Added to YB: 2026-04-30
Pitch date: 2026-04-28
ESTC [neutral]
Elastic N.V.
+0.85%
current return
Author Info
No bio for this author
Company Info
Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.
Market Cap
$5.0B
Pitch Price
$47.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.7K
P/E
-59.72
EV/Sales
2.56
Sector
Software
Category
growth
Day 34: Elastic $ESTC
ESTC (overview): Search/analytics engine behind Elasticsearch, expanded into observability & security. 50% cloud rev, $1.8B ARR, 112% NRR, 2.4x EV/ARR, 0% GAAP margin. Bull: AI tailwind as search is core infra primitive, 3K AI customers, 470 >$100K ACV AI deals. Bear: jack-of-all-trades facing fierce competition from Pinecone, Weaviate, Clickhouse, etc across search, observability & security. Lacks focus & product disclosure.
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