Added to YB: 2026-07-28
Pitch date: 2026-07-26
ESTC [bullish]
Elastic N.V.
+2.24%
current return
Author Info
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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
$6.1B
Pitch Price
$59.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
-352.70
P/E
17.11
EV/Sales
3.06
Sector
Software
Category
value
Show full summary:
Application Software Earnings Preview: The Setup Into August - Elastic N.V.
ESTC: Most asymmetric position - fail case priced, win case isn't. At 2.6x fwd rev (below 3yr 3x floor), ~7% trailing FCF yield. cRPO accel 15%→20%, non-current RPO +43%, deferred rev +27% QoQ. LT op-margin target raised 20%→25%. Watch late-Aug: expansion rate off 112%, rev clear ~$470M.
Read full article (1 min)