Professional
Added to YB: 2020-10-01
Pitch date: 2020-10-01
ESTC [bullish]
Elastic N.V.
-29.61%
current return
Author Info
Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.
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
$8.7B
Pitch Price
$108.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
-890.03
P/E
-79.15
EV/Sales
4.90
Sector
Software
Category
growth
Greenhaven Road Top 5 Holding - Elastic NV ($ESTV)
ESTC: Open source model drives widespread adoption; 100M+ downloads, community of users/devs. Usage-based pricing benefits from enterprise data growth tailwinds; 130%+ net retention. 630 $100K+ ACV customers, mission-critical for large orgs like Walmart. $10B market cap, strong retention make it an attractive M&A target.
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