Elastic (ESTC) to Release Quarterly Earnings on Thursday

Elastic (NYSE:ESTC) will likely be issuing its Q1 2026 results after the market closes on Thursday, August 28th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $397.1260 million for the quarter. Elastic has set its FY 2026 guidance at 2.240-2.32 EPS. Q1 2026 guidance at 0.410-0.43 EPS.Parties may visit the the company’s upcoming Q1 2026 earningresults page for the latest details on the call scheduled for Thursday, August 28, 2025 at 5:00 PM ET.

Elastic (NYSE:ESTC) last issued its quarterly earnings data on Thursday, May 29th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.10. The business had revenue of $388.43 million during the quarter, compared to analyst estimates of $380.61 million. Elastic had a negative net margin of 7.29% and a negative return on equity of 4.46%. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the business earned $0.21 EPS. On average, analysts expect Elastic to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Elastic Stock Down 1.2%

Shares of NYSE ESTC opened at $79.06 on Tuesday. The company has a 50 day simple moving average of $82.70 and a 200 day simple moving average of $88.59. The firm has a market cap of $8.34 billion, a PE ratio of -75.30 and a beta of 1.07. Elastic has a 1 year low of $69.00 and a 1 year high of $118.84. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.92 and a quick ratio of 1.92.

Insider Activity at Elastic

In other news, CRO Mark Eugene Dodds sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $83.50, for a total transaction of $208,750.00. Following the completion of the sale, the executive owned 172,321 shares of the company’s stock, valued at $14,388,803.50. This trade represents a 1.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ashutosh Kulkarni sold 22,901 shares of the firm’s stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $86.91, for a total transaction of $1,990,325.91. Following the sale, the chief executive officer directly owned 454,841 shares of the company’s stock, valued at approximately $39,530,231.31. This trade represents a 4.79% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,913 shares of company stock worth $4,416,324. Corporate insiders own 15.90% of the company’s stock.

Institutional Trading of Elastic

Several large investors have recently modified their holdings of ESTC. Geneos Wealth Management Inc. acquired a new stake in Elastic in the 2nd quarter valued at $31,000. Northwestern Mutual Wealth Management Co. grew its position in Elastic by 17.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,159 shares of the company’s stock valued at $98,000 after purchasing an additional 171 shares during the period. Headlands Technologies LLC acquired a new stake in Elastic in the 2nd quarter valued at $135,000. EverSource Wealth Advisors LLC grew its position in Elastic by 400.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,110 shares of the company’s stock valued at $178,000 after purchasing an additional 1,688 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in Elastic by 1,420.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,752 shares of the company’s stock valued at $232,000 after purchasing an additional 2,571 shares during the period. Institutional investors and hedge funds own 97.03% of the company’s stock.

Wall Street Analyst Weigh In

ESTC has been the subject of a number of research reports. Stifel Nicolaus dropped their price objective on shares of Elastic from $140.00 to $112.00 and set a “buy” rating for the company in a report on Friday, May 30th. Piper Sandler dropped their price objective on shares of Elastic from $135.00 to $120.00 and set an “overweight” rating for the company in a report on Friday, May 30th. Cantor Fitzgerald lowered their price target on shares of Elastic from $109.00 to $92.00 and set a “neutral” rating for the company in a report on Friday, May 30th. Oppenheimer lowered their price target on shares of Elastic from $120.00 to $100.00 and set an “outperform” rating for the company in a report on Monday, July 21st. Finally, Wedbush lowered their price target on shares of Elastic from $135.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, May 30th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Elastic presently has an average rating of “Moderate Buy” and a consensus price target of $110.60.

About Elastic

Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data.