Elastic (ESTC) Expected to Announce Quarterly Earnings on Thursday

Elastic (NYSE:ESTC) will likely be releasing its Q2 2026 results before the market opens on Thursday, November 20th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $418.2710 million for the quarter. Elastic has set its FY 2026 guidance at 2.290-2.350 EPS. Q2 2026 guidance at 0.560-0.580 EPS.Investors can find conference call details on the company’s upcoming Q2 2026 earningreport page for the latest details on the call scheduled for Thursday, November 20, 2025 at 5:00 PM ET.

Elastic (NYSE:ESTC) last posted its quarterly earnings results on Thursday, August 28th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.50). The company had revenue of $415.29 million during the quarter, compared to the consensus estimate of $397.13 million. Elastic had a negative net margin of 5.38% and a negative return on equity of 1.68%. During the same quarter in the prior year, the business earned $0.35 earnings per share. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. On average, analysts expect Elastic to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Elastic Price Performance

NYSE:ESTC opened at $92.49 on Thursday. Elastic has a 1-year low of $70.14 and a 1-year high of $118.84. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.59. The firm has a fifty day simple moving average of $86.91 and a 200 day simple moving average of $85.43. The stock has a market capitalization of $9.83 billion, a PE ratio of -115.61 and a beta of 1.04.

Elastic declared that its Board of Directors has authorized a share repurchase program on Thursday, October 9th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Elastic news, insider Carolyn Herzog sold 5,143 shares of Elastic stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $90.12, for a total transaction of $463,487.16. Following the transaction, the insider directly owned 94,677 shares of the company’s stock, valued at approximately $8,532,291.24. This trade represents a 5.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ashutosh Kulkarni sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $88.12, for a total transaction of $440,600.00. Following the completion of the sale, the chief executive officer owned 452,314 shares of the company’s stock, valued at approximately $39,857,909.68. The trade was a 1.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 352,042 shares of company stock valued at $31,087,394 over the last three months. Corporate insiders own 12.70% of the company’s stock.

Institutional Investors Weigh In On Elastic

A number of large investors have recently added to or reduced their stakes in ESTC. Maytus Capital Management LLC purchased a new position in Elastic during the second quarter valued at $4,647,000. Oxford Asset Management LLP purchased a new stake in Elastic in the second quarter worth about $918,000. Orion Porfolio Solutions LLC increased its stake in shares of Elastic by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 8,593 shares of the company’s stock valued at $726,000 after purchasing an additional 118 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of Elastic by 36.2% during the second quarter. Benjamin Edwards Inc. now owns 7,244 shares of the company’s stock valued at $611,000 after purchasing an additional 1,924 shares during the last quarter. Finally, Focus Partners Wealth purchased a new position in shares of Elastic during the first quarter valued at approximately $494,000. Institutional investors own 97.03% of the company’s stock.

Analysts Set New Price Targets

ESTC has been the topic of a number of recent research reports. Canaccord Genuity Group raised their price target on shares of Elastic from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Oppenheimer reaffirmed an “outperform” rating on shares of Elastic in a report on Friday, August 29th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Elastic in a research report on Friday, August 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Elastic in a research report on Wednesday, October 8th. Finally, DA Davidson initiated coverage on Elastic in a research note on Friday, August 29th. They set a “neutral” rating and a $105.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Elastic presently has an average rating of “Moderate Buy” and a consensus target price of $119.00.

Elastic Company Profile

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.