Elastic N V (ESTC) Stock
Enterprise search and security analytics platform. Here's the price, business snapshot, and what's worth knowing about Elastic N V in October 2026.
Elastic NV (ESTC) is best known for the Elastic Stack (Elasticsearch, Kibana, Beats and Logstash), a suite used for enterprise search, observability and security analytics. The company generates revenue primarily from subscription and cloud services, with growing emphasis on Elastic Cloud and managed offerings. Investors often watch Elastic for recurring-revenue momentum, product-led adoption and expansion into observability and security markets. Key growth drivers include cloud migration, increasing machine data volumes and demand for real-time search and analytics. Risks include competition from large cloud providers and specialist rivals, execution challenges as the company scales its cloud business, and valuation sensitivity to growth expectations. Market cap is about $9.21 billion. This summary is for general educational purposes only and is not personal financial advice; values can fall as well as rise and past performance is not a reliable guide to future results.
Elastic N V (ESTC) Stock Forecast
Analyst price target, next 12 months
$120.18
+27.9% vs today's $93.94
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Elastic N V have a consensus 12-month target of $120.18, above the current price of $93.94.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 5 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Elastic N V's stock, which has a potential to reach $120.18.
Financial Health
Elastic N V is generating strong revenue and cash flow, with a high gross profit margin.
Dividend
Elastic N V does not currently pay a dividend, which may indicate they are reinvesting profits to grow the business. If you invested $1000, you would not receive any dividends.
Why You’ll Want to Watch This Stock
Cloud subscription growth
Elastic Cloud is driving recurring revenue and higher lifetime value, though growth could slow if competition or execution issues arise.
Search and observability
The Elastic Stack remains a widely used toolkit for real-time search and analytics, supporting use cases across IT, security and product teams; performance can vary by market adoption.
Broad customer reach
Customers span industries and geographies, offering diversification benefits; however, exposure to enterprise IT spending cycles can affect demand.
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