Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Elastic NV
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. It primarily offers Elastic's Search AI Platform, 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. Read full Trend Edge analysis →
Sector: Technology
Industry: Software-Application
Exchange: NYSE
IPO Date: October 5, 2018
Headquarters: Keizersgracht 281, Amsterdam, Netherlands, 1016 ED
Founder-Led: Yes — Shay Banon (Founder and Chief Technology Officer), Steven Schuurman (Co-Founder and Chief Business Development Officer)
Key Metrics
Current Price
$53.90
Market Cap
$5.72B
Float
82.8M
Shares Outstanding
103.5M
P/E (Forward)
18.73
Price/Sales (TTM)
3.41
vs. Analyst Target
+45.1% to analyst PT
Profit Margin
-5.04%
Operating Margin (TTM)
0.23%
Revenue (TTM)
$1.68B
Dividend Rate
None
Analyst Target Price
$78.21 (30 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$428M
-$167M
$305M
-$156M
2021
$608M
-$129M
$447M
-$104M
2022
$862M
-$204M
$630M
-$157M
2023
$1.07B
-$236M
$772M
-$171M
2024
$1.27B
$61.7M
$937M
-$78.6M
2025
$1.48B
-$108M
$1.10B
$6.1M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Apr 2025
$388M
-$16.4M
Jul 2025
$415M
-$24.6M
Oct 2025
$423M
-$51.3M
Jan 2026
$450M
$7.8M
Ownership & Float
Insider Ownership
12.4%
Institutional Ownership
89.7%
Short Float
6.4%
% of All Funds Holding
4.25%
Number of Funds Holding
349
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$49.66
Near-term / short-term trend
Weekly
40-Week SMA
$68.43
Medium-term trend
Weekly
80-Week SMA
$80.76
Cyclical trend (business cycle)
Weekly
200-Week SMA
$81.47
Secular trend (multi-year)
Monthly
10-Month SMA
$67.31
Near-term monthly trend
Monthly
20-Month SMA
$80.75
Medium-term monthly trend
Monthly
40-Month SMA
$83.44
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$65.00
resistance
1.32x
2 months ago
$89.00
resistance
1.14x
5 months ago
$115.00
resistance
1.13x
13 months ago
Historical Earnings Reactions (31 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.48%
0.83%
54.84%
24.93%
-23.56%
1 Day
0.30%
-2.00%
41.94%
37.13%
-26.49%
1 Week
-1.02%
-6.20%
38.71%
44.11%
-31.40%
2 Weeks
-2.35%
-6.10%
38.71%
40.28%
-26.86%
1 Month
-2.02%
-3.93%
38.71%
28.60%
-32.37%
Next earnings: May 28, 2026
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
2.3%
75.0%
8
Feb
-0.2%
62.5%
8
Mar
-13.2%
12.5%
8
Apr
0.8%
50.0%
8
May
4.5%
42.9%
7
Jun
4.7%
71.4%
7
Jul
7.9%
71.4%
7
Aug
-3.0%
57.1%
7
Sep
0.5%
28.6%
7
Oct
-1.5%
42.9%
7
Nov
5.7%
62.5%
8
Dec
0.0%
50.0%
8
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.11%
50.3%
360
Tuesday
0.13%
50.5%
396
Wednesday
0.18%
50.0%
392
Thursday
-0.05%
52.3%
384
Friday
0.09%
49.9%
385
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 89.7%
Insider Transactions — Smart Summary
Total insider ownership: 12.4%
Founder-led management: Shay Banon (Founder and Chief Technology Officer), Steven Schuurman (Co-Founder and Chief Business Development Officer)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Elastic NV
(ESTC) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.