ESTC Stock Summary and Trading Ideas (Elastic N.V. | NYSE:ESTC)

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.

Elastic N.V. trades on the NYSE stock market under the symbol ESTC.

As of June 5, 2026, ESTC stock price declined to $61.79 with 1,703,900 million shares trading.

ESTC has a beta of 1.25, meaning it tends to be more sensitive to market movements. ESTC has a correlation of 0.09 to the broad based SPY ETF.

ESTC has a market cap of $6.47 billion. This is considered a Mid Cap stock.

Last quarter Elastic N.V. reported $451 million in Revenue and $.61 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.18.

In the last 3 years, ESTC traded as high as $136.06 and as low as $42.05.

The top ETF exchange traded funds that ESTC belongs to (by Net Assets): VTI, CIBR, VB, VGT, VBK.

ESTC has underperformed the market in the last year with a return of -28.4%, while SPY returned +25.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ESTC shares. However, ESTC has outperformed the market in the last 3 month and 2 week periods, returning +16.5% and +12.7%, while SPY returned +8.5% and -1.1%, respectively. This indicates ESTC has been having a stronger performance recently.

ESTC support price is $62.37 and resistance is $67.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ESTC shares will trade within this expected range on the day.