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 April 24, 2026, ESTC stock price climbed to $46.40 with 2,207,882 million shares trading.

ESTC has a beta of 1.13, 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 $4.83 billion. This is considered a Mid Cap stock.

Last quarter Elastic N.V. reported $450 million in Revenue and $.73 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.34.

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, VB, CIBR, VGT, VBK.

ESTC has underperformed the market in the last year with a return of -43.5%, while the SPY ETF gained +31.9%. In the last 3 month period, ESTC fell short of the market, returning -35.4%, while SPY returned +3.8%. However, in the most recent 2 weeks ESTC has outperformed the stock market by returning +7.2%, while SPY returned +5.1%.

ESTC support price is $44.07 and resistance is $47.43 (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.