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 September 14, 2026, ESTC stock price climbed to $85.11 with 2,175,633 million shares trading.

ESTC has a beta of 1.69, meaning it tends to be more sensitive to market movements. ESTC has a correlation of 0.13 to the broad based SPY ETF.

ESTC has a market cap of $8.94 billion. This is considered a Mid Cap stock.

Last quarter Elastic N.V. reported $478 million in Revenue and $.70 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.26.

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): CIBR, VTI, VB, VGT, BAI.

ESTC has underperformed the market in the last year with a price return of -2.8% while the SPY ETF gained +16.9%. However, in the short term, ESTC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +41.0% vs +2.8% return in SPY. But in the last 2 weeks, ESTC shares have been beat by the market, returning -12.8% compared to an SPY return of -0.8%.

ESTC support price is $80.64 and resistance is $86.15 (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.