Equities Analysts Issue Forecasts for Elastic Q2 Earnings

Elastic (NYSE:ESTC) – Analysts at Wedbush issued their Q2 2025 EPS estimates for shares of Elastic in a research note issued to investors on Thursday, October 17th. Wedbush analyst D. Ives anticipates that the company will post earnings per share of ($0.26) for the quarter. Wedbush has a “Hold” rating on the stock. The consensus estimate for Elastic’s current full-year earnings is ($0.91) per share. Wedbush also issued estimates for Elastic’s Q3 2025 earnings at ($0.23) EPS, Q4 2025 earnings at ($0.23) EPS, FY2025 earnings at ($1.01) EPS, Q1 2026 earnings at ($0.27) EPS, Q2 2026 earnings at ($0.25) EPS, Q3 2026 earnings at ($0.24) EPS, Q4 2026 earnings at ($0.22) EPS and FY2026 earnings at ($0.98) EPS.

Elastic (NYSE:ESTC) last issued its earnings results on Thursday, August 29th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.10. The business had revenue of $347.42 million during the quarter, compared to analysts’ expectations of $344.67 million. Elastic had a net margin of 4.62% and a negative return on equity of 17.54%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.35) earnings per share.

Several other research analysts have also recently issued reports on ESTC. UBS Group decreased their target price on shares of Elastic from $135.00 to $95.00 and set a “buy” rating for the company in a report on Friday, August 30th. Jefferies Financial Group decreased their price objective on shares of Elastic from $140.00 to $110.00 and set a “buy” rating for the company in a report on Friday, August 30th. William Blair raised shares of Elastic from a “market perform” rating to an “outperform” rating in a report on Monday, October 14th. Barclays raised shares of Elastic from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $90.00 to $95.00 in a report on Monday, October 7th. Finally, Stifel Nicolaus decreased their price objective on shares of Elastic from $120.00 to $98.00 and set a “buy” rating for the company in a report on Friday, August 30th. Eight research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $103.71.

Elastic Stock Down 1.3 %

Shares of Elastic stock opened at $79.40 on Monday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.91 and a current ratio of 1.91. The stock has a market capitalization of $8.08 billion, a PE ratio of 149.81 and a beta of 0.94. Elastic has a 52-week low of $69.00 and a 52-week high of $136.06. The company has a 50-day simple moving average of $84.28 and a two-hundred day simple moving average of $99.44.

Insiders Place Their Bets

In other Elastic news, CFO Janesh Moorjani sold 6,941 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $70.25, for a total value of $487,605.25. Following the completion of the transaction, the chief financial officer now directly owns 195,550 shares in the company, valued at $13,737,387.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Elastic news, CFO Janesh Moorjani sold 6,941 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $70.25, for a total value of $487,605.25. Following the completion of the transaction, the chief financial officer now directly owns 195,550 shares in the company, valued at $13,737,387.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul R. Auvil III purchased 20,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was purchased at an average price of $74.25 per share, with a total value of $1,485,000.00. Following the completion of the transaction, the director now owns 22,627 shares of the company’s stock, valued at approximately $1,680,054.75. This trade represents a 700.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 37,406 shares of company stock worth $2,627,772 over the last three months. 18.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Elastic

Several hedge funds have recently modified their holdings of the stock. Asset Dedication LLC raised its stake in Elastic by 1,333.3% during the second quarter. Asset Dedication LLC now owns 301 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares in the last quarter. AlphaCentric Advisors LLC purchased a new stake in Elastic during the second quarter valued at $40,000. Quarry LP purchased a new stake in Elastic during the second quarter valued at $40,000. Lynx Investment Advisory purchased a new stake in Elastic during the second quarter valued at $43,000. Finally, Signaturefd LLC raised its stake in Elastic by 44.1% during the second quarter. Signaturefd LLC now owns 389 shares of the company’s stock valued at $44,000 after purchasing an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 97.03% of the company’s stock.

About Elastic

Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, 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.