Elastic (NYSE:ESTC) Releases Q4 2026 Earnings Guidance

Elastic (NYSE:ESTC) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.550-0.570 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $445.0 million-$447.0 million, compared to the consensus revenue estimate of $442.0 million. Elastic also updated its FY 2026 guidance to 2.500-2.540 EPS.

Analyst Ratings Changes

Several equities analysts recently issued reports on ESTC shares. Wells Fargo & Company dropped their target price on shares of Elastic from $90.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Citigroup lowered their price objective on Elastic from $115.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Scotiabank cut their target price on Elastic from $90.00 to $76.00 and set a “sector perform” rating on the stock in a research report on Friday, November 21st. Royal Bank Of Canada decreased their target price on Elastic from $115.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, Monness Crespi & Hardt lowered Elastic from a “buy” rating to a “neutral” rating in a research note on Friday, November 21st. Seventeen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Elastic currently has an average rating of “Moderate Buy” and an average price target of $101.17.

Elastic Stock Down 11.8%

Shares of NYSE ESTC traded down $7.26 during midday trading on Friday, hitting $54.32. 2,356,914 shares of the stock traded hands, compared to its average volume of 1,911,879. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.97 and a current ratio of 1.97. Elastic has a one year low of $49.90 and a one year high of $117.49. The business has a 50 day moving average price of $68.90 and a two-hundred day moving average price of $77.96. The company has a market cap of $5.72 billion, a PE ratio of -52.61, a P/E/G ratio of 235.94 and a beta of 0.93.

Insider Buying and Selling at Elastic

In other Elastic news, CTO Shay Banon sold 4,552 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $75.05, for a total transaction of $341,627.60. Following the transaction, the chief technology officer owned 4,359,228 shares in the company, valued at approximately $327,160,061.40. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Navam Welihinda sold 1,046 shares of Elastic stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $74.51, for a total transaction of $77,937.46. Following the transaction, the chief financial officer owned 123,874 shares of the company’s stock, valued at $9,229,851.74. This represents a 0.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 61,828 shares of company stock worth $4,641,010 in the last ninety days. 12.70% of the stock is currently owned by corporate insiders.

Elastic News Roundup

Here are the key news stories impacting Elastic this week:

• Positive Sentiment: Company beat on revenue and subscription growth — Q3 revenue was about $450M, up ~18% year-over-year, and subscription revenue rose ~19%, showing continued demand for its Search AI platform. BusinessWire: Q3 Results
• Positive Sentiment: Management raised forward guidance materially — Q4 EPS guide and full‑year FY2026 EPS guidance were well above Street estimates (company gave Q4 EPS and FY EPS ranges that exceeded consensus), signaling stronger expected profitability going forward. BusinessWire: Guidance
• Positive Sentiment: Management emphasized AI expansion and product momentum on the earnings call, which could support longer‑term revenue upside as customers adopt Search AI features. Yahoo: Earnings Highlights
• Neutral Sentiment: Full earnings/management discussion is available in the Q3 call transcript for investors wanting detail on margins, churn, and product metrics. Seeking Alpha: Call Transcript
• Negative Sentiment: GAAP profitability disappointed — one report shows GAAP EPS missed consensus (reported around -$0.03 vs. expectations), and the company still posts negative net margin and negative return on equity, which worried investors. MarketBeat: Earnings Snapshot
• Negative Sentiment: Market punished the stock despite revenue outperformance and raised guidance — coverage notes and headlines report a sharp drop after the print, signaling investors were focused on profitability, GAAP miss, or near‑term execution risks. Investing.com: Shares Tumble

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Focus Partners Wealth purchased a new position in Elastic during the first quarter worth about $494,000. Northwestern Mutual Wealth Management Co. increased its stake in Elastic by 17.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,159 shares of the company’s stock valued at $98,000 after buying an additional 171 shares during the last quarter. Invesco Ltd. lifted its position in shares of Elastic by 11.7% during the 2nd quarter. Invesco Ltd. now owns 95,332 shares of the company’s stock worth $8,039,000 after buying an additional 9,990 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Elastic by 400.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,110 shares of the company’s stock worth $178,000 after buying an additional 1,688 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of Elastic by 24.7% in the second quarter. Cerity Partners LLC now owns 30,545 shares of the company’s stock valued at $2,576,000 after acquiring an additional 6,056 shares in the last quarter. Institutional investors own 97.03% of the company’s stock.

About Elastic

Elastic N.V. operates as a search and analytics company, offering a suite of open source and subscription-based solutions for search, observability and security use cases. Its flagship product, Elasticsearch, enables fast and scalable full-text search and analytics across large volumes of structured and unstructured data. Complementary tools such as Kibana provide visualization capabilities, while Beats and Logstash serve as lightweight data shippers and data processing pipelines, respectively.

The company was founded in 2012 by Shay Banon, who serves as chief technology officer, and Steven Schuurman.