<div id="readability-page-1"><p>Elastic N.V. (NYSE:ESTC - Get Free Report) has been given a consensus recommendation of &#34;Moderate Buy&#34; by the twenty-nine brokerages that are presently  covering the firm, MarketBeat.com reports. One analyst  has rated the stock with a sell recommendation, eleven have issued  a hold recommendation and seventeen have given a buy recommendation to  the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $107.25.</p><ul><li>Buyback Boom: 3 Companies Betting Big on Themselves</li></ul><p>A number of analysts recently commented on the stock. Truist Financial lowered their target price on shares of Elastic from $140.00 to $120.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday, November 19th. Monness Crespi &amp; Hardt downgraded shares of Elastic from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a research note on Friday, November 21st. Rosenblatt Securities  reissued a &#34;buy&#34; rating and set a $130.00 price objective on shares of Elastic in a report on Wednesday, November 19th. Cantor Fitzgerald reduced their target price on Elastic from $94.00 to $85.00 and set a &#34;neutral&#34; rating for the company in a research note on Friday, November 21st. Finally, Wedbush lowered their price target on Elastic from $110.00 to $90.00 and set an &#34;outperform&#34; rating for the company in a research report on Friday, November 21st.</p><p><b>Get Our Latest Stock Analysis on ESTC</b></p><h2>Insider Transactions at Elastic</h2><ul><li>MarketBeat Week in Review – 03/03 - 03/07</li></ul><p>In other news, insider Carolyn Herzog sold 5,353 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 value of $401,742.65. Following the sale, the insider directly owned 89,324 shares of the company's stock, valued at $6,703,766.20. This represents a 5.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, CEO Ashutosh Kulkarni sold 20,413 shares of the firm's stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $75.05, for a total transaction of $1,531,995.65. Following the transaction, the chief executive officer directly owned 431,901 shares of the company's stock, valued at approximately $32,414,170.05. This trade represents a 4.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 63,147 shares of company stock valued at $4,828,540 over the last quarter. Company insiders own  12.70% of the company's stock. </p><h2>Institutional Trading of Elastic</h2><p>Several hedge funds and other institutional investors have recently added to or reduced their stakes in ESTC. AQR Capital Management LLC raised its position in shares of  Elastic by 6,651.3% in the first quarter. AQR Capital Management LLC now owns 1,403,859 shares of the company's stock worth $122,978,000 after acquiring an additional 1,383,065 shares during the period.  Alyeska Investment Group L.P. increased its stake in shares of  Elastic by 490.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,113,503 shares of the company's stock valued at $94,080,000 after purchasing an additional 924,911 shares in the last quarter.  Driehaus Capital Management LLC raised its holdings in  Elastic by 1,450.8% in the 1st quarter. Driehaus Capital Management LLC now owns 880,454 shares of the company's stock worth $78,448,000 after purchasing an additional 823,680 shares during the period.  Vanguard Group Inc. raised its holdings in  Elastic by 7.4% in the 3rd quarter. Vanguard Group Inc. now owns 10,206,204 shares of the company's stock worth $862,322,000 after purchasing an additional 705,991 shares during the period.  Finally, Qube Research &amp; Technologies Ltd boosted its position in  Elastic by 302.1% during the second quarter. Qube Research &amp; Technologies Ltd now owns 932,630 shares of the company's stock worth $78,649,000 after purchasing an additional 700,697 shares in the last quarter. Institutional investors and hedge funds own  97.03% of the company's stock. </p><h2>Elastic Stock Up 0.5%</h2><ul><li>Elastic: The Under-the-Radar Tech Stock You Need to See</li></ul><p>Elastic stock opened at $79.25 on Friday. Elastic has a 1-year low of $68.10 and a 1-year high of $118.84. The business has a fifty day moving average price of $82.57 and a 200-day moving average price of $83.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.97 and a quick ratio of 1.97. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of -76.94 and a beta of 0.97. </p><p>Elastic (NYSE:ESTC - Get Free Report) last released its quarterly earnings results on Thursday, November 20th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.06. Elastic had a negative return on equity of 2.02% and a negative net margin of 6.79%.The company had revenue of $423.48 million during the quarter, compared to analysts' expectations of $418.27 million. During the same period last year, the business posted $0.59 earnings per share. The firm's revenue was up 15.9% compared to the same quarter last year. Elastic has set its Q3 2026 guidance at 0.630-0.65 EPS.  Equities research analysts forecast that  Elastic will post -0.77 EPS for the current fiscal year. </p><p>Elastic announced that its board has approved a share buyback program on Thursday, October 9th that permits the company to buyback $0.00 in    shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued. </p><h2>Elastic Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Elastic</li><li>What Are Dividends? Buy the Best Dividend Stocks</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>2 Rising CRM Platform Stocks That Can Surge Higher in 2025 </li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>What is Put Option Volume?</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVTVEM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVTVEM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Elastic Right Now?</h2><p>Before you consider Elastic, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Elastic wasn't on the list.</p><p>While Elastic currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ESTC

<p>Elastic N.V. (NYSE:ESTC) has received a "Moderate Buy" consensus from 29 brokerages, with 17 buy, 11 hold, and 1 sell ratings. The average 1-year target price is $107.25. Recent analyst actions include target price adjustments and rating changes. Insider trading activities were reported, with significant stock sales by insiders. Institutional investors have been actively adjusting their stakes in the company. Elastic's stock opened at $79.25, with a market cap of $8.35 billion.</p>

Elastic N.V. (NYSE:ESTC) Receives Consensus Recommendation of "Moderate Buy" from Analysts