Elastic N.V.(ESTC)
NASDAQ

ESTC Stock Analysis — July 2026

$61.59
-0.52 (-0.84%)

ESTC Stock Price Today (July 2026) — Elastic N.V. Analysis & Key Metrics 2026-07-17

Elastic N.V. (ESTC) is trading at $61.59, down 0.84% today (as of July 2026). The stock continues to show sustained strength above key moving averages, attracting attention from investors looking for Technology growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $74.26 (20.6% upside).
  • Volatility remains elevated (23.39% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (16.00% YoY) alongside significant competitive pressures.

ESTC Stock Analysis: Key Metrics & Valuation (July 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target74.259320.6%
Volatility (30d ann.)23.3924High
RSI (14-day)
59.02 (Neutral)
Debt$591.56M (46.34 D/E)

Elastic N.V. - Historical Price & Volume

$61.59
-50.25 (-44.93%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$5.93B

Enterprise Value: $5.15B

P/E Ratio

17.96

Forward P/E: 14.70

Revenue Growth

+16.00%

Year over Year

Analyst Target

$74.26

+20.6% upside potential

Key Investor Questions About ESTC

What investors need to know before buying

Is it a good time to buy ESTC stock?

Based on current market data, ESTC presents a neutral technical setup with caution warranted fundamentals.

  • Technicals say: Neutral (RSI 59.02)
  • Fundamentals say: Caution warranted (high leverage concerns)
Can ESTC sustain revenue growth in the Software - Application market?

ESTC's growth trajectory depends on its ability to expand within the Software - Application sector while managing margin pressures.

  • Future growth will depend on performance in core Software - Application operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing ESTC stock?

The primary risks for ESTC investors include debt exposure and competitive dynamics in the Software - Application industry.

  • $591.56M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Software - Application.

52-Week Trading Range

52-Week Low$42.05
52-Week High$96.07
Current Price$61.59

Over the past year, ESTC stock traded between $42.05 and $96.07—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility23.39%
Beta1.35
RSI (14-day)59.02

With 23.39% annualized volatility and β=1.35, the stock exhibits high sensitivity to market moves—making ESTC suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership12.32%
Institutional Ownership89.10%
Shares Short6.29M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$74.26
Upside Potential
20.6%
Recommendation
buy
Analysts see strong upside potential with a target of $74.26. The 20.6% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

StockStoryJul 15, 2026

1 Growth Stock to Stash and 2 We Turn Down

Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.

StockStoryJul 14, 2026

Elastic, Veeva Systems, and SentinelOne Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.

ZacksJul 10, 2026

Dynatrace Benefits From AI, Cloud and Telemetry Trends

DT rides AI, cloud and telemetry growth, but rising hosting costs test its ability to turn consumption into recurring revenue and profits.

ZacksJul 10, 2026

Is Dynatrace Stock a Buy Now or a Hold at Current Levels?

DT pairs 19% revenue growth and strong cash flow with a lower valuation, but margin risks and limited upside support a hold-or-wait view.

ZacksJul 10, 2026

Dynatrace Stock Outlook Hinges on ARR, AI and Platform Wins

DT pairs 18% ARR growth and rising platform consumption with larger deals, but cloud costs and competition temper the stock story.

StockStoryJul 10, 2026

1 Small-Cap Stock Worth Investigating and 2 We Question

Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.

Simply Wall St.Jul 3, 2026

Elastic (ESTC) Stock May Be Overvalued Despite New Observability Features

Elastic stock is coming off a difficult run, with the share price down about 60.6% over the past five years. However, the current valuation checks and recent product momentum in observability are sending a more mixed message about where value now sits. Over five years, Elastic has declined about 60.6%, which puts the current share price in the context of a long period of weak returns for investors who bought and held over that window. Recent upgrades to Elastic's observability platform,...

Simply Wall St.Jul 2, 2026

The Bull Case For Elastic (ESTC) Could Change Following Its Unified Observability Push Into Metrics And Logs

In late June 2026, Elastic announced new observability capabilities that unify metrics and logs on its Elasticsearch-based platform, adding native Prometheus and PromQL support, Kubernetes investigation workflows, and automated migration tools from Datadog and Grafana across Elastic Cloud, serverless, and self-managed deployments. A distinctive aspect of this launch is Elastic’s attempt to position its columnar metrics engine as a single, high-performance backend for logs, metrics, and...

Simply Wall St.Jul 2, 2026

Elastic (ESTC) Launches Unified Observability Platform To Win Over Prometheus Users

Elastic (NYSE:ESTC) has introduced a unified observability platform that combines metrics and logs in a single experience. The release adds native Prometheus and PromQL support, aiming to simplify adoption for existing open source monitoring users. Elastic is offering automated migration paths from Datadog and Grafana, targeting teams that want to consolidate tools. The platform includes integrated Kubernetes workflows designed for SRE and DevOps teams managing cloud native...

StockStoryJul 1, 2026

Datadog and Elastic Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after Guggenheim's John DiFucci upgraded both Salesforce and ServiceNow to Buy, arguing the AI-disruption fear that gutted the software sector during the year had pushed valuations too low.

Frequently Asked Questions

Common investor questions about Elastic N.V.

Elastic N.V. (ESTC) is currently trading at $61.59. The RSI (14-day) is at 59.0, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $74.26 implies 20.6% upside from current levels. Volatility is moderate at 23.4% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Elastic N.V. (ESTC): The trailing P/E ratio is 17.96, which is in line with broader market averages. The forward P/E is 14.70, lower than the trailing P/E, suggesting analysts expect earnings improvement. Price-to-Book is 5.05. Price-to-Sales is 3.68. Valuation should be compared to Software - Application industry peers for context, as different sectors trade at different multiples.

Based on 27 analysts covering ESTC, the consensus price target is $74.26. This represents a 20.6% upside from the current price of $61.59. The range spans from a low target of $53.00 to a high target of $120.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Elastic N.V. (ESTC) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Elastic N.V. (ESTC) investors include: 1. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 2. Software - Application sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Elastic N.V.'s (ESTC) current debt and financial health profile: Total debt stands at $591.56M. The debt-to-equity ratio is 46.34, which is moderate and generally manageable for most companies. The current ratio is 1.68, indicating strong short-term liquidity. The quick ratio is 1.52. The company holds $1.37B in cash and equivalents. Free cash flow is positive at $461.71M, providing a cushion for debt servicing and shareholder returns.