Elastic (NYSE:ESTC) Updates Q3 2025 Earnings Guidance

Elastic (NYSE:ESTC) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.460-0.480 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of $367.0 million-$369.0 million, compared to the consensus revenue estimate of $355.9 million. Elastic also updated its FY 2025 guidance to 1.680-1.720 EPS.

Elastic Stock Up 23.2 %

Shares of ESTC stock opened at $115.94 on Friday. The stock’s 50-day simple moving average is $80.71 and its 200-day simple moving average is $97.05. 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 firm has a market capitalization of $11.91 billion, a PE ratio of 210.80 and a beta of 0.94. Elastic has a fifty-two week low of $69.00 and a fifty-two week high of $136.06.

Elastic (NYSE:ESTC) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.10. The business had revenue of $347.42 million for the quarter, compared to analyst estimates of $344.67 million. Elastic had a negative return on equity of 17.54% and a net margin of 4.62%. The company’s revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.35) earnings per share. Equities analysts expect that Elastic will post -0.92 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Robert W. Baird upgraded Elastic from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $95.00 to $135.00 in a research note on Friday. Guggenheim assumed coverage on Elastic in a research note on Wednesday, September 11th. They issued a “buy” rating and a $100.00 target price on the stock. Barclays upped their target price on Elastic from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Bank of America upped their target price on Elastic from $94.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Jefferies Financial Group lowered their target price on Elastic from $140.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Seven analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, Elastic currently has a consensus rating of “Moderate Buy” and an average target price of $108.95.

Insider Activity

In other news, Director Paul R. Auvil III acquired 20,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was acquired at an average cost of $74.25 per share, with a total value of $1,485,000.00. Following the completion of the purchase, the director now owns 22,627 shares of the company’s stock, valued at $1,680,054.75. This represents a 761.32 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Shay Banon sold 2,666 shares of Elastic stock in a transaction on Monday, September 9th. The shares were sold at an average price of $70.25, for a total value of $187,286.50. Following the completion of the transaction, the chief technology officer now owns 4,543,190 shares of the company’s stock, valued at approximately $319,159,097.50. This trade represents a 0.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 37,406 shares of company stock worth $2,627,772 over the last quarter. 15.90% of the stock is currently owned by corporate insiders.

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.