Q2 2025 Earnings Estimate for Elastic Issued By William Blair (NYSE:ESTC)

Elastic (NYSE:ESTC) – Equities research analysts at William Blair dropped their Q2 2025 earnings per share estimates for shares of Elastic in a research note issued on Monday, October 7th. William Blair analyst J. Roberge now anticipates that the company will earn ($0.23) per share for the quarter, down from their previous forecast of ($0.22). The consensus estimate for Elastic’s current full-year earnings is ($0.92) per share. William Blair also issued estimates for Elastic’s Q3 2025 earnings at ($0.27) EPS, Q4 2025 earnings at ($0.29) EPS, FY2025 earnings at ($1.03) EPS, Q1 2026 earnings at ($0.20) EPS, Q2 2026 earnings at ($0.19) EPS, Q3 2026 earnings at ($0.19) EPS, Q4 2026 earnings at ($0.20) EPS and FY2026 earnings at ($0.79) EPS.

Several other equities analysts have also recently issued reports on ESTC. DA Davidson lowered their price objective on Elastic from $100.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday, August 30th. Scotiabank lowered their price objective on Elastic from $135.00 to $92.00 and set a “sector outperform” rating on the stock in a research report on Friday, August 30th. Barclays raised Elastic from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $90.00 to $95.00 in a research report on Monday. Guggenheim started coverage on Elastic in a research report on Wednesday, September 11th. They issued a “buy” rating and a $100.00 price objective on the stock. Finally, UBS Group lowered their price objective on Elastic from $135.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, August 30th. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $103.71.

Elastic Stock Performance

ESTC stock opened at $82.00 on Thursday. The stock has a market capitalization of $8.34 billion, a PE ratio of 154.72 and a beta of 0.94. Elastic has a 12-month low of $69.00 and a 12-month high of $136.06. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.75. The stock’s 50 day simple moving average is $87.70 and its 200 day simple moving average is $100.42.

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

Institutional Investors Weigh In On Elastic

Several large investors have recently made changes to their positions in the company. Exchange Traded Concepts LLC increased its holdings in shares of Elastic by 51.8% in the third quarter. Exchange Traded Concepts LLC now owns 27,666 shares of the company’s stock worth $2,124,000 after purchasing an additional 9,444 shares during the last quarter. CWM LLC increased its holdings in shares of Elastic by 2.7% in the third quarter. CWM LLC now owns 26,635 shares of the company’s stock worth $2,045,000 after purchasing an additional 706 shares during the last quarter. Blue Zone Wealth Advisors LLC increased its holdings in shares of Elastic by 60.0% in the third quarter. Blue Zone Wealth Advisors LLC now owns 45,661 shares of the company’s stock worth $3,505,000 after purchasing an additional 17,119 shares during the last quarter. Neumann Advisory Hong Kong Ltd bought a new stake in shares of Elastic in the third quarter worth about $12,078,000. Finally, Handelsbanken Fonder AB increased its holdings in shares of Elastic by 13.3% in the third quarter. Handelsbanken Fonder AB now owns 18,800 shares of the company’s stock worth $1,443,000 after purchasing an additional 2,200 shares during the last quarter. 97.03% of the stock is owned by institutional investors.

Insider Activity at Elastic

In other Elastic news, Director Paul R. Auvil III purchased 20,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were acquired at an average cost of $74.25 per share, with a total value of $1,485,000.00. Following the completion of the acquisition, the director now directly owns 22,627 shares in the company, valued at $1,680,054.75. The trade was a 700.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Elastic news, CEO Ashutosh Kulkarni sold 19,649 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $70.25, for a total transaction of $1,380,342.25. Following the sale, the chief executive officer now directly owns 432,648 shares of the company’s stock, valued at $30,393,522. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul R. Auvil III purchased 20,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were acquired at an average cost of $74.25 per share, for a total transaction of $1,485,000.00. Following the completion of the acquisition, 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. Over the last three months, insiders have sold 37,406 shares of company stock worth $2,627,772. Corporate insiders own 18.10% 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.