Elastic (NYSE:ESTC – Get Free Report) updated its fourth quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.360-0.370 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $379.0 million-$381.0 million, compared to the consensus revenue estimate of $374.1 million. Elastic also updated its FY 2025 guidance to 1.910-1.960 EPS.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. Piper Sandler upped their price target on shares of Elastic from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday. Scotiabank raised their price target on shares of Elastic from $127.00 to $140.00 and gave the company a “sector outperform” rating in a report on Friday. Jefferies Financial Group raised their price target on shares of Elastic from $110.00 to $135.00 and gave the company a “buy” rating in a report on Friday, November 22nd. The Goldman Sachs Group raised their price target on shares of Elastic from $99.00 to $113.00 and gave the company a “neutral” rating in a report on Friday, November 22nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Elastic in a report on Friday, November 22nd. Seven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.09.
Read Our Latest Report on Elastic
Elastic Stock Up 14.9 %
Elastic (NYSE:ESTC – Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.48). The business had revenue of $382.08 million for the quarter, compared to analysts’ expectations of $368.85 million. Elastic had a negative return on equity of 13.20% and a net margin of 4.39%. On average, sell-side analysts forecast that Elastic will post -0.77 earnings per share for the current year.
Insider Transactions at Elastic
In other news, CEO Ashutosh Kulkarni sold 7,017 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $108.12, for a total transaction of $758,678.04. Following the completion of the transaction, the chief executive officer now directly owns 395,326 shares of the company’s stock, valued at approximately $42,742,647.12. The trade was a 1.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 15.90% 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.
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