Shares of Elastic (ESTC) have gained 0% over the past four weeks to close the last trading session at $86.29, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $112.22 indicates a potential upside of 30.1%.The mean estimate comprises 23 short-term price targets with a standard deviation of $15.79. While the lowest estimate of $75 indicates a 13.1% decline from the current price le ...

Elastic (ESTC) 2025 Conference June 04, 2025 04:20 PM ET Speaker0 Get it started here. Welcome, everybody, to the afternoon session of the second day of the Bank of America Technology Conference. Thank you, everybody, for joining. I am super thrilled. Or my name is Koji Ikeda. I am one of the software analysts here at Bank of America, and I'm thrilled to have Navam Willi Hinda. Did I get it right? Speaker1 You got Speaker0 it right. Amazing. From Elastic, CFO, new CFO. Thank you. And thanks for joining us. ...

Elastic (ESTC) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.03%. A quarter ago, it was expected that this software developer would post earnings of $0.47 per share when it actually produced earnings of $0.63, delivering a surprise of 34.04%.Over the last four quarters, the compa ...

Financial Data and Key Metrics Changes - Total revenue in Q4 was $388 million, growing 16% year-over-year on an as-reported and constant currency basis [30] - Subscription revenue in Q4 totaled $362 million, also growing 16% as reported and 17% in constant currency [30] - Elastic Cloud revenue grew 23% on an as-reported and constant currency basis [30] - Non-GAAP operating margin for Q4 was 15%, with a gross margin of 77% [35][36] - Adjusted free cash flow margin improved by approximately 600 basis points to end the year at 19% [36] Business Line Data and Key Metrics Changes - The number of customers with over $1 million in annual contract value grew approximately 27%, adding about 45 net new customers [34] - Customers with over $100,000 in annual contract value grew approximately 14%, adding about 180 net new customers [34] - Subscription revenue excluding Monthly Cloud was $315 million, growing 19% in Q4 [32] Market Data and Key Metrics Changes - Strong growth was observed in the APJ region, followed by EMEA and The Americas, while some pressure was noted in the U.S. Public sector [34] - Over 2,000 Elastic Cloud customers are using Elastic for Gen AI use cases, with over 30% of these customers spending $100,000 or more annually [12] Company Strategy and Development Direction - The company is focusing on leveraging AI to automate business processes and drive innovation, positioning itself as a strategic partner for enterprises [11][18] - Elastic aims to strengthen its position as the preferred vector database, enhancing its offerings with new technologies like better binary quantization [13][19] - The company is committed to maintaining a balance between growth and profitability while continuing to innovate and expand its product offerings [40][43] Management's Comments on Operating Environment and Future Outlook - Management acknowledged potential uncertainty in the macro environment but expressed confidence in the healthy pipeline and demand signals [39] - The company expects continued growth and strong margins in FY 2026, projecting total revenue in the range of $1.655 billion to $1.670 billion [42] Other Important Information - Elastic Cloud now accounts for over 50% of subscription revenue, with strong growth in cloud adoption [18] - The company announced a strategic collaboration agreement with AWS to enhance solution integrations and accelerate AI innovation [25] Q&A Session Summary Question: Guidance and Metrics - Inquiry about the conservativeness of guidance and leading indicators of business performance [45] - Response highlighted the balance of positive demand signals with macro uncertainty, emphasizing the importance of CRPO and subscription revenue metrics [46][49] Question: Partnerships and Market Opportunities - Question regarding the impact of recent partnerships, particularly with AWS and NVIDIA, on market opportunities [53] - Management noted the growing acceptance of Elastic as a leading vector database and the importance of partnerships for driving cloud adoption [54] Question: Retrieval Augmented Generation (RAG) - Inquiry about the durability of RAG architectures and Elastic's positioning [59] - Management affirmed the critical role of retrieval in enterprise data management and the growing adoption of their vector database for RAG use cases [60][61] Question: Cloud Performance and Consumption Hesitation - Question about the sequential growth in cloud performance and the impact of the leap year [62] - Management clarified that the leap year and fewer days in Q4 affected consumption rates, but normalized growth rates remained strong [64][66] Question: Go-to-Market Strategy and Changes - Inquiry about the effectiveness of go-to-market changes made in the previous fiscal year [69] - Management confirmed that the changes have settled and are yielding positive results, with plans to continue hiring sales capacity [70][72] Question: AI Commitments and Emerging Use Cases - Question about the $1 million AI commitments and emerging use cases [93] - Management clarified that 25% of $1 million customers are using Elastic for AI workloads, with a variety of sophisticated use cases emerging across industries [94][96]

Elastic (ESTC) Q4 2025 Earnings Call May 29, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to the Elastic NV Fourth Quarter Fiscal twenty twenty five Earnings Results Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Anthony Luscri, Vice President of Investor Relations. Please go ahead. Speaker1 Thank you. Good afternoon and ...

Corporate Overview and Q4FY25 Financial Results May 29, 2025 Forward Looking Statements; Use of Non-GAAP Measures This presentation and the accompanying oral presentation contain forward-looking statements that involve substantial risks and uncertainties, which include, but are not limited to, statements regarding our expected financial results for the fiscal quarter ending July 31, 2025 and fiscal year ending April 30, 2026, our strategic areas of focus, expectations and plans regarding our future growth, ...

Q4 Revenue of $388 million, up 16% year-over-year (16% in constant currency) Q4 Elastic Cloud Revenue of $182 million, up 23% year-over-year (23% in constant currency) FY25 Revenue of $1.483 billion, up 17% year-over-year (17% in constant currency) SAN FRANCISCO, Calif., May 29, 2025 -- Elastic (NYSE: ESTC) ("Elastic"), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2025. Fourth Quarter Fiscal 2025 Financial Highlights Full Fiscal 2025 Financia ...

NEW YORK, April 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Elastic N.V. ("Elastic" or the "Company") (NYSE: ESTC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Elastic investors who were adversely affected by alleged securities fraud between May 31, 2024 and August 29, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/elastic-n-v-lawsuit-submission-form?prid= ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1]. Group 1: Allegations - The complaint alleges that Elastic made materially false and misleading statements and failed to disclose significant changes to its sales operations, particularly in the Americas [1]. - These changes reportedly disrupted Elastic's sales operations in the first quarter of FY 2025, leading to an overstatement of the stability of its sales operations [1]. - As a result, Elastic is unlikely to meet its previously issued revenue guidance for FY 2025, making the defendants' public statements materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is from May 31, 2024, to August 29, 2024, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is April 14, 2025, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value and holding them for the long haul, allowing them to compound their earnings and shareholder returns.Analyst’s Disclosure: I/we have no stock, option or similar derivative posit ...