Elastic (NYSE:ESTC – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.460-0.480 for the period, compared to the consensus EPS 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 NYSE ESTC opened at $115.94 on Friday. The company has a market capitalization of $11.91 billion, a price-to-earnings ratio of 210.80 and a beta of 0.94. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.91 and a quick ratio of 1.91. The business has a 50-day moving average of $80.71 and a two-hundred day moving average of $97.05. Elastic has a 1 year low of $69.00 and a 1 year high of $136.06.
Elastic (NYSE:ESTC – Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.10. The company had revenue of $347.42 million during 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%. Elastic’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the business earned ($0.35) EPS. On average, analysts forecast that Elastic will post -0.92 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Report on ESTC
Insider Transactions at Elastic
In other Elastic news, insider Carolyn Herzog sold 4,489 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $70.25, for a total value of $315,352.25. Following the transaction, the insider now owns 102,959 shares of the company’s stock, valued at $7,232,869.75. This trade represents a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Paul R. Auvil III bought 20,000 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was acquired at an average cost of $74.25 per share, for a total transaction of $1,485,000.00. Following the acquisition, the director now directly owns 22,627 shares of the company’s stock, valued at $1,680,054.75. The trade was a 761.32 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 37,406 shares of company stock worth $2,627,772 in the last ninety days. 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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