Unveiling Elastic (ESTC) Q4 Outlook: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Elastic (ESTC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2025.
Elastic: Rating Upgrade On AI/Cloud Momentum And Better Leading Growth Metrics
I am upgrading Elastic (ESTC) to a buy rating due to signs of growth acceleration and attractive valuation at 4.2x forward revenue. ESTC's AI and cloud strategies are gaining momentum, with significant customer adoption and positive forward booking metrics indicating future growth. Cloud revenue growth has shown signs of recovery, with a 40bps sequential acceleration in 3Q25, suggesting the GTM transition is largely over.
Elastic: Consistent Performance At A Fantastic Price
Elastic is a great "buy the dip" stock that offers great growth at a very reasonable price. Elastic's valuation is incredibly appealing at 5.2x EV/FY26 revenue, lower than peers like Salesforce and ServiceNow, despite consistent growth and strong performance. What distinguishes Elastic versus many of its software peers is that its growth rates and net revenue retention trends have barely decelerated.
Tech Sell-Off: 1 Spectacular Artificial Intelligence (AI) Stock Down 46% You Might Wish You Had Bought on the Dip
The stock market has been in the middle of a sell-off, and the technology industry is bearing the brunt of the downside. At the time of this writing, the tech-heavy Nasdaq Composite was down 11% from its all-time high, whereas the more diversified S&P 500 index has declined by 7%.
Elastic's Cloud Revenue Jumps 26%
Elastic (ESTC 14.41%) is a provider in search AI technology, offering solutions for search, observability, and security. On Feb. 27, 2025, it released its third-quarter earnings for fiscal 2025, showcasing standout results that surpassed both internal and analyst forecasts.
Elastic Q3 Earnings: Why Investors Are Buying Into The AI Growth Story
Elastic's strong fiscal report and 15% stock jump highlight its growth potential, driven by AI and improved profitability, making it an attractive investment at 41x forward free cash flow. Elastic's core offering, Elasticsearch, consolidates IT needs, enhancing efficiency and cost savings, while competing in crowded observability and cybersecurity markets. With a 16%+ revenue growth outlook for fiscal 2026 and a strong balance sheet, Elastic is well-positioned for continued growth despite tough competition.
Elastic N.V. (ESTC) Q3 2025 Earnings Call Transcript
Elastic N.V. (NYSE:ESTC ) Q3 2025 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Anthony Luscri - Vice President, Investor Relations Ashutosh Kulkarni - Chief Executive Officer Eric Prengel - Interim Chief Financial Officer and Group Vice President of Finance Conference Call Participants Pinjalim Bora - JPMorgan Raimo Lenschow - Barclays Sanjit Singh - Morgan Stanley Matt Hedberg - RBC Capital Markets Rob Owens - Piper Sandler Howard Ma - Guggenheim Securities Koji Ikeda - Bank of America Michael Cikos - Needham and Company Kash Rangan - Goldman Sachs Andrew Nowinski - Wells Fargo Jake Roberge - William Blair Andrew Sherman - TD Cowen Shrenik Kothari - Robert Baird Joel Fishbein - Truist Securities Operator Good day, and welcome to the Elastic Third Quarter Fiscal 2025 Earnings Results Call.
Elastic (ESTC) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Elastic (ESTC) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Elastic (ESTC) Q3 Earnings and Revenues Beat Estimates
Elastic (ESTC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.36 per share a year ago.
Elastic (ESTC) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Beyond analysts' top -and-bottom-line estimates for Elastic (ESTC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
Elastic (ESTC) Surges 11.8%: Is This an Indication of Further Gains?
Elastic (ESTC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Elastic: Great Buying Opportunity After A Year Of Consolidation (Rating Upgrade)
Elastic's stock has been volatile, dropping from $136 to $70 in 2024, but now presents a compelling buy opportunity after a year of consolidation. Previous Hold rating was due to elevated valuation, increased competition, and slowing growth; these concerns have now diminished. Recent quarterly results show strength, with a more appealing valuation, a promising new business model, and strong financials.
