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Elastic N.V. - ESTC STOCK NEWS

Welcome to our dedicated page for Elastic N.V. news (Ticker: ESTC), a resource for investors and traders seeking the latest updates and insights on Elastic N.V. stock.

Company Overview

Elastic N.V. is a pioneering software company that specializes in transforming both structured and unstructured data into real-time, actionable insights. With its comprehensive suite of tools tailored for search, logging, security, and analytics, Elastic has established itself as a critical provider in the realm of enterprise software solutions. The company leverages a unique fusion of open source innovation and enterprise-grade developments to offer high-performance applications that serve a diverse set of industries.

Products and Technologies

At its core, Elastic offers a robust ecosystem built around its renowned software stack. Integral to its offerings are:

  • Enterprise Search Solutions: Software that enables rapid indexing and retrieval of data from multiple sources.
  • Observability and Logging Tools: Platforms designed for the collection, analysis, and visualization of log data, supporting operational monitoring and troubleshooting.
  • Security Analytics: Applications focused on detecting, analyzing, and responding to security incidents by harnessing real-time data analysis.
  • Cloud Services: Elastic Cloud solutions offer scalable, managed deployments that combine the flexibility of open source with the dependability of enterprise support.

Market Position and Competitive Landscape

Elastic occupies a well-defined niche where it addresses the growing need for efficient data processing and search capabilities in modern digital enterprises. The company operates in an industry characterized by significant competition, where its open source roots provide a strong community and a vast repository of innovative contributions. This approach not only fosters continuous improvement but also facilitates widespread integration across various sectors. Elastic collaborates with numerous global organizations, which underscores its capacity to support mission-critical systems and deliver substantial cost savings and revenue-enhancing opportunities.

Business Model and Revenue Generation

The company derives its revenue through a hybrid model that includes both subscription-based services and licensing agreements. A key element of its strategy involves the monetization of advanced software features that augment its open source offerings. Through both on-premises installations and managed cloud solutions, Elastic delivers flexible deployments that cater to the unique demands of varied enterprise environments. This multi-channel approach enables the company to serve small-medium businesses and large multinational corporations alike, ensuring adaptability and responsive support across different operational scales.

Innovation Through Open Source and Community Engagement

Elastic is renowned for its open source heritage, which continues to play a vital role in its innovation strategy. The company actively fosters a global community of developers, users, and contributors who collaborate on a vibrant ecosystem of tools and technologies. This community-driven model not only enhances the company’s product features but also ensures that the software remains at the cutting edge of industry trends. By inviting continuous feedback and contributions, Elastic reinforces trust and bolsters its reputation for technical expertise.

Operational Excellence and Technical Expertise

Elastic's solutions are built upon advanced data indexing, search, and analytics algorithms that support both real-time operations and long-term data analysis. With a focus on performance, scalability, and reliability, Elastic addresses the complex demands of enterprise environments. Its technical foundation is designed to process vast volumes of data at high speed, a feature that is critical for organizations seeking to derive strategic insights from ever-growing and diverse data sources.

Customer Base and Global Impact

Elastic’s software solutions are utilized across a broad spectrum of industries, including technology, finance, healthcare, and retail. The adaptability of its software ensures that organizations of varying sizes—from innovative startups to established global enterprises—can derive significant operational benefits. In addition to powering mission-critical systems, Elastic’s solutions help organizations streamline operations, improve security postures, and uncover hidden value in their data. This global impact is further reinforced by the company’s expansive community and its commitment to fostering innovation through open dialogue and collaboration.

Integration and Interoperability

One of the standout features of Elastic’s technology is its ability to seamlessly integrate with a wide range of existing systems and data sources. Whether deployed as an on-premises solution or via the cloud, Elastic’s software is engineered for interoperability, supporting diverse data formats and protocols. This flexibility enables organizations to implement comprehensive data strategies without the friction of disparate systems or legacy technologies. The company’s approach ensures that its products remain relevant and easily adaptable in complex, multi-vendor IT environments.

Summary

In summary, Elastic N.V. is a sophisticated provider of enterprise software solutions that transform how organizations interact with data. With an emphasis on real-time search, logging, security, and analytics, its versatile product suite is designed to leverage the full spectrum of data capabilities in modern enterprise settings. By combining elements of open source innovation, community engagement, and robust technical expertise, Elastic continues to empower organizations worldwide to achieve operational excellence and drive actionable insights from complex data environments.

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Elastic N.V. has reached a settlement with floragunn and Amazon regarding the use of Elastic's source code in Search Guard. floragunn admits to copyright violations, while Amazon had previously included the disputed code in its Elasticsearch-based products. Following the lawsuit, Amazon removed the contested code from its offerings. This agreement effectively resolves any claims from Elastic concerning third-party use of the infringing code, ensuring compliance and protecting Elastic's intellectual property rights.

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Elastic (NYSE: ESTC) will host its Financial Analyst Day on September 19, 2022, at 1:00 p.m. PT in San Francisco. The event will feature key management discussions on the company's product vision, market opportunity, go-to-market strategy, and financial model. A live webcast will be available on Elastic’s Investor Relations page.

As a leader in search-powered solutions, Elastic enhances customer experiences and security across various platforms.

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Elastic (NYSE: ESTC), known for Elasticsearch and the Elastic Stack, announced its management will participate in two upcoming investor conferences. The first is the Citi 2022 Global Technology Conference on September 8, 2022, at 8:15 a.m. PT, followed by the Goldman Sachs Communacopia + Technology Conference on September 13, 2022, at 11:30 a.m. PT. A live webcast and replay will be accessible on Elastic’s Investor Relations page.

Elastic specializes in search-powered solutions for enterprise search, observability, and security, enabling organizations to enhance their performance and safeguard against cyber threats.

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Elastic (NYSE: ESTC) appointed Ken Exner as Chief Product Officer effective August 29, 2022. With over 30 years of experience, Exner previously led product and engineering teams at Amazon Web Services for 16 years. He will oversee engineering, product management, and design, focusing on enhancing Elastic's Enterprise Search, Observability, and Security solutions. CEO Ash Kulkarni expressed confidence in Exner's ability to drive the company's cloud-first business strategy and strengthen partnerships.

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Elastic (NYSE: ESTC) reported strong Q1 fiscal 2023 results, with revenues of $250.1 million, marking a 30% year-over-year increase (34% at constant currency). Elastic Cloud revenue surged 59% year-over-year to $97.7 million, representing 39% of total revenue. Despite a GAAP operating loss of $60.6 million and a net loss per share of $0.74, the company holds $848.8 million in cash. The outlook remains optimistic, with Q2 revenue guidance between $260 million and $262 million, indicating a 27% year-over-year growth at midpoint.

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Elastic (NYSE: ESTC) will announce its financial results for the first quarter of fiscal 2023, which ended on July 31, 2022, after U.S. market close on August 25, 2022. A conference call to discuss these results and the company's business outlook will take place at 2:00 p.m. PT / 5:00 p.m. ET. Investors can access the live webcast on the Elastic investor relations website, with a replay available for two months. Elastic is recognized for its search-powered solutions across Enterprise Search, Observability, and Security.

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Elastic (NYSE: ESTC) highlights findings from a Wakefield Research study revealing the crucial role personalization plays in ecommerce. With 88% of online shoppers more likely to continue shopping on sites offering personalized experiences, the study shows that relevant product recommendations significantly enhance customer loyalty. Furthermore, 95% of shoppers indicate they are changing spending habits due to rising prices but still prioritize finding the right products over cost. Elastic's Enterprise Search solutions empower retailers to tailor the shopping experience, ultimately driving sales and customer satisfaction.

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Elastic (NYSE: ESTC) commissioned a study revealing that 8 out of 10 data leaders see search-powered technology as essential for successful digital transformation. Key findings include that 84% believe these technologies boost digital initiatives, and 83% agree that an integrated search platform can reduce costs. Additionally, 85% want to enhance information retrieval across multiple data environments. As organizations prioritize comprehensive, cloud-based solutions, the demand for integrated platforms that streamline operations and improve cybersecurity continues to rise.

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Elastic (NYSE: ESTC) has announced enhancements to its cross-cluster search and replication capabilities, facilitating seamless data management across on-premises and cloud environments. These updates allow users to search data across multiple Elasticsearch clusters, improving operational efficiency and minimizing risks during gradual migration to the cloud. Key features include a unified user interface and enhanced disaster recovery options, enabling businesses to maintain compliance and performance. The enhancements aim to support over 18,000 customers, including many industry leaders.

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FAQ

What is the current stock price of Elastic N.V. (ESTC)?

The current stock price of Elastic N.V. (ESTC) is $91.34 as of April 1, 2025.

What is the market cap of Elastic N.V. (ESTC)?

The market cap of Elastic N.V. (ESTC) is approximately 9.5B.

What is Elastic's core business?

Elastic specializes in converting both structured and unstructured data into actionable insights with real-time search, logging, security and analytics solutions. Their technology empowers enterprises to efficiently manage and analyze vast amounts of data.

How does Elastic generate revenue?

Elastic generates revenue primarily through subscription-based models and licensing agreements. Their hybrid approach includes both self-managed and cloud-delivered services designed for a variety of enterprise needs.

What distinguishes Elastic's product offerings?

Elastic distinguishes itself through its comprehensive suite of tools that span search, logging, security, and analytics. Its open source heritage encourages community collaboration, rapid innovation, and robust enterprise-grade solutions.

How does Elastic handle both structured and unstructured data?

Elastic’s software is engineered to process multiple data types, integrating advanced indexing and real-time analysis. This capability enables organizations to derive actionable insights from diverse data sources.

What competitive advantages does Elastic have in its market segment?

Elastic's integration of open source innovation with proprietary enhancements offers flexibility, scalability, and robust performance. Its established community and extensive product ecosystem also provide significant advantages in meeting varied enterprise requirements.

How does Elastic's open source heritage influence its ecosystem?

The company’s foundation in open source technology fosters a dynamic community of developers and users who contribute to continuous improvement. This collaborative model drives innovation and enhances product reliability and feature richness.

What types of organizations typically use Elastic solutions?

Organizations across multiple industries—including technology, finance, healthcare, and retail—utilize Elastic's solutions. The flexibility and scalability of their products make them suitable for both small businesses and large multinational enterprises.

How does Elastic address enterprise search and security challenges?

Elastic combines high-performance search algorithms with advanced security analytics to support mission-critical systems. This integration allows organizations to efficiently manage large data volumes while maintaining robust security and compliance standards.
Elastic N.V.

NYSE:ESTC

ESTC Rankings

ESTC Stock Data

9.54B
90.50M
13.11%
90.41%
2.59%
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