ESTC - Elastic N.V.
| Previous Close | 83.25 |
| Open | 82.94 |
| Bid | 80.00 x 900 |
| Ask | 87.75 x 800 |
| Day's Range | 79.34 - 83.31 |
| 52 Week Range | 58.55 - 104.10 |
| Volume | 1,342,796 |
| Avg. Volume | 1,268,107 |
| Market Cap | 6.085B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.86 |
| Earnings Date | Aug 28, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 103.33 |
- Business Wire
Elastic Acquires Perched, a Security Training and Consulting Company
Elastic N.V. (ESTC), the company behind Elasticsearch and the Elastic Stack, announced that it is joining forces with Perched, LLC (www.perched.io), a training and consulting company focused on security analytics, threat hunting and security operations. The acquisition will give Elastic's users training and consulting services for building advanced cybersecurity solutions using the Elastic Stack, including practitioner-level expertise for deploying, managing, and operating Elastic SIEM and Elastic’s proposed acquisition of Endgame. The transaction was completed in Elastic's fiscal Q2 2020 and is not expected to have a significant impact on Elastic’s operating results.
- Business Wire
Elastic to Present at the Citi 2019 Global Technology Conference
Elastic N.V. , the company behind Elasticsearch and the Elastic Stack, announced that Shay Banon, Elastic's founder and chief executive officer, will present as a speaker at the Citi 2019 Global Technology Conference in New York City, New York on Wednesday, September 4, 2019 at 7:15 a.m.
- Bloomberg
WeWork Analyst Warns IPO Filing a ‘Masterpiece of Obfuscation’
(Bloomberg) -- WeWork’s IPO prospectus lacks the information needed to create a financial model of the company, according to an analyst who specializes in new listings.The We Co., which is expected to raise about $3.5 billion in what would be 2019’s second-biggest initial public offering, must have put in a great effort to conceal the unit economics underlying the coworking space provider, said Triton Research Inc. Chief Executive Officer Rett Wallace.“The prospectus is a masterpiece of obfuscation,” he said in an interview. “If the underlying facts were positive, why would a company go to so much trouble to prevent you from understanding them?”Using what it calls an obfuscation index as one component of its ratings, Triton has built a strong track record predicting the winners and losers among technology IPOs. Since January 2018, listings that won an above-average score from Triton have risen about 92% from their offering prices, nearly triple the return of those scoring below average.IPOs with the highest Triton scores include standouts Elastic NV, Smartsheet Inc. and Anaplan Inc., while post-listing duds such as Sonos Inc., Dropbox Inc. and Lyft Inc. rank among the low scorers.Triton sees high levels of obfuscation in WeWork’s filing. For example, the company stops counting sales and marketing expenses at a given location once it’s been open for two years -- but the spending doesn’t actually stop after that. Instead, it counts as an operating expense, Triton said.A representative for New York-based WeWork declined to comment.Opening DatesWeWork’s filing doesn’t disclose the dates of when its locations opened or when the spending at a given location will switch into the operating expense bucket, according to Wallace. Like some government agencies, WeWork labels some compensation as investments.“When you make it impossible for people to have data-driven conviction, then everything is just sentiment,” Wallace said. “Sentiment can come and go, especially in a volatile tape like this.”Read more: WeWork IPO May Polarize Wall Street Into Warring Camps, MKM SaysThe lack of disclosure becomes even more apparent when contrasted with other IPO filings that are more direct, he added.“When companies fight you on understanding the basic proposition of the mousetrap, it’s always bad. People who have good mouse traps say, ‘This is the thing: You put the cheese in, the trap is designed to never break your thumb, and it catches mice nine times out of ten.’”Read more: WeWork IPO Shows It’s the Most Magical Unicorn: Shira OvideTo contact the reporter on this story: Drew Singer in New York at dsinger28@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Business Wire
Heya, APJ Elastic Search Awards Honorees of 2019 — We Salute You!
Companies honored for exceptional deployments of the Elastic Stack geared for unique, humanitarian, and business-transformation purposes. Elastic N.V. (ESTC), the company behind Elasticsearch and the Elastic Stack, announced the 2019 Elastic Search Awards honorees for the Asia Pacific and Japan (APJ) region. The APJ honorees are: GirlScript Foundation, InfoTrack, Pathfinder Labs, Sumitomo Mitsui DS Asset Management, The Warehouse Group, and Zero Latency VR.
- Business Wire
Elastic Launches Elasticsearch Service on AWS in London Region
Elastic N.V. (ESTC), the company behind Elasticsearch and the Elastic Stack, is excited to bring the official Elasticsearch Service to the London region on AWS. This will provide our growing set of customers in the United Kingdom and across Europe, the Middle East and Africa with the immediate ability to start a free trial and deploy our Elasticsearch Service on AWS in London with a few clicks, with features you can’t find anywhere else. The EU West 2 (London) region on AWS is Elastic’s 10th global AWS region for Elasticsearch Service, complementing the nine other regions supported globally on AWS and an additional four regions on GCP, two of which — Belgium and Frankfurt — are in Europe.
- Business Wire
Elastic to Announce First Quarter Fiscal 2020 Earnings Results on Wednesday, August 28, 2019
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced that it will release its financial results for its first quarter of fiscal 2020 ended July 31, 2019 after the U.S. market close on Wednesday, August 28, 2019. Elastic is a search company. As the creators of the Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash), Elastic builds self-managed and SaaS offerings that make data usable in real time and at scale for use cases like application search, site search, enterprise search, logging, APM, metrics, security, business analytics, and many more.
- InvestorPlace
5 More Cloud Stocks With Plenty of Potential
As we said before, cloud stocks are the stocks to buy these days. From accessing your photos on your phone to performing complex data analysis at work, hardly a day goes by that you aren't harnessing the power of the cloud. Cloud computing has taken both the enterprise and consumer world by storm. Plenty of money has been made by investors playing the trend.However, it isn't just the big boys like Adobe (NASDAQ:ADBE) or Microsoft (NASDAQ:MSFT) that are winning in the cloud. There are plenty of smaller cloud stocks as well.It's in those smaller cloud stocks where future gains can be had. Many of the smaller cloud stocks feature double-digit revenue growth and operate in some necessary niches. Moreover, the growth is showing no signs of slowing as many of the addressable markets for these smaller cloud players are massive. Adding in the buyout potential from larger software stocks and you have a recipe for long-term gains.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Safe Dividend Stocks for Investors to Buy Right Now When it comes to the cloud, think smaller is better. With that, here are five more cloud stocks to buy with wonderful potential. Cloud Stocks to Buy: Blackline Inc (BL)Cloud stocks work best when they tackle a boring segment of the business, remove redundancies and simplifying processes. Nothing could be more boring than accounting. And one of the most tedious and time-consuming processes in accounting continues to be the month-end close.That's where Software-as-a-Service (SaaS) firm BlackLine (NYSE:BL) comes in.Right now, most accounting departments collect data on a monthly or quarterly basis and then process it. Transactions are recorded, reconciliations are made, and the journal entries are posted. It creates this blitzkrieg of long hours and sleepless nights each month.BL's software is revolutionizing that arduous process. It collects data in real-time and then automatically processes it accordingly. This eliminates the workload and allows accountants to focus on bigger picture things.It's no wonder why BL's sales and customer numbers are surging. Last quarter alone, Blackline managed to score 106 new customers to reach a total of 2,813. Meanwhile, revenues jumped 26% year-over-year. And this isn't just a one-off thing. BL has had several quarters in a row of new customer and sales growth. Its process works and is helping the firm move quickly towards profitability.The best part is that the addressable market is huge. There are plenty of companies -- both big and small -- that will benefit from Blackline's software. Given the long-term potential, BL could be one of the best cloud stocks to buy for today and tomorrow. HubSpot (HUBS)These days, it can be hard for businesses and services to score new customers. Inbound marketing firm HubSpot (NASDAQ:HUBS) is making that process of acquiring new customers and keeping existing ones a breeze.HUBS offers a suite of cloud tools that allow businesses to connect with customers. This includes creating content, sending out emails, social media functions, blogs, marketing automation, and even SEO tools. Its sales and services hubs allow its users the ability to track future potential customers as well as take care of them once they are on board. And it turns out, HubSpot's platform is very good. More than 60,500 customers -- including names like Subaru and Doordash -- use it.The key for HUBS is its business model. The firm uses what's called a "freemium" model. This allows a business to use some features of HubSpot's platform gratis. However, extras and additional capabilities require a monthly subscription. The idea is that firms will like what they see and then stick around. And they do: HUBS features retention rates near 100%, while subscription revenues jumped more than 34% last quarter. Clearly, HubSpot's model is working and it should continue to work. * 7 Stocks Under $7 to Invest in Now The firm is profitable and features nearly $1 billion in cash on its balance sheet. This reduces the risk in shares. When it comes to cloud stocks, HUBS is providing a much-needed service to a growing client base and it's doing it right. Veeva Systems (VEEV)Given the numerous regulations that govern healthcare, cutting through the clutter can be very hard. It takes a deft hand to dot all the I's and cross all the T's. One misstep and the FDA won't approve a drug, or you'll end up getting sued by a patient.Because of this Veeva Systems (NASDAQ:VEEV) is quickly becoming a giant among the cloud stocks.VEEV produces various applications for the life sciences and biotech industry, drug producers, as well as hospitals. These solutions include everything from collecting trial data during drug development to customer management tools for pharmaceutical companies. From development to commercial processes, VEEV really does it all in healthcare.Because of the necessity of Veeva's products, the firm's customer list reads like a who's who of biotechs and big pharma. This includes top customers like Merck (NYSE:MRK) and Takeda, which use VEEV's products across a variety of lines. The best part is they pay some big bucks to do that.During its last reported quarter, total revenues jumped 25%, while key subscription revenues gained more than 27%. That's helped Veeva see its profits jump 62% year-over-year. What's nuts is that VEEV still has plenty of more opportunities to add additional customers and expand. Upselling and new products keep customers coming back for more. Veeva's future profit potential is very good indeed.For investors, VEEV is a prime example of how cloud stocks can successfully win in niches. Zuora Inc (ZUO)Source: Shutterstock You've probably noticed that you're paying a lot more in subscriptions these days rather than outright ownership. From music and software to even your morning coffee, we're shelling out plenty of monthly checks to run our lives. Heck, even most of the cloud stocks on this list run on a subscription model. From a business point of view, this reoccurring revenue provides plenty of stable cash flows to build upon.Helping other companies transition to this subscription economy is Zuora (NASDAQ:ZUO).ZUO provides SaaS applications that are designed get firms into the subscription mindset. This includes automating recurring billing, collections, quoting, and revenue recognition. Where Zuora differentiates itself is that its software is complimentary to Financial Accounting Standards Board rules. The problem is switching from standard invoicing to subscriptions is difficult when it comes to accounting practices and recognizing revenues over the life of a contract. The cloud stock's Zuora Billing and Zuora RevPro products allow this to happen with ease and provide real data-driven insight as to what's happening.Given that some analysts think even your dishwasher will be run via a subscription in future, ZUO has plenty of potential. It just might take a bit to get there. The stock has struggled recently as it recognizes its sales staff. However, the firm continues to see swift revenue growth from its operations. * 10 Stocks to Buy on the Trade War Dip This is one cloud stock to buy now for gains later. Elastic N.V. (ESTC)Source: Shutterstock Everyone would love to go back and buy Google (NASDAQ:GOOG, NASDAQ:GOOGL) stock when it first IPO'd. With the cloud, we finally have our chance. This is courtesy of Elastic N.V. (NASDQ:ESTC).ESTC is like Google in that it also operates a search engine. However, the firm doesn't comb the internet for terms, it looks through the billions of data points companies generate each day. The part that's exciting is that Elastic's various products highlight this data via search terms and presents it in an easy-to-read interface. ESTC uses standard API protocols to comb through a firm's data. This allows users to really take a look at all the various vendors it uses to pull exactly what they need when they need it.ESTC's search capabilities can be expanded into applications for consumers as well. Uber (NASDAQ:UBER) uses Elastic's capabilities to match drivers and riders, while dating app Tinder uses it for a similar function. But the potential is there for both enterprise and consumer-facing applications to dig deep into data for desired outcomes.And like the early days of GOOG, ESTC is growing like a weed -- with revenues increasing at a rate of approximately 70% annually. This has come from both existing customers expanding their relationships with the firm as well as plenty of new additions to its umbrella.For investors, the addressable market and end use for ESTC's products are huge and we're still in the early innings. Given Google's massive long-term runup, Elastic could be a very fruitful investment.At the time of writing, Aaron Levitt did not own a position in any of the stocks mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 5 More Cloud Stocks With Plenty of Potential appeared first on InvestorPlace.
- Motley Fool
Why Elastic Stock Jumped 32.4% in July
Despite some pullback in August, shares are up nearly 150% from the company's initial public offering in September.
- Business Wire
Elastic Enterprise Search Beta 2 Released: Now With Even Greater Connectivity and Extensibility
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is pleased to announce the second beta release of Elastic Enterprise Search. Elastic Enterprise Search brings one elegant search experience to all of your purpose-built or cloud-based workplace tools. The first beta release of Enterprise Search introduced core features: rich, organization-wide search that understands your natural language, an introductory set of application connectors, and flexible group management.
- GuruFocus.com
Elastic Nv (ESTC) CEO and Chairman Shay Banon Sold $22.4 million of Shares
CEO and Chairman of Elastic Nv (30-Year Financial, Insider Trades) Shay Banon (insider trades) sold 226,304 shares of ESTC on 08/01/2019 at an average price of $98.85 a share. Continue reading...
- Business Wire
Elastic Maps is Now Generally Available
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is excited to announce that Elastic Maps is now generally available and ready to take your geospatial analysis to the next layer. Launched in beta in version 6.7, Elastic Maps is a powerful Kibana application that opens up new ways to visually explore your location data available in Elasticsearch. Elastic Maps is included in the free, default distribution of the Elastic Stack, and users can experience it by either spinning up a cluster in Elasticsearch Service on Elastic Cloud or downloading the Elastic Stack.
- Business Wire
Elastic Stack 7.3.0 Released
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is thrilled to announce that version 7.3 of the Elastic Stack has arrived, and it’s another good one. If you just can’t wait, version 7.3 is available right now on our Elasticsearch Service — the only hosted Elasticsearch offering to include these new features. Or you can download the Elastic Stack.
- Business Wire
Elasticsearch Service Is Now Available on Google Cloud Platform (GCP) in Japan
Elastic N.V. (ESTC), the company behind Elasticsearch and the Elastic Stack, is excited to share the news that Elasticsearch Service on Elastic Cloud’s fifth GCP region, Asia Pacific (Tokyo), is now open! Tokyo is our first GCP region in Asia Pacific, complementing the four other GCP regions that Elastic offers globally. “Google Cloud Platform (GCP) has a growing presence in Japan and we’re excited to partner with Google.
- Business Wire
Elastic Cloud Enterprise 2.3 is Now Available: Featuring Role-Based Access Control
Elastic N.V. , the company behind Elasticsearch and the Elastic Stack, is happy to announce that Elastic Cloud Enterprise version 2.3 is now available, bringing one of the most anticipated features, role-based access control , into general availability.
- MoneyShow
Elastic- This Company Pulls in Profits
2019 has so far been the year of the big-name IPO, with Uber, Lyft, Pinterest, Slack, and Beyond Meat all making plenty of headlines, observes Mike Cintolo, editor of Cabot Growth Investor.
- GuruFocus.com
Elastic NV (ESTC) Files 10-K for the Fiscal Year Ended on April 30, 2019
Elastic NV (NYSE:ESTC) files its latest 10-K with SEC for the fiscal year ended on April 30, 2019. Elastic NV has a market cap of $5.5 billion;
- Simply Wall St.
Is Elastic N.V.'s (NYSE:ESTC) Liquidity Good Enough?
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Elastic N.V...
- Simply Wall St.
Is Elastic N.V. (NYSE:ESTC) A Financially Strong Company?
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Elastic...
- Business Wire
Elastic Expands Observability Use Cases With APM .NET Agent and More
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is excited to share with you our unbounded enthusiasm for improving tools available to operators keeping applications and services available, healthy, and fast. Whether or not you refer to this goal as “observability,” read on! Elastic APM adds support for .NET, with the beta release of the highly requested .NET Agent.
- Business Wire
Elastic Makes App Search Available as a Self-Managed Download
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is very excited to announce that Elastic App Search is now generally available as a downloadable, self-managed search solution. Empowered with valuable feedback from the community over the last few months’ beta program, the team has worked hard to bring the simplicity and power of the Elastic App Search Service to any infrastructure. It’s now available to download and deploy at scale, alongside the default distribution of Elastic Stack 7.2 (or later), anywhere.
- Business Wire
Introducing Elastic SIEM
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is excited to announce the arrival of Elastic SIEM — the first big step in building our vision of what a SIEM should be. The launch of Elastic SIEM builds on the momentum and success that the Elastic Stack already enjoys in the security analytics market. The initial launch of Elastic SIEM introduces a new set of data integrations for security use cases, and a new dedicated app in Kibana that lets security practitioners investigate and triage common host and network security workflows in a more streamlined way.
- Business Wire
Introducing Elastic SIEM, App Search On-Prem Goes GA, Innovations in Observability and Much More
Elastic N.V. (ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, is thrilled to announce that version 7.2 of the Elastic Stack has landed, and it’s another big one! If you just can’t wait, version 7.2 is available now on our Elasticsearch Service — the only hosted Elasticsearch offering to include these new features. Over the last few years, we’ve seen many security practitioners turn to the Elastic Stack to protect their companies because it provided the speed and scalability that they needed for security analytics, threat hunting, and SIEM.
- Insider Monkey
Is Elastic N.V. (ESTC) A Good Stock To Buy?
How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
