Elastic N.v. Stock

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/ Tradegate WKN: A2N5RS / Name: Elastic N.v. / Stock / ? /

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Elastic N.v. Stock

Elastic N.v. gained 1.640% today.

The community is currently still undecided about Elastic N.v. with 1 Buy predictions and 0 Sell predictions.

With a target price of 134 € there is a hugely positive potential of 75.03% for Elastic N.v. compared to the current price of 76.56 €.

Our community identified positive and negative aspects for Elastic N.v. stock for the coming years. 1 users see the criterium "Revenue growth" as a plus for the Elastic N.v. stock. On the other hand our users think that "Expected dividend yield" could be a problem in the future.

Elastic N.V. is a software company that offers an open source search and analytics engine used for a range of applications, from cybersecurity to enterprise search to logging. The company sells and distributes its software under various subscription models, and its products are used by over 6,000 organizations worldwide, including several Fortune 100 companies. Elastic N.V. went public on the New York Stock Exchange in 2018, and is headquartered in Mountain View, California.

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Pros and Cons of Elastic N.v. in the next few years

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Last updated at 2024-08-01

When evaluating the financials of Elastic N.V., a company characterized by its innovative approach in the software industry, a mixed impression emerges. The financial statements reveal a company that exhibits significant growth potential but also faces considerable challenges. Despite a robust top-line revenue, various indicators suggest that Elastic has struggled with profitability, cash flow management, and accumulating debt levels. Exploring the intricacies of their balance sheets, cash flow statements, and income statements will provide a more comprehensive perspective on the company's overall financial health.

Revenue Growth: Elastic N.V. has shown an impressive Total Revenue of approximately $1.27 billion in 2024, marking a noteworthy increase from $862 million in 2022. This growth highlights the company's ability to scale and attract customers, particularly in an industry that increasingly leans on data-driven solutions. Achieving a year-over-year Quarterly Revenue Growth of over 19% points to strong customer demand and effective sales strategies.

Market Capitalization: With a market capitalization of approximately $11.16 billion, Elastic N.V. stands as a formidable player in its industry. Such a robust market presence can potentially attract more investors and partnerships as it establishes itself further.

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