Archived explainer. For the current picture see today's ESTC page.
ELASTIC N V (ESTC) is up +11.50% in the latest session. Our newswire has captured 1 story on ESTC across 1 source in the last 36 hours, with AI sentiment reading mixed (avg 50/100).
Elastic N V (ESTC) shares surged 11.50% to $86.03 in early trading on Monday driven by the company's announcement that it will release first quarter fiscal 2027 earnings results on August 27, 2026. The conference call scheduled for 2 p.m. PT will review the results and business outlook and will be streamed online with a replay available for two months. The move follows a recent divergence in analyst sentiment and a strategic partnership with OpenAI.
Elastic announced the date for its Q1 2027 earnings release, a key event that often influences investor sentiment and stock price movement. The company will host a conference call to discuss the results and business outlook, which will be accessible via a live stream and archived replay. This transparency may have reassured investors ahead of the report. In the broader context, Elastic recently partnered with OpenAI to develop AI applications using OpenAI models. This collaboration could signal a strategic pivot toward AI-driven solutions and has been highlighted as a potential growth catalyst. Meanwhile, analysts have issued mixed ratings in recent weeks, with Oppenheimer maintaining an Outperform rating and raising its price target to $100, while Morgan Stanley downgraded the stock to Equal-Weight with a $66 price target.
Elastic's stock is trading at a price-to-earnings ratio of 21.9, with trailing twelve-month revenue growth of 17.3% and a net margin of 21.1%. The stock has a beta of 0.97, slightly less volatile than the broader market. Over the past 52 weeks, it has traded between $42.05 and $96.06. Recent insider transactions show three executives, Jane E Bone, Shay Banon, and Mark Eugene Dodds, selling shares on June 9, 2026. Insider filings in the last 90 days include seven sales totaling $6.7 million, with no buys recorded. Congressional trades show Donald J. Trump buying and selling small amounts of stock in the first half of 2026.
Investors should focus on Elastic's Q1 2027 earnings report on August 27, 2026. The conference call will provide insight into the company's performance and strategic direction, which could influence analyst ratings and investor confidence.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
The conference call starts at 2 p.m. PT to review results and the business outlook; Elastic will stream it online, with a replay for two months.
More on ESTC: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier ESTC move explainers: 2026-08-14