Elastic NV
ESTC · NYSE · Technology
$91.28
+$1.60 (+1.75%) today
Market Cap
$9.58B
24h Volume
$138.8M
P/E Ratio
26.1
52w High
$99.91
52w Low
$43.30
Est. AI Revenue
18%
7-Day Sparkline (Static)
Company facts
Performance
About Elastic NV
Elastic sells search and observability software built around Elasticsearch, its widely used search engine. Developers and enterprises pay subscriptions to run search, logging, and security workloads, either self-managed or on Elastic's cloud service.
AI has opened a new front for the company. Elasticsearch vector search stores and retrieves the embeddings that AI applications depend on, ESRE AI packages relevance tools for AI-powered search, the Elastic AI Assistant helps users work with their data, and its platform underpins retrieval-augmented generation pipelines that ground AI models in real data.
Founded in 2012 and headquartered in San Francisco, Elastic trades on the NYSE and employs roughly 4,000 people.
Elastic NV in the AI buildout
Elastic spans the AI Software & Platforms and Cloud & Hyperscalers layers of the buildout. Its vector search sits in the data path of many AI applications, powering retrieval-augmented generation for developers who need models grounded in their own content. Generative AI search workloads are a real growth driver, though most revenue still comes from core search, logging, and security. Supercycle scores its AI exposure at 40 out of 100.
ESTC is tracked in AI Software & Platforms and Cloud & Hyperscalers, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
ESTC trades at $91.28, 85% of the way up its 52-week range of $43.30 to $99.91.
Market cap
Market capitalization is $9.58B, with an AI Exposure Score of 40 out of 100.
Valuation vs peers
Its P/E ratio of 26.1 is in line with the AI Software & Platforms category median of 26.1.
Next earnings
Elastic NV is next expected to report earnings on November 19, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Elastic do?
Elastic sells search and observability software built on Elasticsearch. Developers and enterprises subscribe to run search, logging, and security workloads on its platform, self-managed or in its cloud.
How is Elastic exposed to AI?
Its vector search powers retrieval-augmented generation and AI-driven applications, making generative AI workloads a real growth driver. Most revenue remains core search and logging, so Supercycle scores it 40 out of 100.
What are Elastic's main AI products?
Elasticsearch vector search for storing and retrieving embeddings, ESRE AI for relevance in AI search, the Elastic AI Assistant, and platform support for RAG pipelines.
What is RAG and why does it matter for ESTC?
Retrieval-augmented generation, or RAG, grounds AI model answers in real data retrieved at question time. Elastic's vector search is a common engine for that retrieval step, putting it in the AI data path.
Where is Elastic based and who leads it?
Elastic is headquartered in San Francisco, California, and is led by CEO Ash Kulkarni. Founded in 2012, it employs roughly 4,000 people and trades on the NYSE.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.