---
title: "ESTC Elastic NV"
canonical: "https://supercyclehq.com/stock/elastic"
type: "stock"
dataAsOf: "2026-11-06"
ticker: "ESTC"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Elastic NV (ESTC)

Elastic sells search and observability software built around Elasticsearch, its widely used search engine.

## AI Exposure Score

**40/100, Growing.** Sells search and observability software, with Elasticsearch vector search powering RAG and AI-driven applications for developers. GenAI search workloads are a real growth driver, though most revenue remains core search, logging, and security.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $86.08 |
| Change 1d | +2.23% |
| Change 7d | -11.51% |
| Change 30d | -9.64% |
| Change 1y | -4.38% |
| 52-week high | $106.58 |
| 52-week low | $43.30 |
| Market cap | $9.0B |
| P/E | 24.59 |
| EPS | $3.50 |
| Next earnings | 2026-11-19 |

Quote as of 2026-11-06.

## Company

| Field | Value |
| --- | --- |
| Exchange | NYSE |
| Sector | Technology |
| Headquarters | San Francisco, California |
| CEO | Ashutosh Kulkarni |
| Employees | 3,834 |
| Website | https://www.elastic.co |
| Buildout layers | [AI Software & Platforms](https://supercyclehq.com/category/ai-software), [Cloud & Hyperscalers](https://supercyclehq.com/category/cloud-infrastructure) |

## What the company does

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.

## Role 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.

## Recent news

- [Elastic to Announce Second Quarter Fiscal 2027 Earnings Results on Thursday, November 19, 2026](https://finance.yahoo.com/markets/stocks/articles/elastic-announce-second-quarter-fiscal-211500268.html?.tsrc=rss) (source, 2026-11-05)
- [Elastic’s Threat Report Reveals Attackers Are Turning Trusted AI and IT Tools Against the Enterprises That Deploy Them](https://finance.yahoo.com/technology/ai/articles/elastic-threat-report-reveals-attackers-140000286.html?.tsrc=rss) (source, 2026-11-04)
- [Elastic (ESTC) Stock May Be 31% Below Fair Value As Partnership News Lands](https://finance.yahoo.com/markets/stocks/articles/elastic-estc-stock-may-31-221613901.html?.tsrc=rss) (source, 2026-10-26)
- [Elastic Announces Multi-Year Partnership with Audi Revolut F1® Team, Expanding Search and Observability Collaboration](https://finance.yahoo.com/technology/articles/elastic-announces-multi-partnership-audi-200900473.html?.tsrc=rss) (source, 2026-10-22)
- [1 Software Stock to Consider Right Now and 2 That Underwhelm](https://finance.yahoo.com/markets/stocks/articles/1-software-stock-consider-now-101847893.html?.tsrc=rss) (source, 2026-10-14)

## FAQ

### 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.

---

Source: https://supercyclehq.com/stock/elastic. Data as of 2026-11-06. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.
