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45 / 100
AltIndex AI Score
Hold
AI Score · 12-mo trend
+15 pts over 3 months20% of ESTC’s tracked signals bullish
FundamentalsBearish
TechnicalsBullish
Alternative dataNeutral
SentimentNeutral
Price$93.84
Year Range$43.3 – $99.91
Market Cap$9.96B
PE Ratio27.12
IndustryApplication Software

What Is Elastic’s AI Stock Analysis?

Elastic’s AI stock analysis on AltIndex combines the company’s fundamentals, price technicals and 25+ alternative data signals — like hiring, web traffic, app downloads and online sentiment — into a single AI Score from 0 to 100 and a plain-English Buy, Hold or Sell read. Unlike a traditional analyst rating that updates a few times a year, the AI Score refreshes as new data arrives, so it tracks Elastic’s momentum in near-real time.

Elastic (ESTC) has an AltIndex AI Score of 45/100, currently a Hold signal. The AI Score distills Elastic's fundamentals, price technicals and 25+ alternative data signals into a single 0–100 rating, so a rising score reflects strengthening data across the board and a falling score the opposite.

Elastic’s Full AI Analysis

Elastic N.V. is a company known for its development of open-source technology for search, logging, security, and analytics applications. Renowned primarily for its Elasticsearch suite, the company offers powerful search and data insights tools that are used by organizations across various sectors such as technology, healthcare, finance, and retail. As digital transformation remains a strong trend, Elastic is well-positioned to cater to the demands for data analytics and real-time search solutions.

Fundamental Analysis

The current Price-to-Earnings (P/E) ratio for Elastic stands at 26.2. While some investors might view this high valuation as an indicator of investor optimism about the company’s future growth, it may also point to a potential overvaluation, evoking a somewhat bearish outlook. Additionally, insider trading activities reveal that several insiders have sold their stocks in recent months, which may indicate a lack of confidence in the near-term stock performance and can be perceived as a bearish signal by investors.

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What’s Driving ESTC’s AI Score?

Fundamentals

The current P/E ratio is 27.12. This may be considered high, potentially indicating overvaluation and a bearish outlook. In the last couple of months, there's been a couple of company insiders selling their stock, a potentially bearish signal.

See Elastic’s earnings and insider transactions.

Technicals

Today's stock price is $93.52. This is an increase of 1.86% compared to a month ago, indicating a positive short-term trend. Compared to a year ago, there is an increase of 12.40%, suggesting a positive long-term trend. The trend is bullish. The current SMA10 is $92.56, which is higher than the previous SMA10 of $92.02. This indicates a potential upward trend in price movement. The RSI is 57.2, indicating a neutral condition.

See the full technical analysis and price prediction.

Alternative data

Elastic has an estimated 536 open positions. This number is up by 172% in the last couple of months, indicating a company that looking to grow and expand. Potentially a healthy sign. The business outlook among employees at Elastic is low (an estimate of only 44% of employees have a positive outlook), a concerning sign. Elastic has an estimate of 1.3M visitors to their webpage, with no meaningful increase or decrese in the last couple of months.

Explore Elastic’s job postings, web traffic and app downloads.

Sentiment & social

Elastic has 66,000 followers on their Twitter page, with no meaningful increase or decrese in the last couple of months.

Track Elastic’s market sentiment.

Frequently Asked Questions: Elastic AI Stock Analysis

Elastic's AltIndex AI Score is 45/100, currently a Hold signal. The AI Score blends fundamentals, technicals and 25+ alternative data signals into a single rating from 0 to 100.

AltIndex's AI Score model rates Elastic a Hold (45/100). This is a data-driven signal, not investment advice — review the breakdown above and combine it with your own research.

The AI Score is generated from fundamental data (earnings, valuation), technical indicators (price trend and momentum), and alternative data signals such as hiring, web traffic, app downloads and sentiment. AltIndex weighs these into a single 0-100 score; the exact weighting is proprietary.

AltIndex generates a complete written AI analysis of Elastic — company overview, fundamentals, technicals and alternative data, with a recommendation. See the ESTC AI Score or sign up to read the full thesis.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.