Elastic N.V. ($ESTC) reported first-quarter fiscal 2027 revenue of $478.1 million, up 15.1% from a year ago and just below Wall Street’s estimate of about $479.1 million. Gross profit rose to $356.2 million, reflecting continued top-line growth for the search and AI software company.
Profitability remained mixed, with operating loss narrowing to $23.6 million, but net loss attributable to common shareholders came in at $16.7 million. Diluted loss per share was $0.16. Cash from operating activities increased to $132.0 million, underscoring solid cash generation despite the ongoing bottom-line loss.
The balance sheet showed a stronger cash position, with cash and cash equivalents rising to $881.8 million. Total liabilities were $1.7 billion. Shares climbed 26.24% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Elastic N.V. Insider Trading Activity
Elastic N.V. insiders have traded $ESTC stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $ESTC stock by insiders over the last 6 months:
- ASHUTOSH KULKARNI (Chief Executive Officer) has made 0 purchases and 2 sales selling 58,129 shares for an estimated $3,375,291.
- KEN EXNER (Chief Product Officer) has made 0 purchases and 2 sales selling 22,759 shares for an estimated $1,343,520.
- MARK EUGENE DODDS (Chief Revenue Officer) has made 0 purchases and 2 sales selling 22,162 shares for an estimated $1,312,226.
- NAVAM WELIHINDA (Chief Financial Officer) has made 0 purchases and 2 sales selling 16,201 shares for an estimated $954,953.
- SHAY BANON (Chief Technology Officer) has made 0 purchases and 2 sales selling 13,571 shares for an estimated $786,860.
- CAROLYN HERZOG (Chief Legal Officer) has made 0 purchases and 2 sales selling 13,474 shares for an estimated $783,430.
- JANE E BONE (GVP & CAO) has made 0 purchases and 2 sales selling 1,991 shares for an estimated $113,285.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Elastic N.V. Hedge Fund Activity
We have seen 199 institutional investors add shares of Elastic N.V. stock to their portfolio, and 289 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 2,797,589 shares (+140.6%) to their portfolio in Q2 2026, for an estimated $159,518,524
- FREESTONE GROVE PARTNERS LP removed 2,053,233 shares (-90.7%) from their portfolio in Q2 2026, for an estimated $117,075,345
- TIGER GLOBAL MANAGEMENT LLC removed 1,690,700 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $96,403,714
- AQR CAPITAL MANAGEMENT LLC removed 1,474,422 shares (-19.5%) from their portfolio in Q2 2026, for an estimated $84,071,542
- SOMA EQUITY PARTNERS LP removed 1,386,473 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $69,309,785
- TEMASEK HOLDINGS (PRIVATE) LTD removed 1,294,465 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $64,710,305
- NORGES BANK added 1,256,890 shares (+947.1%) to their portfolio in Q2 2026, for an estimated $71,667,867
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Elastic N.V. Price Targets
Multiple analysts have issued price targets for $ESTC recently. We have seen 16 analysts offer price targets for $ESTC in the last 6 months, with a median target of $71.5.
Here are some recent targets:
- Blair Abernethy from Rosenblatt set a target price of $83.0 on 06/26/2026
- Thomas Blakey from Cantor Fitzgerald set a target price of $59.0 on 06/25/2026
- Kingsley Crane from Canaccord Genuity set a target price of $80.0 on 05/29/2026
- Lucky Schreiner from DA Davidson set a target price of $60.0 on 05/29/2026
- Raimo Lenschow from Barclays set a target price of $68.0 on 05/29/2026
- Tyler Radke from Citigroup set a target price of $104.0 on 05/29/2026
- Brent Thill from Jefferies set a target price of $75.0 on 05/29/2026
