Elastic valuation
$93.61Change from previous close: −1.05%Absolute change: −$0.99
Valuation
The P/E ratio is 27.0. The average price target of 26 analysts is $110.69.
Data as of October 7, 2026
Valuation multiples
- Market cap
- $9.93B
- Enterprise value
- $9.07B
- P/E (trailing 12 months)
- 27.0
- Forward P/E
- 23.9
- PEG
- 1.37
- Price/book
- 7.67
- Price/sales
- 5.51
- EV/EBITDA
- -407.2
- EV/revenue
- 5.03
Profitability and growth
- Gross margin
- 75.6%
- Operating margin
- -0.6%
- Net margin
- 20.8%
- ROE
- 33.1%
- ROA
- -0.6%
- ROIC
- -5.4%
- Revenue growth (year over year)
- 15.1%
Financial health
- Total cash
- $1.46B
- Total debt
- $595.77M
- Debt/equity
- 0.46
- Current ratio
- 1.81
- Quick ratio
- 1.64
- Altman Z-Score
- 3.08
- Piotroski F-Score
- 3.00
Dividends
- Dividend yield
- 0.0%
- Payout ratio
- 0.0%
Analysts and estimates
- Average price target
- $110.69
- Median price target
- $115.00
- High price target
- $130.00
- Low price target
- $75.00
- Analysts with a price target
- 26
- Consensus
- Buy
- Forward EPS
- $3.96
- EPS estimate, current year
- $3.36
Shares and trading
- Beta
- 1.04
- Average volume
- 2.28M
- Shares outstanding
- 104.99M
- Float
- 86.68M
- Institutional ownership
- 89.3%
- Insider ownership
- 11.8%
- Short interest (% of float)
- 4.6%
- Short ratio (days)
- 1.37