ESTC

-4.5%🟢 Fundamentally supported

Elastic N.V. · Technology

$92.91Vol 841.8K · 1.7× normalMkt cap −$0.45Blive · 2026-10-16 ET

What happened

Move

-4.5%

Price

$92.91

Volume

841.8K

1.7× normal

Market cap

$9.75B

−$0.45B today

Why it moved

Earnings releasemedium confidence

Elastic (ESTC): Buy, Sell, or Hold Post Q2 Earnings? — finnhub-news

Possible catalyst: earnings release, 3.1pp below its sector, on 1.7× normal volume.

Verdict — was the move justified?

🟢 Fundamentally supported

Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.

How unusual is this move

σ score

2.2σ

vs own 20d volatility

Percentile

84th

of 1270 daily moves

Avg daily move

±2.6%

own 5y average

vs sector

-3.1%

beyond sector median

What happened after similar moves

142 similar down moves in ESTC’s 5-year history:

After 5 days

+1.6%

56% higher

After 20 days

+0.2%

50% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 59G 20P 50H 68Q 27

Insider activity (90d): net selling $349.48M

Valuation context

P/E (TTM)

27.2

5y median 180.6

P/E percentile

16%

vs own 1y history

FCF yield

0.0%

Trading cheaper than 84% of its own historical valuation range.

Full fundamental analysis on PreMarketPrice

Pillar scores, financial statements, valuation history, news & more for ESTC

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