Elastic - ESTC

Elastic - ESTC

Postby investar » Fri Jun 28, 2019 4:04 am

Elastic NV is a company that was founded in 2012 in Amsterdam, the Netherlands, and was previously known as Elasticsearch[1]. Elastic NV is a search company that builds self-managed and SaaS offerings for search[disambiguation needed], logging, security, and analytics use cases[2]. The company develops the open source Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash), previously known as the ELK Stack[3], free and paid proprietary features (formerly called X-Pack), Elastic Cloud (a family of SaaS offerings including the Elasticsearch Service), and Elastic Cloud Enterprise (ECE)[4].

Elastic has thousands of subscribers including Cisco, eBay, Goldman Sachs, Microsoft, Mayo Clinic, NASA, The New York Times, Wikipedia, and Verizon which use the Elastic Stack to power critical systems[5]. Elastic is also implemented in use cases such as application search, site search, enterprise search, logging, infrastructure monitoring, application performance management (APM), security analytics (also used to augment SIEM applications), and business analytics. The Elasticsearch meetup community totals more than 100,000 members[6]. Elastic is publicly traded on the NYSE under the symbol ESTC[7].

IPO was 5 Oct 2018 at 70$
Today 74$ (5.5B market cap)
High 100$, avg analyst target 100$
Posts: 387
Joined: Tue Feb 16, 2010 11:59 pm

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