Elastic Shares Up Pre-Bell After Fiscal Q2, 2026 Revenue Outlook Upgrade

MT Newswires Live

10/10

Elastic (ESTC) shares were up 11% in recent premarket activity Friday after the company raised its fiscal Q2 and 2026 revenue guidance.

The company said Thursday it expected fiscal Q2 revenue between $417 million and $419 million, up from a previous range of $415 million to $417 million. Analysts polled by FactSet expect $417.4 million.

Elastic now expects full-year revenue between $1.697 billion and $1.703 billion, up from a prior range of $1.679 billion to $1.689 billion.

Analysts surveyed by FactSet estimate $1.69 billion.

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