Elastic N.V. Stock Price, News & Analysis

Elastic (NYSE: ESTC) introduced DiskBBQ, a disk-friendly vector storage format and ANN algorithm available in Elasticsearch 9.2 and in technical preview on Elasticsearch Serverless.

DiskBBQ uses BBQ (Better Binary Quantization) to compress vectors, cluster them into compact partitions for selective disk reads, and avoid keeping full indexes in RAM. Elastic reports DiskBBQ sustained query latencies of about 15 milliseconds while operating in as little as 100 MB of total memory, and smooth performance scaling as memory increases. The format aims to lower infrastructure costs, provide predictable performance, and enable large-scale vector search on cheaper memory and object storage.

Elastic (NYSE: ESTC) launched Streams, an AI-powered observability layer that auto-parses unstructured logs, extracts relevant fields, and surfaces "Significant Events" like critical errors and anomalies to speed incident investigation and remediation.

Streams leverages the Elasticsearch platform, adapts automatically to new log formats, and aims to reduce operational complexity and total ownership cost. Streams is available today in serverless and in Elasticsearch 9.2.

Elastic (NYSE: ESTC) announced Agent Builder on October 21, 2025, a new set of capabilities in Elasticsearch designed to accelerate building custom AI agents on company data.

Agent Builder provides a native conversational interface to query data, tools for relevance and context engineering, custom tool and agent creation using ES|QL, and integrations with MCP and A2A while enforcing governance via the Elasticsearch execution layer. It simplifies agent development, configuration, execution, observability, and security within Elasticsearch.

Agent Builder is available today in Technical Preview on Elastic Cloud serverless and will arrive in Elasticsearch version 9.2 soon.

Elastic (NYSE: ESTC) announced a managed OpenTelemetry Protocol (OTLP) endpoint for Elastic Observability to simplify telemetry ingestion and speed time-to-value for SREs. The endpoint is fully managed, auto-scales across production environments, and lets OTel-compatible sources send data directly into Elastic Cloud without deploying multiple collectors. OpenTelemetry data is stored without schema translation, preserving semantic conventions and resource attributes. The feature is available today on Elastic Observability and Elastic Cloud Serverless, with support for Elastic Cloud Hosted deployments coming soon.

Elastic (NYSE: ESTC) announced that its Board authorized a $500 million share repurchase program on October 9, 2025. The program permits repurchases of outstanding ordinary shares from time to time with no expiration date, and may be executed in the open market, via privately negotiated transactions, or by other methods. The company said repurchases will depend on share price, business and market conditions, and that the program may be modified, suspended, or terminated. Management cited a disciplined capital allocation approach and a strong balance sheet as reasons for authorizing the repurchase.

Elastic (NYSE: ESTC) launched the Elastic Inference Service (EIS), a GPU-accelerated inference-as-a-service in Elastic Cloud for Elasticsearch semantic search, vector search, and generative AI workflows, announced October 9, 2025. EIS offers an API-based service using NVIDIA GPUs and integrates natively with Elasticsearch vector database and the Inference API.

Key features include ELSER (Elastic Learned Sparse EncodeR) in technical preview as the first text-embedding model, compatibility with sparse/dense vectors and reranking, consumption-based pricing charged per model per million tokens, up to 10x higher ingest throughput versus CPU, and an intellectual property indemnity for provided models. EIS is available on Serverless and Elastic Cloud Hosted deployments across all CSPs and regions.

Elastic (NYSE: ESTC) completed its acquisition of Jina AI on October 9, 2025, enhancing Elastic's capabilities in vector search, retrieval-augmented generation (RAG), and context engineering.

The deal adds multimodal and multilingual dense embeddings, advanced rerankers, and specialized small language models to complement Elastic's ELSER model. Jina AI's models will continue to be released on Hugging Face and will be available for enterprise use via the Elastic Inference Service (EIS) on Elastic Cloud. The acquisition also expands Elastic's AI research team, intended to accelerate model innovation and improve retrieval relevance for unstructured text and images.

Elastic (NYSE: ESTC) will host a financial analyst day on October 9, 2025 at 2:00 p.m. ET during the Elastic{ON} Tour, New York user conference. A live audio webcast, presentation materials with financial and operating information, and a replay will be available on Elastic's Investor Relations site.

Elastic (NYSE: ESTC) released the 2025 Global Threat Report, analyzing >1 billion production telemetry points and finding AI-driven shifts in attacker behavior.

Key quantitative findings: generic threats +15.5% YoY, Windows malicious execution ~32.5% (nearly doubled), one in eight malware samples targeted browser data, and over 60% of cloud security events involved Initial Access, Persistence, or Credential Access. The report highlights AI-created loaders, widespread infostealers, elevated Azure/Entra anomalous signals, and recommends stronger identity and browser defenses plus AI-assisted detection with human oversight.