Elastic N.V. Ordinary Shares (ESTC)

Wall Street rebounded nicely to close a turbulent week.

Elastic crushed earnings expectations but the stock crashed anyway.

As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.

Search AI platform provider Elastic (NYSE:ESTC) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 15.9% year on year to $423.5 million. Guidance for next quarter’s revenue was optimistic at $438 million at the midpoint, 2% above analysts’ estimates. Its non-GAAP profit of $0.64 per share was 11.1% above analysts’ consensus estimates.

Elastic Q2 FY2026: Revenue slightly misses estimates, but EPS beats forecasts. Stock falls despite strong profitability and AI innovation focus.

Search AI platform provider Elastic (NYSE:ESTC) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 15.9% year on year to $423.5 million. Guidance for next quarter’s revenue was optimistic at $438 million at the midpoint, 2% above analysts’ estimates. Its non-GAAP profit of $0.64 per share was 11.1% above analysts’ consensus estimates.

The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.

Here's a look at the Q3 earnings report from Veeva Systems.

Here's a look at the Q2 earnings report from Elastic.

Search AI platform provider Elastic (NYSE:ESTC) will be reporting results this Thursday after the bell. Here’s what you need to know.

A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.

A number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. 

Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around. Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.

Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.

While the S&P 500 is up 22.9% since April 2025, Elastic (currently trading at $87.16 per share) has lagged behind, posting a return of 6.1%. This might have investors contemplating their next move.

Elastic NV has launched Agent Builder, a new tool that uses Elasticsearch to quickly develop custom AI agents for data exploration.

Lockheed Martin, Elastic, and AutoZone just announced substantial buyback boosts. See how much capital they plan to return to investors.

Both the company itself and several analysts are excited about its future.

Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions. While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.

Shares of search AI platform provider Elastic (NYSE:ESTC) jumped 6.7% in the morning session after the company raised its revenue guidance for its second quarter and full fiscal year 2026 and announced a $500 million share repurchase program during its Analyst Day event.