Elastic, the Search AI Company, has been recognized as a leader in The Forrester Wave™ Cognitive Search Platforms, Q4 2025 report, with its Elasticsearch platform earning top scores in eight criteria, including relevancy, reinforcing its role in powering generative AI applications.
Elastic’s flagship Elasticsearch platform has solidified its position as a leader in cognitive search, as highlighted in The Forrester Wave™ Cognitive Search Platforms, Q4 2025 report. This open-source document and vector database is designed for speed and scale, enabling developers to handle structured, unstructured, and vector data in real time. Its ability to execute cross-cluster searches across multiple remote clusters supports seamless, high-performance queries, making it ideal for generative AI applications. With flexible deployment options in both cloud and on-premises environments, Elasticsearch delivers hybrid and semantic search capabilities with unmatched accuracy.
The Forrester report praises Elasticsearch for its exceptional relevancy and results delivery, allowing developers to craft innovative search experiences. “Elastic’s outstanding capabilities in enabling deep and comprehensive refinement of relevancy and results delivery let developers push their imaginations in terms of building search experiences,” wrote Forrester principal analyst Rowan Curran. “With outstanding capabilities for scale and efficiency as well as a varied set of hosting options, Elastic is flexible both in its core technology and in its deployment options.” This flexibility supports organizations in building scalable, AI-driven solutions tailored to enterprise needs.
Elastic’s leadership reflects its focus on continuous innovation, particularly in generative AI and agentic applications. “Search requires flexibility and scale to parse trillions of points of data quickly to deliver relevant answers at the speed of a query,” said Steve Kearns, general manager of Search at Elastic. “We believe the position of the Elasticsearch Platform as a Leader reflects the continual innovation being poured into the product to help organizations build generative AI and agentic applications on top of private enterprise data, leveraging world-class search and relevance.” The platform’s ability to process vast datasets ensures organizations can derive actionable insights swiftly and securely.
Despite its technical achievements, Elastic’s stock price, as shown in the finance card above, stands at $84.81, with a year-to-date decline of -13.27%, trailing the broader market’s 13.21% gain. This contrast highlights a challenging market environment for Elastic (NYSE: ESTC), even as it earns critical acclaim for its technological advancements. The recognition as a leader in cognitive search underscores Elastic’s strategic importance in enterprise AI, potentially positioning it for future growth as adoption of generative AI solutions accelerates.
Elastic continues to empower thousands of companies, including over 50% of the Fortune 500, to transform data into actionable outcomes through its Search AI Platform, reinforcing its pivotal role in search, observability, and security solutions.
Elastic (NYSE: ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transform all of their data into answers, actions, and outcomes. Elastic's Search AI Platform — the foundation for its search, observability, and security solutions — is used by thousands of companies, including more than 50% of the Fortune 500.
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