Elastic’s Expected Growth and Recovery: A Buy Rating Amidst Go …

Nov 19, 2024 · Tyler Radke has given his Buy rating due to a combination of factors that indicate potential growth and recovery for Elastic. The company is expected to bounce back from …

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Elastic’s Growth Potential And Innovative AI Advancements: A Buy …

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Sep 28, 2023 · Elastic’s Expected Growth and Recovery: A Buy Rating Amidst Go-to-Market Improvements and ESRE Demand TipRanks 2d Elastic price target raised to $136 from $130 …

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Elastic Stock Underpinned By Strong Q2 Results And Citi's Bullish ...

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3 days ago · Elastic NV's recent performance and Citi's bullish outlook are further supported by real-time data from InvestingPro. The company's market capitalization stands at $11.2 billion, …

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Elastic Price Target Raised To $120 From $100 At Guggenheim

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5 days ago · Guggenheim analyst Howard Ma raised the firm’s price target on Elastic (ESTC) to $120 from $100 and keeps a Buy rating on the shares on raised estimates after Elastic …

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Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' Quarter

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5 days ago · Elastic stock surged more than 15% in Friday trading following a strong fiscal second quarter earnings report.The enterprise data software company – which was a popular AI stock …

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Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025

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Jan 12, 2024 · Summary. Elastic's significant strides in profitability improvement, with an estimated 65% year-over-year increase to approximately $230 million in fiscal 2025, form a …

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Elastic’s Hold Rating: Balancing Long-term AI ... - Markets Insider

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Aug 30, 2024 · Elastic’s Expected Growth and Recovery: A Buy Rating Amidst Go-to-Market Improvements and ESRE Demand TipRanks 2d Elastic price target raised to $136 from $130 …

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Elastic’s Growth Amidst Uncertainties Leads To Hold Rating

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Aug 21, 2024 · Analyst Andrew Sherman of TD Cowen reiterated a Hold rating on Elastic (ESTC – Research Report), retaining the price target of $110.00. An...

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Elastic's Stock Surges 25% After 'solid' Q2 Results, While Baird

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Elastic's (NYSE:ESTC) stock soared about 25% premarket on Friday after a fiscal second quarter beat and raised outlook, which saw positive reactions from analysts. Baird Equity upgraded …

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Elastic's Stock Surges After 'solid' Q2 Results, While Baird Upgrades ...

1 day from now

5 days ago · Elastic's (NYSE:ESTC) stock soared about 25% premarket on Friday after a fiscal second quarter beat and raised outlook, which saw positive reactions from analysts. Baird …

seekingalpha.com

$110.00
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Elastic’s Resilience Amidst Sales Hurdles: Strong Cloud Growth And ...

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Aug 30, 2024 · In another report released today, Jefferies also maintained a Buy rating on the stock with a $110.00 price target. See the top stocks recommended by analysts >>

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FAQs about Elastic’s Expected Growth and Recovery: A Buy Rating Amidst Go … Coupon?

Should you buy elastic (ESTC – research report)?

Citi analyst Tyler Radke maintained a Buy rating on Elastic (ESTC – Research Report) today and set a price target of $136.00. Tyler Radke has given his Buy rating due to a combination of factors that indicate potential growth and recovery for Elastic. ...

How much will elastic's revenue grow next year?

If Elastic's growth rates next year match the growth rates from fiscal 2024, its revenues would grow by 18% y/y to approximately $1.5 billion. ...

Is elastic a good stock to buy now?

Still, Elastic's increased focus on larger enterprise customers and AI products are fantastic catalysts for improved growth. The stock trades at just 5.5x current-year revenue, versus typically commanding a high-single digit valuation multiple. ...

Is elastic a good buy in 2025?

Based on my estimates, in fiscal 2025, Elastic's underlying profitability is expected to meaningfully increase by approximately 65% y/y to around $230 million. This leaves the stock priced at approximately 48x forward non-GAAP operating margins, making it an attractive buy for a SaaS business. ...

What are Elastic's near-term prospects?

Elastic's near-term prospects appear promising. The company has shown robust growth in Elastic Cloud, up 31% y/y as of its latest fiscal Q2 2024 results. Additionally, Elastic's focus on generative AI applications, leveraging technologies like Elasticsearch Relevance Engine (ESRE), has garnered significant attention from customers. ...

Is elastic stock on the move again?

The stock gained over 20% last week primarily thanks to its Q2 report. Elastic stock is on the move again today thanks to some commentary from Wedbush analyst Dan Ives. According to The Fly, Ives basically believes that the moment has come for artificial intelligence (AI) to catalyze growth for software companies, including Elastic. ...