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

Sep 28, 2023 · Kothari believes that Elastic’s AI advancements, the potential of GenAI across multiple sectors, and the positive impact of the SPLK transaction on Elastic, all contribute to …

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Elastic N.V. Initiated At Buy Due To AI Search Opportunity: UBS

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May 22, 2024 · Elastic N.V. (NYSE:ESTC) received a Buy rating from UBS due to growth potential through its artificial intelligence-powered search engine. UBS also set a price target of $135 on …

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Another Artificial Intelligence (AI) Stock Is Surging: Can Elastic N.V ...

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Dec 7, 2023 · 1 Unstoppable Artificial Intelligence (AI) Stock Down 40% to Buy Hand Over Fist, According to Wall Street 1 Artificial Intelligence (AI) Growth Stock Down 44% to Buy on the …

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Elastic N.V. (ESTC): Piper Sandler Ups Price Target To $130, Cites ...

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2 days ago · We recently compiled a list of the 15 AI Stocks to Watch: News and Analyst Ratings. In this article, we are going to take a look at where Elastic N.V. (NYSE:ESTC) stands against …

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

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Jan 12, 2024 · Additionally, Elastic's innovative product developments, like the Elasticsearch Query Language (ES|QL) and advancements in generative AI, position it favorably to …

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FAQs about Elastic’s Growth Potential and Innovative AI Advancements: A Buy … Coupon?

Why is elastic a good choice for generative AI?

Despite challenges such as slowing revenue growth rates and the need to navigate a transitional period in generative AI, Elastic's innovative product developments and resilience in optimizing deployments for existing customers position it favorably. ...

Is generative AI coming to elastic?

Elastic is already seeing more workloads focused around generative AI. But the tailwind from this new technology is just getting started. While the company currently has hundreds of paying customers working with generative AI, these implementations and workloads are in the very early stages of production. ...

Should you buy elastic (ESTC – research report)?

Elastic (ESTC – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Brent Thill from Jefferies maintained a Buy rating on the stock and has a $110.00 price target. ...

What is elastic & how is it transforming AI?

He explained that Elastic is carving out a niche in AI, as its software enables users to bring in all kinds of unstructured data and quickly make that data searchable. Then users are able to apply analytics and machine learning to get real value out of the data. Elastic is already seeing more workloads focused around generative AI. ...

Can elastic monetize its AI toolkits?

Elastic’s reputation for speed and flexibility, despite potential developer capacity bottlenecks, suggests a strong commitment from their installed base. This could enable Elastic to monetize its AI toolkits, driving future revenue growth. ...

Is elastic a better AI opportunity than cy25e?

UBS also set a price target of $135 on the stock as it initiated coverage on Tuesday. "We spoke with 20+ customers, partners and industry experts and conclude that Elastic has a better AI opportunity than is currently priced into the stock at 6.9x CY25E revenues," said UBS analysts Austin Dietz and Karl Keirstead, in a note. ...