Elastic's stock surges 25% after 'solid' Q2 results, while Baird

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 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 Robust Rebound And Strategic Growth ... - Markets Insider

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6 days ago · Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround' Seeking Alpha 2h Analysts Conflicted on These Technology Names: Apple …

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Elastic Upgraded To Outperform From Neutral At Baird

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6 days ago · Baird upgraded Elastic to Outperform from Neutral with a price target of $135, up from $95.The firm says Elastic’s “significant unexpected turnaround” in execution, evident in …

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

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5 days ago · On the stock market today, Elastic stock rallied more than 16% to 109.78 in recent morning trades. Elastic's 'Bounce Back' Quarter Elastic Cloud revenue, a closely watched …

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Elastic NV (ESTC) Stock Price & News - Google Finance

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Watch These Elastic Stock Price Levels After Post-Earnings Surge. 3 days ago. ... Seeking Alpha. Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround ...

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Here's Why Elastic Stock Popped Again Today | The Motley Fool

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3 days ago · 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.

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

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On the stock market today, Elastic stock rallied more than 16% to 109.78 in recent morning trades. Elastic's 'Bounce Back' Quarter Elastic Cloud revenue, a closely watched metric, grew …

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Elastic Stock Surges 31% On Strong Earnings Beat And Raised Outlook

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Nov 21, 2024 · SAN FRANCISCO - Elastic NV (NYSE: ESTC) shares jumped over 31% in premarket trading Friday after the search and data analytics company reported fiscal second …

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Elastic Price Target Raised To $130 From $100 At Piper Sandler

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6 days ago · Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround' Seeking Alpha 2h Analysts Conflicted on These Technology Names: Apple …

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Elastic (ESTC) Receives A Rating Update From A Top Analyst

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Nov 20, 2024 · Based on Elastic’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $347.42 million and a GAAP net loss of $49.23 million.

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Elastic’s Revenue Growth Amid Execution Challenges And Market ...

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6 days ago · Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround' Seeking Alpha 4h Elastic’s Revenue Growth Amid Execution Challenges and …

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Elastic Price Target Raised To $135 From $92 At Scotiabank

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6 days ago · Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround' Seeking Alpha 6h Elastic’s Revenue Growth Amid Execution Challenges and …

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FAQs about Elastic's stock surges 25% after 'solid' Q2 results, while Baird Coupon?

How did elastic (ESTC) stock perform premarket?

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 the AI search company's stock to Outperform from Neutral and increased the price target to $135 from $95, citing a strong turnaround. ...

Why did elastic stock drop 28% in Q1?

That's up from the 14% growth Elastic projected in its previous quarterly results in late August. Shares sank 28% following Elastic's fiscal Q1 report on Aug. 29, which included a weaker-than-expected sales forecast. At the time, the company blamed "segmentation changes" to its strategy for the slower start. ...

How did elastic (ESTC) perform in Q2?

Elastic (NYSE:ESTC) just sent shockwaves through the market, with shares rocketing 22% this morning after a killer Q2 earnings report. The company posted $365 million in revenue, up 18% year-over-year, and $0.59 in non-GAAP earnings per shareblowing past Wall Street's estimates of $354 million and $0.38, respectively. ...

Why did elastic report a solid quarter?

Analyst Mike Cikos and his team said that Elastic reported a solid quarter, with Revenue meaningfully above guidance as the company showed improved execution against the go-to-market changes that hamstrung commitments in the prior quarter. ...

Why did elastic increase its stock price during aftermarket trading?

Elastic’s SaaS revenue grew by 25%, and the company exceeded its total revenue expectations by 3.2%, adding significantly more operating profit than initially anticipated. Additionally, Elastic raised its full-year guidance, which contributed to a substantial 25% increase in its stock price during aftermarket trading. ...

How much did elastic make in the quarter?

For the current quarter, Elastic guided for sales of $368 million at the midpoint of its range. Prior to the company posting its results, analysts were projecting Elastic would tally $366 million in sales for the January-ending quarter, according to FactSet. ...