Elastic Announces Support For Amazon Bedrock-Hosted Models In Elasticsearch Open Inference API And Playground; Developers Can Choose Any LLM On Amazon Bedrock For Production-Ready RAG Applications; Integration Aims To Enhance Next-Generation Search Experiences

7/10/24 12:46:51 PM ET

Computer Software: Prepackaged Software

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Recent Analyst Ratings for
$ESTC

Date	Price Target	Rating	Analyst
10/14/2024		Mkt Perform → Outperform	William Blair
10/7/2024	$90.00 → $95.00	Equal Weight → Overweight	Barclays
9/11/2024	$100.00	Buy	Guggenheim
8/30/2024	$140.00 → $94.00	Buy → Neutral	BofA Securities
8/30/2024	$135.00 → $95.00	Outperform → Neutral	Robert W. Baird
5/22/2024	$135.00	Buy	UBS
2/15/2024	$185.00	Sector Outperform	Scotiabank
1/12/2024	$100.00 → $110.00	Overweight → Equal Weight	Barclays

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$ESTC
Press Releases

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Elastic Reports Second Quarter Fiscal 2025 Financial Results
Q2 Revenue of $365 million, up 18% year-over-year (17% in constant currency) Q2 Elastic Cloud Revenue of $169 million, up 25% year-over-year (25% in constant currency) Announces Chief Financial Officer Transition Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2025 ended October 31, 2024. Second Quarter Fiscal 2025 Financial Highlights Total revenue was $365 million, an increase of 18% year-over-year, or 17% on a constant currency basis Elastic Cloud revenue was $169 million, an increase of 25% year-over-year, as reported and on a constant currency basis GAAP operating loss was $4 million; GAAP
11/21/24 4:05:00 PM ET
$ESTC
Computer Software: Prepackaged Software
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Elastic Announces AI Ecosystem to Accelerate GenAI Application Development
Elasticsearch vector database integrations with industry-leading AI technology give developers best-in-class resources to expedite the deployment of RAG applications Elastic (NYSE:ESTC), the Search AI Company, announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications. The Elastic AI Ecosystem provides developers with a curated, comprehensive set of AI technologies and tools integrated with the Elasticsearch vector database, designed to speed time-to-market, ROI delivery, and innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114
11/14/24 9:10:00 AM ET
$ESTC
Computer Software: Prepackaged Software
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Elastic Announces 100% OpenTelemetry Experience for Kubernetes with the OTel Operator
With Elastic Distributions of OpenTelemetry, SREs can now streamline collector deployment, application auto-instrumentation and lifecycle management without data translation Elastic (NYSE:ESTC), the Search AI Company, announced Kubernetes observability support in the Elastic Distributions of OpenTelemetry (EDOT) portfolio, using OpenTelemetry Operator. SREs can now access out-of-the-box configurations designed to streamline collector deployment, application auto-instrumentation and lifecycle management with Elastic Observability, providing complete visibility for Kubernetes environments. "As a 100% OpenTelemetry-native solution, Elastic Observability removes the need for SREs to manage
11/12/24 4:00:00 PM ET
$ESTC
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Elastic Names Mark Dodds Chief Revenue Officer
Former Cisco executive joins Elastic to help spearhead company's continued growth Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately. Reporting to Elastic CEO Ash Kulkarni, Dodds will be responsible for driving all aspects of the company's revenue growth, building on its ongoing success as the leading search analytics platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211976269/en/Mark Dodds, Chief Revenue Officer, Elastic (Photo: Busines Wire) Dodds brings extensive global sales leadership experience to the
12/11/23 9:00:00 AM ET
$ESTC
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Elastic Announces Intent to Acquire Opster
Elastic and Opster join forces to help users take charge of their search operations Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that provides deep insight to automatically detect and resolve issues with cluster health, improve search performance, and reduce hardware costs. "We are excited to welcome the Opster team to Elastic," said Ken Exner, chief product officer, Elastic. "Opster will help our users get more out of their Elastic deployments and is part of multiple efforts underway to make our cloud offering more fully-managed and easier to operate." "Having been long
11/15/23 4:35:00 PM ET
$ESTC
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Elastic Appoints Abhishek Singh as General Manager for Observability
Former Datadog Vice President of Product Joins Elastic to Drive the Next Generation of AI-Powered Observability Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Abhishek Singh as general manager for Observability. Singh will oversee the evolution of Elastic Observability, which converges all types of telemetry data, including metrics, logs, and traces for unified visibility and actionable AI-powered insights. He will help spearhead the delivery of rapid advancements like the Elastic AI Assistant for Observability, which leverages the power of generative AI and an organization's own proprietary data to make problem resolution faster
10/11/23 9:00:00 AM ET
$ESTC
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$ESTC
Financials

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Elastic Reports Second Quarter Fiscal 2025 Financial Results
Q2 Revenue of $365 million, up 18% year-over-year (17% in constant currency) Q2 Elastic Cloud Revenue of $169 million, up 25% year-over-year (25% in constant currency) Announces Chief Financial Officer Transition Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2025 ended October 31, 2024. Second Quarter Fiscal 2025 Financial Highlights Total revenue was $365 million, an increase of 18% year-over-year, or 17% on a constant currency basis Elastic Cloud revenue was $169 million, an increase of 25% year-over-year, as reported and on a constant currency basis GAAP operating loss was $4 million; GAAP
11/21/24 4:05:00 PM ET
$ESTC
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Elastic to Announce Second Quarter Fiscal 2025 Earnings Results on Thursday, November 21, 2024
Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its second quarter fiscal 2025 ended October 31, 2024 after the U.S. market close on Thursday, Nov 21, 2024. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic's solu
11/7/24 4:15:00 PM ET
$ESTC
Computer Software: Prepackaged Software
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Elastic Reports First Quarter Fiscal 2025 Financial Results
Q1 Revenue of $347 million, up 18% year-over-year (18% in constant currency) Q1 Elastic Cloud Revenue of $157 million, up 30% year-over-year (30% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its first quarter of fiscal 2025 ended July 31, 2024. First Quarter Fiscal 2025 Financial Highlights Total revenue was $347 million, an increase of 18% year-over-year, as reported and on a constant currency basis Elastic Cloud revenue was $157 million, an increase of 30% year-over-year, as reported and on a constant currency basis GAAP operating loss was $34 million; GAAP operating margin was -10% Non-GAAP ope
8/29/24 4:05:00 PM ET
$ESTC
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Elastic Announces Support For Amazon Bedrock-Hosted Models In Elasticsearch Open Inference API And Playground; Developers Can Choose Any LLM On Amazon Bedrock For Production-Ready RAG Applications; Integration Aims To Enhance Next-Generation Search Experiences

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Recent Analyst Ratings for $ESTC

$ESTC Press Releases

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Elastic Reports Second Quarter Fiscal 2025 Financial Results

Elastic Announces AI Ecosystem to Accelerate GenAI Application Development

Elastic Announces 100% OpenTelemetry Experience for Kubernetes with the OTel Operator

$ESTC Analyst Ratings

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Elastic upgraded by William Blair

Elastic upgraded by Barclays with a new price target

Guggenheim initiated coverage on Elastic with a new price target

$ESTC Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Elastic N.V.

Amendment: SEC Form SC 13G/A filed by Elastic N.V.

SEC Form SC 13G/A filed by Elastic N.V. (Amendment)

$ESTC Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Abbasi Sohaib was granted 2,666 units of Ordinary Shares, increasing direct ownership by 45% to 8,574 units (SEC Form 4)

Director Marooney Caryn was granted 2,666 units of Ordinary Shares, increasing direct ownership by 23% to 14,059 units (SEC Form 4)

Director Puttagunta Chetan was granted 2,666 units of Ordinary Shares, increasing direct ownership by 33% to 10,730 units (SEC Form 4)

$ESTC Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Auvil Paul R. Iii bought $1,484,968 worth of Ordinary Shares (20,000 units at $74.25), increasing direct ownership by 761% to 22,627 units (SEC Form 4)

$ESTC Leadership Updates

Live Leadership Updates

Elastic Names Mark Dodds Chief Revenue Officer

Elastic Announces Intent to Acquire Opster

Elastic Appoints Abhishek Singh as General Manager for Observability

$ESTC Financials

Live finance-specific insights

Elastic Reports Second Quarter Fiscal 2025 Financial Results

Elastic to Announce Second Quarter Fiscal 2025 Earnings Results on Thursday, November 21, 2024

Elastic Reports First Quarter Fiscal 2025 Financial Results

$ESTC Market Insights

Live Market Insights

Shares of companies in the software sector are trading lower amid overall tech weakness following quarterly earnings from Alphabet.

Elastic Announces Support For Amazon Bedrock-Hosted Models In Elasticsearch Open Inference API And Playground; Developers Can Choose Any LLM On Amazon Bedrock For Production-Ready RAG Applications; Integration Aims To Enhance Next-Generation Search Experiences

Shares of software stocks are trading higher as stocks gain following a softer-than-expected May CPI report. The Fed on Wednesday left rates unchanged.

$ESTC SEC Filings

Elastic N.V. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits

Amendment: SEC Form SCHEDULE 13G/A filed by Elastic N.V.

Elastic N.V. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

Recent Analyst Ratings for
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$ESTC
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Large Ownership Changes

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