William Blair upgraded Elastic from Mkt Perform to Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $125.00 → $140.00 | Outperform | Oppenheimer |
| 11/22/2024 | $95.00 → $135.00 | Neutral → Outperform | Robert W. Baird |
| 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 |
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
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
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
SC 13G/A - Elastic N.V. (0001707753) (Subject)
SC 13G/A - Elastic N.V. (0001707753) (Subject)
SC 13G/A - Elastic N.V. (0001707753) (Subject)
4 - Elastic N.V. (0001707753) (Issuer)
4 - Elastic N.V. (0001707753) (Issuer)
4 - Elastic N.V. (0001707753) (Issuer)
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
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
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
Oppenheimer reiterated coverage of Elastic with a rating of Outperform and set a new price target of $140.00 from $125.00 previously
Robert W. Baird upgraded Elastic from Neutral to Outperform and set a new price target of $135.00 from $95.00 previously
William Blair upgraded Elastic from Mkt Perform to Outperform
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
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
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-K - Elastic N.V. (0001707753) (Filer)
SCHEDULE 13G/A - Elastic N.V. (0001707753) (Subject)
8-K - Elastic N.V. (0001707753) (Filer)