Elastic (ESTC) Upgraded to Buy: What Does It Mean for the Stock?
Elastic (ESTC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Elastic N.V. (ESTC) and Encourages Stockholders to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / December 27, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC).
Bronstein, Gewirtz & Grossman, LLC Encourages Elastic N.V. (ESTC) Investors to Inquire about Securities Investigation
NEW YORK, NY / ACCESSWIRE / December 26, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Elastic N.V. ("Elastic" or "the Company") (NYSE:ESTC).
Elastic (ESTC) Just Overtook the 20-Day Moving Average
After reaching an important support level, Elastic (ESTC) could be a good stock pick from a technical perspective. ESTC surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Elastic's Struggle: Will This Search Engine Innovator Meet Investor Expectations?
Explore the exciting world of Elastic (ESTC -2.81%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
Elastic: A Stretchable Rally? Reiterating Buy For The Brave Hearted
We called a buying opportunity on Elastic in late October, since which the stock reported its 2QFY25 results and soared 44%. Elastic carved itself a unique spot within AI to help companies filter through which data to train AI on and just launched its Elastic AI ecosystem to feed that appetite. Management's effective handling of go-to-market headwinds confirms our optimism about management's execution going forward.
Here's Why Elastic Stock Popped Again Today
Enterprise software company Elastic (ESTC 3.55%) reported financial results for its fiscal second quarter of 2025 last week and the report was met with enthusiasm from investors. The stock gained over 20% last week primarily thanks to its Q2 report.
Watch These Elastic Stock Price Levels After Post-Earnings Surge
Elastic (ESTC) handily surpassed Wall Street's earnings expectations and lifted its outlook, sending shares in the enterprise data software company sharply higher on Friday.
Elastic: A Rebound Is Starting
Q3 marked a rebound for many tech stocks, with Elastic surging ~25% post-Q2 results and raising its annual guidance, erasing YTD losses. Elastic's success is driven by improving sales execution, profitability, and cash flow, along with increased demand for its generative AI-powered products. The company is focusing on upmarket customers and generating significant margin expansion, supported by a +110% net revenue retention rate.
What's going on with Elastic stock?
Elastic (ESTC) stock soared by 29% on Friday, reaching $121 in premarket trading after the company's latest earnings report exceeded Wall Street expectations. The data analytics firm, headquartered in the US and the Netherlands, showcased robust demand for its products, particularly from large enterprises, bolstering investor confidence.
Elastic Stock Soars 29%. Here's Why.
The data analytics company soothed investors with a better-than-expected earnings report.
