We believe Elastic's financial position is healthy. Elastic ended fiscal 2023 with more than $644 million in cash and cash equivalents. While the firm has taken on debt of more than $550 million ...
Elastic's growth strengthened in the first quarter, although much of this was likely driven by temporary factors. As a result, I don't expect Elastic's growth rate to continue moving higher in the ...
Elastic has a strong position in high-performance search, with potential growth in gen AI applications, but faces stiff competition from Datadog and MongoDB. Datadog outperforms Elastic in financial ...
Kash Rangan, an analyst from Goldman Sachs, reiterated the Hold rating on Elastic (ESTC – Research Report). The associated price target remains the same with $106.00. Kash Rangan’s rating is based on ...
Enterprise search technology company Elastic N.V. must be wondering what it did wrong today, since despite delivering a strong earnings and revenue beat and guidance in-line with analysts’ ...
Elastic N.V. (($ESTC)) has held its Q2 earnings call. Read on for the main highlights of the call. Elastic N.V. Reports Strong Performance Amid ...
MOUNTAIN VIEW, Calif., April 7, 2022 — Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch, announced that it has been named a Strong Performer by Forrester Research in The Forrester ...
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced strong results for its first quarter of fiscal 2022 (ended ...