Elastic N.V. is a technology company that specializes in search, observability, and security solutions. The company develops the Elastic Stack, an integrated suite of open-source tools that allows organizations to efficiently index, search, and analyze vast amounts of data in real-time. Their products empower businesses to gain valuable insights from structured and unstructured data, making it easier to monitor infrastructure performance, enhance security measures, and optimize application development. Elastic's offerings are leveraged by companies worldwide to improve decision-making and enhance operational efficiencies across various industries. Read More
Elastic (NYSE: ESTC), the Search AI Company, announced that Elastic Security earned Certified status in the AV-Comparatives Endpoint Prevention and Response (EPR) Test 2025, delivering 99.3% effectiveness across both Active Response (automated blocking) and Passive Response (detection and alerting).
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell delivered cautious remarks on the economy, spooking investors and pulling indexes back from record highs.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Growth boosts valuation multiples, but it doesn’t always last forever.
Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
A number of stocks fell in the afternoon session after a significant downward revision in U.S. job creation data fueled concerns about a weakening labor market.
Shares of search AI platform provider Elastic (NYSE:ESTC) jumped 6.4% in the afternoon session after investors reacted to positive sentiment from Wall Street analysts. The move appears to be influenced by recent analyst ratings that suggest significant potential upside for the company. Based on the ratings of 29 analysts, Elastic has a consensus price target of $118.38. More specifically, the three most recent ratings from firms including Jefferies, DA Davidson, and Canaccord Genuity imply an average upside of over 35% from the stock's recent price. This bullish consensus from financial analysts is likely bolstering investor confidence in the company's value and future performance.
Shares of search AI platform provider Elastic (NYSE:ESTC) jumped 2.1% in the morning session after the company highlighted strong growth in its search business, driven by artificial intelligence, during a presentation at Citi's 2025 Global Technology, Media and Telecommunications Conference.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
Shares of search AI platform provider Elastic (NYSE:ESTC) fell 3.6% in the afternoon session after it reversed sharp pre-market gains despite the company posting second-quarter results that beat analyst expectations. The search and AI platform provider reported revenue of $415.3 million, up 19.5% year-over-year, and an adjusted EPS of $0.60, both of which topped Wall Street's estimates. Following the strong results, the stock initially surged nearly 17% in after-hours trading. However, the gains were short-lived as investors focused on the company's mixed guidance. While Elastic raised its outlook for the full year, its earnings per share forecast for the upcoming third quarter missed analysts' expectations. This weaker near-term profit outlook appeared to overshadow the strong quarterly performance, prompting a sell-off during regular trading hours.
Search AI platform provider Elastic (NYSE:ESTC) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 19.5% year on year to $415.3 million. Guidance for next quarter’s revenue was better than expected at $416 million at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $0.60 per share was 43.4% above analysts’ consensus estimates.
Search AI platform provider Elastic (NYSE:ESTC) announced better-than-expected revenue in Q2 CY2025, with sales up 19.5% year on year to $415.3 million. Guidance for next quarter’s revenue was better than expected at $416 million at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $0.60 per share was 43.4% above analysts’ consensus estimates.
