This summary was created by AI, based on 2 opinions in the last 12 months.
Based on expert reviews, Elastic N.V. appears to be a promising long-term investment with a strong revenue forecast and potential for growth within the AI revolution. The company has shown good earnings momentum and is considered a cool, off the beaten path investment by analysts. However, it does not offer a dividend. Overall, it seems to be a solid buy for the long term, particularly within the AI hardware space.
Consolidates AI to present answers at the business level. Q2 earnings had a 37% pop. Good earnings momentum. He'd sell if it dropped below $120. Off the beaten path, really cool company. No dividend.
(Analysts’ price target is $123.36)Elastic N.V. is a American stock, trading under the symbol ESTC-N on the New York Stock Exchange (ESTC). It is usually referred to as NYSE:ESTC or ESTC-N
In the last year, 1 stock analyst published opinions about ESTC-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Elastic N.V..
Elastic N.V. was recommended as a Top Pick by on . Read the latest stock experts ratings for Elastic N.V..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Elastic N.V. In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Elastic N.V. (ESTC-N) stock closed at a price of $104.05.
He's lightened up a lot on software. At this stage, probably a pretty good buy for the long term. Revenue forecast to grow ~16% per annum for the next 3 years. The space averages ~12% per annum. The place to make $$ these days within the AI revolution is the hardware (picks and shovels).