Latest news with #ElasticNV
Yahoo
23-07-2025
- Business
- Yahoo
Elastic NV's (ESTC) Security Solution Affirms 100% Protection in Tests
Elastic NV (NYSE:ESTC) is one of the top AI stocks with huge upside potential. On June 24, the company announced that its Elastic Security achieved 100% protection in AV-Comparatives Business Security Test. It was the only security solution to achieve 100% protection in both Real-World Protection and Malware Protection Tests. Source: unsplash The 100% protection score highlights the solution's ability to provide businesses with effective protection against threats and reduce the likelihood of data breaches. Elastic's threat detection engine was incredibly successful in detecting and removing malware, aggressively battling the ever-evolving malware landscape, which led to the company achieving a perfect score in the Malware Protection Test. 'Achieving 100% in both categories of the AV-Comparatives' Business Security Test signifies the effectiveness of our security solution and our commitment to helping businesses defend against today's threats,' said Mike Nichols, vice president, Product Management, Security at Elastic. Elastic NV (NYSE:ESTC) is a company that leverages AI to enhance its search, observability, and security solutions. They offer an AI-powered platform that allows users to harness the power of search and generative AI to find answers in real-time, using all their data at scale. While we acknowledge the potential of ESTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Chemical Stocks to Buy According to Billionaires and 7 Most Undervalued Pot Stocks To Buy According To Analysts. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-07-2025
- Business
- Yahoo
Monness Crespi & Hardt Upgrades Elastic N.V. (ESTC) Stock
Elastic N.V. (NYSE:ESTC) is one of the Top 10 AI and Technology Stocks to Buy According to Analysts. On June 27, Monness Crespi & Hardt upgraded the company's stock from 'Neutral' to 'Buy,' setting the price objective of $111.0, as reported by The Fly. As per the firm, after a decline in 2024, the company's shares have declined ~17% this year, while AI-fueled tech stocks managed to climb to new all-time highs in 2025. Considering the depressed EV/Revenue multiple as compared to the consumption-based software group and the firm's software universe at large, it finds Elastic N.V. (NYSE:ESTC)'s valuation compelling at current levels. The firm opines that the company remains well-placed for the GenAI movement, added the analyst. A group of software engineers working in an open, futuristic office. Elastic N.V. (NYSE:ESTC) continues to demonstrate its leadership in Search AI, with customers continuing to build Generative AI applications and consolidating onto its platform. Elastic N.V. (NYSE:ESTC)'s total customer count with Annual Contract Value (ACV) over $100,000 was more than 1,510 in Q4 2025 as compared to over 1,460 in Q3 FY 2025, and over 1,330 in Q4 FY 2024. For Q1 2026, the company expects total revenue of between $396 million – $398 million, reflecting 14% YoY growth at the midpoint (13% YoY constant currency growth at the midpoint). Elastic N.V. (NYSE:ESTC) is a search AI company that is engaged in providing software platforms to run in hybrid, public, or private clouds and multi-cloud environments. While we acknowledge the potential of ESTC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ESTC and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds' investor letters by entering your email address below. Sign in to access your portfolio
Yahoo
18-06-2025
- Business
- Yahoo
Amazon.com (NasdaqGS:AMZN) Collaborates With CSG To Enhance AWS Cloud Transformation
recently experienced a 10% price move over the past quarter, buoyed by its strategic collaboration with AWS to enhance cloud services with potential cost savings of up to 60%. This collaboration underscores the company's focus on cloud transformation, aligning well with the broader market's steady performance. Additional collaborations, such as partnerships with Rebag for sustainable shopping and Elastic N.V. for AI-driven transitions, further highlight Amazon's innovative pursuits. Amidst geopolitical tensions and market volatility, these initiatives have lent weight to Amazon's positive trajectory within the tech sector's general upward trend. Buy, Hold or Sell View our complete analysis and fair value estimate and you decide. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. The recent collaboration between Amazon and AWS could enhance the company's narrative around operational efficiency and margin stability, potentially impacting future revenue and earnings. The focus on cloud transformation and sustainability initiatives may align well with Amazon's strategy to leverage AI and fulfillment optimization for cost-effectiveness. Over the past three years, Amazon's total shareholder return was very large, reflecting a significant appreciation in share value. During the recent year alone, Amazon matched the US Multiline Retail industry's performance, underscoring its resilience amid market volatility. Amazon's share performance, with its current price standing at US$185.01, presents an 11.7% discount to the consensus analyst price target of approximately US$239.33. This suggests potential upside if expectations for revenue and earnings growth materialize. The company's expected revenue growth of 8.9% annually may accelerate through initiatives like cloud and AI expansion. However, projected earnings margins need careful monitoring against competitive pressures and market dynamics. The anticipated earnings of US$103.60 billion by 2028 highlight a bullish outlook, yet the diverse forecasts reflect potential uncertainties. As such, investors should independently assess these projections against market conditions and Amazon's strategic initiatives. Evaluate prospects by accessing our earnings growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMZN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
06-06-2025
- Business
- Yahoo
Elastic N.V. (ESTC) Sees Price Target Cut on Weak Federal Growth, But Generative AI Still a Bright Spot
We recently published a list of . In this article, we are going to take a look at where Elastic NV. (NYSE:ESTC) stands against other AI stocks on Wall Street's radar. On June 2nd, Citi analyst Tyler Radke lowered the price target on Elastic NV. (NYSE: ESTC) to $125.00 (from $160.00) while maintaining a 'Buy' rating. The price target cut follows Elastic's mixed fourth quarter results, particularly weak performance in the federal sector that led to a smaller-than-expected earnings beat. The initial guidance for fiscal year 2026 was also slightly below expectations, with analysts hinting at the Chief Financial Officer's commentary related to a potential (further) deterioration in the macroeconomic environment beyond what Elastic has experienced as yet. A group of software engineers working in an open, futuristic office. Citi analysts further observed that net revenue retention (NRR) and billings growth remained stable for Elastic in comparison to the previous quarter, reflecting underlying growth in the mid-to-high teens. As such, the company has the potential to exceed its guidance, they noted. They further adjusted their estimates down by two percentage points. However, they remain optimistic about the stock due to reasonable enterprise value to free cash flow multiples and the likelihood of increased monetization of Generative AI, justifying the buy rating. Elastic N.V. is a search AI company offering cloud-based solutions. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Elastic NV (ESTC) Q4 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Total Revenue: $388 million, 16% growth year-over-year. Subscription Revenue: $362 million, 16% growth as reported, 17% in constant currency. Elastic Cloud Revenue: 23% growth as reported and in constant currency. Non-GAAP Operating Margin: 15% for Q4 and fiscal year 2025. Adjusted Free Cash Flow Margin: 19% for fiscal year 2025. CRPO (Current Remaining Performance Obligations): Approximately $1 billion, 18% growth year-over-year. Customers with >$1 Million ACV: Grew approximately 27%, with 45 net new customers added. Customers with >$100,000 ACV: Grew approximately 14%, with 180 net new customers added. Q1 Fiscal 2026 Revenue Guidance: $396 million to $398 million, 14% year-over-year growth at midpoint. Fiscal Year 2026 Revenue Guidance: $1.655 billion to $1.67 billion, 12% year-over-year growth at midpoint. Fiscal Year 2026 Non-GAAP Operating Margin Guidance: Approximately 16%. Q1 Fiscal 2026 Non-GAAP EPS Guidance: $0.41 to $0.43. Fiscal Year 2026 Non-GAAP EPS Guidance: $2.24 to $2.32. Warning! GuruFocus has detected 2 Warning Sign with ESTC. Release Date: May 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Elastic NV (NYSE:ESTC) achieved a strong quarter with a 16% revenue growth and a 23% increase in Elastic Cloud revenue. The company exceeded guidance across all revenue and profitability metrics, demonstrating platform strength. Elastic NV (NYSE:ESTC) ended FY25 with more than 1,510 customers spending over $100,000, and over 210 customers with more than $1 million in committed annual contract value. The company secured significant deals, including an eight-figure expansion with a global financial institution and a multiyear seven-figure deal with an international banking group. Elastic NV (NYSE:ESTC) continues to see strong adoption of its GenAI applications, with over 2,000 Elastic Cloud customers using it for GenAI use cases. Elastic NV (NYSE:ESTC) faced pressure in the US public sector, impacting sales cycles, particularly in federal civilian agencies. The company is approaching FY26 guidance with prudence due to potential macroeconomic uncertainties. There is a noted sequential headwind due to fewer days in Q4, affecting revenue comparisons. Despite strong performance, the company acknowledges potential uncertainty amidst evolving macro conditions. Elastic NV (NYSE:ESTC) is seeing slower sequential cloud growth in fiscal Q1, attributed to seasonal patterns and consumption headwinds. Q: Navam, the guidance seems conservative. Is it more conservative than past guidance, and what metrics are the best indicators of the business's health? A: Navam Welihinda, CFO: We had a strong Q4 despite US public sector pressure. The guidance reflects a balance between positive demand signals and macro uncertainty. We extrapolated US public sector pressure to the entire business and assumed more consumption headwinds in Q2 through Q4. The best measure of our business remains revenue, with subscription revenue less monthly cloud and CRPO as useful supplemental metrics. Q: Ash, can you discuss the recent partnerships with AWS, NVIDIA, and others? How do these partnerships impact Elastic's market position and go-to-market strategy? A: Ashutosh Kulkarni, CEO: We are being recognized as a leading vector database, working with hyperscalers to be a top third-party service. The NVIDIA partnership extends beyond cloud, allowing enterprises to deploy AI solutions internally. These partnerships enhance our marketplace presence, enabling customers to use EDP commitments to purchase Elastic Cloud, and are crucial for our growth. Q: Ash, what's your view on the adoption of retrieval-augmented generation (RAG) architectures, and how is Elastic positioned in this space? A: Ashutosh Kulkarni, CEO: RAG is essential for providing real-time context to language models, especially as enterprise data is dynamic and large. Elastic's vector database is crucial for retrieval in RAG architectures, and we are seeing strong adoption across various use cases, indicating RAG's durability and Elastic's strong positioning. Q: Can you elaborate on the cloud performance this quarter and any factors affecting sequential growth? A: Navam Welihinda, CFO: Cloud performance was strong, but Q4 has three fewer days than other quarters, impacting consumption. When normalized for days, cloud growth is in the mid-20s. We are seeing emerging seasonal patterns, with Q1 typically showing lower sequential growth due to consumption patterns. Q: Ash, how are the go-to-market changes from last year impacting fiscal year '26, and what are the next steps? A: Ashutosh Kulkarni, CEO: The territory changes have settled and are paying off, with significant growth in our $1 million customer cohort. We are not planning major changes for FY26 but will continue hiring sales capacity and adding security sales specialists to capture more of the security platform consolidation opportunity. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
