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home / news releases / ESTC - Elastic N.V. initiated at Buy due to AI search opportunity: UBS


ESTC - Elastic N.V. initiated at Buy due to AI search opportunity: UBS

2024-05-22 09:08:51 ET

"We spoke with 20+ customers, partners and industry experts and conclude that Elastic has a better AI opportunity than is currently priced into the stock at 6.9x CY25E revenues," said UBS analysts Austin Dietz and Karl Keirstead, in a note.

For further details see:

Elastic N.V. initiated at Buy due to AI search opportunity: UBS
Stock Information

Company Name: Elastic N.V.
Stock Symbol: ESTC
Market: NYSE
Website: elastic.co

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