- Elastic has laid a compelling strategy to expand the capabilities of its offerings.
- It provides unique solutions to solve problems across its major operating segments.
- While competitive pressure looms large, the leadership team's technical expertise and the ease of raising capital to fund new initiatives solidifies my conviction in Elastic's growth.
- I expect occasional billings volatility as it scales its SaaS business.
- Overall, I rate Elastic a long-term buy given multiple tailwinds to its operating units.
For further details see:
Elastic: Why You Should Bet On Search