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2024-05-30 16:21:19 ET More on Elastic Elastic: Chasing The Narrative Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full Elastic Q4 2024 Earnings Preview Elastic N.V. initiated at Buy due to AI search opportunity: UBS See...
Q4 Revenue of $335 million, up 20% year-over-year (20% in constant currency) Q4 Elastic Cloud Revenue of $148 million, up 32% year-over-year (32% in constant currency) FY24 Revenue of $1.267 billion, up 19% year-over-year (18% in constant currency) Elastic (NYSE: ESTC)...
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2024-05-29 17:35:25 ET More on Elastic Elastic: Chasing The Narrative Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full Elastic N.V. (ESTC) Q3 2024 Earnings Call Transcript Elastic N.V. initiated at Buy due to AI search opportun...
2024-05-26 08:00:00 ET More on related stocks: After Doubling, A Downgrade For DICK'S Sporting Goods Is Prudent Salesforce: A Strong Buy Before Q1 Earnings Digital Turbine Q4 Earnings Preview: Potential Inflection Point Gap expected to surprise Wall Street wi...
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. Read the full...
Developers can now natively use the Elasticsearch vector database to store and utilize embeddings from models hosted on Azure AI Studio Elastic (NYSE: ESTC) today announced the Elasticsearch open inference API supports integration with the model catalog hosted in Microsoft Azure...
2024-05-22 05:30:04 ET UBS analyst issues BUY recommendation for ESTC on May 22, 2024 02:00AM ET. The previous analyst recommendation was Neutral. ESTC was trading at $109.4 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst ...
Benchmarking in preview provides up to 37% better performance on Microsoft Cobalt 100 Arm-based VMs Elastic (NYSE: ESTC), today announced new Elasticsearch benchmarking on the preview of Azure Cobalt 100 Arm-based virtual machines. This resulted in up to 37% higher throughput perfor...
Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2024 ended April 30, 2024 after the U.S. market close on Thursday, May 30, 2024. The company will host a conference call at 2:00 p.m. PT/ 5...
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Developers now have more LLMs to choose from when iterating and building production-ready RAG applications Elastic (NYSE: ESTC) announced support for Amazon Bedrock-hosted models in Elasticsearch Open Inference API and Playground . Developers now have the flexibility to ...
Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that it will conduct a live webcast on July 17, 10:00 AM PT. Santosh Krishnan, GM of Elastic Security will discuss Elastic’s security solution, with participation from an Elastic partner. Koji Ikeda, Sr. Resea...
A new interface enables developers to iterate and build RAG applications for A/B testing LLMs, tuning prompts and chunking data Elastic (NYSE: ESTC), the Search AI Company, announced Playground, a low-code interface that enables developers to build RAG applications using Elasticsear...