The Latest Breaking News from ESTC

Elastic crushed earnings with record revenue and strong AI demand, yet shares dipped 8%. But analysts still see nearly 40% upside, so get excited.

These three AI powerhouses are flying under Wall Street's radar but analysts believe they could be the next big AI winners in 2025.

After a turbulent start to 2024 for enterprise software stocks, here are two standout software players that Citi analysts believe are worth buying on the dip.

The Nasdaq marked a record close, led by AI chip giant AMD. Dell led big earnings movers overnight. Here's what to do now.

Futures pointed to further losses as China GDP data hit global markets. Tesla cut prices again, this time in Europe.

Broadcom and MercadoLibre are among stocks trading around buy points as the market rally shows resilience.

ESTC stock surged late Thursday after data search company Elastic reported adjusted EPS of 37 cents and $311 million in sales.

With organizations embracing innovative software solutions across diverse business functions globally, the software industry is poised for sustained and steady growth. Hence, fundamentally sound software stocks Palantir Technologies (PLTR), Elastic (ESTC), and Smartsheet (SMAR), with massive growth potential, might be ideal additions to one’s watchlist. Read more.

Elastic (NYSE:ESTC) is set to give its latest quarterly earnings report on Wednesday, 2022-06-01. Here's what investors need to know before the announcement. Analysts estimate that Elastic will report an earnings per share (EPS) of $-0.22.