Elastic is positioned as a core AI infrastructure enabler, integrating search, observability, and security in a unified data platform. Elastic's mid-teens revenue growth, NRR, raised guidance, and $500M buyback signal resilient demand from customers. ESTC's AI relevance supports enterprise AI production use cases and deepening cloud ecosystem partnerships.
Assenagon Asset Management S.A. decreased its stake in shares of Elastic N.V. (NYSE: ESTC) by 68.2% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund owned 189,169 shares of the company's stock after selling 406,313 shares during the period. Assenagon Asset Management S.A. owned 0.18%
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that it is partnering with the Cybersecurity and Infrastructure Security Agency (CISA) to develop a unified Security Information and Event Management as-a-Service (SIEMaaS) offering, using Elastic Security on Elastic Cloud. The new SIEMaaS will help to strengthen the security posture of U.S. federal civilian agencies by standardizing security data collection across agencies, enabling real-time threat detectio.
Elastic is experiencing robust GenAI adoption, particularly among large enterprise customers, supporting a reiterated buy rating. Serverless architecture and search AI Lake decouple storage from compute, lowering barriers to data consolidation and driving stickier, usage-based monetization. ESTC Cloud growth (~22% in Q2) is set to accelerate overall revenue, yet the market undervalues this inflection relative to historical multiples.
Elastic N.V. (NYSE: ESTC - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twenty-nine brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and seventeen have given a buy recommendation to the company. The
Baird Financial Group Inc. cut its holdings in shares of Elastic N.V. (NYSE: ESTC) by 72.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,080 shares of the company's stock after selling 102,929 shares during the quarter.
Elastic N.V. (ESTC) Presents at Barclays 23rd Annual Global Technology Conference Transcript
Elastic NV (NYSE: ESTC) makes strategic investment in Siren, an investigations software company, to enhance their partnership.
GALWAY, Ireland--(BUSINESS WIRE)---- $ESTC #AIForGood--Siren, the all-in-one investigation company, today announced a strategic investment from Elastic (NYSE: ESTC), the company behind Elasticsearch. The investment deepens a decade-long partnership between the two companies and accelerates development of Siren's AI-driven platform, including Siren's newly launched K9 AI Companion, used by national security, law enforcement, and financial crime agencies worldwide. The partnership combines the Elasticsearch Platform,.
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced today that it has achieved the Amazon Web Services (AWS) Agentic AI Specialization, a new category launched within the AWS AI Competency. This specialization recognizes Elastic as an AWS Partner that enables customers to deploy smart, self-operating AI systems that can process, plan, and work independently to execute complex business processes. The AWS AI Specialization in Agentic AI distinguishes Elastic as.