Baird analyst Shrenik Kothari maintains $Elastic (ESTC.US)$ with a buy rating, and maintains the target price at $135.
According to TipRanks data, the analyst has a success rate of 81.5% and a total average return of 27.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Elastic (ESTC.US)$'s main analysts recently are as follows:
Elastic's performance in Q2, which surpassed consensus expectations, is likely to create a positive sentiment among investors. This improvement comes as the company seems to have successfully navigated through its go-to-market changes initiated in Q1. The outlook for Elastic suggests a promising scenario as the year progresses into its latter half.
Following a robust second quarter, there has been an observable recovery from earlier go-to-market challenges. The recent quarter demonstrated heightened bookings and billing growth, along with an increasing contribution from generative artificial intelligence. Analysts note that generative AI appears to be revitalizing the company's foundational search operations and expect continued positive performance following the resolution of execution issues, with future projections appearing cautiously optimistic.
The company's recent quarterly performance suggests that the reorganization within its sales division may have had lesser disruptive effects than initially anticipated, though it retains some level of risk. Furthermore, the projection for overall revenue growth of 10%-13% by the end of FY25, while cautious and incorporating various conservative estimations, moderately lacks inspiration given the dynamic sectors of gen-AI, security, and observability in which the company operates.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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贝雅分析师Shrenik Kothari维持$Elastic (ESTC.US)$买入评级，维持目标价135美元。
根据TipRanks数据显示，该分析师近一年总胜率为81.5%，总平均回报率为27.1%。
此外，综合报道，$Elastic (ESTC.US)$近期主要分析师观点如下：
Elastic在第二季度的表现超出了市场普遍的预期，可能会在投资者中产生积极的情绪。这种改善是在该公司似乎已经成功完成了第一季度启动的上市变革之际出现的。随着今年进入下半年，Elastic的前景表明，前景乐观。
在经历了强劲的第二季度之后，从先前的市场进入挑战中出现了明显的复苏。最近一个季度显示预订量和账单增长加快，生成式人工智能的贡献也在增加。分析师指出，生成式人工智能似乎正在振兴公司的基础搜索业务，并预计执行问题解决后将继续保持积极的业绩，未来的预测似乎持谨慎乐观态度。
该公司最近的季度业绩表明，尽管仍存在一定程度的风险，但其销售部门内部的重组产生的破坏性影响可能小于最初的预期。此外，鉴于公司运营的基因人工智能、安全和可观察性等充满活力的领域，到25财年末总收入增长10％-13％的预测虽然谨慎并纳入了各种保守的估计，但缺乏灵感。
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