Barclays analyst Raimo Lenschow maintains $Elastic (ESTC.US)$ with a buy rating, and adjusts the target price from $105 to $138.
According to TipRanks data, the analyst has a success rate of 54.5% and a total average return of 4.0% 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 stronger than expected results in Q2 could set an optimistic tone for investors as it seems to have successfully navigated its go-to-market changes from Q1. The outlook for the company suggests a promising setup for the latter half of the year.
Following a pronounced improvement in the second quarter, marked by an uptick in bookings and billings growth, as well as an increasing contribution from generative artificial intelligence, Elastic displayed a significant recovery from initial marketing strategy missteps experienced in the first quarter. It is suggested that generative AI is spearheading a rejuvenation in the company's foundational search business, and with prior execution challenges addressed, the outlook remains promising albeit conservative.
The "much better" quarterly results for Elastic suggest that the changes to the sales organization may not have been as disruptive as previously anticipated, though they continue to pose a potential risk. The company's revised projections for FY25, indicating a revenue growth of 10%-13% year over year by the end of FY25, are perceived as cautious and somewhat understated given the dynamic sectors of gen-AI, security, and observability in which Elastic operates.
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巴克萊銀行分析師Raimo Lenschow維持$Elastic (ESTC.US)$買入評級，並將目標價從105美元上調至138美元。
根據TipRanks數據顯示，該分析師近一年總勝率為54.5%，總平均回報率為4.0%。
此外，綜合報道，$Elastic (ESTC.US)$近期主要分析師觀點如下：
Elastic在第二季度強於預期的業績可能會爲投資者定下樂觀的基調，因爲它似乎已經成功地應對了自第一季度以來的市場走向。該公司的前景表明，下半年的佈局前景看好。
繼第二季度出現明顯改善之後，Elastic顯示出從第一季度出現的初始營銷策略失誤中顯著復甦，其標誌是預訂量和賬單增長的回升，以及生成式人工智能的貢獻不斷增加。有人認爲，生成式人工智能正在帶頭振興公司的基礎搜索業務，隨着先前的執行挑戰得到解決，儘管保守，前景仍然樂觀。
Elastic的季度業績 「好得多」 表明，銷售組織的變革可能沒有先前預期的那麼具有破壞性，儘管它們繼續構成潛在風險。該公司修訂後的25財年預測顯示，到25財年末，收入將同比增長10％-13％，鑑於Elastic所處的基因人工智能、安全和可觀察性等充滿活力的領域，該預測被認爲是謹慎的，而且有些低調。
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