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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貝雅分析師Shrenik Kothari維持$Elastic (ESTC.US)$買入評級，維持目標價135美元。
根據TipRanks數據顯示，該分析師近一年總勝率為81.5%，總平均回報率為27.1%。
此外，綜合報道，$Elastic (ESTC.US)$近期主要分析師觀點如下：
Elastic在第二季度的表現超出了市場普遍的預期，可能會在投資者中產生積極的情緒。這種改善是在該公司似乎已經成功完成了第一季度啓動的上市變革之際出現的。隨着今年進入下半年，Elastic的前景表明，前景樂觀。
在經歷了強勁的第二季度之後，從先前的市場進入挑戰中出現了明顯的復甦。最近一個季度顯示預訂量和賬單增長加快，生成式人工智能的貢獻也在增加。分析師指出，生成式人工智能似乎正在振興公司的基礎搜索業務，並預計執行問題解決後將繼續保持積極的業績，未來的預測似乎持謹慎樂觀態度。
該公司最近的季度業績表明，儘管仍存在一定程度的風險，但其銷售部門內部的重組產生的破壞性影響可能小於最初的預期。此外，鑑於公司運營的基因人工智能、安全和可觀察性等充滿活力的領域，到25財年末總收入增長10％-13％的預測雖然謹慎並納入了各種保守的估計，但缺乏靈感。
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