Elastic's current share price may not reach its intrinsic value soon due to its low beta. Given the negative growth outlook, it might be time to de-risk your portfolio. However, other factors like management's track record haven't been considered.
Elastic's Q3 results outperformed estimates but saw slowing customer growth and declining retention rates. Despite a decent quarter, the stock fell 14%. Future performance should consider its valuation, business qualities, and recent results.
Confluent's revenue growth outpaced peers but its full-year guidance was weakest. Teradata's quarter was decent, but missed Wall Street's income and cash flow estimates. C3.ai's quarter was weak with disappointing next quarter revenue guidance. Elastic had a mixed quarter with a decent revenue beat but slowing customer growth.
Insider sales at lower prices could indicate insiders lack confidence in price valuation. The absence of insider buying over the past year hints at a lack of faith in future business performance.
Nowinski optimistic about generative AI and more driving revenue re-acceleration. 'Buy' rating from analysts, justifying the stock's 5.8 multiple based on long-term growth.
Morning Movers Gapping up $UiPath(PATH.US)$shares surged more than 14% after-hours today after the AI company reported better-than-expected results for the third quarter. EPS of $0.12 came in better than the consensus estimate of $0.07. Revenue grew 24% year-over-year to $326 million, beating the consensus estimate of $315.61M. Bank of America analysts raised the price target by $4 to $26 per share. $Elastic(ESTC.US)$share...
Recently, Elastic appears to have favourable sentiment due to the improvement in their TSR, suggesting that the business is improving over time. However, there are other factors that need to be considered in order to fully understand the business performance.
Brian White envisages Elastic (ESTC) profiting from tech trends, margin growth, and portfolio monetization including Elastic Cloud. Recent AWS partnership is seen as a boost for AI efforts, and positive trends in competitor Datadog (DDOG) were noted. White's revenue projection for Elastic is higher than its own estimate.
Elastic股票討論區
Shorted this
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Gapping up
$UiPath(PATH.US)$ shares surged more than 14% after-hours today after the AI company reported better-than-expected results for the third quarter. EPS of $0.12 came in better than the consensus estimate of $0.07. Revenue grew 24% year-over-year to $326 million, beating the consensus estimate of $315.61M. Bank of America analysts raised the price target by $4 to $26 per share.
$Elastic(ESTC.US)$ share...
That's a lot of $谷歌-C(GOOG.US)$ 👀
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