Elastic launches GPU-accelerated inference service for AI workflows
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TD on Elastic NV. (ESTC) Post Mgmt Meet: 'Mgmt outlined a better-than-expected medium-term framework, with 15%+ sales-led subs growth & 5%+ GenAI tailwinds'
October 10, 2025 7:15 AM EDTTD Cowen analyst Andrew Sherman reiterated a Hold rating and $105.00 price target on Elastic NV. (NYSE: ESTC).
The analyst comments "We attended ESTC's user conference & analyst day in NYC. Mgmt outlined a better-than-expected medium-term framework, with 15%+ sales-led subs growth & 5%+ GenAI tailwinds, for a 20%+... More
William Blair Comments on Elastic NV. (ESTC) Post Mgmt Meet: 'The company expects full-year fiscal 2026 revenue growth of 15% (up from 14% prior)'
October 10, 2025 7:13 AM EDTWilliam Blair analyst Jake Roberge reiterated an Outperform rating and {REMOVEPT} price target on Elastic NV. (NYSE: ESTC).
The analyst comments "We attended Elastics investor day and customer conference, where the company made several new product announcements and released updated financial targets. We left the conference positive about Elastics positioning in the AI and search landscape (the companys fastest-growing solution set) and its opportunity to continue gaining share in the observability and security markets. Management highlighted the large expansion opportunity... More
