Elastic: Expectations And Competition Intensify Before Earnings

Top view of laptop with text Elasticsearch, which is Elastic’s flagship data product. Maria Vonotna/iStock via Getty Images Elastic N.V. (NYSE:ESTC), often underestimated within the AI sector, boasts a stellar product. Nevertheless, following a 50% surge in price since the last earnings report, coupled with less optimistic signals from other software peers and heightened competition,…

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