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Stock impact report

Elastic: AI Tailwinds And Undervalued [Seeking Alpha]

Elastic N.V. Ordinary Shares (ESTC) 
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Seeking Alpha
Financial flexibility is notable, with $1.39B cash, $0.57B debt, and a $500M share repurchase plan, enabling continued R&D and strategic acquisitions. Valuation models indicate Elastic is ~56.5% undervalued, with a fair value estimate of $108.8 and 16% revenue growth projected, justifying a stock position over options. Key risks include intense competition, especially in Security and Observability, and uncertainty around GenAI tailwinds and long-term margin assumptions. Supatman/iStock via Getty Images Article Thesis My last article about Elastic N.V. ESTC ), the leader in application search, was in August. I saw it undervalued, with about 30% potential upside from the stock price (~$74.5) to my Fair Value estimate at that This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ESTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receivi Show less Read more
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