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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced new performance and cost-efficiency breakthroughs with two significant enhancements to its vector search. Users now benefit from ACORN, a smart filtering algorithm, in addition to Better Binary Quantization (BBQ) as the default for high-dimensional dense vectors. These capabilities improve both query performance and ranking quality, providing developers with new tools to build scalable, high-performance AI ap.

businesswire.com 2025 Jul 30
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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced a major update to the Elasticsearch Query Language (ES|QL) in Elasticsearch 8.19 and 9.1, bringing advanced data enrichment, improved resilience, and significant performance gains across petabyte-scale environments. Already in use on over 10,000 clusters each week, ES|QL now supports enterprise-grade use cases with the general availability of LOOKUP JOIN and Cross-Cluster Search (CCS), a new default set.

businesswire.com 2025 Jul 30
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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced the winners and honorees of the 2025 Elastic Excellence Awards. These awards recognize groundbreaking achievements by organizations and individuals that are transforming their industries, communities, and businesses by unlocking the full potential of their data with Elastic's Search AI platform. “Our customers are using data to deliver powerful outcomes, from reshaping business models to securing critical inf.

businesswire.com 2025 Jul 28
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Elastic's fundamentals remain strong despite a recent stock price drop, creating a compelling buying opportunity as AI adoption continues to accelerate. ESTC is well-positioned to benefit from AI trends, with its leadership in vector search and growing cloud revenue likely to drive future growth. The company's conservative FY2026 guidance is likely overly cautious; I expect Elastic to beat estimates and see its valuation re-rate higher.

seekingalpha.com 2025 Jul 23
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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced it has been positioned by Gartner as a Leader in the Magic Quadrant for Observability Platforms for its offering, Elastic Observability. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. “Visibility alone isn't enough; customers need rapid context-rich insights to troubleshoot complex systems,” said Santosh Krishnan, general manage.

businesswire.com 2025 Jul 10
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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Cloud Hosted has achieved the Federal Risk and Authorization Management Program (FedRAMP) High "In Process" status on AWS GovCloud (US). This milestone reinforces Elastic's commitment to delivering secure and compliant solutions that support the U.S. Federal Government in safeguarding controlled unclassified information (CUI) and other sensitive, high-impact data across various mission-critical use ca.

businesswire.com 2025 Jul 08
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The mean of analysts' price targets for Elastic (ESTC) points to a 35.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

zacks.com 2025 Jun 30
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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that it has been named a Leader by Forrester Research in The Forrester Wave™: Security Analytics Platforms, Q2 2025. Elastic ranked highest in the Federated Search criterion and received the highest possible scores across 14 criteria, including Artificial Intelligence, Analyst Experience, Investigation and Deployment options. According to Forrester Principal Analyst and report author Allie Mellen, “Elastic is.

businesswire.com 2025 Jun 24
ESTC Stock News Image - seekingalpha.com

Elastic stands out as a "growth at a reasonable price" investment with mid-teens growth, strong retention, and trades at under 5x revenue, making it attractive after a recent 15% pullback. Its valuation sits well below other 10-15% growth peers in enterprise software, such as Salesforce and Workday. Elastic's FY26 guidance is conservative, but historical outperformance and robust customer metrics suggest the market is overly pessimistic.

seekingalpha.com 2025 Jun 11
ESTC Stock News Image - zacks.com

The mean of analysts' price targets for Elastic (ESTC) points to a 30.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

zacks.com 2025 Jun 06
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