Should You Buy, Sell or Hold This Mid Cap Stock-ESTC

Acrobull Canada Advisory Inc.

July 09			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Elastic N.V	ESTC-NYSE	Technology		$9.083 Billion	Medium

Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Recent Highlights

Estimates for ESTC (Elastic N.V.) have been strong recently, with the company continuing to expand its cloud-based search and data analytics solutions. Their Q1 2025 earnings report showed solid growth in revenue and customer base, driven by increased adoption of Elastic Search, Elastic Enterprise Search, and Elastic Observability.

Additionally, Elastic's strategic focus on artificial intelligence and machine learning to enhance its core offerings has positioned it well in the competitive landscape.

First Quarter 2025 Highlights

Elastic's total revenue for the quarter was $388 million, reflecting a 16% year-over-year growth, both as reported and on a constant currency basis.

Elastic Cloud revenue reached $182 million, representing a 23% year-over-year increase, both as reported and on a constant currency basis.
The company reported a GAAP operating loss of $12 million, with a GAAP operating margin of -3% for the quarter.

Non-GAAP operating income was $60 million, resulting in a non-GAAP operating margin of 15% for the reported period.

GAAP net loss per share came in at $0.16, while non-GAAP diluted earnings per share were $0.47 for the quarter.

Stock Observation- Acquired Keep Alerting Ltd, an open source AIOps platform that unifies alerts and automates incident remediation, helping users manage alerts to improve operational efficiency and service reliability, Announced a collaboration with NVIDIA to bring Elasticsearch as a recommended vector database for the NVIDIA Enterprise AI Factory and to deliver GPU-accelerated indexing and vector search on Elasticsearch.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$86.07 USD
Acrobull Recommendation	Buy at $84.25
Target Price	$94.25 USD
RSI Level	14 Day RSI 49
Total Shares Outstanding	105.53 Million
Shares held by Insiders Shares held by Institutions Risk Factor Stop Loss	13.18% 84.96% Medium 5%