Tag

Elastic

All articles tagged with #elastic

AI Revolution Fuels Upgrades for Snowflake, Elastic, and Palantir

Originally Published 1 year ago — by Investor's Business Daily

Snowflake and Elastic received upgrades from Wedbush analyst Daniel Ives, who highlighted the growing importance of software in the AI sector. Ives raised his ratings for both companies to outperform, citing their potential to capitalize on AI use cases. Snowflake is expected to benefit significantly over the next 12 to 18 months, while Elastic is poised to leverage its platform approach amid rising AI demand. The upgrades reflect a broader shift in focus from hardware to software in the AI industry, with new price targets set for both companies.

business business ai business elastic snowflake software wallstreet

"Wall Street Analysts Predict 139% and 332% Sales Growth for Two Growth Stocks in 5 Years"

Originally Published 2 years ago — by The Motley Fool

Wall Street analysts are predicting significant sales growth for two growth stocks, Cloudflare and Elastic, over the next five years. Cloudflare, a provider of cloud services, is expected to see sales growth of 332% as it expands its offerings in developer services and zero-trust security. Elastic, a data analytics company, is forecasted to experience sales growth of 139% as it leverages its strong market presence in workplace search to cross-sell its Observability and Security products. Both stocks are considered to have reasonable valuations and present opportunities for investors in the bull market.

business finance bull-market cloudflare elastic finance growth-stocks sales-growth