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Snowflake, Elastic rise
Snowflake, Elastic rise as Wedbush upgrades due to AI revolution hitting 'next phase'
Snowflake (NYSE:SNOW) and Elastic (NYSE:ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies on the belief that the artificial intelligence revolution is "hitting the next phase.
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector. The analyst projects a monumental shift driven by generative AI adoption,
Snowflake’s stock upgraded as AI ‘revolution’ hits its ‘next gear’ with software, one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
2d
Here's Why Elastic Stock Popped Again Today
Enterprise software company Elastic (NYSE: ESTC) reported financial results for its fiscal second quarter of 2025 last week ...
11h
on MSN
Elastic N.V. (ESTC) Surges: AI-Powered Growth and Analyst Optimism Drive Stock Higher
We recently published a list of 15 AI News Updates Wall Street Is Monitoring. In this article, we are going to take a look at ...
1d
Elastic: A Stretchable Rally? Reiterating Buy For The Brave Hearted
Elastic’s growth in AI boosts its position in the market. Read why ESTC stock's midterm potential is strong, but timing is ...
5d
Watch These Elastic Stock Price Levels After Post-Earnings Surge
Elastic handily surpassed Wall Street’s earnings expectations and lifted its outlook, sending shares in the enterprise data ...
6d
Elastic shares surge 16% as company beats quarterly earnings and revenue expectations
Shares of Elastic N.V. jumped more than 16% in late trading today after the enterprise search software company solidly beat earnings and revenue expectations in its fiscal 2025 se ...
5d
Elastic Q2 Earnings: A Bullish Case For Growth And Profitability
Elastic's recent earnings report exceeded expectations, leading to a 25% share price jump and promising near-term prospects ...
5d
Elastic’s Strong Q2 Performance and GenAI Momentum Justify Buy Rating Despite Cautious Guidance
William Blair analyst Jake Roberge has maintained their bullish stance on ESTC stock, giving a Buy rating today.Don't Miss our Black Friday ...
5d
Why Elastic Stock Flew Higher Today
Shares of enterprise software company Elastic (NYSE: ESTC) flew higher on Friday after it reported financial results for its ...
Analytics India Magazine
2d
Elastic Unveils AI Ecosystem to Simplify GenAI Application Development
The Elastic AI Ecosystem includes integrations with top players including Amazon Web Services, Anthropic's Claude, Microsoft, ...
5d
Elastic’s Revenue Growth Amid Execution Challenges and Market Uncertainties: A Hold Rating Perspective
Monness analyst Brian White has maintained their neutral stance on ESTC stock, giving a Hold rating today.Don't Miss our Black Friday ...
5d
on MSN
Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround'
Elastic's (NYSE:ESTC) stock soared about 25% premarket on Friday after a fiscal second quarter beat and raised outlook, which ...
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