Elastic NV
ESTC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| DD | LOCK|Q^? | LOCK|?&J&CVL |
Elastic Earnings: Large Customer Additions Drive Growth Despite High AI-Search Expectations
Elastic posted decent fiscal second-quarter results, beating guidance on both top- and bottom-line metrics. However, concerns over slowing bookings growth and an acquisition by competitor Palo Alto sent shares lower.
