SAN DIEGO, Feb. 12, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Elastic N.V. (NYSE: ESTC) securities between May 31, 2024 and August 29, 2024. Elastic describes itself as "the Search AI [artificial intelligence] Company[.]" For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that Elas ...

NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Elastic N.V. (NYSE: ESTC) between May 31, 2024 and August 29, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 14, 2025.So what: If you purchased Elastic securities during the Class Period you may be en ...

ATLANTA, Feb. 12, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Elastic N.V. (“Elastic” or the “Company”) (NYSE: ESTC). The lawsuit alleges that Defendants made false and/or misleading statements and/or failed to disclose adverse facts regarding Elastic’s business, operations, and prospects, including allegations that: (i) Elastic had implemented significant changes to its sales operations, particularly with respect to its customer segments in the Americas; (ii) the fore ...

SAN DIEGO, Feb. 12, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Elastic class action lawsuit seeks to represent purchasers or acquirers of Elastic N.V. (NYSE: ESTC) securities between May 31, 2024 and August 29, 2024, inclusive (the "Class Period").  Captioned Lucid Alternative Fund, LP v. Elastic N.V., No. 25-cv-00785 (E.D.N.Y.), the Elastic class action lawsuit charges Elastic and certain of Elastic's top executives with violations of the Securities Exchange Ac ...

SAN DIEGO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the Elastic class action lawsuit seeks to represent purchasers or acquirers of Elastic N.V. (NYSE: ESTC) securities between May 31, 2024 and August 29, 2024, inclusive (the “Class Period”). Captioned Lucid Alternative Fund, LP v. Elastic N.V., No. 25-cv-00785 (E.D.N.Y.), the Elastic class action lawsuit charges Elastic and certain of Elastic’s top executives with violations of the Securities Exchange Act of 1934. If ...

Company Performance - Elastic (NYSE: ESTC) experienced a valuation reset over the past year, with a post-FQ1 slump followed by a rapid jump driven by strong FQ2 2024 results [1] - The stock has been volatile, which may have frustrated some investors [1] Analyst Perspective - The author focuses on growth opportunities in technology-related sectors, analyzing fundamentals driven by current and future trends [1] - The author manages a personal portfolio of tech-related securities that has consistently outperformed the market [1]

Elastic (ESTC) shares have climbed 20.5% over the past three months, outperforming the Zacks Computer and Technology sector, Zacks Internet - Software industry and the S&P 500 index’s appreciation of 2.4%, 4.2% and 0.9%, respectively.This strong performance highlights investor confidence in Elastic’s position in the data analytics space that provides innovative and secure artificial intelligence (AI)-powered search solutions. With such an outperformance, investors must be wondering – Is ESTC stock still wor ...

Elastic (ESTC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changing ...

After reaching an important support level, Elastic (ESTC) could be a good stock pick from a technical perspective. ESTC surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.The 20-day moving averag ...

Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .We picked up our coverage of Elastic (NYSE: ESTC ) in late October at a stock price of $77.61 per share based on our belief that there was a buying opportunity for Elastic at current levels after managementAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any ...