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Snowflake, Elastic rise
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, 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 Upgraded As Wall Street Analyst Cites Emerging AI Battlefield
Snowflake and Elastic were upgraded Sunday by a Wall Street analyst who cited an emerging battlefield in AI: software.Wedbush analyst Daniel Ives raised his ratings for the software companies from to outperform from neutral which he said reflects an "increased bullishness" on the AI trend.
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.
1d
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 ...
18h
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
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 ...
4d
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 ...
4d
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 ...
1d
Elastic upgraded to Outperform from Neutral at Wedbush
Wedbush upgraded Elastic to Outperform from Neutral with a $135 price target It is time for the broader software space “to get in on the AI ...
Analytics India Magazine
1d
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 jumps following 18% revenue gain, increases full-year outlook
Elastic jumped 15% after it released its second quarter fiscal 2025 financial results after the markets closed on Thursday. Read more here.
4d
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 ...
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