Elastic (ESTC) Stock: This Search Company Is Growing Faster Than You Think
Автор: Michael Wiggins De Oliveira
Загружено: 2021-10-06
Просмотров: 567
Описание:
Elastic is growing at 35% CAGR this fiscal year. Further, as Elastic Cloud continues to grow in scale, it will soon account for half of Elastic's total revenues. Elastic's profitability continues to move in the right direction and will soon reach non-GAAP breakeven. This SaaS stock is cheaply priced at 14x next year's revenues.
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