Elastic NV (ESTC) in Artisan Global Discovery Fund Q2 2024

Driving Innovation in Search and Data Analytics

Apr 15, 2025

Summary

Leader in search and data analytics solutions with a focus on open-source technology.
Benefiting from increasing demand for data-driven insights and analytics.
Risks include competitive pressures and rapid technological advancements.
Recent performance reflects a 1.0% allocation in the fund, highlighting innovation potential.
Future outlook is strong with expanding applications in enterprise search and data analytics.

Elastic NV (ESTC, Financial) was featured in the Artisan Global Discovery Fund Q2 2024 commentary as a key player in the search and data analytics industry. The company's focus on open-source technology and data-driven insights aligns with the growing demand for innovative solutions in data analytics, making it a strategic fit for the fund's investment criteria.

"Elastic NV's innovative approach to search and data analytics and its strategic focus on open-source technology position it well to capture growth opportunities in the data-driven economy. The company's commitment to delivering cutting-edge solutions supports its long-term growth prospects." — Artisan Global Discovery Fund Q2 2024 Commentary

Read full letter at gurufocus artisan global discovery fund q2 2024 commentary 2024 Q2 page.

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