ESTC Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Elastic's integration of AI and cloud solutions boosts adoption, expanding revenue streams. Favorable term structure indicates potential stability, supporting bullish sentiment.




Bearish Case: Competitive pressures and declining prices over recent months suggest vulnerabilities. Elevated implied volatility indicates market concern, raising risks for ESTC's near-term trajectory.




Potential Outcomes:
1. 50%: AI and cloud growth drive revenues.

2. 30%: Competition limits growth; volatility persists.

3. 20%: Innovation breakthroughs affect positively.



May 20, 2025


Elastic Forecast

ESTC        Elastic











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BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.77)


ALLY Forecast + Options Trading Strategies   ALLY  Ally Financial (0.72)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.7)


OUST Forecast + Options Trading Strategies   OUST  Ouster (0.69)



Uncorrelated Assets

Assets with little price relationship to ESTC



UPST Forecast + Options Trading Strategies   UPST  Upstart (0.0)


SIRI Forecast + Options Trading Strategies   SIRI  Sirius XM (-0.01)


JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.01)


CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (0.01)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ESTC



O Forecast + Options Trading Strategies   O  Realty Income (-0.54)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (-0.55)


NGG Forecast + Options Trading Strategies   NGG  National Grid (-0.64)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (-0.64)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.75)









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