🟢 Elastic is trading 22% up today after raising fiscal 2027 guidance

Elastic is trading at $102.54 (+22.45%) after an earnings beat and raised fiscal 2027 guidance.

• Fiscal Q1 2027 revenue reached $478 million, exceeding analyst expectations; adjusted EPS was $0.70 versus $0.58 consensus.
• Management raised full-year revenue guidance to $1.998–$2.010 billion and non-GAAP EPS guidance to $3.29–$3.37, both above prior outlook and consensus.
• Sales-led subscription revenue grew 18%, reinforcing confidence in AI-driven demand and customer momentum.