Elastic Introduces Better Binary Quantization Technique in Elasticsearch
Elastic N.V. Ordinary Shares (ESTC)
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm
Check Earnings Report
Company Research
Source: Business Wire
Developers using Elasticsearch to store vectorized data now benefit from 95% reduction in required memory SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Better Binary Quantization (BBQ) in Elasticsearch. BBQ is a new quantization approach developed from insights drawn from a technique proposed by researchers at Nanyang Technological University Singapore called RaBitQ. Elastic’s BBQ is a distinct evolution of the ideas presented in the RaBitQ paper. It delivers advancements in quantization for Lucene and Elasticsearch, offering high-ranking quality while achieving a 95% memory reduction and similar storage offered by scalar quantization.“Elasticsearch is evolving to become one of the best vector databases in the world, and we see our users wanting to put more and more vectorized data in it,” said Ajay Nair, general manager, Platform at Elastic. Better Binary Quantization is our latest innovation to reduce the resources needed to store vectoriz
Show less
Read more
Impact Snapshot
Event Time:
ESTC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESTC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESTC alerts
High impacting Elastic N.V. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
ESTC
News
- Elastic (NYSE: ESTC) had its price target raised by analysts at Oppenheimer Holdings Inc. from $125.00 to $140.00. They now have an "outperform" rating on the stock.MarketBeat
- Elastic (NYSE: ESTC) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Elastic (NYSE: ESTC) had its price target raised by analysts at Bank of America Co. from $94.00 to $120.00. They now have a "neutral" rating on the stock.MarketBeat
- Elastic (NYSE: ESTC) was upgraded by analysts at Robert W. Baird from a "neutral" rating to an "outperform" rating. They now have a $135.00 price target on the stock, up previously from $95.00.MarketBeat
- Elastic (ESTC) Q2 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
ESTC
Earnings
- 11/21/24 - Beat
ESTC
Sec Filings
- 11/21/24 - Form 8-K
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- ESTC's page on the SEC website