5/30/24 - vrockstar - 
ESTC - careful here. burning a post to warn that this 10x sales valuation but ~20% pa growth and no opex flex + a ton of stock comp obscuring true FCF generation are the factors that are getting murdered in this tape. the stock has been an unlikley winner since struggling v. the Q's for some time. the options chain is defn pricing in a lot of volatility and many are hedging quite expensive (for good reason in the 80s handle). don't think this is one that beats and rips much further than low 100s and downside is probably 2x the upside here.
caution.
ESTC - careful here. burning a post to warn that this 10x sales valuation but ~20% pa growth and no opex flex + a ton of stock comp obscuring true FCF generation are the factors that are getting murdered in this tape. the stock has been an unlikley winner since struggling v. the Q's for some time. the options chain is defn pricing in a lot of volatility and many are hedging quite expensive (for good reason in the 80s handle). don't think this is one that beats and rips much further than low 100s and downside is probably 2x the upside here. caution.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.