Elastic (ESTC) Competitors

$106.26
+0.21 (+0.20%)
(As of 11:09 AM ET)

ESTC vs. DUOL, PATH, PCOR, DOCU, GEN, CFLT, SPSC, KVYO, BRZE, and CXM

Should you be buying Elastic stock or one of its competitors? The main competitors of Elastic include Duolingo (DUOL), UiPath (PATH), Procore Technologies (PCOR), DocuSign (DOCU), Gen Digital (GEN), Confluent (CFLT), SPS Commerce (SPSC), Klaviyo (KVYO), Braze (BRZE), and Sprinklr (CXM). These companies are all part of the "prepackaged software" industry.

Elastic vs.

Duolingo (NASDAQ:DUOL) and Elastic (NYSE:ESTC) are both business services companies, but which is the better business? We will contrast the two businesses based on the strength of their community ranking, media sentiment, analyst recommendations, profitability, valuation, institutional ownership, dividends, risk and earnings.

Duolingo has a net margin of 7.82% compared to Duolingo's net margin of 4.63%. Elastic's return on equity of 7.33% beat Duolingo's return on equity.

Company Net Margins Return on Equity Return on Assets
Duolingo7.82% 7.33% 5.14%
Elastic 4.63%-23.94%-6.51%

Duolingo has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500. Comparatively, Elastic has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500.

Elastic received 268 more outperform votes than Duolingo when rated by MarketBeat users. Likewise, 64.45% of users gave Elastic an outperform vote while only 41.25% of users gave Duolingo an outperform vote.

CompanyUnderperformOutperform
DuolingoOutperform Votes
33
41.25%
Underperform Votes
47
58.75%
ElasticOutperform Votes
301
64.45%
Underperform Votes
166
35.55%

Duolingo has higher earnings, but lower revenue than Elastic. Duolingo is trading at a lower price-to-earnings ratio than Elastic, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Duolingo$531.11M15.19$16.07M$0.97193.94
Elastic$1.07B10.00-$236.16M$0.46230.54

In the previous week, Duolingo had 60 more articles in the media than Elastic. MarketBeat recorded 69 mentions for Duolingo and 9 mentions for Elastic. Elastic's average media sentiment score of 0.61 beat Duolingo's score of 0.36 indicating that Duolingo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Duolingo
22 Very Positive mention(s)
7 Positive mention(s)
19 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

91.6% of Duolingo shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 19.9% of Duolingo shares are held by company insiders. Comparatively, 18.1% of Elastic shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Duolingo presently has a consensus target price of $244.63, suggesting a potential upside of 30.04%. Elastic has a consensus target price of $111.26, suggesting a potential upside of 4.92%. Given Elastic's higher possible upside, equities research analysts clearly believe Duolingo is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Duolingo
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
Elastic
0 Sell rating(s)
7 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Duolingo beats Elastic on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ESTC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ESTC vs. The Competition

MetricElasticPrepackaged software IndustryBusiness SectorNYSE Exchange
Market Cap$10.69B$21.03B$6.15B$17.72B
Dividend YieldN/A2.06%3.05%3.47%
P/E Ratio230.5455.0830.9423.27
Price / Sales10.009.5786.289.93
Price / CashN/A65.4226.7817.92
Price / Book25.689.574.715.76
Net Income-$236.16M$360.57M$112.44M$962.28M
7 Day Performance-1.19%-1.20%14.96%2.34%
1 Month Performance9.06%0.30%17.03%4.38%
1 Year Performance81.44%18.69%31.02%23.49%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DUOL
Duolingo
4 of 5 stars
$248.84
+0.3%
$245.13
-1.5%
+33.0%$10.67B$531.11M731.90720Earnings Report
Analyst Forecast
Short Interest ↑
Analyst Revision
PATH
UiPath
3.7969 of 5 stars
$20.01
+0.8%
$27.41
+37.0%
+34.9%$11.39B$1.31B-117.704,035
PCOR
Procore Technologies
3.8273 of 5 stars
$68.45
-0.1%
$81.79
+19.5%
+25.9%$10.02B$950.01M-71.303,694Positive News
DOCU
DocuSign
3.4803 of 5 stars
$58.31
-2.0%
$60.25
+3.3%
+18.8%$11.98B$2.76B161.986,840Short Interest ↓
GEN
Gen Digital
3.2375 of 5 stars
$19.96
+1.3%
N/A+44.6%$12.71B$3.79B9.243,700Dividend Announcement
Short Interest ↑
CFLT
Confluent
3.2881 of 5 stars
$27.83
-2.8%
$30.64
+10.1%
+28.9%$8.70B$776.95M-18.932,744Insider Selling
Short Interest ↓
Analyst Revision
News Coverage
SPSC
SPS Commerce
2.6905 of 5 stars
$192.68
+2.0%
$196.57
+2.0%
+23.6%$7.13B$536.91M105.292,489Analyst Forecast
Short Interest ↓
Analyst Revision
KVYO
Klaviyo
2.4876 of 5 stars
$23.38
+0.7%
$36.88
+57.7%
N/A$6.11B$698.10M0.001,815Earnings Report
BRZE
Braze
3.7985 of 5 stars
$42.08
-1.2%
$64.12
+52.4%
+38.7%$4.24B$471.80M-31.641,548Positive News
CXM
Sprinklr
3.912 of 5 stars
$12.82
+3.6%
$16.90
+31.8%
+5.8%$3.50B$732.36M71.233,869

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This page (NYSE:ESTC) was last updated on 5/13/2024 by MarketBeat.com Staff

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