Elastic (ESTC) Competitors

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$56.24 +2.64 (+4.92%)
Closing price 03:59 PM Eastern
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$55.75 -0.48 (-0.86%)
As of 07:34 PM Eastern
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ESTC vs. DDOG, GTLB, TEAM, CRM, and DT

Should you buy Elastic stock or one of its competitors? MarketBeat compares Elastic with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Elastic include Datadog (DDOG), GitLab (GTLB), Atlassian (TEAM), Salesforce (CRM), and Dynatrace (DT). These companies are all part of the "computer and technology" sector.

How does Elastic compare to Datadog?

Datadog (NASDAQ:DDOG) and Elastic (NYSE:ESTC) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, analyst recommendations, media sentiment, valuation and profitability.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Datadog$3.43B24.90$107.74M$0.38630.97
Elastic$1.74B3.36$367.77M$3.5016.07

Elastic has a net margin of 21.14% compared to Datadog's net margin of 3.69%. Datadog's return on equity of 4.83% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Datadog3.69% 4.83% 2.72%
Elastic 21.14%-1.82%-0.67%

Datadog has a beta of 1.56, meaning that its stock price is 56% more volatile than the broader market. Comparatively, Elastic has a beta of 1, meaning that its stock price has a similar volatility profile to the broader market.

Datadog presently has a consensus price target of $242.09, indicating a potential upside of 0.97%. Elastic has a consensus price target of $79.04, indicating a potential upside of 40.55%. Given Elastic's higher possible upside, analysts clearly believe Elastic is more favorable than Datadog.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Datadog
1 Sell rating(s)
2 Hold rating(s)
41 Buy rating(s)
1 Strong Buy rating(s)
2.93
Elastic
2 Sell rating(s)
10 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.53

78.3% of Datadog shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 6.5% of Datadog shares are held by company insiders. Comparatively, 12.7% of Elastic shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Datadog had 15 more articles in the media than Elastic. MarketBeat recorded 26 mentions for Datadog and 11 mentions for Elastic. Datadog's average media sentiment score of 1.22 beat Elastic's score of 0.90 indicating that Datadog is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Datadog
18 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Datadog beats Elastic on 11 of the 17 factors compared between the two stocks.

How does Elastic compare to GitLab?

Elastic (NYSE:ESTC) and GitLab (NASDAQ:GTLB) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, institutional ownership, media sentiment, risk and dividends.

In the previous week, Elastic had 2 more articles in the media than GitLab. MarketBeat recorded 11 mentions for Elastic and 9 mentions for GitLab. Elastic's average media sentiment score of 0.90 beat GitLab's score of 0.79 indicating that Elastic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Elastic
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
GitLab
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Elastic presently has a consensus target price of $79.04, indicating a potential upside of 40.55%. GitLab has a consensus target price of $36.64, indicating a potential upside of 26.04%. Given Elastic's stronger consensus rating and higher probable upside, analysts plainly believe Elastic is more favorable than GitLab.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Elastic
2 Sell rating(s)
10 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.53
GitLab
3 Sell rating(s)
18 Hold rating(s)
6 Buy rating(s)
2 Strong Buy rating(s)
2.24

Elastic has a net margin of 21.14% compared to GitLab's net margin of -2.49%. GitLab's return on equity of 0.31% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Elastic21.14% -1.82% -0.67%
GitLab -2.49%0.31%0.19%

97.0% of Elastic shares are owned by institutional investors. Comparatively, 95.0% of GitLab shares are owned by institutional investors. 12.7% of Elastic shares are owned by company insiders. Comparatively, 10.6% of GitLab shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Elastic has higher revenue and earnings than GitLab. GitLab 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
Elastic$1.74B3.36$367.77M$3.5016.07
GitLab$955.22M5.14-$55.96M-$0.16N/A

Elastic has a beta of 1, indicating that its stock price has a similar volatility profile to the broader market.Comparatively, GitLab has a beta of 0.96, indicating that its stock price is 4% less volatile than the broader market.

Summary

Elastic beats GitLab on 13 of the 17 factors compared between the two stocks.

How does Elastic compare to Atlassian?

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

94.5% of Atlassian shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 36.7% of Atlassian shares are owned by company insiders. Comparatively, 12.7% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Atlassian presently has a consensus target price of $145.26, indicating a potential upside of 84.48%. Elastic has a consensus target price of $79.04, indicating a potential upside of 40.55%. Given Atlassian's stronger consensus rating and higher probable upside, analysts plainly believe Atlassian is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlassian
1 Sell rating(s)
5 Hold rating(s)
21 Buy rating(s)
1 Strong Buy rating(s)
2.79
Elastic
2 Sell rating(s)
10 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.53

Elastic has lower revenue, but higher earnings than Atlassian. Atlassian 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
Atlassian$5.22B3.83-$256.69M-$0.83N/A
Elastic$1.74B3.36$367.77M$3.5016.07

Elastic has a net margin of 21.14% compared to Atlassian's net margin of -3.50%. Atlassian's return on equity of 6.22% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Atlassian-3.50% 6.22% 1.37%
Elastic 21.14%-1.82%-0.67%

Atlassian has a beta of 1.07, indicating that its stock price is 7% more volatile than the broader market. Comparatively, Elastic has a beta of 1, indicating that its stock price has a similar volatility profile to the broader market.

In the previous week, Atlassian had 4 more articles in the media than Elastic. MarketBeat recorded 15 mentions for Atlassian and 11 mentions for Elastic. Elastic's average media sentiment score of 0.90 beat Atlassian's score of 0.89 indicating that Elastic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Atlassian
7 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Atlassian beats Elastic on 11 of the 17 factors compared between the two stocks.

How does Elastic compare to Salesforce?

Salesforce (NYSE:CRM) and Elastic (NYSE:ESTC) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, institutional ownership, media sentiment, earnings, dividends, analyst recommendations, valuation and profitability.

Salesforce currently has a consensus price target of $257.61, suggesting a potential upside of 62.81%. Elastic has a consensus price target of $79.04, suggesting a potential upside of 40.55%. Given Salesforce's stronger consensus rating and higher probable upside, equities analysts plainly believe Salesforce is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Salesforce
4 Sell rating(s)
11 Hold rating(s)
26 Buy rating(s)
1 Strong Buy rating(s)
2.57
Elastic
2 Sell rating(s)
10 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.53

Salesforce has a beta of 1.16, suggesting that its share price is 16% more volatile than the broader market. Comparatively, Elastic has a beta of 1, suggesting that its share price has a similar volatility profile to the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Salesforce$41.53B3.12$7.46B$8.6418.31
Elastic$1.74B3.36$367.77M$3.5016.07

Elastic has a net margin of 21.14% compared to Salesforce's net margin of 18.73%. Salesforce's return on equity of 18.72% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Salesforce18.73% 18.72% 9.76%
Elastic 21.14%-1.82%-0.67%

80.4% of Salesforce shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 3.5% of Salesforce shares are held by insiders. Comparatively, 12.7% of Elastic shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Salesforce had 39 more articles in the media than Elastic. MarketBeat recorded 50 mentions for Salesforce and 11 mentions for Elastic. Salesforce's average media sentiment score of 1.00 beat Elastic's score of 0.90 indicating that Salesforce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Salesforce
34 Very Positive mention(s)
5 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Positive
Elastic
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Salesforce beats Elastic on 13 of the 17 factors compared between the two stocks.

How does Elastic compare to Dynatrace?

Dynatrace (NYSE:DT) and Elastic (NYSE:ESTC) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, profitability, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dynatrace$2.02B6.25$162.67M$0.5480.14
Elastic$1.74B3.36$367.77M$3.5016.07

Dynatrace presently has a consensus target price of $47.88, suggesting a potential upside of 10.65%. Elastic has a consensus target price of $79.04, suggesting a potential upside of 40.55%. Given Elastic's higher probable upside, analysts clearly believe Elastic is more favorable than Dynatrace.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dynatrace
1 Sell rating(s)
6 Hold rating(s)
22 Buy rating(s)
0 Strong Buy rating(s)
2.72
Elastic
2 Sell rating(s)
10 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.53

In the previous week, Elastic had 10 more articles in the media than Dynatrace. MarketBeat recorded 11 mentions for Elastic and 1 mentions for Dynatrace. Elastic's average media sentiment score of 0.90 beat Dynatrace's score of 0.50 indicating that Elastic is being referred to more favorably in the news media.

Company Overall Sentiment
Dynatrace Positive
Elastic Positive

Dynatrace has a beta of 0.75, indicating that its share price is 25% less volatile than the broader market. Comparatively, Elastic has a beta of 1, indicating that its share price has a similar volatility profile to the broader market.

Elastic has a net margin of 21.14% compared to Dynatrace's net margin of 8.06%. Dynatrace's return on equity of 10.37% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Dynatrace8.06% 10.37% 6.74%
Elastic 21.14%-1.82%-0.67%

94.3% of Dynatrace shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 0.6% of Dynatrace shares are held by insiders. Comparatively, 12.7% of Elastic shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Elastic beats Dynatrace on 9 of the 16 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

MetricElasticINTERNET SOFTWARE IndustryComputer SectorNYSE Exchange
Market Cap$5.57B$15.62B$38.06B$23.24B
Dividend YieldN/A3.55%3.30%4.10%
P/E Ratio16.0767.77164.0428.60
Price / Sales3.3639.12622.8221.36
Price / Cash63.4766.2445.9624.58
Price / Book4.586.389.544.74
Net Income$367.77M$384.51M$1.07B$1.07B
7 Day Performance-4.50%0.98%-1.06%0.99%
1 Month Performance3.38%-2.28%0.02%0.97%
1 Year Performance-31.88%-9.33%154.16%24.40%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESTC
Elastic
4.8055 of 5 stars
$56.24
+4.9%
$79.04
+40.5%
-33.9%$5.57B$1.74B16.074,019
DDOG
Datadog
3.3565 of 5 stars
$223.00
-1.6%
$239.48
+7.4%
+69.6%$80.67B$3.43B586.868,100
GTLB
GitLab
3.5293 of 5 stars
$26.56
+0.3%
$36.64
+38.0%
-35.5%$4.47B$955.22MN/A2,580
TEAM
Atlassian
4.0444 of 5 stars
$82.72
-2.0%
$145.63
+76.1%
-62.4%$21.42B$5.22BN/A13,813
CRM
Salesforce
4.9471 of 5 stars
$151.67
-2.2%
$257.61
+69.9%
-43.9%$126.96B$41.53B17.5583,334

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This page (NYSE:ESTC) was last updated on 6/26/2026 by MarketBeat.com Staff.
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