Free Trial

Elastic (ESTC) Competitors

Elastic logo
$95.11 +1.17 (+1.24%)
Closing price 10/5/2026 03:59 PM Eastern
Extended Trading
$96.46 +1.35 (+1.42%)
As of 08:06 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

ESTC vs. NOW, OKTA, ROP, ZM, and IOT

Should you buy Elastic stock or one of its competitors? Elastic's main competitors and comparable companies include ServiceNow (NOW), Okta (OKTA), Roper Technologies (ROP), Zoom Communications (ZM), and Samsara (IOT). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "software" industry.

How does Elastic compare to ServiceNow?

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

87.2% of ServiceNow shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 0.3% of ServiceNow shares are owned by insiders. Comparatively, 12.7% of Elastic shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

ServiceNow presently has a consensus price target of $147.00, suggesting a potential upside of 7.98%. Elastic has a consensus price target of $96.52, suggesting a potential upside of 1.49%. Given ServiceNow's stronger consensus rating and higher possible upside, research analysts plainly believe ServiceNow is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ServiceNow
2 Sell rating(s)
3 Hold rating(s)
36 Buy rating(s)
1 Strong Buy rating(s)
2.86
Elastic
0 Sell rating(s)
13 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.59

In the previous week, ServiceNow had 31 more articles in the media than Elastic. MarketBeat recorded 34 mentions for ServiceNow and 3 mentions for Elastic. Elastic's average media sentiment score of 0.75 beat ServiceNow's score of 0.48 indicating that Elastic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
13 Very Positive mention(s)
8 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
3 Very Negative mention(s)
Neutral
Elastic
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Elastic has a net margin of 20.84% compared to ServiceNow's net margin of 11.34%. ServiceNow's return on equity of 16.45% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
ServiceNow11.34% 16.45% 7.68%
Elastic 20.84%-0.35%-0.14%

ServiceNow has a beta of 0.99, meaning that its stock price is 1% less volatile than the broader market. Comparatively, Elastic has a beta of 1.03, meaning that its stock price is 3% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ServiceNow$13.28B10.60$1.75B$1.6085.09
Elastic$1.74B5.74$367.77M$3.5726.64

Summary

ServiceNow beats Elastic on 10 of the 16 factors compared between the two stocks.

How does Elastic compare to Okta?

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

Elastic has a net margin of 20.84% compared to Okta's net margin of 9.63%. Okta's return on equity of 4.50% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Okta9.63% 4.50% 3.34%
Elastic 20.84%-0.35%-0.14%

86.6% of Okta shares are held by institutional investors. Comparatively, 97.0% of Elastic shares are held by institutional investors. 4.6% of Okta shares are held by insiders. Comparatively, 12.7% of Elastic shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Okta$3.07B12.42$235M$1.66131.50
Elastic$1.74B5.74$367.77M$3.5726.64

Okta has a beta of 0.73, suggesting that its share price is 27% less volatile than the broader market. Comparatively, Elastic has a beta of 1.03, suggesting that its share price is 3% more volatile than the broader market.

Okta currently has a consensus price target of $200.72, indicating a potential downside of 8.05%. Elastic has a consensus price target of $96.52, indicating a potential upside of 1.49%. Given Elastic's higher possible upside, analysts clearly believe Elastic is more favorable than Okta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
1 Strong Buy rating(s)
2.79
Elastic
0 Sell rating(s)
13 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.59

In the previous week, Okta had 30 more articles in the media than Elastic. MarketBeat recorded 33 mentions for Okta and 3 mentions for Elastic. Okta's average media sentiment score of 0.83 beat Elastic's score of 0.75 indicating that Okta is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Okta
10 Very Positive mention(s)
12 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Elastic
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Okta beats Elastic on 9 of the 16 factors compared between the two stocks.

How does Elastic compare to Roper Technologies?

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

Elastic has a beta of 1.03, indicating that its share price is 3% more volatile than the broader market. Comparatively, Roper Technologies has a beta of 0.75, indicating that its share price is 25% less volatile than the broader market.

Roper Technologies has higher revenue and earnings than Elastic. Roper Technologies 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$1.74B5.74$367.77M$3.5726.64
Roper Technologies$7.90B4.55$1.54B$24.1415.05

Elastic presently has a consensus price target of $96.52, suggesting a potential upside of 1.49%. Roper Technologies has a consensus price target of $466.94, suggesting a potential upside of 28.50%. Given Roper Technologies' higher probable upside, analysts plainly believe Roper Technologies is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Elastic
0 Sell rating(s)
13 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.59
Roper Technologies
3 Sell rating(s)
9 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.21

In the previous week, Roper Technologies had 5 more articles in the media than Elastic. MarketBeat recorded 8 mentions for Roper Technologies and 3 mentions for Elastic. Elastic's average media sentiment score of 0.75 beat Roper Technologies' score of 0.25 indicating that Elastic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Elastic
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Roper Technologies
1 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

97.0% of Elastic shares are held by institutional investors. Comparatively, 93.3% of Roper Technologies shares are held by institutional investors. 12.7% of Elastic shares are held by insiders. Comparatively, 0.8% of Roper Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Roper Technologies has a net margin of 30.24% compared to Elastic's net margin of 20.84%. Roper Technologies' return on equity of 11.36% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Elastic20.84% -0.35% -0.14%
Roper Technologies 30.24%11.36%6.33%

Summary

Elastic beats Roper Technologies on 9 of the 17 factors compared between the two stocks.

How does Elastic compare to Zoom Communications?

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

Zoom Communications has a beta of 1.03, meaning that its share price is 3% more volatile than the broader market. Comparatively, Elastic has a beta of 1.03, meaning that its share price is 3% more volatile than the broader market.

Zoom Communications has a net margin of 65.19% compared to Elastic's net margin of 20.84%. Zoom Communications' return on equity of 10.86% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Zoom Communications65.19% 10.86% 8.93%
Elastic 20.84%-0.35%-0.14%

66.5% of Zoom Communications shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 8.8% of Zoom Communications shares are owned by insiders. Comparatively, 12.7% of Elastic shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Zoom Communications has higher revenue and earnings than Elastic. Zoom Communications 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
Zoom Communications$4.87B5.61$1.90B$10.808.67
Elastic$1.74B5.74$367.77M$3.5726.64

In the previous week, Zoom Communications had 6 more articles in the media than Elastic. MarketBeat recorded 9 mentions for Zoom Communications and 3 mentions for Elastic. Zoom Communications' average media sentiment score of 0.76 beat Elastic's score of 0.75 indicating that Zoom Communications is being referred to more favorably in the media.

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

Zoom Communications currently has a consensus price target of $113.62, suggesting a potential upside of 21.36%. Elastic has a consensus price target of $96.52, suggesting a potential upside of 1.49%. Given Zoom Communications' higher possible upside, equities analysts plainly believe Zoom Communications is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zoom Communications
0 Sell rating(s)
11 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.56
Elastic
0 Sell rating(s)
13 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.59

Summary

Zoom Communications beats Elastic on 9 of the 16 factors compared between the two stocks.

How does Elastic compare to Samsara?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Samsara$1.62B15.36-$9.12M$0.16265.37
Elastic$1.74B5.74$367.77M$3.5726.64

Samsara presently has a consensus target price of $51.68, suggesting a potential upside of 21.73%. Elastic has a consensus target price of $96.52, suggesting a potential upside of 1.49%. Given Samsara's stronger consensus rating and higher possible upside, equities research analysts clearly believe Samsara is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Samsara
1 Sell rating(s)
5 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.73
Elastic
0 Sell rating(s)
13 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.59

In the previous week, Samsara had 28 more articles in the media than Elastic. MarketBeat recorded 31 mentions for Samsara and 3 mentions for Elastic. Elastic's average media sentiment score of 0.75 beat Samsara's score of 0.18 indicating that Elastic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Samsara
12 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Elastic
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Samsara has a beta of 1.35, meaning that its stock price is 35% more volatile than the broader market. Comparatively, Elastic has a beta of 1.03, meaning that its stock price is 3% more volatile than the broader market.

Elastic has a net margin of 20.84% compared to Samsara's net margin of 4.90%. Samsara's return on equity of 4.13% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Samsara4.90% 4.13% 2.35%
Elastic 20.84%-0.35%-0.14%

96.0% of Samsara shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 35.1% of Samsara shares are owned by company insiders. Comparatively, 12.7% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Samsara beats Elastic on 9 of the 15 factors compared between the two stocks.

Get Elastic News Delivered to You Automatically

Sign up to receive the latest news and ratings for ESTC and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

ESTC vs. The Competition

MetricElasticSoftware IndustryTechnology SectorNYSE Exchange
Market Cap$9.86B$16.24B$31.91B$22.79B
Dividend YieldN/A3.42%2.75%3.73%
P/E Ratio26.64145.1782.0327.90
Price / Sales5.541,283.44585.3120.31
Price / Cash111.2443.0448.6019.11
Price / Book7.748.878.224.70
Net Income$367.77M$429.52M$766.00M$1.07B
7 Day Performance6.90%1.45%1.50%0.44%
1 Month Performance3.67%-1.30%0.29%-5.38%
1 Year Performance13.17%0.65%167.69%5.38%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESTC
Elastic
3.5846 of 5 stars
$95.11
+1.2%
$96.52
+1.5%
+11.0%$9.86B$1.80B26.644,019
NOW
ServiceNow
3.993 of 5 stars
$137.77
+2.8%
$147.00
+6.7%
-25.3%$138.57B$13.28B86.1129,187
OKTA
Okta
2.9331 of 5 stars
$212.63
+1.7%
$200.72
-5.6%
+134.0%$36.56B$2.92B128.096,366
ROP
Roper Technologies
4.8211 of 5 stars
$362.59
+3.8%
$466.94
+28.8%
-27.3%$34.56B$7.90B15.0219,400
ZM
Zoom Communications
4.3093 of 5 stars
$93.80
+3.3%
$113.62
+21.1%
+15.6%$26.49B$4.87B8.697,438

Related Companies and Tools


This page (NYSE:ESTC) was last updated on 10/6/2026 by MarketBeat.com Staff.
From Our Partners