NYSE:ESTC

Elastic Competitors

$122.24
+1.85 (+1.54 %)
(As of 04/21/2021 02:27 PM ET)
Add
Compare
Today's Range
$119.50
Now: $122.24
$122.72
50-Day Range
$105.98
MA: $119.41
$144.85
52-Week Range
$57.04
Now: $122.24
$176.49
Volume4,691 shs
Average Volume1.07 million shs
Market Capitalization$10.97 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.16

Competitors

Elastic (NYSE:ESTC) Vs. VEEV, EA, PLTR, CDNS, SNPS, and OKTA

Should you be buying ESTC stock or one of its competitors? Companies in the industry of "prepackaged software" are considered alternatives and competitors to Elastic, including Veeva Systems (VEEV), Electronic Arts (EA), Palantir Technologies (PLTR), Cadence Design Systems (CDNS), Synopsys (SNPS), and Okta (OKTA).

Elastic (NYSE:ESTC) and Veeva Systems (NYSE:VEEV) are both large-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, risk, dividends, analyst recommendations, earnings and valuation.

Earnings and Valuation

This table compares Elastic and Veeva Systems' gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Elastic$427.62 million25.66$-167,170,000.00($1.53)-79.90
Veeva Systems$1.10 billion37.82$301.12 million$1.62169.35

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

Analyst Recommendations

This is a breakdown of current ratings and target prices for Elastic and Veeva Systems, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Elastic031402.82
Veeva Systems151502.67

Elastic currently has a consensus target price of $167.4737, indicating a potential upside of 36.75%. Veeva Systems has a consensus target price of $299.8696, indicating a potential upside of 9.35%. Given Elastic's stronger consensus rating and higher possible upside, equities analysts plainly believe Elastic is more favorable than Veeva Systems.

Profitability

This table compares Elastic and Veeva Systems' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Elastic-24.21%-22.51%-11.88%
Veeva Systems24.88%15.73%12.12%

Institutional & Insider Ownership

70.5% of Elastic shares are held by institutional investors. Comparatively, 77.5% of Veeva Systems shares are held by institutional investors. 25.2% of Elastic shares are held by insiders. Comparatively, 14.4% of Veeva Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk and Volatility

Elastic has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500. Comparatively, Veeva Systems has a beta of 0.84, indicating that its share price is 16% less volatile than the S&P 500.

Summary

Veeva Systems beats Elastic on 10 of the 14 factors compared between the two stocks.

Elastic (NYSE:ESTC) and Electronic Arts (NASDAQ:EA) are both large-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, risk, dividends, analyst recommendations, earnings and valuation.

Institutional & Insider Ownership

70.5% of Elastic shares are held by institutional investors. Comparatively, 88.0% of Electronic Arts shares are held by institutional investors. 25.2% of Elastic shares are held by insiders. Comparatively, 0.9% of Electronic Arts shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Elastic and Electronic Arts, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Elastic031402.82
Electronic Arts0121402.54

Elastic currently has a consensus target price of $167.4737, indicating a potential upside of 36.75%. Electronic Arts has a consensus target price of $153.3448, indicating a potential upside of 8.92%. Given Elastic's stronger consensus rating and higher possible upside, equities analysts plainly believe Elastic is more favorable than Electronic Arts.

Profitability

This table compares Elastic and Electronic Arts' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Elastic-24.21%-22.51%-11.88%
Electronic Arts23.51%17.85%12.11%

Earnings and Valuation

This table compares Elastic and Electronic Arts' gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Elastic$427.62 million25.66$-167,170,000.00($1.53)-79.90
Electronic Arts$5.54 billion7.31$3.04 billion$4.7629.55

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

Risk and Volatility

Elastic has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500. Comparatively, Electronic Arts has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500.

Summary

Electronic Arts beats Elastic on 8 of the 13 factors compared between the two stocks.

Palantir Technologies (NYSE:PLTR) and Elastic (NYSE:ESTC) are both large-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, earnings, profitability and analyst recommendations.

Institutional and Insider Ownership

10.1% of Palantir Technologies shares are owned by institutional investors. Comparatively, 70.5% of Elastic shares are owned by institutional investors. 25.2% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent recommendations for Palantir Technologies and Elastic, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Palantir Technologies42201.75
Elastic031402.82

Palantir Technologies presently has a consensus price target of $23.5714, indicating a potential upside of 5.61%. Elastic has a consensus price target of $167.4737, indicating a potential upside of 36.75%. Given Elastic's stronger consensus rating and higher possible upside, analysts clearly believe Elastic is more favorable than Palantir Technologies.

Profitability

This table compares Palantir Technologies and Elastic's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Palantir TechnologiesN/AN/AN/A
Elastic-24.21%-22.51%-11.88%

Earnings and Valuation

This table compares Palantir Technologies and Elastic's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Palantir TechnologiesN/AN/AN/AN/AN/A
Elastic$427.62 million25.66$-167,170,000.00($1.53)-79.90

Palantir Technologies has higher earnings, but lower revenue than Elastic.

Summary

Elastic beats Palantir Technologies on 6 of the 9 factors compared between the two stocks.

Cadence Design Systems (NASDAQ:CDNS) and Elastic (NYSE:ESTC) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, earnings, profitability and analyst recommendations.

Analyst Recommendations

This is a summary of recent recommendations for Cadence Design Systems and Elastic, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Cadence Design Systems12902.67
Elastic031402.82

Cadence Design Systems presently has a consensus price target of $141.3333, indicating a potential downside of 0.17%. Elastic has a consensus price target of $167.4737, indicating a potential upside of 36.75%. Given Elastic's stronger consensus rating and higher possible upside, analysts clearly believe Elastic is more favorable than Cadence Design Systems.

Institutional and Insider Ownership

83.9% of Cadence Design Systems shares are owned by institutional investors. Comparatively, 70.5% of Elastic shares are owned by institutional investors. 2.6% of Cadence Design Systems shares are owned by company insiders. Comparatively, 25.2% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Cadence Design Systems has a beta of 1.05, suggesting that its stock price is 5% more volatile than the S&P 500. Comparatively, Elastic has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.

Profitability

This table compares Cadence Design Systems and Elastic's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Cadence Design Systems42.68%48.31%28.21%
Elastic-24.21%-22.51%-11.88%

Earnings and Valuation

This table compares Cadence Design Systems and Elastic's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cadence Design Systems$2.34 billion16.91$988.98 million$3.5340.10
Elastic$427.62 million25.66$-167,170,000.00($1.53)-79.90

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

Summary

Cadence Design Systems beats Elastic on 8 of the 14 factors compared between the two stocks.

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

Analyst Ratings

This is a breakdown of recent ratings for Synopsys and Elastic, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Synopsys021002.83
Elastic031402.82

Synopsys presently has a consensus price target of $284.8182, indicating a potential upside of 13.42%. Elastic has a consensus price target of $167.4737, indicating a potential upside of 36.75%. Given Elastic's higher probable upside, analysts plainly believe Elastic is more favorable than Synopsys.

Institutional & Insider Ownership

86.1% of Synopsys shares are owned by institutional investors. Comparatively, 70.5% of Elastic shares are owned by institutional investors. 1.8% of Synopsys shares are owned by company insiders. Comparatively, 25.2% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk and Volatility

Synopsys has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500. Comparatively, Elastic has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500.

Profitability

This table compares Synopsys and Elastic's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Synopsys18.03%14.81%8.79%
Elastic-24.21%-22.51%-11.88%

Valuation and Earnings

This table compares Synopsys and Elastic's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Synopsys$3.69 billion10.36$664.35 million$4.2758.69
Elastic$427.62 million25.66$-167,170,000.00($1.53)-79.90

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

Summary

Synopsys beats Elastic on 9 of the 14 factors compared between the two stocks.

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

Valuation and Earnings

This table compares Okta and Elastic's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Okta$586.07 million61.41$-208,910,000.00($1.39)-197.34
Elastic$427.62 million25.66$-167,170,000.00($1.53)-79.90

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

Analyst Ratings

This is a breakdown of recent ratings for Okta and Elastic, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Okta061202.67
Elastic031402.82

Okta presently has a consensus price target of $266.9474, indicating a potential downside of 3.19%. Elastic has a consensus price target of $167.4737, indicating a potential upside of 36.75%. Given Elastic's stronger consensus rating and higher probable upside, analysts plainly believe Elastic is more favorable than Okta.

Profitability

This table compares Okta and Elastic's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Okta-31.38%-31.29%-6.65%
Elastic-24.21%-22.51%-11.88%

Institutional & Insider Ownership

75.8% of Okta shares are owned by institutional investors. Comparatively, 70.5% of Elastic shares are owned by institutional investors. 12.0% of Okta shares are owned by company insiders. Comparatively, 25.2% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk and Volatility

Okta has a beta of 0.99, suggesting that its share price is 1% less volatile than the S&P 500. Comparatively, Elastic has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500.

Summary

Elastic beats Okta on 9 of the 14 factors compared between the two stocks.


Elastic Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
Veeva Systems logo
VEEV
Veeva Systems
1.7$274.34+2.0%$40.93 billion$1.10 billion128.20
Electronic Arts logo
EA
Electronic Arts
2.1$140.65+0.1%$40.51 billion$5.54 billion31.33Insider Selling
Palantir Technologies logo
PLTR
Palantir Technologies
1.2$22.42+2.9%$39.69 billionN/A0.00Increase in Short Interest
Cadence Design Systems logo
CDNS
Cadence Design Systems
1.5$141.54+0.4%$39.33 billion$2.34 billion36.76Upcoming Earnings
Analyst Report
Insider Selling
Synopsys logo
SNPS
Synopsys
1.8$250.59+0.2%$38.12 billion$3.69 billion58.82
Okta logo
OKTA
Okta
1.4$274.30+3.1%$34.88 billion$586.07 million-142.12Insider Selling
ANSYS logo
ANSS
ANSYS
1.4$363.81+0.3%$31.80 billion$1.52 billion82.31Analyst Report
Atlassian logo
TEAM
Atlassian
1.7$226.00+0.2%$29.91 billion$1.61 billion-124.86Analyst Report
Analyst Revision
Unity Software logo
U
Unity Software
1.6$100.23+2.8%$27.07 billionN/A0.00Increase in Short Interest
Datadog logo
DDOG
Datadog
1.6$84.11+0.2%$25.73 billion$362.78 million-2,802.73
Slack Technologies logo
WORK
Slack Technologies
1.2$42.24+0.3%$24.26 billion$630.42 million-72.83Insider Selling
HubSpot logo
HUBS
HubSpot
1.5$505.38+1.5%$23.06 billion$674.86 million-279.21
Paycom Software logo
PAYC
Paycom Software
1.7$386.11+1.0%$23.02 billion$737.67 million136.92Insider Selling
Cloudflare logo
NET
Cloudflare
1.6$73.30+1.2%$22.36 billion$287.02 million-187.94Analyst Report
Splunk logo
SPLK
Splunk
2.0$132.56+0.6%$21.58 billion$2.36 billion-26.57
Take-Two Interactive Software logo
TTWO
Take-Two Interactive Software
1.7$175.64+1.3%$20.49 billion$3.09 billion42.53
Coupa Software logo
COUP
Coupa Software
1.2$263.59+2.0%$18.97 billion$389.72 million-123.75Analyst Upgrade
News Coverage
SS&C Technologies logo
SSNC
SS&C Technologies
2.0$71.56+0.0%$18.30 billion$4.63 billion33.28Upcoming Earnings
MongoDB logo
MDB
MongoDB
1.7$299.97+0.8%$18.21 billion$421.72 million-68.80Analyst Report
Tyler Technologies logo
TYL
Tyler Technologies
1.4$450.41+0.9%$18.16 billion$1.09 billion98.99Upcoming Earnings
ZoomInfo Technologies logo
ZI
ZoomInfo Technologies
1.5$47.98+4.9%$17.85 billionN/A0.00Insider Selling
Increase in Short Interest
Citrix Systems logo
CTXS
Citrix Systems
2.0$142.02+2.7%$16.98 billion$3.01 billion30.48Analyst Upgrade
PTC logo
PTC
PTC
1.6$142.70+0.4%$16.61 billion$1.46 billion126.28Upcoming Earnings
Analyst Report
Check Point Software Technologies logo
CHKP
Check Point Software Technologies
1.4$119.67+0.5%$16.33 billion$1.99 billion20.39Upcoming Earnings
News Coverage
Nuance Communications logo
NUAN
Nuance Communications
1.5$53.18+0.2%$15.13 billion$1.48 billion531.80Analyst Report
NICE logo
NICE
NICE
1.6$236.30+0.9%$15.03 billion$1.57 billion76.23Analyst Upgrade
Dynatrace logo
DT
Dynatrace
1.9$50.60+1.3%$14.12 billion$545.80 million180.72Insider Selling
Ceridian HCM logo
CDAY
Ceridian HCM
1.3$92.32+1.4%$13.36 billion$824.10 million1,154.14
Bentley Systems logo
BSY
Bentley Systems
1.0$51.07+2.7%$13.00 billion$736.65 million0.00Analyst Report
Insider Selling
NortonLifeLock logo
NLOK
NortonLifeLock
2.1$21.94+0.5%$12.70 billion$2.49 billion4.34Analyst Report
Bill.com logo
BILL
Bill.com
1.4$149.68+0.5%$12.25 billion$157.60 million-287.85Insider Selling
Avalara logo
AVLR
Avalara
1.8$138.78+0.5%$11.92 billion$382.42 million-216.84
Black Knight logo
BKI
Black Knight
1.9$73.27+1.2%$11.62 billion$1.18 billion48.52Analyst Report
Dropbox logo
DBX
Dropbox
1.4$25.91+0.7%$10.67 billion$1.66 billion136.37
Paylocity logo
PCTY
Paylocity
1.5$191.31+0.9%$10.31 billion$561.33 million169.30News Coverage
Kingsoft Cloud logo
KC
Kingsoft Cloud
1.0$45.99+4.0%$9.63 billion$568.29 million0.00
RealPage logo
RP
RealPage
1.4$88.71+0.1%$9.05 billion$988.14 million164.28
Guidewire Software logo
GWRE
Guidewire Software
1.1$103.60+0.0%$8.67 billion$742.31 million-265.64
Appian logo
APPN
Appian
1.0$123.22+2.4%$8.51 billion$260.35 million-224.04Gap Up
Anaplan logo
PLAN
Anaplan
1.5$57.19+0.8%$8.29 billion$348.02 million-52.95
Manhattan Associates logo
MANH
Manhattan Associates
0.7$122.05+1.0%$7.70 billion$617.95 million93.89Upcoming Earnings
Smartsheet logo
SMAR
Smartsheet
1.4$61.12+0.8%$7.64 billion$270.88 million-64.34Insider Selling
Fastly logo
FSLY
Fastly
1.5$66.54+0.1%$6.93 billion$200.46 million-103.97Analyst Upgrade
BlackLine logo
BL
BlackLine
1.6$116.90+2.2%$6.63 billion$288.98 million-169.42
nCino logo
NCNO
nCino
1.2$68.21+1.7%$6.33 billionN/A0.00Analyst Report
Insider Selling
Unusual Options Activity
Gap Down
MicroStrategy logo
MSTR
MicroStrategy
1.2$646.79+0.1%$6.20 billion$486.33 million5,389.92Upcoming Earnings
Gap Up
National Instruments logo
NATI
National Instruments
1.5$44.87+1.3%$5.83 billion$1.35 billion29.91
Agora logo
API
Agora
1.1$56.30+3.6%$5.75 billion$64.43 million0.00
SolarWinds logo
SWI
SolarWinds
1.1$18.13+0.2%$5.73 billion$932.53 million151.10Analyst Upgrade
Analyst Revision
Varonis Systems logo
VRNS
Varonis Systems
1.5$53.09+0.8%$5.59 billion$254.19 million-18.76Analyst Revision
This page was last updated on 4/21/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.