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XOM   120.47 (+0.49%)
QQQ   418.50 (+0.93%)
AAPL   165.71 (+0.43%)
MSFT   400.75 (+0.41%)
META   481.63 (+0.12%)
GOOGL   156.15 (+1.34%)
AMZN   177.04 (+1.38%)
TSLA   142.11 (-3.36%)
NVDA   794.72 (+4.29%)
AMD   148.30 (+1.13%)
NIO   4.00 (+5.26%)
BABA   70.73 (+2.40%)
T   16.29 (-1.33%)
F   12.88 (+6.10%)
MU   108.85 (+1.95%)
GE   150.02 (+1.32%)
CGC   7.87 (-0.76%)
DIS   111.90 (-0.63%)
AMC   3.41 (+7.91%)
PFE   26.27 (+1.04%)
PYPL   63.14 (+1.33%)
XOM   120.47 (+0.49%)
QQQ   418.50 (+0.93%)
AAPL   165.71 (+0.43%)
MSFT   400.75 (+0.41%)
META   481.63 (+0.12%)
GOOGL   156.15 (+1.34%)
AMZN   177.04 (+1.38%)
TSLA   142.11 (-3.36%)
NVDA   794.72 (+4.29%)
AMD   148.30 (+1.13%)
NIO   4.00 (+5.26%)
BABA   70.73 (+2.40%)
T   16.29 (-1.33%)
F   12.88 (+6.10%)
MU   108.85 (+1.95%)
GE   150.02 (+1.32%)
CGC   7.87 (-0.76%)
DIS   111.90 (-0.63%)
AMC   3.41 (+7.91%)
PFE   26.27 (+1.04%)
PYPL   63.14 (+1.33%)
XOM   120.47 (+0.49%)
QQQ   418.50 (+0.93%)
AAPL   165.71 (+0.43%)
MSFT   400.75 (+0.41%)
META   481.63 (+0.12%)
GOOGL   156.15 (+1.34%)
AMZN   177.04 (+1.38%)
TSLA   142.11 (-3.36%)
NVDA   794.72 (+4.29%)
AMD   148.30 (+1.13%)
NIO   4.00 (+5.26%)
BABA   70.73 (+2.40%)
T   16.29 (-1.33%)
F   12.88 (+6.10%)
MU   108.85 (+1.95%)
GE   150.02 (+1.32%)
CGC   7.87 (-0.76%)
DIS   111.90 (-0.63%)
AMC   3.41 (+7.91%)
PFE   26.27 (+1.04%)
PYPL   63.14 (+1.33%)
XOM   120.47 (+0.49%)

Elastic (ESTC) Competitors

$98.35
+2.16 (+2.25%)
(As of 03:57 PM ET)

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

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

Elastic vs.

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

Confluent has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500. Comparatively, Elastic has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500.

78.1% of Confluent shares are owned by institutional investors. Comparatively, 97.0% of Elastic shares are owned by institutional investors. 22.1% of Confluent shares are owned by company insiders. Comparatively, 18.1% of Elastic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Confluent had 8 more articles in the media than Elastic. MarketBeat recorded 10 mentions for Confluent and 2 mentions for Elastic. Confluent's average media sentiment score of 0.97 beat Elastic's score of 0.27 indicating that Elastic is being referred to more favorably in the news media.

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

Elastic received 231 more outperform votes than Confluent when rated by MarketBeat users. Likewise, 64.45% of users gave Elastic an outperform vote while only 41.92% of users gave Confluent an outperform vote.

CompanyUnderperformOutperform
ConfluentOutperform Votes
70
41.92%
Underperform Votes
97
58.08%
ElasticOutperform Votes
301
64.45%
Underperform Votes
166
35.55%

Elastic has a net margin of 4.63% compared to Elastic's net margin of -56.99%. Confluent's return on equity of -23.94% beat Elastic's return on equity.

Company Net Margins Return on Equity Return on Assets
Confluent-56.99% -44.16% -14.52%
Elastic 4.63%-23.94%-6.51%

Confluent presently has a consensus target price of $30.64, suggesting a potential upside of 13.95%. Elastic has a consensus target price of $111.26, suggesting a potential upside of 15.67%. Given Confluent's stronger consensus rating and higher probable upside, analysts plainly believe Elastic is more favorable than Confluent.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Confluent
1 Sell rating(s)
8 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.60
Elastic
0 Sell rating(s)
7 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.67

Elastic has higher revenue and earnings than Confluent. Confluent 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
Confluent$776.95M10.82-$442.75M-$1.47-18.29
Elastic$1.07B9.07-$236.16M$0.46209.11

Summary

Elastic beats Confluent on 14 of the 18 factors compared between the two stocks.

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$9.70B$20.77B$6.00B$17.07B
Dividend YieldN/A2.19%3.14%3.58%
P/E Ratio209.1184.2226.0221.09
Price / Sales9.077.1583.069.72
Price / CashN/A63.8624.0917.28
Price / Book23.2910.114.514.69
Net Income-$236.16M$367.45M$119.33M$960.04M
7 Day Performance1.39%0.43%14.11%0.97%
1 Month Performance-6.05%25.39%9.35%-2.08%
1 Year Performance59.55%8.62%25.46%12.59%

Elastic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CFLT
Confluent
2.4063 of 5 stars
$28.55
+0.5%
$30.64
+7.3%
+9.6%$8.93B$776.95M-19.422,744
PCOR
Procore Technologies
2.8661 of 5 stars
$72.92
+0.2%
$81.86
+12.3%
+28.6%$10.57B$950.01M-54.833,694
DUOL
Duolingo
3.5876 of 5 stars
$198.17
+1.3%
$245.13
+23.7%
+42.1%$8.50B$531.11M582.87720
PATH
UiPath
3.9151 of 5 stars
$19.41
-0.4%
$27.41
+41.3%
+22.2%$11.04B$1.31B-114.143,833
DOCU
DocuSign
3.7626 of 5 stars
$57.74
+1.9%
$60.25
+4.3%
+9.1%$11.86B$2.76B160.396,840
GEN
Gen Digital
4.0886 of 5 stars
$20.44
-0.8%
N/A+16.1%$13.02B$3.34B9.463,700
SPSC
SPS Commerce
3.244 of 5 stars
$163.35
-1.6%
$199.67
+22.2%
+8.8%$6.06B$536.91M92.812,489Upcoming Earnings
BRZE
Braze
3.6268 of 5 stars
$40.17
-0.6%
$64.29
+60.1%
+18.0%$4.05B$471.80M-30.201,548Analyst Report
CXM
Sprinklr
4.5029 of 5 stars
$11.34
-0.1%
$16.90
+49.0%
-11.5%$3.10B$732.36M63.003,869Analyst Report
INST
Instructure
2.612 of 5 stars
$19.54
-0.6%
$30.86
+58.0%
-28.0%$2.84B$530.21M-81.401,496Analyst Report

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This page (NYSE:ESTC) was last updated on 4/22/2024 by MarketBeat.com Staff

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