ESTC
Price
$75.91
Change
-$3.60 (-4.53%)
Updated
Oct 4, 6:59 PM EST
57 days until earnings call
NET
Price
$59.23
Change
+$0.84 (+1.44%)
Updated
Oct 4, 6:59 PM EST
29 days until earnings call

ESTC vs NET ᐉ Comparison: Which is Better to Invest?

Header iconESTC vs NET Comparison
Open Charts ESTC vs NETBanner chart's image
Elastic
Price$75.91
Change-$3.60 (-4.53%)
Volume$867.72K
CapitalizationN/A
Cloudflare
Price$59.23
Change+$0.84 (+1.44%)
Volume$1.17M
CapitalizationN/A
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ESTC vs NET Comparison Chart

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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VS
ESTC vs. NET commentary
Oct 05, 2023

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ESTC is a StrongBuy and NET is a Sell.

COMPARISON
Comparison
Oct 05, 2023
Stock price -- (ESTC: $79.51 vs. NET: $58.40)
Brand notoriety: ESTC and NET are both not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: ESTC: 117% vs. NET: 114%
Market capitalization -- ESTC: $7.97B vs. NET: $19.52B
ESTC [@Packaged Software] is valued at $7.97B. NET’s [@Packaged Software] market capitalization is $19.52B. The market cap for tickers in the [@Packaged Software] industry ranges from $2.33T to $0. The average market capitalization across the [@Packaged Software] industry is $8.09B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ESTC’s FA Score shows that 0 FA rating(s) are green whileNET’s FA Score has 0 green FA rating(s).

  • ESTC’s FA Score: 0 green, 5 red.
  • NET’s FA Score: 0 green, 5 red.
According to our system of comparison, ESTC is a better buy in the long-term than NET.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ESTC’s TA Score shows that 6 TA indicator(s) are bullish while NET’s TA Score has 4 bullish TA indicator(s).

  • ESTC’s TA Score: 6 bullish, 4 bearish.
  • NET’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, ESTC is a better buy in the short-term than NET.

Price Growth

ESTC (@Packaged Software) experienced а +0.56% price change this week, while NET (@Packaged Software) price change was +3.03% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was -1.31%. For the same industry, the average monthly price growth was -7.07%, and the average quarterly price growth was +1.57%.

Reported Earning Dates

ESTC is expected to report earnings on Nov 30, 2023.

NET is expected to report earnings on Nov 02, 2023.

Industries' Descriptions

@Packaged Software (-1.31% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
A.I.dvisor published
a Summary for ESTC with price predictions.
OPEN
A.I.dvisor published
a Summary for NET with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NET($19.5B) has a higher market cap than ESTC($7.97B). ESTC YTD gains are higher at: 54.388 vs. NET (29.175). NET has higher annual earnings (EBITDA): -87.57M vs. ESTC (-140.29M). NET has more cash in the bank: 1.59B vs. ESTC (957M). ESTC has less debt than NET: ESTC (591M) vs NET (1.46B). NET (1.13B) and ESTC (1.11B) have equivalent revenues.
ESTCNETESTC / NET
Capitalization7.97B19.5B41%
EBITDA-140.29M-87.57M160%
Gain YTD54.38829.175186%
P/E RatioN/AN/A-
Revenue1.11B1.13B99%
Total Cash957M1.59B60%
Total Debt591M1.46B41%
TECHNICAL ANALYSIS
Technical Analysis
ESTCNET
RSI
ODDS (%)
Bearish Trend 2 days ago
82%
Bullish Trend 2 days ago
88%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
82%
Bearish Trend 2 days ago
84%
Momentum
ODDS (%)
Bullish Trend 2 days ago
73%
Bearish Trend 2 days ago
81%
MACD
ODDS (%)
Bearish Trend 2 days ago
76%
Bullish Trend 2 days ago
85%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
80%
Bullish Trend 2 days ago
87%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
79%
Bearish Trend 2 days ago
76%
Advances
ODDS (%)
Bullish Trend 10 days ago
80%
Bullish Trend 7 days ago
86%
Declines
ODDS (%)
Bearish Trend 2 days ago
76%
Bearish Trend 2 days ago
81%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
82%
Bullish Trend 2 days ago
89%
Aroon
ODDS (%)
Bullish Trend 2 days ago
78%
Bearish Trend 2 days ago
79%
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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ESTC and

Correlation & Price change

A.I.dvisor indicates that over the last year, ESTC has been closely correlated with DDOG. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if ESTC jumps, then DDOG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ESTC
1D Price
Change %
ESTC100%
-1.78%
DDOG - ESTC
71%
Closely correlated
-5.30%
CFLT - ESTC
71%
Closely correlated
-4.52%
NET - ESTC
68%
Closely correlated
-6.57%
HUBS - ESTC
67%
Closely correlated
-5.95%
DT - ESTC
67%
Closely correlated
-2.45%
More