ESTC
Elastic N.V.
ESTC's outlook is improving, though it still trails on the overall score.
PLTR
Palantir Technologies Inc.
PLTR has the edge over ESTC overall, supported by stronger fundamentals and stronger valuation.
ESTC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Strong | |
| Unavailable |
ESTC's revenue and cash flow are currently healthy, and its profitability is stable. There isn't enough data to rate its balance sheet.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
ESTC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 24x | $89.06 | — |
| Cheap | 25x | $86.56 | -2.8% |
| Current | 25x | $89.06 | — |
| Fair | 163x | $570 | +540% |
| Expensive | 207x | $724 | +713% |
Historical ranges are pointers, not guarantees.
ESTC's PE is in its cheap range at 25x. If earnings grow as analysts expect, today's price would be 24x next year's earnings.
PLTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 75x | $172 | — |
| Current | 120x | $172 | — |
| Cheap | 165x | $236 | +37% |
| Fair | 251x | $359 | +109% |
| Expensive | 452x | $646 | +277% |
Historical ranges are pointers, not guarantees.
PLTR has the edge over ESTC in the historical PE scenario, which offers more potential upside but is not a forecast.
ESTC Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for ESTC, with profitability improving.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
PLTR has the edge over ESTC on the outlook, with more favorable valuation expectations.
ESTC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.67 | +4.9% |
| Q3 2026 | $3.50 | +$4.29 |
| Q2 2026 | $3.43 | +$4.47 |
| Q1 2026 | -$0.79 | +$0.45 |
| Q4 2025 | -$1.02 | -267% |
| Q3 2025 | -$0.79 | -230% |
| Q2 2025 | -$1.04 | -276% |
| Q1 2025 | -$1.24 | -364% |
| Q4 2024 | $0.61 | +$2.59 |
ESTC has returned to profit: it earned $3.50 per share over the past year, after losing money the year before.
PLTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.30 | +61% |
| Q3 2026 | $1.43 | +240% |
| Q2 2026 | $1.17 | +290% |
| Q1 2026 | $0.89 | +287% |
| Q4 2025 | $0.63 | +232% |
| Q3 2025 | $0.42 | +110% |
| Q2 2025 | $0.30 | +76% |
| Q1 2025 | $0.23 | +92% |
| Q4 2024 | $0.19 | +111% |
PLTR has the edge over ESTC on earnings, with more consistent year-over-year improvement.
ESTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $478.1M | +15% |
| Q2 2026 | $450.7M | +16% |
| Q1 2026 | $449.9M | +18% |
| Q4 2025 | $423.5M | +16% |
| Q3 2025 | $415.3M | +20% |
| Q2 2025 | $388.4M | +16% |
| Q1 2025 | $382.1M | +17% |
| Q4 2024 | $365.4M | +18% |
ESTC's revenue has grown year over year every quarter since late 2020: $478M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4.9% | -2.7 points |
| Q2 2026 | -3.6% | -0.6 points |
| Q1 2026 | 0.1% | +1.4 points |
| Q4 2025 | -1.9% | -0.7 points |
| Q3 2025 | -2.3% | +7.5 points |
| Q2 2025 | -3.1% | +11 points |
| Q1 2025 | -1.2% | +6.8 points |
| Q4 2024 | -1.2% | +5.7 points |
ESTC's operating margin was −4.9% last quarter, down 2.7 points from the same quarter a year ago.
PLTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +96% |
| Q2 2026 | $1.9B | +93% |
| Q1 2026 | $1.6B | +85% |
| Q4 2025 | $1.4B | +70% |
| Q3 2025 | $1.2B | +63% |
| Q2 2025 | $1B | +48% |
| Q1 2025 | $883.9M | +39% |
| Q4 2024 | $827.5M | +36% |
PLTR has the edge over ESTC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +14 points |
| Q2 2026 | 47% | +20 points |
| Q1 2026 | 46% | +26 points |
| Q4 2025 | 41% | +40 points |
| Q3 2025 | 33% | +18 points |
| Q2 2025 | 27% | +11 points |
| Q1 2025 | 20% | +7.2 points |
| Q4 2024 | 1.3% | -9.5 points |
PLTR has the edge over ESTC on profitability, with a higher operating margin.
ESTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $131.4M | +26% |
| Q2 2026 | $149.8M | +77% |
| Q1 2026 | $41.8M | -52% |
| Q4 2025 | $26M | -31% |
| Q3 2025 | $104.2M | +100% |
| Q2 2025 | $84.9M | +41% |
| Q1 2025 | $87.3M | +70% |
| Q4 2024 | $37.7M | +$40.9M |
ESTC generated $349M in free cash flow over the past year, up 11% from the year before.
PLTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +139% |
| Q2 2026 | $1.2B | +126% |
| Q1 2026 | $891.8M | +193% |
| Q4 2025 | $764M | +67% |
| Q3 2025 | $500.9M | +20% |
| Q2 2025 | $531.6M | +276% |
| Q1 2025 | $304.1M | +140% |
| Q4 2024 | $457.2M | +54% |
PLTR has the edge over ESTC on cash flow, with more consistent year-over-year improvement.
ESTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.4% | -2.6M shares |
| 1 year | -1.2% | -1.3M shares |
| 3 years | +6.8% | +6.7M shares |
| 5 years | +15% | +13.4M shares |
| Available history | +35% | +26.9M shares |
ESTC has the edge over PLTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $40M |
| Q2 2026 | $40M |
| Q1 2026 | $190.9M |
PLTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +5.2M shares |
| 1 year | +0.1% | +2.9M shares |
| 3 years | +11% | +248M shares |
| 5 years | +31% | +610M shares |
| Available history | +184% | +1.7B shares |
PLTR has 2.6B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $19.2M |
| Q3 2025 | $19.2M |
| Q2 2025 | $18.6M |
| Q1 2025 | $18M |
| Q4 2024 | $18.6M |
| Q3 2024 | $18.9M |
| Q2 2024 | $17.7M |
| Q1 2024 | $9M |
ESTC Net Leverage
PLTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.9x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -2.3x | Net Cash |
| Q4 2024 | -6.1x | Net Cash |
PLTR has more cash than debt.
ESTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 56.6 | Neutral |
ESTC's weekly RSI is 55 (neutral) and its Stochastic is 57 (neutral).
PLTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.4 | Neutral |
| Stochastic | 47.4 | Neutral |
PLTR's weekly RSI is 51 (neutral) and its Stochastic is 47 (neutral).
ESTC PE vs Technology Sector
| Metric | ESTC | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 28x | 8.7% below |
| PE % | 22 | 35 | 13 pts below |
ESTC has the edge over PLTR on valuation relative to its sector.
PLTR PE vs Technology Sector
| Metric | PLTR | Sector median | Relative |
|---|---|---|---|
| PE | 120x | 28x | 331% above |
| PE % | 1 | 38 | 37 pts below |
PLTR is trading at 120x earnings, a 331% premium to the Technology sector's median of 28x.
ESTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $93.4 | 4.6% below |
| 20 week MA | $83.1 | 7.2% above |
| 50 week MA | $69.2 | 29% above |
| 100 week MA | $79.4 | 12% above |
| 200 week MA | $83.1 | 7.2% above |
ESTC has slipped below its 8-week average, but it's still above the other four, and 7.2% above its 200-week average.
PLTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $185.8 | 7.6% below |
| 20 week MA | $167.6 | 2.4% above |
| 50 week MA | $157.1 | 9.2% above |
| 100 week MA | $143.8 | 19% above |
| 200 week MA | $83.3 | 106% above |
PLTR's trend is up, with a small recent dip: it's below only its 8-week average, and 106% above its 200-week average.
ESTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $65.0 | $156.0 | +140% |
| 2021 | $156.0 | $124.0 | -21% |
| 2022 | $124.0 | $51.4 | -59% |
| 2023 | $51.4 | $112.7 | +119% |
| 2024 | $112.7 | $101.5 | -9.9% |
| 2025 | $101.5 | $77.0 | -24% |
| 2026 YTD | $77.0 | $89.1 | +16% |
ESTC has the edge over PLTR on returns for 2026, with the stronger performance.
PLTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.20 | $27.8 | +202% |
| 2021 | $27.8 | $18.9 | -32% |
| 2022 | $18.9 | $6.29 | -67% |
| 2023 | $6.29 | $17.2 | +173% |
| 2024 | $17.2 | $79.1 | +361% |
| 2025 | $79.1 | $188.7 | +139% |
| 2026 YTD | $188.7 | $171.6 | -9.1% |
PLTR's yearly returns have swung widely, from +361% in 2024 to −67% in 2022. It's down 9.1% so far in 2026.