Applied Digital Corporation vs Elastic NV — how do they compare? Applied Digital Corporation trades at $30.4 (market cap $8.90B), while Elastic NV trades at $60.64 (market cap $6.26B). The key difference: Applied Digital Corporation is the larger of the two by market cap, and Applied Digital Corporation is trading nearer its 52-week high, Elastic NV nearer its low. Which is the better fit depends on your goals.
| APLD | ESTC | |
|---|---|---|
Market Cap | $8.90B | $6.26B |
Sector | Technology | Technology |
52-Week High | $49.65 | $94.47 |
52-Week Low | $9.18 | $43.30 |
Enterprise Value | $10.00B | $5.48B |
Signals from Pluang's Aura AI — not financial advice
Applied Digital (APLD) trades at $31.15, down 3.53% today, amid bearish technical signals despite unanimous analyst buy ratings. The company shows strong revenue growth with $144M in 2025 and $319M projected for 2026, but remains unprofitable with negative margins. Recent news highlights APLD's pivot to AI data centers with $36B in contracted lease value, though execution risks and customer concentration persist.
Outlook: High growth potential from AI infrastructure expansion contrasts with profitability challenges and heavy capital spending. Risks include customer concentration and debt load, but analyst consensus targets $76.67 suggest significant upside if execution improves.
Elastic (ESTC) trades at $60.24, down 2.93% on the day, with a bullish technical outlook supported by moving averages and a consensus analyst price target of $72.80. The company shows strong revenue growth, improving profitability into 2026, and consistent earnings beats, while recent news highlights leadership in security and observability markets.
The stock presents a growth opportunity with robust fundamentals and positive analyst sentiment, though risks include high valuation multiples, ongoing legal scrutiny, and competitive pressures in the software sector that could impact future performance.
Trailing returns across standard periods
Latest headlines on both assets
Applied Digital provides high-performance computing (HPC) infrastructure and cloud services. It designs and operates data centers tailored for AI, machine learning, and other intensive digital workloads across North America.
Read more on APLD →Elastic NV provides a leading search AI platform built on Elasticsearch. Its software helps organizations find, observe, and protect data through search-powered analytics for various cloud-based applications.
Read more on ESTC →