Credo Technology Group Holding Ltd vs Elastic NV — how do they compare? Credo Technology Group Holding Ltd trades at $254.58 (market cap $44.74B), while Elastic NV trades at $75.8 (market cap $7.93B). The key difference: Credo Technology Group Holding Ltd is far larger — about 5.6× Elastic NV's market cap, and Credo Technology Group Holding Ltd is trading nearer its 52-week high, Elastic NV nearer its low. Which is the better fit depends on your goals.
| CRDO | ESTC | |
|---|---|---|
Market Cap | $44.74B | $7.93B |
Sector | Technology | Technology |
52-Week High | $302.52 | $94.47 |
52-Week Low | $87.81 | $43.30 |
Enterprise Value | $43.32B | $7.15B |
Signals from Pluang's Aura AI — not financial advice
CRDO trades at $249.89, up 8.45% today, with strong technical momentum above key support at $237. The stock shows exceptional fundamental growth with revenue surging from $437M in 2025 to $1.3B projected for 2026, while maintaining robust 35.37% net margins. Recent news highlights Credo's strategic positioning in AI infrastructure through contributions to the Open Compute Project and institutional accumulation.
Outlook remains positive given accelerating AI capex and strong analyst consensus (86.7% buy ratings) with $285.42 price target. Key risks include premium valuation (P/E 95.6), customer concentration, and execution challenges in scaling operations amid competitive AI infrastructure landscape.
Elastic N.V. (ESTC) trades at $75.11, up 7.38% in the past 24 hours, with a bullish technical signal and strong analyst consensus. Recent earnings beats, including Q1 2026 EPS of $0.61 versus $0.561 expected, highlight operational strength. The company announced AI collaborations with OpenAI and AWS security distinctions, driving positive sentiment.
Outlook remains positive due to growth prospects in AI and security, but risks include high valuation multiples and ongoing legal investigations. The stock offers upside to the consensus price target of $74.21, though investors should weigh profitability improvements against competitive pressures.
Trailing returns across standard periods
Latest headlines on both assets
Credo Technology provides high-speed connectivity solutions for AI-driven applications and hyperscale data centers. Its products enable faster, more energy-efficient data transmission for cloud and telecom infrastructure.
Read more on CRDO →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 →