Essex Property Trust, Inc. vs Elastic NV — how do they compare? Essex Property Trust, Inc. trades at $282.11 (market cap $18.20B), while Elastic NV trades at $76.44 (market cap $7.93B). The key difference: Essex Property Trust, Inc. is far larger — about 2.3× Elastic NV's market cap, and Essex Property Trust, Inc. pays a 3.66% dividend while Elastic NV pays none. Which is the better fit depends on your goals.
| ESS | ESTC | |
|---|---|---|
Market Cap | $18.20B | $7.93B |
Sector | Real Estate | Technology |
52-Week High | $298.33 | $94.47 |
52-Week Low | $239.61 | $43.30 |
Enterprise Value | $24.80B | $7.15B |
Dividend Yield | 3.66% | — |
Signals from Pluang's Aura AI — not financial advice
ESS trades at $288.1, up 1.05% daily, with a neutral technical signal and support near $284. The stock shows strong profitability with a 21.48% net margin and recent Q2 2026 earnings miss on EPS but beat on FFO, leading to raised full-year guidance. Revenue growth is steady, reaching $1.89B in 2025, though net income declined to $670M from $742M in 2024.
Outlook is cautiously optimistic with a consensus price target of $305.86, implying ~6% upside. Risks include high debt levels (debt-to-asset ratio of 51.92% in 2024) and regional economic exposure. Analyst sentiment is mixed with 40% buy ratings, but institutional interest grew with Amundi increasing its stake in Q1 2026.
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
Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Read more on ESS →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 →