Elastic NV vs MakeMyTrip Ltd — how do they compare? Elastic NV trades at $85.99 (market cap $8.02B), while MakeMyTrip Ltd trades at $60.61 (market cap $5.68B). The key difference: Elastic NV is the larger of the two by market cap, and Elastic NV is trading nearer its 52-week high, MakeMyTrip Ltd nearer its low. Which is the better fit depends on your goals.
| ESTC | MMYT | |
|---|---|---|
Market Cap | $8.02B | $5.68B |
Sector | Technology | Technology |
52-Week High | $94.47 | $103.21 |
52-Week Low | $43.30 | $36.30 |
Enterprise Value | $7.24B | $6.34B |
Signals from Pluang's Aura AI — not financial advice
Elastic (ESTC) trades at $86.03, up 12.68% over 24 hours, reflecting strong momentum. The stock exhibits bullish technical signals with moving averages supporting an uptrend, though RSI levels indicate overbought conditions. Fundamentally, the company shows robust revenue growth, with 2026 revenue projected at $1.7 billion and net income turning positive at $368 million, alongside high gross margins of 76.07%. Recent collaborations with OpenAI and AWS security recognition highlight strategic advancements.
Outlook remains positive with analyst consensus favoring buy ratings (64.71%) and a price target suggesting 26.3% upside to $74.21. Key risks include high valuation multiples like EV/EBITDA of 208.86 and ongoing legal investigations. Investors should weigh growth potential against elevated volatility and competitive pressures in the tech sector.
No Aura AI signal available yet.
Trailing returns across standard periods
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 →MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.
Read more on MMYT →