Elastic NV vs Progressive Corp — how do they compare? Elastic NV trades at $77.12 (market cap $7.94B), while Progressive Corp trades at $207 (market cap $123.45B). The key difference: Progressive Corp is far larger — about 15.5× Elastic NV's market cap, and Progressive Corp pays a 6.55% dividend while Elastic NV pays none. Which is the better fit depends on your goals.
| ESTC | PGR | |
|---|---|---|
Market Cap | $7.94B | $123.45B |
Sector | Technology | Financials |
52-Week High | $94.47 | $252.68 |
52-Week Low | $43.30 | $190.40 |
Enterprise Value | $7.16B | $131.66B |
Dividend Yield | — | 6.55% |
Signals from Pluang's Aura AI — not financial advice
Elastic N.V. (ESTC) trades at $77.16, up 1.1% with a bullish technical outlook. The stock shows strong profitability with a 76.07% gross margin and has beaten earnings estimates for three consecutive quarters. Recent news highlights include a collaboration with OpenAI and recognition as a leader in Gartner's Magic Quadrant for Observability Platforms. Institutional activity is mixed, with Amundi increasing its stake while BNY Mellon reduced its position.
The outlook is positive, supported by earnings momentum and strategic partnerships, but risks include high valuation multiples and a recent legal investigation. Analyst consensus is bullish with a $74.21 price target, though the current price exceeds this, indicating potential near-term consolidation. Revenue growth and AI integration present key opportunities for long-term investors.
Progressive (PGR) trades at $207.58, down 2.98% on the day, as technical indicators signal a bearish trend. Fundamentally, the company shows strong revenue growth from $49.6B in 2022 to $87.6B in 2025, with net income margins expanding to 12.85%. Recent Q2 2026 earnings beat estimates at $4.85 per share, though Q1 2026 missed expectations. Analyst consensus remains mixed with a $231.20 price target, representing 11.4% upside potential from current levels.
The stock presents a value opportunity with a P/E of 10.65 below industry averages, supported by robust cash flow generation and expanding profitability. Key risks include competitive pressures in insurance markets and potential margin compression from growth investments. Institutional ownership remains substantial despite recent portfolio adjustments by some funds.
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 →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →