Compare Elastic NV (ESTC) vs Invesco NASDAQ 100 ETF (QQQM) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Elastic NV vs Invesco NASDAQ 100 ETF — how do they compare? Elastic NV trades at $62.11 (market cap $6.47B), while Invesco NASDAQ 100 ETF trades at $289.84. The key difference: Invesco NASDAQ 100 ETF is trading nearer its 52-week high, Elastic NV nearer its low. Which is the better fit depends on your goals.
| ESTC | QQQM | |
|---|---|---|
Market Cap | $6.47B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $94.47 | $307.23 |
52-Week Low | $43.30 | $228.02 |
Enterprise Value | $5.69B | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Elastic (ESTC) trades at $62.84, up 0.83% on the day, with a bullish technical signal from moving averages. The company shows strong profitability metrics with a 76.07% gross margin and 21.14% net margin, though current earnings show a net loss. Recent news highlights Elastic Security achieving a 100% malware protection score (Business Wire, July 15, 2026), while multiple law firm investigations create headline risk.
The outlook is mixed: analyst consensus is strongly bullish with a $73 price target and no sell ratings, but high EV/EBITDA (164.13) suggests premium valuation. Key opportunities include consistent earnings beats and leadership in security markets, while risks include ongoing legal investigations and the transition to profitability from current net losses.
The Invesco NASDAQ 100 ETF (QQQM) trades at $290.95, down 1.81% on the day, with technical indicators showing a neutral to bearish bias. The fund provides concentrated exposure to mega-cap U.S. growth and technology companies, including recent addition SpaceX, which now holds a ~1% weighting. A key advantage is its 0.15% expense ratio, lower than the popular QQQ, making it attractive for long-term investors seeking cost-efficient Nasdaq-100 exposure.
The outlook is balanced between structural growth from AI infrastructure spending and near-term valuation concerns. Investment opportunity lies in capturing the long-term growth of leading tech innovators at a lower cost. Primary risks include stretched valuations in key holdings, rising AI competition pressuring margins, and market concentration in the tech sector.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About Elastic NV
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 →About Invesco NASDAQ 100 ETF
QQQM is an ETF designed to track the performance of the NASDAQ-100 Index. It provides exposure to the 100 largest non-financial companies listed on the NASDAQ. Positioned as a lower-cost and more long-term-investor-friendly alternative to its peer QQQ, QQQM offers the same fundamental market exposure but typically has a lower share price and is structured to appeal to investors focused on accumulation rather than active trading.
Read more on QQQM →
