CRWV vs DDOG vs ESTC Stock Comparison

CoreWeave, Datadog and Elastic Prices as of Oct 27, 2026 Peers: Industry group
CRWV CoreWeave, Inc.
$59.57 -32.0% 1M -56.2% 1Y
Market cap
$35.06B
P/E
–
Revenue (TTM)
$7.59B
Div. yield
–
Cloud Platforms Technology
1 win
DDOG Datadog, Inc.
$280.82 +4.7% 1M +78.2% 1Y
Market cap
$99.17B
P/E
558.5x
Revenue (TTM)
$3.97B
Div. yield
–
IT Operations Software Technology
3 wins
ESTC Elastic N.V.
$105.51 +19.9% 1M +19.0% 1Y
Market cap
$11.10B
P/E
29.5x
Revenue (TTM)
$1.80B
Div. yield
–
Data Infrastructure Technology
7 wins

Head to Head

11 decided of 12

Elastic leads on 7 of the 12 questions below (Elastic 7, Datadog 3, CoreWeave 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCRWVDDOGESTCLeader
Larger companyMarket capitalisation $35.06B $99.17B $11.10B DDOG
Cheaper on earningsLower P/E, profitable companies only -18.2x 558.5x 29.5x ESTC
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 103.2x 30.1x ESTC
Faster revenue growthRevenue growth, trailing twelve months +115.3% +31.5% +16.2% CRWV
More profitableNet margin, trailing twelve months -25.4% 4.5% 20.8% ESTC
Better return on capitalReturn on invested capital -1.2% — 0.0% ESTC
Less leveragedLower net debt / EBITDA -0.5x — -10.8x ESTC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -56.2% +78.2% +19.0% DDOG
Better 5-year returnAnnualised price return, 5 years — +11.8%/yr -9.3%/yr DDOG
Less volatileAnnualised volatility, 1 year 95.9% 69.0% 58.1% ESTC
Higher overall scoreMean of the five percentile scores vs peers 48/100 65/100 71/100 ESTC

Percentile Scorecard

CRWVDDOGESTC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCRWVDDOGESTC
Valuation 62 #15 of 38 31 #86 of 124 70 #38 of 124
Growth 60 #15 of 36 90 #12 of 113 81 #22 of 113
Profitability 52 #17 of 34 77 #26 of 109 67 #37 of 109
Financial Health 38 #24 of 38 76 #31 of 127 52 #61 of 127
Shareholder Returns 30 #15 of 21 53 #31 of 65 86 #10 of 65
Overall 48 65 71
  • CRWV ranked among 39 companies in Cloud Computing
  • DDOG ranked among 137 companies in Infrastructure Software
  • ESTC ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCRWVDDOGESTCSPY
1 month -32.0%+4.7%+19.9% -0.2%
3 months -11.5%+11.9%+70.0% +3.9%
6 months -43.6%+113.5%+122.4% +8.2%
Year to date -16.8%+106.5%+39.9% +12.9%
1 year -56.2%+78.2%+19.0% +12.3%
3 years —+243.8%+39.7% +87.4%
3 years, per year —+51.0%+11.8% +23.3%
5 years —+74.4%-38.5% +67.9%
5 years, per year —+11.8%-9.3% +10.9%

Risk

MeasureCRWVDDOGESTCSPY
Volatility, 1Y 95.9%69.0%58.1% 12.7%
Downside volatility, 1Y 92.1%59.7%59.1% 12.7%
Beta vs S&P 500, 1Y 3.651.281.14 1.00
Return / volatility, 1Y -0.591.130.33 0.97
Max drawdown, 5Y -70.5%-68.1%-76.8% -25.4%
From 52-week high -57.4%-4.2%-0.7% -1.2%
52-week high $139.93$293.26$106.26 $779.14
52-week low $54.24$102.61$43.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCRWVDDOGESTC
P/E now vs peer median -17.0xmedian 29.5x 563.4xmedian 38.6x 29.4xmedian 38.6x
P/S now vs peer median 4.3xmedian 4.5x 25.4xmedian 4.4x 6.2xmedian 4.4x
EV/EBITDA now vs peer median 8.0xmedian 23.9x 584.8xmedian 34.5x 123.3xmedian 34.5x
P/FCF now vs peer median -2.4xmedian 15.0x 85.3xmedian 29.4x 31.8xmedian 29.4x
P/B now vs peer median 6.5xmedian 4.3x 23.1xmedian 3.3x 8.6xmedian 3.3x
PEG now vs peer median —median 0.38 9.92median 1.28 0.55median 1.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCRWVDDOGESTC
Revenue $7.59B $3.97B $1.80B
Gross profit $5.12B $3.15B $1.36B
Operating income -$230.74M $16.33M -$47.61M
Net income -$1.93B $177.58M $375.64M
Free cash flow -$13.66B $1.18B $349.04M
R&D – $1.73B $455.30M
EPS (diluted) $-3.50 $0.48 $3.59
Cash & equivalents $5.52B $434.96M $879.87M
Total debt $3.66B – $571.20M
Shares (diluted) 551.00M 371.02M 104.64M
Enterprise value $22.15B $80.81B $5.62B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCRWVDDOGESTC
P/E -17.0x 563.4x 29.4x
P/FCF -2.4x 85.3x 31.8x
P/Operating cash flow 4.7x 82.0x 31.3x
P/S 4.3x 25.4x 6.2x
P/B 6.5x 23.1x 8.6x
P/Tangible book 6.9x 23.2x 8.6x
EV/EBITDA 8.0x 584.8x 123.3x
EV/EBIT -134.1x 5,868x -214.3x
EV/Revenue 4.1x 24.2x 5.7x
EV/FCF -2.3x 81.1x 29.2x
EV/Operating cash flow 4.5x 78.0x 28.8x
PEG (3Y EPS CAGR) – 9.92 0.55

Growth

14 metrics
MetricCRWVDDOGESTC
Revenue growth (1Y) 115.3% 31.5% 16.2%
Revenue CAGR (3Y) – 27.9% 17.4%
Gross profit growth (1Y) 94.9% 30.8% 16.7%
Gross profit CAGR (3Y) – 28.0% 18.8%
Operating income growth (1Y) -204.2% 189.5% -56.0%
Operating income CAGR (3Y) – 28.7% 37.5%
Net income growth (1Y) -89.8% 42.5% 549.9%
Net income CAGR (3Y) – 60.5% 55.3%
EPS growth (1Y) -50.8% 37.8% 555.6%
EPS CAGR (3Y) – 56.8% 53.7%
Operating cash flow growth (1Y) 983.6% 27.3% 11.3%
Operating cash flow CAGR (3Y) – 36.3% 62.1%
Free cash flow growth (1Y) -72.1% 27.7% 11.2%
Free cash flow CAGR (3Y) – 37.6% 63.2%

Profitability

14 metrics
MetricCRWVDDOGESTC
Gross margin 67.4% 79.5% 75.5%
EBITDA margin 51.2% 4.1% 4.6%
Operating margin -3.0% 0.4% -2.6%
Pretax margin -25.3% 5.0% -1.1%
Net margin -25.4% 4.5% 20.8%
FCF margin -179.9% 29.8% 19.4%
Operating cash flow margin 91.1% 31.0% 19.6%
Return on equity -39.4% 4.2% 29.2%
Return on assets -2.9% 2.4% 12.2%
Return on invested capital -1.2% – 0.0%
Return on capital employed -0.5% 0.3% -2.3%
Asset turnover 0.1x 0.5x 0.6x
Cash conversion (OCF / net income) -3.6x 6.9x 0.9x
Stock comp / revenue 8.2% 20.7% 16.8%

Financial Health

11 metrics
MetricCRWVDDOGESTC
Debt / assets 4.8% – 19.0%
Debt / equity 0.7x – 0.4x
Net debt / EBITDA -0.5x – -10.8x
Debt / FCF -0.3x – 1.6x
Liabilities / assets 93.5% 42.1% 56.8%
Equity / assets 6.5% 57.9% 43.2%
Interest coverage – 1.4x -1.9x
Current ratio 0.5x 3.2x 1.8x
Quick ratio 0.4x 3.2x 1.6x
Cash ratio 0.3x 2.7x 1.4x
Altman Z-score 0.11 20.25 4.44

Shareholder Returns

7 metrics
MetricCRWVDDOGESTC
Dividend yield – – –
Net buyback yield -9.1% -0.1% 3.1%
Shareholder yield -9.1% -0.1% 3.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCRWVDDOGESTC
Forward P/E – 103.2xFY2026 30.1xFY2026
EPS, next fiscal year $-3.88FY2026 $2.72FY2026 $3.51FY2026
EPS growth, next FY – +32.7%FY2026 +36.6%FY2026
EPS growth, the year after – +1.8% +19.4%
Revenue, next fiscal year $13.22BFY2026 $4.18BFY2026 $1.88BFY2026
Revenue growth, next FY +157.7%FY2026 +21.7%FY2026 +8.2%FY2026
Revenue growth, the year after +113.8% +24.9% +18.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCRWVDDOGESTC
Held by institutions 87.2% 90.4% 86.4%
Institutions holding 962 1,265 371
Change in shares held, QoQ +27.1% +6.1% +1.7%
Institutions buying 690 738 199
Institutions selling 171 432 129
Buyers to sellers 4.04 1.71 1.54

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CRWVDDOGESTC
CRWV 1.00 0.14 0.16
DDOG 0.14 1.00 0.50
ESTC 0.16 0.50 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CRWV, DDOG and ESTC?

Datadog (DDOG) is the largest by market capitalisation: CoreWeave (CRWV) $35.06B, Datadog (DDOG) $99.17B, Elastic (ESTC) $11.10B.

Which stock is cheaper, CRWV, DDOG and ESTC?

Elastic (ESTC) trades on the lowest price-to-earnings ratio (CoreWeave (CRWV) -18.2x, Datadog (DDOG) 558.5x, Elastic (ESTC) 29.5x). On next year's consensus earnings, Elastic (ESTC) is cheapest (Datadog (DDOG) 103.2x, Elastic (ESTC) 30.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

CoreWeave (CRWV) grew revenue fastest over the trailing twelve months: CoreWeave (CRWV) +115.3%, Datadog (DDOG) +31.5%, Elastic (ESTC) +16.2%.

Which company is more profitable?

Elastic (ESTC) has the highest net margin (CoreWeave (CRWV) -25.4%, Datadog (DDOG) 4.5%, Elastic (ESTC) 20.8%). On return on invested capital, Elastic (ESTC) leads (CoreWeave (CRWV) -1.2%, Elastic (ESTC) 0.0%).

Which stock has performed better?

Over the past year Datadog (DDOG) returned the most: CoreWeave (CRWV) -56.2%, Datadog (DDOG) +78.2%, Elastic (ESTC) +19.0%. Over five years, Datadog (DDOG) compounded fastest (Datadog (DDOG) +11.8%/yr, Elastic (ESTC) -9.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Elastic (ESTC) has been the steadiest (CoreWeave (CRWV) 95.9%, Datadog (DDOG) 69.0%, Elastic (ESTC) 58.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CRWV, DDOG and ESTC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elastic (ESTC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.