Okta (OKTA) Competitors

Okta (NASDAQ:OKTA) and Snowflake (NYSE:SNOW) are both large-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

Does the MarketBeat Community prefer OKTA or SNOW?

Okta received 293 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 58.54% of users gave Okta an outperform vote while only 54.39% of users gave Snowflake an outperform vote.

Company	Underperform	Outperform
Okta	Outperform Votes 603 58.54%	Underperform Votes 427 41.46%
Snowflake	Outperform Votes 310 54.39%	Underperform Votes 260 45.61%

Is OKTA or SNOW more profitable?

Okta has a net margin of -1.54% compared to Snowflake's net margin of -33.02%. Okta's return on equity of 0.47% beat Snowflake's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Okta	-1.54%	0.47%	0.32%
Snowflake	-33.02%	-24.23%	-13.30%

Does the media prefer OKTA or SNOW?

In the previous week, Snowflake had 20 more articles in the media than Okta. MarketBeat recorded 43 mentions for Snowflake and 23 mentions for Okta. Okta's average media sentiment score of 1.26 beat Snowflake's score of 0.74 indicating that Okta is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Okta	14 Very Positive mention(s)	4 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Snowflake	21 Very Positive mention(s)	6 Positive mention(s)	8 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has more volatility and risk, OKTA or SNOW?

Okta has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, Snowflake has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500.

Which has stronger valuation & earnings, OKTA or SNOW?

Okta has higher earnings, but lower revenue than Snowflake. Snowflake is trading at a lower price-to-earnings ratio than Okta, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Okta	$2.68B	6.37	-$355M	$0.63	154.73
Snowflake	$3.84B	18.10	-$836.10M	-$4.21	-49.44

Do institutionals & insiders have more ownership in OKTA or SNOW?

86.6% of Okta shares are owned by institutional investors. Comparatively, 65.1% of Snowflake shares are owned by institutional investors. 5.7% of Okta shares are owned by company insiders. Comparatively, 6.8% of Snowflake shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Do analysts recommend OKTA or SNOW?

Okta currently has a consensus target price of $121.59, suggesting a potential upside of 24.73%. Snowflake has a consensus target price of $223.50, suggesting a potential upside of 7.38%. Given Okta's higher probable upside, analysts plainly believe Okta is more favorable than Snowflake.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Okta	1 Sell rating(s)	14 Hold rating(s)	20 Buy rating(s)	0 Strong Buy rating(s)	2.54
Snowflake	2 Sell rating(s)	6 Hold rating(s)	32 Buy rating(s)	2 Strong Buy rating(s)	2.81

Summary

Okta beats Snowflake on 10 of the 19 factors compared between the two stocks.