Okta (OKTA) Competitors

$92.59
-0.34 (-0.37%)
(As of 03:17 PM ET)

OKTA vs. BSY, SSNC, NTNX, MANH, NICE, TYL, DT, CHKP, TWLO, and PAYC

Should you be buying Okta stock or one of its competitors? The main competitors of Okta include Bentley Systems (BSY), SS&C Technologies (SSNC), Nutanix (NTNX), Manhattan Associates (MANH), NICE (NICE), Tyler Technologies (TYL), Dynatrace (DT), Check Point Software Technologies (CHKP), Twilio (TWLO), and Paycom Software (PAYC). These companies are all part of the "prepackaged software" industry.

Okta vs.

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

Okta presently has a consensus target price of $100.39, suggesting a potential upside of 8.02%. Bentley Systems has a consensus target price of $58.44, suggesting a potential upside of 7.49%. Given Okta's higher probable upside, analysts plainly believe Okta is more favorable than Bentley Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta
0 Sell rating(s)
20 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.33
Bentley Systems
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.80

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Okta$2.26B6.87-$355M-$2.17-42.82
Bentley Systems$1.23B12.65$326.71M$0.9954.92

Bentley Systems has a net margin of 26.60% compared to Okta's net margin of -15.69%. Bentley Systems' return on equity of 33.87% beat Okta's return on equity.

Company Net Margins Return on Equity Return on Assets
Okta-15.69% -5.69% -3.67%
Bentley Systems 26.60%33.87%7.49%

Okta has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.Comparatively, Bentley Systems has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500.

In the previous week, Bentley Systems had 1 more articles in the media than Okta. MarketBeat recorded 12 mentions for Bentley Systems and 11 mentions for Okta. Bentley Systems' average media sentiment score of 0.74 beat Okta's score of 0.64 indicating that Bentley Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Okta
5 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bentley Systems
6 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

86.6% of Okta shares are owned by institutional investors. Comparatively, 44.2% of Bentley Systems shares are owned by institutional investors. 7.4% of Okta shares are owned by company insiders. Comparatively, 21.1% of Bentley Systems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Okta received 476 more outperform votes than Bentley Systems when rated by MarketBeat users. However, 61.36% of users gave Bentley Systems an outperform vote while only 59.55% of users gave Okta an outperform vote.

CompanyUnderperformOutperform
OktaOutperform Votes
530
59.55%
Underperform Votes
360
40.45%
Bentley SystemsOutperform Votes
54
61.36%
Underperform Votes
34
38.64%

Summary

Bentley Systems beats Okta on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OKTA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OKTA vs. The Competition

MetricOktaPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$15.70B$21.31B$17.66B$7.51B
Dividend YieldN/A2.14%2.75%3.93%
P/E Ratio-42.8286.13219.5515.24
Price / Sales6.879.37525.0079.76
Price / CashN/A65.5827.7135.09
Price / Book2.649.396.554.27
Net Income-$355M$369.03M$566.23M$213.88M
7 Day Performance0.98%3.65%1.92%1.17%
1 Month Performance-11.01%-2.25%-2.75%-4.36%
1 Year Performance34.21%20.40%16.27%8.56%

Okta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BSY
Bentley Systems
4.3268 of 5 stars
$54.42
+2.3%
$58.44
+7.4%
+33.0%$15.55B$1.23B54.975,200Insider Selling
Short Interest ↑
News Coverage
SSNC
SS&C Technologies
4.9428 of 5 stars
$60.98
-0.4%
$70.78
+16.1%
+10.4%$15.08B$5.50B25.6226,000Analyst Report
Short Interest ↓
News Coverage
NTNX
Nutanix
3.8622 of 5 stars
$61.07
+2.0%
$65.17
+6.7%
+160.0%$14.92B$1.86B-169.646,450Short Interest ↓
MANH
Manhattan Associates
4.9161 of 5 stars
$230.63
+1.0%
$231.29
+0.3%
+36.4%$14.20B$928.72M81.784,580Analyst Report
Short Interest ↓
Analyst Revision
NICE
NICE
4.3349 of 5 stars
$228.43
+1.8%
$291.55
+27.6%
+14.1%$14.11B$2.38B44.888,384Analyst Report
TYL
Tyler Technologies
4.3451 of 5 stars
$418.16
+1.6%
$460.46
+10.1%
+25.9%$17.75B$1.95B107.507,300Analyst Report
News Coverage
DT
Dynatrace
4.9411 of 5 stars
$46.23
+1.5%
$61.08
+32.1%
+14.1%$13.61B$1.16B70.054,180Positive News
CHKP
Check Point Software Technologies
4.4935 of 5 stars
$160.80
+1.3%
$160.16
-0.4%
+21.3%$19.42B$2.41B22.586,450Earnings Report
Analyst Report
News Coverage
Positive News
TWLO
Twilio
4.1845 of 5 stars
$60.33
+2.9%
$68.90
+14.2%
+13.8%$10.92B$4.15B-10.895,867
PAYC
Paycom Software
4.8904 of 5 stars
$188.09
+0.7%
$257.18
+36.7%
-35.4%$10.82B$1.69B31.887,308Upcoming Earnings
Positive News

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This page (NASDAQ:OKTA) was last updated on 4/26/2024 by MarketBeat.com Staff

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