Free Trial

Okta (OKTA) Competitors

Okta logo
$99.22 +1.74 (+1.78%)
Closing price 04:00 PM Eastern
Extended Trading
$99.26 +0.05 (+0.05%)
As of 05:23 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

OKTA vs. SNOW, RBLX, NET, TEAM, ZS, VEEV, DDOG, EA, TTD, and WIT

Should you be buying Okta stock or one of its competitors? The main competitors of Okta include Snowflake (SNOW), Roblox (RBLX), Cloudflare (NET), Atlassian (TEAM), Zscaler (ZS), Veeva Systems (VEEV), Datadog (DDOG), Electronic Arts (EA), Trade Desk (TTD), and Wipro (WIT). These companies are all part of the "computer software" industry.

Okta vs. Its Competitors

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

Okta presently has a consensus price target of $121.59, indicating a potential upside of 22.47%. Snowflake has a consensus price target of $223.50, indicating a potential upside of 6.88%. Given Okta's higher probable upside, equities research 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

In the previous week, Snowflake had 12 more articles in the media than Okta. MarketBeat recorded 41 mentions for Snowflake and 29 mentions for Okta. Okta's average media sentiment score of 1.15 beat Snowflake's score of 0.87 indicating that Okta is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Okta
15 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Snowflake
25 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Okta$2.68B6.48-$355M$0.63157.59
Snowflake$3.84B18.18-$836.10M-$4.21-49.67

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

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.

CompanyUnderperformOutperform
OktaOutperform Votes
603
58.54%
Underperform Votes
427
41.46%
SnowflakeOutperform Votes
310
54.39%
Underperform Votes
260
45.61%

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%

Summary

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

Get Okta News Delivered to You Automatically

Sign up to receive the latest news and ratings for OKTA and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

OKTA vs. The Competition

MetricOktaPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$17.38B$28.08B$26.35B$8.63B
Dividend YieldN/A1.60%2.85%4.17%
P/E Ratio-283.66117.7244.8519.77
Price / Sales6.4816.481,725.30150.77
Price / CashN/A86.0634.7434.64
Price / Book2.829.696.954.68
Net Income-$355M$440.05M$742.69M$247.80M
7 Day Performance-1.90%-3.23%-0.07%0.13%
1 Month Performance-22.01%1.13%2.30%4.02%
1 Year Performance10.61%29.78%52,756.98%15.43%

Okta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OKTA
Okta
4.8081 of 5 stars
$99.22
+1.8%
$121.59
+22.5%
+8.6%$17.37B$2.68B-283.496,010Positive News
SNOW
Snowflake
3.8552 of 5 stars
$207.64
-0.3%
$222.81
+7.3%
+63.7%$69.41B$3.84B-61.323,990Analyst Forecast
Insider Trade
RBLX
Roblox
2.4335 of 5 stars
$95.63
+2.0%
$74.91
-21.7%
+177.3%$64.80B$3.84B-65.882,130Analyst Forecast
Insider Trade
NET
Cloudflare
3.6584 of 5 stars
$179.95
+0.3%
$145.92
-18.9%
+127.1%$62.41B$1.77B-818.403,220Insider Trade
TEAM
Atlassian
4.8735 of 5 stars
$210.05
-1.4%
$285.29
+35.8%
+22.9%$55.14B$4.96B-156.758,810Analyst Downgrade
Insider Trade
ZS
Zscaler
3.941 of 5 stars
$301.00
+1.0%
$288.71
-4.1%
+63.9%$46.85B$2.55B-1,203.544,980Analyst Upgrade
VEEV
Veeva Systems
3.7576 of 5 stars
$284.98
+0.3%
$269.80
-5.3%
+52.6%$46.36B$2.86B70.355,480Positive News
DDOG
Datadog
4.6322 of 5 stars
$120.46
+0.5%
$141.59
+17.5%
+2.2%$41.58B$2.83B236.074,800Insider Trade
Short Interest ↓
EA
Electronic Arts
4.2776 of 5 stars
$146.91
-0.2%
$161.88
+10.2%
+9.2%$36.85B$7.46B37.3912,900Positive News
TTD
Trade Desk
4.3738 of 5 stars
$73.81
+2.0%
$97.15
+31.6%
-29.0%$36.20B$2.57B94.442,770Positive News
WIT
Wipro
1.7551 of 5 stars
$3.01
+1.2%
N/A-46.1%$31.43B$890.88B20.73240,000Positive News

Related Companies and Tools


This page (NASDAQ:OKTA) was last updated on 6/16/2025 by MarketBeat.com Staff
From Our Partners