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NASDAQ:OKTA

Okta - OKTA Competitors

$84.24
+0.41 (+0.49%)
(As of 03/20/2023 04:23 PM ET)
Add
Compare
Today's Range
$82.31
$84.48
50-Day Range
$64.90
$85.96
52-Week Range
$44.12
$176.18
Volume
1.79 million shs
Average Volume
2.80 million shs
Market Capitalization
$19.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$85.32

OKTA vs. HUBS, NET, PAYC, DDOG, CHKP, MDB, SPLK, PTC, TYL, and SSNC

Should you be buying Okta stock or one of its competitors? The main competitors of Okta include HubSpot (HUBS), Cloudflare (NET), Paycom Software (PAYC), Datadog (DDOG), Check Point Software Technologies (CHKP), MongoDB (MDB), Splunk (SPLK), PTC (PTC), Tyler Technologies (TYL), and SS&C Technologies (SSNC). These companies are all part of the "prepackaged software" industry.

Okta vs.

Okta (NASDAQ:OKTA) and HubSpot (NYSE:HUBS) 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 profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, dividends, earnings and valuation.

In the previous week, Okta had 10 more articles in the media than HubSpot. MarketBeat recorded 18 mentions for Okta and 8 mentions for HubSpot. HubSpot's average media sentiment score of 0.29 beat Okta's score of 0.17 indicating that HubSpot is being referred to more favorably in the news media.

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

HubSpot has a net margin of -6.51% compared to Okta's net margin of -43.87%. HubSpot's return on equity of -11.16% beat Okta's return on equity.

Company Net Margins Return on Equity Return on Assets
Okta -43.87% -12.53% -7.48%
HubSpot -6.51% -11.16% -4.30%

Okta has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500. Comparatively, HubSpot has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500.

Okta presently has a consensus target price of $85.32, suggesting a potential upside of 2.73%. HubSpot has a consensus target price of $422.65, suggesting a potential upside of 9.25%. Given HubSpot's stronger consensus rating and higher probable upside, analysts clearly believe HubSpot is more favorable than Okta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta
4 Sell rating(s)
12 Hold rating(s)
23 Buy rating(s)
0 Strong Buy rating(s)
2.49
HubSpot
0 Sell rating(s)
2 Hold rating(s)
19 Buy rating(s)
1 Strong Buy rating(s)
2.95

HubSpot received 278 more outperform votes than Okta when rated by MarketBeat users. Likewise, 77.16% of users gave HubSpot an outperform vote while only 61.53% of users gave Okta an outperform vote.

CompanyUnderperformOutperform
OktaOutperform Votes
499
61.53%
Underperform Votes
312
38.47%
HubSpotOutperform Votes
777
77.16%
Underperform Votes
230
22.84%

73.0% of Okta shares are owned by institutional investors. Comparatively, 90.9% of HubSpot shares are owned by institutional investors. 7.6% of Okta shares are owned by company insiders. Comparatively, 5.6% of HubSpot shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

HubSpot has lower revenue, but higher earnings than Okta. HubSpot 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$1.86 billion10.15-$815 million-$5.17-16.07
HubSpot$1.73 billion11.04-$112.75 million-$2.35-164.62

Summary

HubSpot beats Okta on 14 of the 19 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.
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$18.85B$15.03B$12.83B$5.77B
Dividend YieldN/A1.99%4.14%4.46%
P/E Ratio-16.0734.93317.1712.26
Price / Sales10.157.34897.4659.52
Price / CashN/A58.9124.3497.15
Price / Book3.4510.338.444.93
Net Income-$815M$272.26M$534.13M$191.77M
7 Day Performance3.84%1.33%1.82%0.07%
1 Month Performance12.23%-8.05%-4.64%-7.64%
1 Year Performance-52.40%-27.94%-11.63%-17.99%

Okta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HUBS
HubSpot
2.1121 of 5 stars
$391.08
-0.5%
$422.65
+8.1%
-19.2%$19.32B$1.73B-166.427,433
NET
Cloudflare
2.1538 of 5 stars
$55.25
+0.8%
$69.96
+26.6%
-50.4%$18.25B$975.24M-92.083,217
PAYC
Paycom Software
3.0949 of 5 stars
$277.88
-0.9%
$387.00
+39.3%
-22.9%$16.76B$1.38B57.296,349Insider Selling
DDOG
Datadog
2.8189 of 5 stars
$67.54
+2.4%
$111.79
+65.5%
-52.9%$21.61B$1.68B-422.134,800
CHKP
Check Point Software Technologies
2.816 of 5 stars
$125.42
-1.1%
$138.41
+10.4%
-7.6%$15.73B$2.33B19.815,805
MDB
MongoDB
2.2756 of 5 stars
$212.13
+3.6%
$253.87
+19.7%
-44.8%$14.70B$1.28B-42.093,544
SPLK
Splunk
2.7695 of 5 stars
$87.86
-2.1%
$115.23
+31.1%
-30.4%$14.38B$3.65B-44.837,000
PTC
PTC
3.1566 of 5 stars
$117.52
-2.0%
$154.55
+31.5%
+6.5%$13.90B$1.93B40.666,503
TYL
Tyler Technologies
2.7219 of 5 stars
$328.11
+0.9%
$433.62
+32.2%
-25.1%$13.72B$1.85B84.787,200Analyst Report
SSNC
SS&C Technologies
3.5741 of 5 stars
$53.82
-1.9%
$68.27
+26.9%
-31.7%$13.49B$5.28B21.7027,600
This page (NASDAQ:OKTA) was last updated on 3/20/2023 by MarketBeat.com Staff