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Okta (OKTA) Competitors

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$208.52 -3.39 (-1.60%)
Closing price 04:00 PM Eastern
Extended Trading
$211.24 +2.72 (+1.30%)
As of 05:30 PM Eastern
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OKTA vs. CRWD, MSFT, ZS, CDNS, and DDOG

Should you buy Okta stock or one of its competitors? Okta's main competitors and comparable companies include CrowdStrike (CRWD), Microsoft (MSFT), Zscaler (ZS), Cadence Design Systems (CDNS), and Datadog (DDOG). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "software" industry.

How does Okta compare to CrowdStrike?

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

Okta has a net margin of 9.63% compared to CrowdStrike's net margin of 0.70%. Okta's return on equity of 4.50% beat CrowdStrike's return on equity.

Company Net Margins Return on Equity Return on Assets
CrowdStrike0.70% 2.42% 1.00%
Okta 9.63%4.50%3.34%

In the previous week, CrowdStrike had 18 more articles in the media than Okta. MarketBeat recorded 43 mentions for CrowdStrike and 25 mentions for Okta. Okta's average media sentiment score of 0.74 beat CrowdStrike's score of 0.45 indicating that Okta is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CrowdStrike
16 Very Positive mention(s)
8 Positive mention(s)
7 Neutral mention(s)
4 Negative mention(s)
3 Very Negative mention(s)
Neutral
Okta
10 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CrowdStrike$4.81B53.05-$162.50M$0.046,232.25
Okta$2.92B12.69$235M$1.66127.66

CrowdStrike currently has a consensus price target of $235.60, suggesting a potential downside of 5.49%. Okta has a consensus price target of $201.10, suggesting a potential downside of 5.10%. Given Okta's stronger consensus rating and higher probable upside, analysts plainly believe Okta is more favorable than CrowdStrike.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CrowdStrike
2 Sell rating(s)
12 Hold rating(s)
38 Buy rating(s)
0 Strong Buy rating(s)
2.69
Okta
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
1 Strong Buy rating(s)
2.79

CrowdStrike has a beta of 1.2, indicating that its stock price is 20% more volatile than the broader market. Comparatively, Okta has a beta of 0.73, indicating that its stock price is 27% less volatile than the broader market.

71.2% of CrowdStrike shares are held by institutional investors. Comparatively, 86.6% of Okta shares are held by institutional investors. 1.7% of CrowdStrike shares are held by company insiders. Comparatively, 4.6% of Okta shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Okta beats CrowdStrike on 11 of the 17 factors compared between the two stocks.

How does Okta compare to Microsoft?

Okta (NASDAQ:OKTA) and Microsoft (NASDAQ:MSFT) are both large-cap technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, media sentiment, risk and profitability.

Microsoft has higher revenue and earnings than Okta. Microsoft 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$2.92B12.69$235M$1.66127.66
Microsoft$331.84B11.94$133.75B$17.9629.72

In the previous week, Microsoft had 343 more articles in the media than Okta. MarketBeat recorded 368 mentions for Microsoft and 25 mentions for Okta. Microsoft's average media sentiment score of 0.90 beat Okta's score of 0.74 indicating that Microsoft is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Okta
10 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Microsoft
226 Very Positive mention(s)
41 Positive mention(s)
43 Neutral mention(s)
43 Negative mention(s)
10 Very Negative mention(s)
Positive

Microsoft has a net margin of 40.31% compared to Okta's net margin of 9.63%. Microsoft's return on equity of 31.98% beat Okta's return on equity.

Company Net Margins Return on Equity Return on Assets
Okta9.63% 4.50% 3.34%
Microsoft 40.31%31.98%18.70%

Okta has a beta of 0.73, meaning that its share price is 27% less volatile than the broader market. Comparatively, Microsoft has a beta of 1.1, meaning that its share price is 10% more volatile than the broader market.

Okta presently has a consensus price target of $201.10, indicating a potential downside of 5.10%. Microsoft has a consensus price target of $581.24, indicating a potential upside of 8.91%. Given Microsoft's stronger consensus rating and higher possible upside, analysts clearly believe Microsoft is more favorable than Okta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
1 Strong Buy rating(s)
2.79
Microsoft
2 Sell rating(s)
5 Hold rating(s)
41 Buy rating(s)
0 Strong Buy rating(s)
2.81

86.6% of Okta shares are owned by institutional investors. Comparatively, 71.1% of Microsoft shares are owned by institutional investors. 4.6% of Okta shares are owned by insiders. Comparatively, 0.0% of Microsoft shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Microsoft beats Okta on 12 of the 17 factors compared between the two stocks.

How does Okta compare to Zscaler?

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

Zscaler presently has a consensus price target of $239.41, indicating a potential upside of 8.44%. Okta has a consensus price target of $201.10, indicating a potential downside of 5.10%. Given Zscaler's higher possible upside, equities analysts plainly believe Zscaler is more favorable than Okta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zscaler
1 Sell rating(s)
7 Hold rating(s)
35 Buy rating(s)
0 Strong Buy rating(s)
2.79
Okta
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
1 Strong Buy rating(s)
2.79

In the previous week, Zscaler had 21 more articles in the media than Okta. MarketBeat recorded 46 mentions for Zscaler and 25 mentions for Okta. Okta's average media sentiment score of 0.74 beat Zscaler's score of 0.73 indicating that Okta is being referred to more favorably in the news media.

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

46.5% of Zscaler shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 17.2% of Zscaler shares are owned by company insiders. Comparatively, 4.6% of Okta 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.

Zscaler has a beta of 0.94, suggesting that its share price is 6% less volatile than the broader market. Comparatively, Okta has a beta of 0.73, suggesting that its share price is 27% less volatile than the broader market.

Okta has lower revenue, but higher earnings than Zscaler. Zscaler 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
Zscaler$3.35B10.74-$63.18M-$0.39N/A
Okta$2.92B12.69$235M$1.66127.66

Okta has a net margin of 9.63% compared to Zscaler's net margin of -1.88%. Okta's return on equity of 4.50% beat Zscaler's return on equity.

Company Net Margins Return on Equity Return on Assets
Zscaler-1.88% 1.23% 0.40%
Okta 9.63%4.50%3.34%

Summary

Okta beats Zscaler on 10 of the 16 factors compared between the two stocks.

How does Okta compare to Cadence Design Systems?

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

Okta presently has a consensus price target of $201.10, indicating a potential downside of 5.10%. Cadence Design Systems has a consensus price target of $404.14, indicating a potential upside of 22.67%. Given Cadence Design Systems' stronger consensus rating and higher possible upside, analysts plainly believe Cadence Design Systems is more favorable than Okta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
1 Strong Buy rating(s)
2.79
Cadence Design Systems
0 Sell rating(s)
3 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.91

Okta has a beta of 0.73, indicating that its stock price is 27% less volatile than the broader market. Comparatively, Cadence Design Systems has a beta of 1.13, indicating that its stock price is 13% more volatile than the broader market.

Cadence Design Systems has a net margin of 23.60% compared to Okta's net margin of 9.63%. Cadence Design Systems' return on equity of 27.98% beat Okta's return on equity.

Company Net Margins Return on Equity Return on Assets
Okta9.63% 4.50% 3.34%
Cadence Design Systems 23.60%27.98%15.35%

86.6% of Okta shares are owned by institutional investors. Comparatively, 84.9% of Cadence Design Systems shares are owned by institutional investors. 4.6% of Okta shares are owned by insiders. Comparatively, 0.5% of Cadence Design Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Okta and Okta both had 25 articles in the media. Cadence Design Systems' average media sentiment score of 0.99 beat Okta's score of 0.74 indicating that Cadence Design Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Okta
10 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Cadence Design Systems
16 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cadence Design Systems has higher revenue and earnings than Okta. Cadence Design Systems 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$2.92B12.69$235M$1.66127.66
Cadence Design Systems$5.30B17.13$1.11B$5.0365.50

Summary

Cadence Design Systems beats Okta on 11 of the 15 factors compared between the two stocks.

How does Okta compare to Datadog?

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

Datadog currently has a consensus price target of $280.51, indicating a potential upside of 4.15%. Okta has a consensus price target of $201.10, indicating a potential downside of 5.10%. Given Datadog's stronger consensus rating and higher probable upside, analysts plainly believe Datadog is more favorable than Okta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Datadog
1 Sell rating(s)
4 Hold rating(s)
38 Buy rating(s)
3 Strong Buy rating(s)
2.93
Okta
0 Sell rating(s)
10 Hold rating(s)
32 Buy rating(s)
1 Strong Buy rating(s)
2.79

78.3% of Datadog shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 6.5% of Datadog shares are owned by insiders. Comparatively, 4.6% of Okta shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Okta has a net margin of 9.63% compared to Datadog's net margin of 4.48%. Datadog's return on equity of 5.67% beat Okta's return on equity.

Company Net Margins Return on Equity Return on Assets
Datadog4.48% 5.67% 3.24%
Okta 9.63%4.50%3.34%

In the previous week, Datadog had 15 more articles in the media than Okta. MarketBeat recorded 40 mentions for Datadog and 25 mentions for Okta. Datadog's average media sentiment score of 0.88 beat Okta's score of 0.74 indicating that Datadog is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Datadog
25 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Okta
10 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Datadog$3.43B28.22$107.74M$0.49549.65
Okta$2.92B12.69$235M$1.66127.66

Datadog has a beta of 1.51, indicating that its stock price is 51% more volatile than the broader market. Comparatively, Okta has a beta of 0.73, indicating that its stock price is 27% less volatile than the broader market.

Summary

Datadog beats Okta on 12 of the 17 factors compared between the two stocks.

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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

MetricOktaSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$36.45B$16.68B$29.96B$12.93B
Dividend YieldN/A3.42%2.76%19.59%
P/E Ratio125.62143.7178.5825.40
Price / Sales11.861,267.14575.7175.42
Price / Cash74.0446.5449.0152.75
Price / Book5.278.937.766.02
Net Income$235M$428.59M$766.36M$380.68M
7 Day Performance-5.31%-0.53%-3.19%-3.01%
1 Month Performance9.49%-0.64%-2.43%-5.59%
1 Year Performance136.02%0.48%161.68%-5.24%

Okta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OKTA
Okta
2.6986 of 5 stars
$208.52
-1.6%
$202.38
-2.9%
+137.9%$36.45B$3.07B125.626,366
CRWD
CrowdStrike
3.0971 of 5 stars
$265.45
-4.8%
$227.17
-14.4%
+103.9%$271.81B$4.81B6,636.3310,698
MSFT
Microsoft
4.9164 of 5 stars
$529.95
+0.1%
$578.73
+9.2%
+3.9%$3.94T$331.84B29.51223,000
ZS
Zscaler
3.9437 of 5 stars
$214.13
+0.9%
$237.46
+10.9%
-26.8%$34.91B$3.35BN/A8,700
CDNS
Cadence Design Systems
4.6394 of 5 stars
$356.16
-0.9%
$404.13
+13.5%
+1.1%$98.08B$5.84B70.8113,800

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This page (NASDAQ:OKTA) was last updated on 10/15/2026 by MarketBeat.com Staff.
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