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 contrast the two companies based on the strength of their earnings, institutional ownership, dividends, analyst recommendations, profitability, valuation, risk, community ranking and media sentiment.

Do analysts rate OKTA or SNOW?

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

Does the media prefer OKTA or SNOW?

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

Do institutionals and insiders believe in OKTA or SNOW?

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.

Which has preferable earnings and valuation, 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	6.48	-$355M	$0.63	157.59
Snowflake	$3.84B	18.18	-$836.10M	-$4.21	-49.67

Which has more volatility and risk, OKTA or SNOW?

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.

Does the MarketBeat Community believe in 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%

Summary

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