SPLK vs. OKTA, DDOG, PAYC, PATH, ON, ZS, MTD, MDB, GLW, and HPQ
Should you be buying Splunk stock or one of its competitors? The main competitors of Splunk include Okta (OKTA), Datadog (DDOG), Paycom Software (PAYC), UiPath (PATH), Onsemi (ON), Zscaler (ZS), Mettler-Toledo International (MTD), MongoDB (MDB), Corning (GLW), and HP (HPQ). These companies are all part of the "computer and technology" sector.
Okta (NASDAQ:OKTA) and Splunk (NASDAQ:SPLK) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, media sentiment, analyst recommendations, community ranking, valuation, risk and institutional ownership.
Splunk has a net margin of 6.26% compared to Splunk's net margin of -15.69%. Okta's return on equity of 32,117.42% beat Splunk's return on equity.
Splunk received 1258 more outperform votes than Okta when rated by MarketBeat users. Likewise, 77.64% of users gave Splunk an outperform vote while only 59.55% of users gave Okta an outperform vote.
86.6% of Okta shares are held by institutional investors. Comparatively, 87.6% of Splunk shares are held by institutional investors. 7.4% of Okta shares are held by company insiders. Comparatively, 0.2% of Splunk 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.
Okta has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.Comparatively, Splunk has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.
In the previous week, Okta had 1 more articles in the media than Splunk. MarketBeat recorded 10 mentions for Okta and 9 mentions for Splunk. Okta's average media sentiment score of 1.05 beat Splunk's score of 0.55 indicating that Splunk is being referred to more favorably in the news media.
Okta currently has a consensus price target of $100.39, suggesting a potential upside of 7.07%. Splunk has a consensus price target of $135.31, suggesting a potential downside of 13.76%. Given Splunk's stronger consensus rating and higher probable upside, analysts plainly believe Okta is more favorable than Splunk.
Splunk has higher revenue and earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Splunk, indicating that it is currently the more affordable of the two stocks.
Summary
Splunk beats Okta on 11 of the 17 factors compared between the two stocks.
Get Splunk News Delivered to You Automatically
Sign up to receive the latest news and ratings for SPLK and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding SPLK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Related Companies and Tools
