OKTA vs CYBR Stock Comparison: AI Score, Valuation, Performance and Upside
Okta and CyberArk are complementary identity security platforms addressing different identity problems. Okta manages everyday employee and customer authentication access (SSO, MFA, lifecycle); CyberArk governs the most dangerous privileged credentials that enable administrative and root-level system access. Enterprises typically deploy both rather than choosing one, but as investments they represent different market segments, customer personas, and competitive dynamics.
OKTA vs CYBR is a choice between cloud IAM for standard user access (Okta) and privileged access governance for the most sensitive credentials (CyberArk) — Okta addresses every user's daily authentication, while CyberArk addresses the specific credentials that are most catastrophically dangerous if compromised.
OKTA and CYBR are closely matched — they split the tracked metrics evenly.
- →prefer a cloud IAM specialist serving both workforce and customer identity at scale with neutral multi-cloud positioning
- →value Auth0's developer identity platform as a differentiated CIAM vehicle with consumer-facing application adoption
- →want recovery upside from the 2022 breach trust damage as Okta rebuilds customer confidence and ARR growth reaccelerates
- →are comfortable with Microsoft Entra bundling competition and improving but still moderate profitability
- →prefer the dominant privileged access management specialist with near-monopoly in regulated enterprise environments
- →value machine identity management expansion via Venafi as a large and rapidly growing new TAM
- →want compliance-driven recurring revenue from financial services, government, and critical infrastructure PAM requirements
- →are comfortable with SaaS revenue transition headwinds while subscription ARR replaces perpetual license recognition
| Metric | OKTA | CYBR |
|---|---|---|
| AI score | 40.2 | N/A |
| AI rank | #1076 | N/A |
| Latest close | $117.81 | N/A |
| 1M return | +37.47% | N/A |
| 6M return | +33.24% | N/A |
| 1Y return | +19.00% | N/A |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | OKTA | CYBR |
|---|---|---|
| 1Y ago | $11.9K (+19.0%) started 2025-06-18 | N/A |
| 5Y ago | $4.92K (-50.8%) started 2021-06-18 | N/A |
| 10Y ago | $50.11K (+401.1%) started 2017-04-07 | N/A |
Hypothetical — past performance does not guarantee future results.
| Metric | OKTA | CYBR |
|---|---|---|
| Market cap | $20.48B | N/A |
| Trailing P/E | 85.37 | N/A |
| Forward P/E | 27.53 | N/A |
| Price/Sales | 6.83 | 15.16 |
| EV/Revenue | 6.02 | N/A |
| Analyst target | $119.70 | N/A |
| Target upside | +1.60% | N/A |
| Metric | OKTA | CYBR |
|---|---|---|
| Revenue growth | 11.20% | N/A |
| Earnings growth | 21.20% | N/A |
| EPS growth | +21.20% | N/A |
| FCF margin | +32.64% | N/A |
| Operating margin | N/A | N/A |
| Profit margin | 8.24% | N/A |
| ROIC proxy | 3.67% | N/A |
| Return on equity | 3.67% | N/A |
| Dividend yield | 0.00% | N/A |
| Beta | 0.79 | -0.19 |
| Debt/equity | 5.96 | N/A |
| Current ratio | 1.43 | N/A |
| Quick ratio | 1.30 | N/A |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | OKTA | CYBR |
|---|---|---|---|
| 1Y | Growth | +19.00% | N/A |
| CAGR | +19.01% | N/A | |
| Sharpe ratio | 0.50 | N/A | |
| Max drawdown | 37.75% | N/A | |
| Max daily drop | 10.89% | N/A | |
| Max wkly drop | 21.52% | N/A | |
| 5Y | Growth | -50.76% | N/A |
| CAGR | -13.21% | N/A | |
| Sharpe ratio | -0.04 | N/A | |
| Max drawdown | 83.43% | N/A | |
| Max daily drop | 33.70% | N/A | |
| Max wkly drop | 38.52% | N/A | |
| 10Y | Growth | +401.11% | N/A |
| CAGR | +19.15% | N/A | |
| Sharpe ratio | 0.51 | N/A | |
| Max drawdown | 84.57% | N/A | |
| Max daily drop | 33.70% | N/A | |
| Max wkly drop | 38.52% | N/A |
| Category | OKTA | CYBR |
|---|---|---|
| Company | Okta, Inc. | CyberArk Software Ltd. |
| Sector | Technology | Technology |
| Industry | N/A | N/A |
| Core business | Okta provides cloud identity management — SSO, MFA, lifecycle management, and CIAM — for workforce (employees logging into applications) and customer identity (consumer-facing login for apps). Its neutral, multi-cloud identity platform serves enterprises that want independence from Microsoft's identity ecosystem. Auth0 (acquired 2021) serves developer teams building authentication into consumer-facing products. Okta competes primarily with Microsoft Entra and internally developed auth systems. | CyberArk specializes in privileged access management (PAM) — securing the highly privileged credentials (admin accounts, root access, API keys, service accounts) that attackers most commonly target to move laterally within a breached environment. Its platform covers PAM for humans, machine identity management (Venafi acquisition), secrets management for DevOps, and endpoint privilege security. CyberArk operates at the most sensitive layer of identity security — the 'crown jewel' credentials that if compromised enable full organizational breach. |
| Investor focus | Investors track ARR growth across Workforce Identity and Customer Identity, net dollar retention rate recovery from the 2022 trust damage, AI identity security features, and the path to sustained profitability above 20% operating margins. | Investors track ARR growth, SaaS transition progress (shifting from perpetual licenses to recurring subscription), machine identity expansion via Venafi, and platform expansion into broader identity security beyond traditional PAM. |
- →Best-in-class cloud IAM platform neutral to all cloud vendors — enterprises with multi-cloud or AWS-first environments prefer Okta over Microsoft Entra
- →Auth0 is the default developer identity platform for consumer-facing application authentication, with deep adoption across startup and enterprise developer ecosystems
- →Broad integration library (7,000+ application integrations) creates switching costs from connection infrastructure built around Okta's SAML/OIDC integrations
- →Near-monopoly in privileged access management at large regulated enterprises with compliance-driven deployment requirements
- →Machine identity management (Venafi) addresses the fastest-growing identity attack surface — cloud workload API keys, certificates, and secrets
- →CyberArk is embedded in breach remediation plans at most large financial, government, and critical infrastructure organizations
- →Microsoft Entra bundling within Microsoft 365 creates a free alternative that is capturing mid-market IAM deals
- →2022 Lapsus$ breach damaged enterprise customer trust and slowed new logo acquisition — still recovering
- →CyberArk and CrowdStrike Identity both expand into access management adjacent to Okta's core SSO/MFA market
- →SaaS transition temporarily compresses revenue as perpetual license recognition is replaced by ratable subscription revenue
- →PAM market is mature in large enterprise — growth requires expanding into machine identity and smaller organizations
- →Okta's new privileged access features and CrowdStrike's identity module create competitive pressure at the edges of CyberArk's platform
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