Microchip Technology Inc. vs Okta, Inc. — how do they compare? Microchip Technology Inc. trades at $83.25 (market cap $43.72B), while Okta, Inc. trades at $141.58 (market cap $25.79B). The key difference: Microchip Technology Inc. is the larger of the two by market cap, and Microchip Technology Inc. pays a 2.26% dividend while Okta, Inc. pays none. Which is the better fit depends on your goals.
| MCHP | OKTA | |
|---|---|---|
Market Cap | $43.72B | $25.79B |
Sector | Technology | Technology |
52-Week High | $102.97 | $154.62 |
52-Week Low | $49.02 | $62.93 |
Enterprise Value | $49.01B | $23.62B |
Dividend Yield | 2.26% | — |
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →