Monster Beverage Corp vs Okta, Inc. — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Okta, Inc. trades at $141.5 (market cap $25.79B). The key difference: Monster Beverage Corp is far larger — about 3.6× Okta, Inc.'s market cap. Which is the better fit depends on your goals.
| MNST | OKTA | |
|---|---|---|
Market Cap | $93.35B | $25.79B |
Sector | Consumer Staples | Technology |
52-Week High | $99.94 | $154.62 |
52-Week Low | $58.75 | $62.93 |
Enterprise Value | $91.65B | $23.62B |
Trailing returns across standard periods
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →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 →