Okta, Inc. vs Progressive Corp — how do they compare? Okta, Inc. trades at $138.77 (market cap $24.63B), while Progressive Corp trades at $205.19 (market cap $119.71B). The key difference: Progressive Corp is far larger — about 4.9× Okta, Inc.'s market cap, and Progressive Corp pays a 6.75% dividend while Okta, Inc. pays none. Which is the better fit depends on your goals.
| OKTA | PGR | |
|---|---|---|
Market Cap | $24.63B | $119.71B |
Sector | Technology | Financials |
52-Week High | $154.62 | $252.68 |
52-Week Low | $62.93 | $190.40 |
Enterprise Value | $22.45B | $127.93B |
Dividend Yield | — | 6.75% |
Signals from Pluang's Aura AI — not financial advice
OKTA trades at $141.63, down 5.17% in the last session amid broader market volatility. The stock shows strong fundamental improvement with revenue growing to $2.61B in 2025 and achieving positive net income of $28M after years of losses. Technical indicators suggest a bullish trend with strong moving average signals, while oscillators remain neutral. Recent analyst coverage remains overwhelmingly positive with 37 buy ratings versus 2 sell ratings.
The outlook remains constructive given OKTA's position in the growing cybersecurity sector and improving profitability. Key risks include high valuation multiples (P/E of 107.54) and competitive pressures. The consensus price target of $127.96 suggests potential downside from current levels, though the high target of $175.00 indicates significant upside potential if execution continues.
Progressive (PGR) trades at $205.9, down 0.99% on the day, with a bearish technical signal and neutral oscillators. The stock shows strong fundamentals with revenue growth from $49.6B in 2022 to $87.6B in 2025 and net income rising to $11.3B. Recent Q2 2026 earnings missed expectations at $4.64 EPS, but premiums and investment income remain solid. Analyst consensus is mixed with a $234.56 price target, indicating potential upside from current levels.
The outlook for PGR is cautiously optimistic given its valuation at a P/E of 10.65 and consistent profitability. Key risks include competitive pressures in auto insurance and market volatility. Investment opportunity lies in its scale and data-driven pricing, though near-term performance may hinge on earnings execution and macroeconomic factors affecting the insurance sector.
Trailing returns across standard periods
Latest headlines on both assets
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 →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →