Okta, Inc. vs First Trust Cloud Computing ETF — how do they compare? Okta, Inc. trades at $232.13 (market cap $38.50B), while First Trust Cloud Computing ETF trades at $174.89 (market cap $3.47B). The key difference: Okta, Inc. is far larger — about 11.1× First Trust Cloud Computing ETF's market cap, and First Trust Cloud Computing ETF is more actively traded (176,159 versus 2,479,621). Which is the better fit depends on your goals — on Pluang, investors hold Okta, Inc. for 44 Days and First Trust Cloud Computing ETF for 85 Days on average.
| OKTA | SKYY | |
|---|---|---|
Market Cap | $38.50B | $3.47B |
Volume | 2,479,621 | 176,159 |
Sector | Technology | — |
52-Week High | $220.21 | $171.01 |
52-Week Low | $62.93 | $104.16 |
Typical Hold Time | 44 Days | 85 Days |
Enterprise Value | $36.25B | — |
Signals from Pluang's Aura AI — not financial advice
OKTA trades at $220.21, up 1.01% on the day, with a bullish technical signal from moving averages and strong analyst support (73.58% buy ratings). The company reported a net income of $28 million in 2025, marking a return to profitability after losses in prior years, with revenue growing to $2.61 billion. Recent news highlights its AI agent security initiatives, including the Blueprint Alliance unveiled at Oktane 2026.
The outlook is positive due to earnings beats, AI-driven growth potential, and improving cash flow, but risks include high valuation multiples (P/E of 132.66) and competitive pressures in cybersecurity. The stock trades above the consensus price target of $201.30, suggesting near-term consolidation may occur despite long-term growth prospects.
SKYY (First Trust Cloud Computing ETF) trades at $174.885, up 2.4% with strong bullish technical signals from moving averages. The ETF recently hit a 52-week high, benefiting from AI-driven cloud computing demand. Technical indicators show bullish momentum with support at $169 and resistance at $171. The fund provides diversified exposure to cloud infrastructure and software companies without heavy concentration in mega-cap tech stocks.
The outlook remains positive as cloud computing benefits from secular trends including AI adoption and digital transformation. Key risks include sector concentration and market volatility. Institutional activity shows mixed sentiment with some firms trimming positions while broader analyst coverage highlights the ETF's strategic positioning in the growing cloud computing market.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →