Okta, Inc. vs Snowflake Inc — how do they compare? Okta, Inc. trades at $136.54 (market cap $24.63B), while Snowflake Inc trades at $268.03 (market cap $94.18B). The key difference: Snowflake Inc is far larger — about 3.8× Okta, Inc.'s market cap, and Snowflake Inc is trading nearer its 52-week high, Okta, Inc. nearer its low. Which is the better fit depends on your goals.
| OKTA | SNOW | |
|---|---|---|
Market Cap | $24.63B | $94.18B |
Sector | Technology | Technology |
52-Week High | $154.62 | $280.16 |
52-Week Low | $62.93 | $121.11 |
Enterprise Value | $22.45B | $94.00B |
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 →Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →