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Compare · OKTA vs SHOP

OKTA vs SHOP

Side-by-side comparison of Okta Inc. (OKTA) and Shopify Inc. (SHOP): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both OKTA and SHOP operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • SHOP is the larger of the two at $109.55B, about 8.2x OKTA ($13.40B).
  • Over the past year, OKTA is down 32.9% and SHOP is up 28.6% - SHOP leads by 61.5 points.
  • OKTA has been more active in the news (6 items in the past 4 weeks vs 3 for SHOP).
  • Both have 25 recent analyst ratings on file.
PerformanceOKTA-32.88%SHOP+28.64%
2025-05-02+0.00%2026-05-01
MetricOKTASHOP
Company
Okta Inc.
Shopify Inc.
Price
$75.76+2.91%
$127.69+5.38%
Market cap
$13.40B
$109.55B
1M return
-4.23%
+7.76%
1Y return
-32.88%
+28.64%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NYSE
IPO
2017
News (4w)
6
3
Recent ratings
25
25
OKTA

Okta Inc.

Okta, Inc. provides identity management platform for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition, the company offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

SHOP

Shopify Inc.

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.