COMPARE · Data as of August 21, 2026
OKTA vs SAIL
Verdict: Side-by-side breakdown using the Bull Rankings model. OKTA scored 54.1, SAIL scored 49.4 — OKTA leads.
Compare another set
OKTA
Okta, Inc.
54.1
$135.14 · $23.5B
fundamentals as of
Score gap
4.7
OKTA leads
SAIL
SailPoint, Inc.
49.4
$18.64 · $10.6B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthSAIL+24.0%
- Strongest balance sheetSAIL0.00
- Highest qualityOKTA48 / 100
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
OKTA
stronger →← stronger
SAIL
48
Qualityreturns · margins · balance sheet
40
79
Growthrevenue & earnings expansion
91
41
Valuevaluation vs sector peers
33
OKTA is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
OKTA
SAIL
$911mC+
FCF
$201mC
+11.7%B
Rev
+24.0%A-
0.06A-
D/E
0.00A
97.9xD
P/E
—
1.34B
PEG
—
—
P/S
9.4xC
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
OKTA
SAIL
18% above
Price vs fair valuelower is cheaper
130% above
~12%/yr
Growth the price implies10-yr FCF · lower = less priced in
~36%/yr
-24%
1-yr DCF upside
-66%
-15%
5-yr DCF upside
-56%
0%
10-yr DCF upside
-36%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
OKTA
Why this score
- Diluting shareholders
SAIL
Why this score
- Short track record
The companies
OKTAOkta, Inc.
Why now
Software - Infrastructure · market cap $23.5b. 14% off the 52-week high of $157.00. Revenue growing +12%, comfortably above the S&P median. 43 sell-side analysts rate this a Buy with a mean 1-yr target of $143.55 (implying +6% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.
Risk
Trailing P/E 97.9x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. ROE 4% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. AI-native re-pricing — GPT-class models are compressing the cost of features that took years to build; the moat thesis depends on owning the workflow, not just the feature set.
SAILSailPoint, Inc.
Why now
Software - Infrastructure · market cap $10.6b. Down 22% from 52-week high of $24.00 — deep drawdown territory. Revenue growing +24%, comfortably above the S&P median. 25 sell-side analysts rate this a Buy with a mean 1-yr target of $19.86 (implying +7% upside).
Moat
Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.
Risk
Currently unprofitable (margin -14.0%) — path to GAAP profitability is the core thesis risk. ROE -2% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where OKTA and SAIL diverge
On the headline score the gap is 4.7 points in favor of OKTA. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- GrowthOKTA 79.0 · SAIL 91.4SAIL +12.4
- QualityOKTA 48.5 · SAIL 40.0OKTA +8.5
- ValueOKTA 41.4 · SAIL 33.0OKTA +8.4
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.