MSFT
Microsoft Corporation
MSFT has the edge over OKTA overall, supported by lower modeled downside and stronger valuation.
OKTA
Okta, Inc.
OKTA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
OKTA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Unavailable |
OKTA's revenue, profitability and cash flow are currently healthy. There isn't enough data to rate its balance sheet.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT has the edge over OKTA in the historical PE scenario, which offers more potential upside but is not a forecast.
OKTA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 43x | $183 | — |
| Cheap | 62x | $103 | -44% |
| Fair | 83x | $138 | -24% |
| Expensive | 108x | $179 | -1.8% |
| Current | 110x | $183 | — |
Historical ranges are pointers, not guarantees.
OKTA's PE is 110x, but its earnings don't support one, so it isn't a reliable read right now.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
OKTA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Broad | |
| High |
OKTA has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
OKTA has the stronger earnings trend. Trailing diluted EPS is up 36% for MSFT versus OKTA up 98%.
OKTA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.22 | +154% |
| Q3 2024 | -$0.84 | +$2.84 |
| Q2 2024 | -$1.67 | +$2.67 |
| Q1 2024 | -$2.17 | +$2.99 |
| Q4 2023 | -$2.85 | +$3.00 |
| Q3 2023 | -$3.68 | +$2.29 |
| Q2 2023 | -$4.34 | +$2.12 |
| Q1 2023 | -$5.16 | +$0.57 |
| Q4 2022 | -$5.85 | -$1.17 |
OKTA has returned to profit: it earned $1.66 per share over the past year, after losing money the year before.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over OKTA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over OKTA on profitability, with a higher operating margin.
OKTA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $805M | +11% |
| Q2 2026 | $765M | +11% |
| Q1 2026 | $761M | +12% |
| Q4 2025 | $742M | +12% |
| Q3 2025 | $728M | +13% |
| Q2 2025 | $688M | +12% |
| Q1 2025 | $682M | +13% |
| Q4 2024 | $665M | +14% |
OKTA's revenue has grown year over year every quarter since late 2020: $805M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +7.7 points |
| Q2 2026 | 7.3% | +1.7 points |
| Q1 2026 | 6% | +4.9 points |
| Q4 2025 | 3.1% | +5.5 points |
| Q3 2025 | 5.6% | +8.6 points |
| Q2 2025 | 5.7% | +13 points |
| Q1 2025 | 1.2% | +15 points |
| Q4 2024 | -2.4% | +17 points |
OKTA's operating margin was 13% last quarter, up 7.7 points from the same quarter a year ago, near the top of its range since 2019.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
OKTA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $233M | +41% |
| Q2 2026 | $276M | +15% |
| Q1 2026 | $256M | -10% |
| Q4 2025 | $214M | +35% |
| Q3 2025 | $165M | +104% |
| Q2 2025 | $240M | +10% |
| Q1 2025 | $285M | +67% |
| Q4 2024 | $158M | +3.3% |
OKTA has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
OKTA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +1.1M shares |
| 1 year | -1.2% | -2.2M shares |
| 3 years | +11% | +17.5M shares |
| 5 years | +36% | +47M shares |
| Available history | +50% | +59.8M shares |
OKTA has the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $124M |
| Q2 2026 | $248M |
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
OKTA Net Leverage
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
OKTA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 54.8 | Neutral |
OKTA's weekly RSI is 56 (neutral) and its Stochastic is 55 (neutral).
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT has the edge over OKTA on valuation relative to its sector.
OKTA PE vs Technology Sector
| Metric | OKTA | Sector median | Relative |
|---|---|---|---|
| PE | 110x | 28x | 295% above |
| PE % | 88 | 35 | 53 pts above |
OKTA is trading at 110x earnings, a 295% premium to the Technology sector's median of 28x, though its earnings don't support one.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
OKTA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $199.8 | 8.6% below |
| 20 week MA | $171.3 | 6.6% above |
| 50 week MA | $121.6 | 50% above |
| 100 week MA | $108.8 | 68% above |
| 200 week MA | $95.6 | 91% above |
OKTA's trend is up, with a small recent dip: it's below only its 8-week average, and 91% above its 200-week average.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.
OKTA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $119.9 | $275.6 | +130% |
| 2021 | $275.6 | $228.3 | -17% |
| 2022 | $228.3 | $67.0 | -71% |
| 2023 | $67.0 | $90.5 | +35% |
| 2024 | $90.5 | $81.6 | -9.8% |
| 2025 | $81.6 | $88.6 | +8.5% |
| 2026 YTD | $88.6 | $182.5 | +106% |
OKTA has the edge over MSFT on returns for 2026, with the stronger performance.