NBIS vs. OKTA: Nebius vs. Okta Stock Comparison

Company Profile

Nebius (NBIS) and Okta (OKTA) both fall under the Software & Services industry group, but NBIS is classified in Software while OKTA is classified in IT Services.

Okta (OKTA) has been public since April 7, 2017, giving it a longer listed trading history, while Nebius (NBIS) listed on October 21, 2024 and still has a shorter public-market record.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Nebius (NBIS) carries a highly aggressive beta of 4.66, indicating much higher sensitivity to broad-market moves, whereas Okta (OKTA) is closer to market-like at 0.76 — a noticeable difference in market-sensitivity profile.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Nebius (NBIS) at 0.60% and Okta (OKTA) at 4.31% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Both Nebius (NBIS) at 3.13% and Okta (OKTA) at 9.63% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Nebius (NBIS) reports a negative operating margin of -0.22%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Okta (OKTA) reports 13.29%, ranking against industry peers normally.

Profitability Metrics

Growth

Nebius (NBIS) at 479.02% clears its industry range for revenue growth, far stronger top-line momentum than Okta (OKTA) at 11.84%, which is closer to a typical peer reading.

Only one side can be read here: Okta (OKTA) reports EPS growth of 2,083.33%, ranked against its industry; Nebius (NBIS) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Okta (OKTA) at 1.53 keeps current ratio within its industry’s typical mid-range, while Nebius (NBIS) at 4.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Okta (OKTA) at 0.01 keeps leverage in the lower industry quartile, while Nebius (NBIS) at 0.99 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Neither Nebius (NBIS) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither Nebius (NBIS) nor Okta (OKTA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

Both Nebius (NBIS) at 101.16 and Okta (OKTA) at 101.62 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

Both look expensive on sales: Okta (OKTA) at 9.60 sits in the upper P/S ratio quartile, and Nebius (NBIS) at 25.98 prices even higher, above its industry range.

On P/B ratio, both Nebius (NBIS) at 3.43 and Okta (OKTA) at 4.23 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics