Analyzing Gaxos.ai (NASDAQ:GXAI) & Okta (NASDAQ:OKTA)

Gaxos.ai (NASDAQ:GXAI) and Okta (NASDAQ:OKTA) are both consumer discretionary companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, risk, valuation, dividends, profitability, earnings and institutional ownership.

Insider & Institutional Ownership

42.6% of Gaxos.ai shares are held by institutional investors. Comparatively, 86.6% of Okta shares are held by institutional investors. 12.0% of Gaxos.ai shares are held by company insiders. Comparatively, 7.0% of Okta shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Gaxos.ai and Okta”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Gaxos.ai	$2,979.00	2,684.53	-$3.95 million	N/A	N/A
Okta	$2.61 billion	7.10	-$355.00 million	$0.04	2,703.40

Gaxos.ai has higher earnings, but lower revenue than Okta.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Gaxos.ai and Okta, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gaxos.ai	0	0	0	0	0.00
Okta	1	13	18	0	2.53

Okta has a consensus target price of $113.90, indicating a potential upside of 5.33%. Given Okta’s stronger consensus rating and higher possible upside, analysts clearly believe Okta is more favorable than Gaxos.ai.

Volatility & Risk

Gaxos.ai has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.Comparatively, Okta has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500.

Profitability

This table compares Gaxos.ai and Okta’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gaxos.ai	N/A	-66.69%	-61.88%
Okta	-1.54%	0.47%	0.32%

Summary

Okta beats Gaxos.ai on 8 of the 12 factors compared between the two stocks.

About Gaxos.ai

Gaxos.ai Inc. engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms. The company was formerly known as The NFT Gaming Company, Inc. and changed its name to Gaxos.ai Inc. in January 2024. Gaxos.ai Inc. was incorporated in 2021 and is based in Roseland, New Jersey.

About Okta

Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.