Sifting through countless of stocks in the IT Services industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Okta, Inc., Manhattan Associates or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Okta, Inc., Manhattan Associates and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Okta, Inc., Manhattan Associates and Inc.

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides demand forecasting and replenishment, allocation, and unified business planning; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.

Latest IT Services and Okta, Inc., Manhattan Associates, Inc. Stock News

As of September 11, 2026, Okta, Inc. had a $29.1 billion market capitalization, compared to the IT Services median of $822.0 million. Okta, Inc.’s stock is up 92.6% in 2026, down 2.3% in the previous five trading days and up 84.57% in the past year.

Currently, Okta, Inc.’s price-earnings ratio is 101.3. Okta, Inc.’s trailing 12-month revenue is $3.1 billion with a 9.6% net profit margin. Year-over-year quarterly sales growth most recently was 10.6%. Analysts expect adjusted earnings to reach $3.929 per share for the current fiscal year. Okta, Inc. does not currently pay a dividend.

As of September 11, 2026, Manhattan Associates, Inc. had a $11.8 billion market cap, putting it in the 80th percentile of all stocks. Manhattan Associates, Inc.’s stock is up 16.5% in 2026, down 9.2% in the previous five trading days and down 4.94% in the past year.

Currently, Manhattan Associates, Inc.’s price-earnings ratio is 57.8. Manhattan Associates, Inc.’s trailing 12-month revenue is $1.1 billion with a 18.7% net profit margin. Year-over-year quarterly sales growth most recently was 9.3%. Analysts expect adjusted earnings to reach $5.498 per share for the current fiscal year. Manhattan Associates, Inc. does not currently pay a dividend.

How We Compare Okta, Inc., Manhattan Associates and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Okta, Inc., Manhattan Associates and Inc.’s stock grades to see how they measure up against one another.

Learn more about A+ Investor here!

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

Okta, Inc., Manhattan Associates and Inc. Stock Value Grades

Company	Ticker	Value
Okta, Inc.	OKTA	F
Manhattan Associates, Inc.	MANH	F

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Okta, Inc. has a Value Score of 11, which is Ultra Expensive. Manhattan Associates, Inc. has a Value Score of 11, which is Ultra Expensive.

The Value Stock Winner: No Clear Winner

Neither Okta, Inc., Manhattan Associates or Inc. has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if Okta, Inc., Manhattan Associates or Inc. is the better investment when it comes to value.

Okta, Inc., Manhattan Associates and Inc.’s Momentum Grades

Company	Ticker	Momentum
Okta, Inc.	OKTA	A
Manhattan Associates, Inc.	MANH	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Okta, Inc. has a Momentum Score of 92, which is Very Strong. Manhattan Associates, Inc. has a Momentum Score of 72, which is Strong.

The Momentum Grade Winner: Okta, Inc.

As you can clearly see from the Momentum Grade breakdown above, Okta, Inc. is considered to have stronger momentum compared to Manhattan Associates, Inc.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Okta, Inc. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Okta, Inc., Manhattan Associates and Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Okta, Inc.	OKTA	A
Manhattan Associates, Inc.	MANH	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Okta, Inc. has a Earnings Estimate Score of 81, which is Very Positive. Manhattan Associates, Inc. has a Earnings Estimate Score of 72, which is Positive.

The Earnings Estimate Revisions Grade Winner: Okta, Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Okta, Inc. has a better Earnings Estimate Revisions Grade than Manhattan Associates, Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Okta, Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Okta, Inc., Manhattan Associates and Inc. Grades

In addition to Estimate Revisions, Value and Momentum, A+ Investor also provides grades for Growth and Quality.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Okta, Inc., Manhattan Associates and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Okta, Inc., Manhattan Associates or Inc. Stock?

Overall, Okta, Inc. stock has a Value Score of 11, Momentum Score of 92 and Estimate Revisions Score of 81.

Manhattan Associates, Inc. stock has a Value Score of 11, Momentum Score of 72 and Estimate Revisions Score of 72.

Comparing Okta, Inc., Manhattan Associates and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.