Is Okta (OKTA) Outperforming Other Computer and Technology Stocks This Year?

Company Performance - Okta has shown a year-to-date performance increase of approximately 42.8%, significantly outperforming the average return of -10.8% for Computer and Technology companies [4] - The Zacks Consensus Estimate for Okta's full-year earnings has increased by 74.6% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Comparison - Okta belongs to the Security industry, which consists of 5 individual stocks and currently ranks 89 in the Zacks Industry Rank. The average gain for stocks in this group is 12.7% this year, highlighting Okta's superior performance [5] - In contrast, CyberAgent, another outperforming stock in the Computer and Technology sector, belongs to the Internet - Services industry, which has a lower ranking of 168 and has returned -13.4% this year [6]