{"id":198124,"date":"2026-03-21T22:52:00","date_gmt":"2026-03-22T02:52:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/21\/better-cybersecurity-stock-okta-vs-zscaler\/"},"modified":"2026-03-22T00:30:09","modified_gmt":"2026-03-22T04:30:09","slug":"better-cybersecurity-stock-okta-vs-zscaler","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/21\/better-cybersecurity-stock-okta-vs-zscaler\/","title":{"rendered":"Better Cybersecurity Stock: Okta vs. Zscaler"},"content":{"rendered":"

Better Cybersecurity Stock: Okta vs. Zscaler<\/a><\/p>\n

https:\/\/www.fool.com\/investing\/2026\/03\/21\/better-cybersecurity-stock-okta-vs-zscaler\/<\/a><\/p>\n

Publish Date: 2026-03-21 22:52:00<\/a><\/p>\n

Source Domain: www.fool.com<\/a><\/p>\n

Author: <\/a><\/p>\n

Using an unordered list, summarize the following article with between 4 and 8 key points. If you spend your workdays in front of a computer, there’s a solid chance you’re required to keep your company safe from bad actors through either Okta (OKTA 2.91%) or Zscaler (ZS 2.53%). Both cybersecurity businesses are pure-play leaders in a growing market. They technically serve different niches, but which one is the stronger long-term investment?
\nIs Okta undervalued?
\nAt the beginning of March, Okta released its full results for the 2026 fiscal year. The cybersecurity company saw a 12% year-over-year increase in revenue. Subscriptions reached nearly $3 billion. Okta also turned operating income from a net loss to a net gain in its latest fiscal year.
\nOkta’s guidance for 2027 is solid, but it shows a declining growth rate, with only 9% revenue growth expected in the coming year. Where remaining performance obligations (RPOs) grew 15% in fiscal 2026, Okta expects that growth to slow to 10% in fiscal 2027. <\/p>\n

Image source: Getty Images.<\/p>\n

The numbers are positive, but there’s a real slowdown happening with Okta’s revenue. The stock has dropped 30% in the past 12 months. This drawdown potentially makes Okta undervalued right now. The company is facing headwinds as artificial intelligence (AI) poses a significant threat, yet it continues to grow and maintains a strong industry position.
\nToday’s Change(-2.91%) $-2.35Current Price$78.41Key Data PointsMarket Cap$14BDay’s Range$78.19 – $80.3652wk Range$68.77 – $127.57Volume6.6MAvg Vol3MGross Margin77.36%
\nZscaler’s impressive growth
\nZscaler’s stock is also down over 20% in the past year, but the company’s financials are quite promising. In the second quarter of fiscal 2026, Zscaler reported revenue of $815.8 million, an impressive 26% year-over-year increase. Annual recurring revenue also grew 25% to $3.3 billion.
\nZscaler revised its full-year 2026 guidance upward and now expects 24% revenue growth. The company’s stock is still trading at a premium, as its forward P\/E ratio sits above 40. Yet, the decline in the stock price is making the valuation metrics more appealing. Combine that with the expectations of revenue growth, and Zscaler stock is a compelling buy.
\nToday’s Change(-2.53%) $-3.93Current Price$151.47Key Data PointsMarket Cap$24BDay’s Range$148.28 – $153.7552wk Range$140.56 – $336.99Volume5.1MAvg Vol2.5MGross Margin76.28%
\nZscaler also hits the “Rule of 40” metric for growing software-as-a-service (SaaS) companies. This rule states that a healthy SaaS business has a combined growth rate and profit margin exceeding 40%. Zscaler is growing efficiently in this regard.
\nRegarding AI, Zscaler is focused on AI-driven security products. The company isn’t working against AI; it’s collaborating with it to ensure customer safety.
\nWhich stock wins?
\nBoth stocks are volatile but remain industry leaders. Okta’s stock is priced better, but Zscaler’s financials demonstrate a superior growth trajectory.
\nIn the long term, Zscaler is the better investment, in my opinion. Okta’s decelerating growth is a real concern. As AI disrupts many cybersecurity companies, Zscaler is well-positioned to withstand competition and expand its platform.
<\/p>\n","protected":false},"excerpt":{"rendered":"

Better Cybersecurity Stock: Okta vs. Zscaler https:\/\/www.fool.com\/investing\/2026\/03\/21\/better-cybersecurity-stock-okta-vs-zscaler\/ Publish Date: 2026-03-21 22:52:00 Source Domain: www.fool.com Author:…<\/p>\n","protected":false},"author":1,"featured_media":198125,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F860680%2Fsystem-hacked-cybersecurity-coding.jpg&w=1200&op=resize","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[26,20,24],"class_list":["post-198124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-ai","tag-artificial-intelligence","tag-cybersecurity"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/198124"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=198124"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/198124\/revisions"}],"predecessor-version":[{"id":198126,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/198124\/revisions\/198126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/198125"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=198124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=198124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=198124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}