Okta, Inc. (OKTA)

US — Technology Sector
Peers: ZS  CRWD  MDB  NET  TWLO  TTD  DOCU 

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Key Metrics & Ratings

  • symbol OKTA
  • Rev/Share 15.3928
  • Book/Share 37.7041
  • PB 2.6461
  • Debt/Equity 0.1442
  • CurrentRatio 1.4656
  • ROIC 0.0015

 

  • MktCap 16677852510.0
  • FreeCF/Share 4.3635
  • PFCF 21.9445
  • PE 133.6703
  • Debt/Assets 0.1011
  • DivYield 0
  • ROE 0.0205

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 4
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation OKTA Arete -- Sell -- $83 July 7, 2025
Reiterated OKTA BMO Capital Markets -- Market Perform $130 $135 May 14, 2025
Initiation OKTA Loop Capital -- Buy -- $140 May 5, 2025
Initiation OKTA Roth Capital -- Buy -- $119 April 23, 2025
Initiation OKTA Stephens -- Equal Weight -- $127 April 1, 2025
Initiation OKTA Cantor Fitzgerald -- Overweight -- $130 March 31, 2025
Resumed OKTA Morgan Stanley -- Overweight -- -- March 18, 2025
Reiterated OKTA BMO Capital Markets -- Market Perform $105 $130 March 10, 2025
Upgrade OKTA DA Davidson Neutral Buy $90 $125 March 4, 2025
Upgrade OKTA Mizuho Neutral Outperform $110 $127 March 4, 2025

News

Is Trending Stock Okta, Inc. (OKTA) a Buy Now?
OKTA
Published: July 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Okta (OKTA). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Is Trending Stock Okta, Inc. (OKTA) a Buy Now?
Okta: Unlock Value As Competitors Are Scouted For M&A Deals (Upgrade)
OKTA
Published: July 30, 2025 by: Seeking Alpha
Sentiment: Positive

I've doubled down and increased my position in Okta, Inc., the single sign on/identity security company, and am upgrading the stock to a strong buy. Palo Alto Networks has been speculated to be in talks to acquire Okta's competitor CyberArk, which is trading at a ~15x forward revenue multiple versus Okta's ~5x multiple. This deal could spotlight OKTA stock's value and reset its valuation higher, even without a deal of its own.

Read More
image for news Okta: Unlock Value As Competitors Are Scouted For M&A Deals (Upgrade)
Okta (OKTA) Soars 3.3%: Is Further Upside Left in the Stock?
OKTA
Published: July 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Okta (OKTA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Read More
image for news Okta (OKTA) Soars 3.3%: Is Further Upside Left in the Stock?
The Big 3: OKTA, LLY, ADSK
ADSK, LLY, OKTA
Published: July 25, 2025 by: Schwab Network
Sentiment: Positive

@ProsperTradingAcademy's Charles Moon turns to three names he sees making notable recoveries in their stock price. He talks about the "great upside" Okta Inc. (OKTA) holds, Eli Lilly's (LLY) "technical breakout," and Autodesk's (ADSK) path to reclaim its 52-week high.

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image for news The Big 3: OKTA, LLY, ADSK
OKTA Trades 25% Below 52-Week High: Right Time to Buy the Stock?
OKTA
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA rides a strong product portfolio and a rich partner base, which justifies a premium valuation.

Read More
image for news OKTA Trades 25% Below 52-Week High: Right Time to Buy the Stock?
AI-Driven Cybersecurity Boom Makes These 3 Stocks Worth Buying
CYBR, FTNT, OKTA
Published: July 23, 2025 by: Zacks Investment Research
Sentiment: Positive

With cyberattacks increasing and companies rapidly shifting to cloud-based operations, cybersecurity firms with AI capabilities are positioned for long-term growth.

Read More
image for news AI-Driven Cybersecurity Boom Makes These 3 Stocks Worth Buying
AVGO vs. OKTA: Which Enterprise Security Software Stock is a Buy?
AVGO, OKTA
Published: July 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

Broadcom AVGO and Okta OKTA are key providers of security software solutions for enterprises. AVGO offers Endpoint Security (Symantec and Carbon Black), Network Security, Information Security, Application Security (Carbon Black) and Identity Security solutions.

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image for news AVGO vs. OKTA: Which Enterprise Security Software Stock is a Buy?
Buy These 5 AI-Focused Stocks to Tap Double-Digit Short-Term Upside
ADBE, HUBS, NICE, OKTA, TDC
Published: July 21, 2025 by: Zacks Investment Research
Sentiment: Positive

AI momentum is building up as HUBS, OKTA, ADBE, NICE, and TDC offer double-digit short-term upside with bullish broker targets.

Read More
image for news Buy These 5 AI-Focused Stocks to Tap Double-Digit Short-Term Upside
Okta Emphasizes AI-Driven Security: Can PANW Advance Its Lead?
OKTA
Published: July 17, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA strengthens AI-powered identity tools and partners with PANW. Its rivals CYBR and MSFT act as strong competitors in the IAM race.

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image for news Okta Emphasizes AI-Driven Security: Can PANW Advance Its Lead?
Is Most-Watched Stock Okta, Inc. (OKTA) Worth Betting on Now?
OKTA
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Is Most-Watched Stock Okta, Inc. (OKTA) Worth Betting on Now?
Okta's Subscription Revenues Accelerate: Which Factors Are Driving it?
OKTA
Published: July 14, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA's subscription revenues jump 12% as product innovation, sales strategy and large contracts fuel growth momentum.

Read More
image for news Okta's Subscription Revenues Accelerate: Which Factors Are Driving it?
Brokers Suggest Investing in Okta (OKTA): Read This Before Placing a Bet
OKTA
Published: July 10, 2025 by: Zacks Investment Research
Sentiment: Neutral

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Read More
image for news Brokers Suggest Investing in Okta (OKTA): Read This Before Placing a Bet
Down 5.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Okta (OKTA)
OKTA
Published: July 07, 2025 by: Zacks Investment Research
Sentiment: Positive

The heavy selling pressure might have exhausted for Okta (OKTA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Read More
image for news Down 5.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Okta (OKTA)
Okta Eyes 15% Revenue CAGR by FY26: What's the Upside Potential?
OKTA
Published: July 03, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA targets 15% revenue CAGR by FY26, driven by strong Q1 growth, product momentum and large enterprise demand.

Read More
image for news Okta Eyes 15% Revenue CAGR by FY26: What's the Upside Potential?
Palo Alto Networks vs. Okta: Which Cybersecurity Stock is a Smart Buy?
OKTA, PANW
Published: July 03, 2025 by: Zacks Investment Research
Sentiment: Negative

Palo Alto Networks PANW and Okta OKTA are both U.S.-based cybersecurity companies that specialize in protecting enterprises from evolving digital threats. While PANW focuses broadly on next-gen firewalls, cloud security and AI-driven threat detection, OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data.

Read More
image for news Palo Alto Networks vs. Okta: Which Cybersecurity Stock is a Smart Buy?
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
OKTA
Published: July 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Okta (OKTA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
Okta's Bottoming Momentum As The Bulls Defend Its Uptrend Support Line
OKTA
Published: June 27, 2025 by: Seeking Alpha
Sentiment: Positive

The agentic AI boom has been a boon for OKTA indeed, since it drives renewed interests in customer identity solutions, as observed in its growing customer base. Its improving upsell/ cross-selling trends are observed in the bottoming retention rate and the growing multi-year RPOs as well, as more adopt its new offerings. Combined with the expanding subscription adj gross margins, we can understand why OKTA has delivered double beat FQ1'26 performance while raising the FY2026 guidance.

Read More
image for news Okta's Bottoming Momentum As The Bulls Defend Its Uptrend Support Line
Okta's Cross App Access Expands Security Portfolio: Buy the Stock?
OKTA
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA launches Cross App Access to secure AI agents, fueling growth as innovative identity tools draw rising demand.

Read More
image for news Okta's Cross App Access Expands Security Portfolio: Buy the Stock?
Okta's Security Portfolio Expands Clientele: A Sign of More Upside?
OKTA
Published: June 23, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA's expanding identity solutions are driving strong enterprise and public sector growth, signaling rising momentum.

Read More
image for news Okta's Security Portfolio Expands Clientele: A Sign of More Upside?
CrowdStrike vs. Okta: Which Cybersecurity Stock is a Better Buy?
CRWD, OKTA
Published: June 23, 2025 by: Zacks Investment Research
Sentiment: Negative

CRWD faces post-outage churn and profit pressure, while OKTA gains ground with AI-led identity tools and strong partner growth.

Read More
image for news CrowdStrike vs. Okta: Which Cybersecurity Stock is a Better Buy?
Wall Street Bulls Look Optimistic About Okta (OKTA): Should You Buy?
OKTA
Published: June 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Wall Street Bulls Look Optimistic About Okta (OKTA): Should You Buy?
Okta Introduces Cross App Access to Help Secure AI Agents in the Enterprise
OKTA
Published: June 23, 2025 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced Cross App Access, a new protocol to help secure AI agents. As an extension of OAuth, it brings visibility and control to both agent-driven and app-to-app interactions, allowing IT teams to decide what apps are connecting and what information AI agents can access. Why it Matters: More AI tools are using protocols like Model Context Protocol (MCP) and Agent2Agent (A2A) to connect t.

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image for news Okta Introduces Cross App Access to Help Secure AI Agents in the Enterprise
Buy 5 AI Laggards of Past Month to Tap Solid Upside in the Short Term
ADBE, ANET, HUBS, OKTA, TWLO
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive

AI stocks like ANET, HUBS, TWLO, ADBE, and OKTA provided negative returns last month but now offer strong short-term upside potential.

Read More
image for news Buy 5 AI Laggards of Past Month to Tap Solid Upside in the Short Term
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
OKTA
Published: June 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
Okta's Backlog Tops $4B on Strong Identity Security Demand
OKTA
Published: June 12, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA's $4.08B backlog and rising demand for identity security highlight strong enterprise momentum despite stiff competition.

Read More
image for news Okta's Backlog Tops $4B on Strong Identity Security Demand
Okta, Inc. (OKTA) Presents at BMO 2025 Virtual Software Conference (Transcript)
OKTA
Published: June 10, 2025 by: Seeking Alpha
Sentiment: Neutral

Okta, Inc. (NASDAQ:OKTA ) BMO 2025 Virtual Software Conference June 10, 2025 11:30 AM ET Company Participants Brett Tighe - Chief Financial Officer Conference Call Participants Keith Frances Bachman - BMO Capital Markets Equity Research Keith Frances Bachman All right. Good morning, good afternoon, everybody.

Read More
image for news Okta, Inc. (OKTA) Presents at BMO 2025 Virtual Software Conference (Transcript)
Okta: Positioned To Capitalize On AI Agents Market
OKTA
Published: June 10, 2025 by: Seeking Alpha
Sentiment: Positive

Okta is a leader in cloud identity and access management, serving over 200K customers with a unified security platform. The surge in AI agents and non-human identities (NHIs) creates a massive new market, where Okta's expertise offers a key competitive edge. Despite being fairly valued now, Okta's growth potential is strong as NHIs and AI drive a much larger addressable market.

Read More
image for news Okta: Positioned To Capitalize On AI Agents Market
AI-Driven Growth Makes These 4 Cybersecurity Stocks a Must-Buy
ATEN, CYBR, OKTA, QLYS
Published: June 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Cybersecurity stocks are poised to benefit from rising cyber threats amid accelerating digital transformation and cloud migration.

Read More
image for news AI-Driven Growth Makes These 4 Cybersecurity Stocks a Must-Buy
3 Security Stocks to Buy From a Thriving Industry Trend
CYBR, OKTA, QLYS
Published: June 09, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Security industry participants, CYBR, OKTA and QLYS, gain from an increase in data breaches, prompting companies to seek comprehensive IT security solutions.

Read More
image for news 3 Security Stocks to Buy From a Thriving Industry Trend
Wall Street Analysts Think Okta (OKTA) Is a Good Investment: Is It?
OKTA
Published: June 05, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Wall Street Analysts Think Okta (OKTA) Is a Good Investment: Is It?

About Okta, Inc. (OKTA)

  • IPO Date 2017-04-07
  • Website https://www.okta.com
  • Industry Software - Infrastructure
  • CEO Todd McKinnon
  • Employees 5914

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It 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.