Okta Inc. is a premier provider in the identity and access management sector, delivering cutting-edge authentication solutions that enhance digital security and improve user experience for enterprises. With a comprehensive suite of services such as single sign-on, multi-factor authentication, and identity lifecycle management, Okta empowers organizations to manage user identities seamlessly across complex hybrid IT environments. Known for its innovative technology and dedication to exceptional customer support, Okta is well-positioned for continued growth in the rapidly evolving cybersecurity landscape, making it a vital partner for businesses navigating digital transformation.
| Revenue (TTM) | $3.00B |
| Gross Profit (TTM) | $2.32B |
| EBITDA | $267.00M |
| Operating Margin | 7.32% |
| Return on Equity | 3.67% |
| Return on Assets | 1.14% |
| Revenue/Share (TTM) | $16.99 |
| Book Value | $39.34 |
| Price-to-Book | 3.49 |
| Price-to-Sales (TTM) | 7.97 |
| EV/Revenue | 7.31 |
| EV/EBITDA | 59.82 |
| Quarterly Earnings Growth (YoY) | 21.20% |
| Quarterly Revenue Growth (YoY) | 11.20% |
| Shares Outstanding | $167.66M |
| Float | $165.64M |
| % Insiders | 0.56% |
| % Institutions | 98.96% |
Volatility is currently contracting
Cloud software stock Okta (OKTA) has taken a 14% breather after hitting a four-year high of $157.00 on July 15, last seen down 0.8% to trade at $135.16 today. The shares are still up 55.6% in 2026, however, and an unwinding of bearish sentiment could give the identity and access management stock another lift.
The cybersecurity industry has been one of my top-ranked industries over the prior three years.
Okta is transitioning from growth stock to profit generator, with recent AI-driven product launches fueling renewed investor enthusiasm. OKTA's Q1 beat-and-raise, coupled with agentic security products, has driven a ~65% YTD gain, outpacing the S&P 500. Valuation remains attractive: OKTA trades at modest FCF multiples, with FY27 revenue guidance raised to $3.185–$3.205 billion (9–10% y/y growth).
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Does Okta (OKTA) have what it takes to be a top stock pick for momentum investors? Let's find out.
FTNT, OKTA, S and ZS are well-positioned as rising enterprise AI adoption drives demand for AI security, identity protection and Zero Trust solutions.
U.S. equity markets were mixed this week, with technology-led weakness weighing on the broader benchmarks while select defensive and energy-related areas held up better. The NASDAQ 100 ETF declined 2.30%, and the S&P 500 ETF slipped 0.79%, pressured by a 3.14% drop in Technology.
Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Cybersecurity stocks, include Okta, SentinelOne and Fortinet have been surging as businesses recognized the increasing importance of protecting data, applications and digital identities.
Wells Fargo (NYSE:WFC | WFC Price Prediction) just delivered a striking pair of price target hikes on cybersecurity leaders Okta (NASDAQ:OKTA) and Fortinet (NASDAQ:FTNT).
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on OKTA and any ticker you trade — then tracks every position and per-strategy win rate.
