Okta, Inc. (OKTA)

US — Technology Sector
Peers: CRWD  NET  MDB  PANW  ZS  ADBE  SPLK  PATH  NTNX 

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Key Metrics & Ratings

  • symbol OKTA
  • Rev/Share 15.3928
  • Book/Share 37.7041
  • PB 2.6257
  • Debt/Equity 0.1442
  • CurrentRatio 1.4656
  • ROIC 0.0015

 

  • MktCap 16549137000.0
  • FreeCF/Share 4.3635
  • PFCF 21.7752
  • PE 132.6387
  • 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
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
Reiterated OKTA Citigroup -- Neutral $95 $100 Jan. 17, 2025

News

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.

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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?
Is Okta's 15% Price Drop A Buying Opportunity?
OKTA
Published: June 05, 2025 by: Forbes
Sentiment: Neutral

Cybersecurity firm Okta (NASDAQ: OKTA), a frontrunner in identity and access management, has experienced a stock decrease of around 10% in the last month, even after reporting robust first-quarter earnings that surpassed analyst forecasts. This decline is primarily linked to ongoing economic uncertainties arising from tariffs.

Read More
image for news Is Okta's 15% Price Drop A Buying Opportunity?
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
OKTA
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive

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.

Read More
image for news Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
CYBR, OKTA, QLYS
Published: June 03, 2025 by: Zacks Investment Research
Sentiment: Positive

CYBR, OKTA, and QLYS are gaining from rising cyber threats and demand for advanced, cloud-based security solutions.

Read More
image for news 3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
Buy The Dip in Okta, There's Nothing Wrong With the Outlook
OKTA
Published: June 02, 2025 by: MarketBeat
Sentiment: Neutral

You would think that Okta's NASDAQ: OKTA FQ1 earnings release was weaker than expected and compounded by poor guidance, the way its stock price fell after its release. Down more than 15% for the week, the only thing wrong with the report is a hint of caution in the full-year guidance.

Read More
image for news Buy The Dip in Okta, There's Nothing Wrong With the Outlook
Okta (OKTA) Upgraded to Buy: Here's Why
OKTA
Published: May 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Okta (OKTA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read More
image for news Okta (OKTA) Upgraded to Buy: Here's Why
Okta Declines 16% Post Q1 Earnings: Buy, Sell or Hold the Stock?
OKTA
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Negative

OKTA sinks 16% as slowing growth outlook overshadows strong Q1 results and raises concerns over valuation despite robust demand for identity solutions.

Read More
image for news Okta Declines 16% Post Q1 Earnings: Buy, Sell or Hold the Stock?
Okta CEO Defends Outlook After Earnings Disappointment
OKTA
Published: May 28, 2025 by: Bloomberg Technology
Sentiment: Neutral

Okta's first-quarter earnings beat expectations, but its outlook fell short of investor expectations. Okta CEO Todd McKinnon joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.

Read More
image for news Okta CEO Defends Outlook After Earnings Disappointment
Top Stock Movers Now: DR Horton, Okta, Abercrombie & Fitch, and More
ANF, DHI, OKTA
Published: May 28, 2025 by: Investopedia
Sentiment: Neutral

U.S. equities were lower at midday as the market awaited the release of the latest Federal Reserve minutes and the much-anticipated after-the-bell earnings report from Nvidia (NVDA). The Dow Jones Industrial Average, S&P 500, and Nasdaq all declined.

Read More
image for news Top Stock Movers Now: DR Horton, Okta, Abercrombie & Fitch, and More
Box Stock Hits Record High as Sector Peer Gaps Lower
BOX, OKTA
Published: May 28, 2025 by: Schaeffers Research
Sentiment: Positive

Cloud stocks Box Inc (NYSE:BOX) and Okta Inc (NASDAQ:OKTA) are staging opposite post-earnings reactions.

Read More
image for news Box Stock Hits Record High as Sector Peer Gaps Lower
Okta delivers strong Q1 report, shares slump on cautious outlook
OKTA
Published: May 28, 2025 by: Proactive Investors
Sentiment: Neutral

Okta Inc (NASDAQ:OKTA) delivered first quarter financial results that beat Wall Street expectations, but shares traded more than 13% lower on Wednesday morning as it issued conservative guidance, citing macro uncertainty. For the first quarter, the identity and access management firm reported revenue of $688 million, up 12% year-over-year and above consensus estimates of $680.3 million.

Read More
image for news Okta delivers strong Q1 report, shares slump on cautious outlook
ANF Sees 25% Post-Earnings Rally, OKTA Sells on Uncertainty
OKTA
Published: May 28, 2025 by: Schwab Network
Sentiment: Positive

Abercrombie & Fitch (ANF) underestimated itself when it came to tariffs. The company posted an earnings beat after initially telling customers to expect weakness.

Read More
image for news ANF Sees 25% Post-Earnings Rally, OKTA Sells on Uncertainty
OKTA "Core Holding" in Cybersecurity, "Don't Chase" Earnings
OKTA
Published: May 27, 2025 by: Schwab Network
Sentiment: Positive

Ben Rose considers Okta Inc. (OKTA) an essential holding in the cybersecurity space. He mentions the company's history of beating and raising previous earnings as a significant sign of strength, though he warns of outlook facing potential compression.

Read More
image for news OKTA "Core Holding" in Cybersecurity, "Don't Chase" Earnings
OKTA Up 60% YTD, Can Earnings Rally it Higher?
OKTA
Published: May 27, 2025 by: Schwab Network
Sentiment: Positive

@ProsperTradingAcademy's Scott Bauer says he "would not want to short" Okta Inc. (OKTA). He sees the cybersecurity stock breaking out following its earnings after the close today even after its gargantuan rally so far in 2025.

Read More
image for news OKTA Up 60% YTD, Can Earnings Rally it Higher?
Arora: "360 Degrees Look" at OKTA, Cybersecurity Stocks
OKTA
Published: May 27, 2025 by: Schwab Network
Sentiment: Positive

Nigam Arora provides in-depth insights ahead of Okta (OKTA) earnings and the importance of the cybersecurity/digital identity stocks. He says the software vendor space is crowded, and believes OKTA could be a buy-out target.

Read More
image for news Arora: "360 Degrees Look" at OKTA, Cybersecurity Stocks
Should You Buy or Sell OKTA Stock Ahead of Its Earnings?
OKTA
Published: May 26, 2025 by: Forbes
Sentiment: Neutral

Okta (NASDAQ:OKTA) is scheduled to report its earnings on Tuesday, May 27, 2025. Historically, Okta's stock has shown significant volatility around earnings releases.

Read More
image for news Should You Buy or Sell OKTA Stock Ahead of Its Earnings?
Should You Buy, Hold or Sell OKTA Stock Before Q1 Earnings Release?
OKTA
Published: May 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

OKTA's first-quarter fiscal 2026 benefits from strong demand for its Identity solutions. However, stiff competition and high valuation raise caution ahead of earnings release.

Read More
image for news Should You Buy, Hold or Sell OKTA Stock Before Q1 Earnings Release?
Okta: Rebounding On Agent Hype
OKTA
Published: May 22, 2025 by: Seeking Alpha
Sentiment: Positive

Okta's stock has rebounded on solid RPO growth, margin gains and optimism regarding AI tailwinds. Revenue growth remains weak though and margin gains appear set to moderate. Okta's valuation is also now stretched relative to near-term financial performance, meaning a substantial growth reacceleration will be required to drive the stock higher.

Read More
image for news Okta: Rebounding On Agent Hype
Seeking Clues to Okta (OKTA) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
OKTA
Published: May 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of Okta (OKTA) for the quarter ended April 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Read More
image for news Seeking Clues to Okta (OKTA) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Investors Heavily Search Okta, Inc. (OKTA): Here is What You Need to Know
OKTA
Published: May 21, 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 Investors Heavily Search Okta, Inc. (OKTA): Here is What You Need to Know
OKTA vs. Fortinet: Which Cybersecurity Stock Should You Bet On?
FTNT, OKTA
Published: May 20, 2025 by: Zacks Investment Research
Sentiment: Negative

Okta OKTA and Fortinet FTNT are both major players in the field of cybersecurity. While OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data, Fortinet is a well-known provider of network security appliances and a Unified Threat Management network solution.

Read More
image for news OKTA vs. Fortinet: Which Cybersecurity Stock Should You Bet On?
Okta (OKTA) Is Considered a Good Investment by Brokers: Is That True?
OKTA
Published: May 20, 2025 by: Zacks Investment Research
Sentiment: Positive

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 Okta (OKTA) Is Considered a Good Investment by Brokers: Is That True?
Here is What to Know Beyond Why Okta, Inc. (OKTA) is a Trending Stock
OKTA
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Positive

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.

Read More
image for news Here is What to Know Beyond Why Okta, Inc. (OKTA) is a Trending Stock

About Okta, Inc. (OKTA)

  • IPO Date 2017-04-07
  • Website https://www.okta.com
  • Industry Software - Infrastructure
  • CEO Mr. 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.