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 15.1801
  • Book/Share 37.2522
  • PB 2.8624
  • Debt/Equity 0.1486
  • CurrentRatio 1.3539
  • ROIC -0.006

 

  • MktCap 17824377430.0
  • FreeCF/Share 4.269
  • PFCF 24.2839
  • PE 654.7691
  • Debt/Assets 0.1009
  • DivYield 0
  • ROE 0.0045

 

  • 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

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.

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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.

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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.

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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
Okta: The Agents Are Coming
OKTA
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Positive

Okta is positioned to capitalize on the AI-driven surge in non-human identities, expanding its billable user base without proportional cost increases. Its vendor-neutral platform and 8,000+ integrations create a strategic moat, making it the default identity layer for heterogeneous enterprise IT. Operating leverage is accelerating, with rising margins, strong free cash flow, and growing traction in high-value products like Identity Governance and Privileged Access.

Read More
image for news Okta: The Agents Are Coming
Okta (OKTA) Advances While Market Declines: Some Information for Investors
OKTA
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the most recent trading session, Okta (OKTA) closed at $117.07, indicating a +1.18% shift from the previous trading day.

Read More
image for news Okta (OKTA) Advances While Market Declines: Some Information for Investors
Strength Seen in Okta (OKTA): Can Its 7.4% Jump Turn into More Strength?
OKTA
Published: April 30, 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 Strength Seen in Okta (OKTA): Can Its 7.4% Jump Turn into More Strength?
Is Okta (OKTA) Outperforming Other Computer and Technology Stocks This Year?
OKTA
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how Okta (OKTA) and CyberAgent (CYGIY) have performed compared to their sector so far this year.

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image for news Is Okta (OKTA) Outperforming Other Computer and Technology Stocks This Year?
Why Okta Stock Barreled Higher Tuesday Morning
OKTA
Published: April 29, 2025 by: The Motley Fool
Sentiment: Positive

Shares of Okta (OKTA 8.10%) charged out of the gate Tuesday, gaining as much as 8.9%. As of 2:13 p.m.

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image for news Why Okta Stock Barreled Higher Tuesday Morning
Okta Declines 11% in a Month: Should You Buy the Stock on the Dip?
OKTA
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Positive

The rising adoption of OKTA's Identity Threat Protection solution boosts prospects despite a stretched valuation.

Read More
image for news Okta Declines 11% in a Month: Should You Buy the Stock on the Dip?
Is Trending Stock Okta, Inc. (OKTA) a Buy Now?
OKTA
Published: April 25, 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: From Growth Darling To GARP Play
OKTA
Published: April 21, 2025 by: Seeking Alpha
Sentiment: Positive

Okta's Q4 bookings surpassed $1B for the first time, driven by $320M from its top 25 contracts. RPOs grew 25% YoY to over $4B, reflecting strong revenue visibility and longer client commitments. Free cash flow exceeded $700M for FY 2025, with Q4 FCF margin reaching 42% and operating margins expanding by 9 points.

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image for news Okta: From Growth Darling To GARP Play
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
CHKP, FTNT, OKTA
Published: April 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Three cybersecurity stocks have long-term potentials. These are: FTNT, OKTA, CHKP.

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image for news 3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
Strong Bull Signal Flashing on Struggling Cloud Stock
OKTA
Published: April 09, 2025 by: Schaeffers Research
Sentiment: Neutral

Amid broad-market pressure, cloud stock Okta Inc (NASDAQ:OKTA) has pulled back sharply from its March 24, more than two-year high of $118.07, down 12.6% since the start of April alone.

Read More
image for news Strong Bull Signal Flashing on Struggling Cloud Stock
Wall Street Analysts See Okta (OKTA) as a Buy: Should You Invest?
OKTA
Published: April 09, 2025 by: Zacks Investment Research
Sentiment: Neutral

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?

Read More
image for news Wall Street Analysts See Okta (OKTA) as a Buy: Should You Invest?
Top AI Stocks to Add to Your Portfolio for Healthy Returns
IBM, META, OKTA
Published: April 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Here, we pick three AI stocks, META, IBM and OKTA, which are well poised to benefit from AI's growing pervasiveness and huge spending by tech giants.

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image for news Top AI Stocks to Add to Your Portfolio for Healthy Returns

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.