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 2.6297
  • Debt/Equity 0.1442
  • CurrentRatio 1.4656
  • ROIC 0.0015

 

  • MktCap 16574211450.0
  • FreeCF/Share 4.3635
  • PFCF 21.8082
  • PE 132.8396
  • 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

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.

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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.

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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.

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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.

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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.

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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.

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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

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.