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 2.4175
  • Debt/Equity 0.1442
  • CurrentRatio 1.4656
  • ROIC 0.0015

 

  • MktCap 15236907450.0
  • FreeCF/Share 4.3635
  • PFCF 20.0486
  • PE 122.1214
  • 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

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.

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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.

Read More
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.

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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?

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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
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
OKTA
Published: April 01, 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 Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
Does OKTA's Strong Portfolio Make it the Best Security Stock to Buy?
OKTA
Published: March 26, 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 Does OKTA's Strong Portfolio Make it the Best Security Stock to Buy?
Buy These 4 Growth-Rated Tech Stocks Amid High Market Volatility
MRVL, NVDA, OKTA, RNG
Published: March 24, 2025 by: Zacks Investment Research
Sentiment: Negative

Here, we take a sneak peek at four stocks, NVDA, MRVL, OKTA and RNG, which are at the forefront of key trends in the technology space.

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image for news Buy These 4 Growth-Rated Tech Stocks Amid High Market Volatility
4 Security Stocks to Watch on Prospering Industry Trends
CYBR, FTNT, OKTA, PANW
Published: March 18, 2025 by: Zacks Investment Research
Sentiment: Positive

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

Read More
image for news 4 Security Stocks to Watch on Prospering Industry Trends
The Big 3: MSTR, OKTA, IBM
IBM, MSTR, OKTA
Published: March 14, 2025 by: Schwab Network
Sentiment: Positive

@ProsperTradingAcademy's Charles Moon turns to three names that have seen significant moves in recent weeks: Strategy (MSTR), Okta Inc. (OKTA) and IBM Corp. (IBM). He explains the room to run these companies still have long-term.

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image for news The Big 3: MSTR, OKTA, IBM
Okta: A Cash-Rich SaaS Stock With Underrated Growth Potential
OKTA
Published: March 12, 2025 by: Seeking Alpha
Sentiment: Positive

I love that Okta holds over $2.1 billion in cash—giving it flexibility and stability. At 18x forward free cash flow, Okta's valuation looks compelling for a SaaS leader. I see room for revenue growth to reaccelerate beyond management's conservative guidance.

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image for news Okta: A Cash-Rich SaaS Stock With Underrated Growth Potential
3 Tech Stocks Defying Sector Weakness and Thriving in 2025
IBM, NET, OKTA
Published: March 10, 2025 by: MarketBeat
Sentiment: Negative

So far in 2025, many stocks in the United States technology sector are still stuck in first gear. As of the Mar. 7 close, the Technology Select Sector SPDR Fund NYSEARCA: XLK, which measures the performance of S&P 500 tech stocks, has returned -6%.

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image for news 3 Tech Stocks Defying Sector Weakness and Thriving in 2025
Earnings Estimates Rising for Okta (OKTA): Will It Gain?
OKTA
Published: March 06, 2025 by: Zacks Investment Research
Sentiment: Positive

Okta (OKTA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Read More
image for news Earnings Estimates Rising for Okta (OKTA): Will It Gain?
Okta's Breakout Is Here - Double Digit Upside Potential Ahead
OKTA
Published: March 05, 2025 by: Seeking Alpha
Sentiment: Positive

OKTA continues to outperform expectations, thanks to the stock's previously discounted valuations compared to its historical means and its cybersecurity peers. This is significantly aided by the cybersecurity company's robust performance metrics in FQ4'25, excellent FY2026 guidance, and richer balance sheet. This is on top of the successful (and highly efficient) R&D efforts at 24.5% of its FY2025 revenues (-5.2 points YoY) and ongoing restructuring, contributing to its richer profit margins.

Read More
image for news Okta's Breakout Is Here - Double Digit Upside Potential Ahead
Okta: Don't Be Blindsided By The Market (Rating Downgrade)
OKTA
Published: March 05, 2025 by: Seeking Alpha
Sentiment: Neutral

Okta investors have much to cheer about in a downcast market, as the surge finished almost +25% yesterday. Okta's strategic shift towards higher-value enterprise customers has validated its business model. Its platform-agnostic identity solutions and the growing demand for advanced identity security driven by AI adoption support its growth outlook.

Read More
image for news Okta: Don't Be Blindsided By The Market (Rating Downgrade)
Why Okta Stock Rocketed Higher Tuesday Morning
OKTA
Published: March 04, 2025 by: The Motley Fool
Sentiment: Positive

Shares of Okta (OKTA 17.86%) barreled out of the gate Tuesday, gaining as much as 19.9%. As of 11:54 a.m.

Read More
image for news Why Okta Stock Rocketed Higher Tuesday Morning
2 Stocks Making Major Post-Earnings Moves Higher
OKTA, ONON
Published: March 04, 2025 by: Schaeffers Research
Sentiment: Positive

While earnings season is beginning to wind down, two big-name companies took to the confessional last night and this morning, sending their respective shares abuzz.

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image for news 2 Stocks Making Major Post-Earnings Moves Higher
Okta: Strong RPO Growth Signals A Healthy 2025 Ahead
OKTA
Published: March 04, 2025 by: Seeking Alpha
Sentiment: Positive

Shares of Okta jumped more than 10% after reporting Q4 results, especially after its FY26 outlook called for 9-10% y/y growth, well above Street expectations. The company addresses an $80 billion TAM with only ~3% market penetration, indicating significant expansion potential with a very sticky recurring revenue base. The company's RPO growth also accelerated to 25% y/y, well above typical Q4 seasonality and signaling healthy multi-year deals that will continue to feed further revenue growth.

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image for news Okta: Strong RPO Growth Signals A Healthy 2025 Ahead
Okta delivers what some of its bigger peers couldn't: a rosy outlook
OKTA
Published: March 03, 2025 by: Market Watch
Sentiment: Positive

Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still “prudent.”

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image for news Okta delivers what some of its bigger peers couldn't: a rosy outlook
Buy OKTA Stock Before Q4 Earnings? Here's What You Should Know
OKTA
Published: February 28, 2025 by: Zacks Investment Research
Sentiment: Positive

OKTA's fourth-quarter fiscal 2025 benefits from an expanding clientele and strong demand for its Identity solutions.

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image for news Buy OKTA Stock Before Q4 Earnings? Here's What You Should Know
Here's Why Okta (OKTA) Could be Great Choice for a Bottom Fisher
OKTA
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

Okta (OKTA) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Read More
image for news Here's Why Okta (OKTA) Could be Great Choice for a Bottom Fisher
Okta (OKTA) Registers a Bigger Fall Than the Market: Important Facts to Note
OKTA
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the most recent trading session, Okta (OKTA) closed at $89.34, indicating a -1.69% shift from the previous trading day.

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image for news Okta (OKTA) Registers a Bigger Fall Than the Market: Important Facts to Note
Okta Rises 15% YTD: Should You Add the Stock in Your Portfolio?
OKTA
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Negative

The rising adoption of OKTA's Identity Threat Protection solution boosts prospects amid a challenging macroeconomic environment and stretched valuation.

Read More
image for news Okta Rises 15% YTD: Should You Add the Stock in Your Portfolio?

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.