Okta Inc (OKTA)

NASDAQ
Currency in USD
83.49
-0.88(-1.04%)
Closed
After Hours
83.51+0.02(+0.02%)
OKTA Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
81.3683.70
52 wk Range
70.56114.50
Key Statistics
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Prev. Close
84.37
Open
82.99
Day's Range
81.36-83.7
52 wk Range
70.56-114.5
Volume
2.06M
Average Volume (3m)
3.1M
1-Year Change
0.69%
Book Value / Share
36.88
Fair Value
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Fair Value Upside
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OKTA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
103.58
Upside
+24.06%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Okta Inc Company Profile

Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta’s suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company 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.

Employees
5908

Okta Inc SWOT Analysis


Market Dynamics
Explore Okta's position in the $20B+ IAM market, facing consolidation and heightened competition, particularly from Microsoft's bundled identity solutions.
Strategic Evolution
Delve into Okta's expansion beyond core IAM, with IGA and PAM solutions gaining traction and now accounting for 15% of bookings.
Financial Outlook
Analyst price targets range from $75 to $125, reflecting mixed views on Okta's ability to balance growth with profitability improvements.
Growth Challenges
Learn about Okta's conservative FY2026 guidance, projecting 7% revenue growth amid macroeconomic headwinds and new logo acquisition difficulties.
Read full SWOT analysis

Compare OKTA to Peers and Sector

Metrics to compare
OKTA
Peers
Sector
Relationship
P/E Ratio
−366.8x21.8x11.4x
PEG Ratio
−4.090.060.01
Price/Book
2.3x7.5x2.4x
Price / LTM Sales
5.6x7.8x2.1x
Upside (Analyst Target)
23.0%14.0%26.6%
Fair Value Upside
Unlock3.4%6.1%Unlock

Analyst Ratings

20 Buy
19 Hold
1 Sell
Ratings:
40 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 103.58

(+24.06% Upside)

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FAQ

What Is the Okta (OKTA) Stock Price Today?

The Okta stock price today is 83.49

What Stock Exchange Does Okta Trade On?

Okta is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Okta?

The stock symbol for Okta is "OKTA."

What Is the Okta Market Cap?

As of today, Okta market cap is 14.32B.

What is Okta Earnings Per Share?

The Okta EPS is -0.232.

What Is the Next Okta Earnings Date?

Okta will release its next earnings report on Feb 25, 2025.

From a Technical Analysis Perspective, Is OKTA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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