Okta, Inc. (OKTA)
| Market Cap | 24.68B +53.2% |
| Revenue (ttm) | 3.00B +11.7% |
| Net Income | 247.00M +90.0% |
| EPS | 1.38 +131.1% |
| Shares Out | 173.81M |
| PE Ratio | 104.21 |
| Forward PE | 36.64 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,432,007 |
| Open | 144.75 |
| Previous Close | 143.92 |
| Day's Range | 137.10 - 145.40 |
| 52-Week Range | 62.66 - 157.00 |
| Beta | 0.76 |
| Analysts | Buy |
| Price Target | 138.50 (-2.48%) |
| Earnings Date | Aug 26, 2026 |
About OKTA
Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; U... [Read more]
Financial Performance
In fiscal year 2026, Okta's revenue was $2.92 billion, an increase of 11.84% compared to the previous year's $2.61 billion. Earnings were $235.00 million, an increase of 739.29%.
Financial StatementsAnalyst Summary
According to 44 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price target is $138.5, which is a decrease of -2.48% from the latest price.
News
Okta price target raised to $145 from $125 at Mizuho
Mizuho analyst Gregg Moskowitz raised the firm’s price target on Okta (OKTA) to $145 from $125 and keeps a Neutral rating on the shares. The firm adjusted targets in the…
Okta price target raised to $160 from $120 at Stifel
Stifel analyst Adam Borg raised the firm’s price target on Okta (OKTA) to $160 from $120 and keeps a Buy rating on the shares. Okta’s conservative guidance, strong end-of-quarter checks,…
Okta price target raised to $165 from $120 at Truist
Truist analyst Junaid Siddiqui raised the firm’s price target on Okta (OKTA) to $165 from $120 and keeps a Buy rating on the shares as part of an off-cycle software…
5-Star Jefferies Analyst Bumps Up Okta Stock Forecast to $170 as “cRPO Likely to Accelerate Again”
5-Star Jefferies lead analyst Joseph Gallo kept a Buy rating on Okta stock ($OKTA) and bumped up his price target from $140 to $170. Gallo explained that “F2Q cRPO likely…
Lightbits Labs, Inferra announce native integration with Okta
Lightbits Labs and Inferra announced native integration with Okta (OKTA) in Lightbits software release v3.20.1. This enhancement streamlines storage security for enterprise customers. “Now more than e...
Lightbits Expands Enterprise Security Capabilities with Native Okta Integration
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #AIInfrastructure--Lightbits Labs®, inventor of the NVMe® over TCP storage protocol and Inferra™, intelligent KV cache orchestration engine, today announced nati...
Okta price target raised to $170 from $140 at Jefferies
Jefferies raised the firm’s price target on Okta (OKTA) to $170 from $140 and keeps a Buy rating on the shares as part of an earnings preview. The firm expects…
Monday's Morning Movers: WDAY Downgrades, OKTA Upgrade, BABA's 3B Qwen Downloads
It's a mixed picture to kick off a new trading week. Sam Vadas highlights softness in the software space that includes downgrades in Workday (WDAY).
Why Is Okta Stock Rising in Pre-Market Today? Here’s What Wells Fargo Sees Next
Okta ($OKTA) stock trended higher in Monday’s pre-market trading after Wells Fargo analyst Richard Poland upgraded the shares to Overweight from Equal Weight. The firm also raised its price target…
Okta upgraded to Outperform from Market Perform at Citizens
Citizens upgraded Okta (OKTA) to Outperform from Market Perform with a $170 price target ahead of the July quarter earnings report. The firm says identity continues to be viewed as…
Okta price target raised to $170 from $120 at Barclays
Barclays raised the firm’s price target on Okta (OKTA) to $170 from $120 and keeps an Overweight rating on the shares ahead of the earnings report on August 26. The…
Okta price target raised to $160 from $105 at TD Cowen
TD Cowen analyst Shaul Eyal raised the firm’s price target on Okta (OKTA) to $160 from $105 and keeps a Hold rating on the shares. The firm expects Okta to…
Okta upgraded to Overweight from Equal Weight at Wells Fargo
Wells Fargo upgraded Okta (OKTA) to Overweight from Equal Weight with a price target of $180, up from $150. The firm says its field work increases conviction in the company’s…
Okta price target raised to $166 from $145 at RBC Capital
RBC Capital analyst Matthew Hedberg raised the firm’s price target on Okta (OKTA) to $166 from $145 and keeps an Outperform rating on the shares as part of a broader…
Okta price target raised to $170 from $125 at Oppenheimer
Oppenheimer raised the firm’s price target on Okta (OKTA) to $170 from $125 and keeps an Outperform rating on the shares. Based on its checks, the firm believes Okta can…
Okta price target raised to $167 from $136 at BTIG
BTIG raised the firm’s price target on Okta (OKTA) to $167 from $136 and keeps a Buy rating on the shares as part of a broader research note on security…
The Big 3: META, OKTA, GLD
Charles Moon maps out the fundamental case for a trio of names on his radar: Meta Platforms (META), Okta Inc. (OKTA) and the GLD ETF. As markets reach new all-time highs, he explains why he's looking ...
Okta to Announce Second Quarter Fiscal Year 2027 Financial Results on August 26, 2026
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its second quarter fiscal year 2027 ...
Okta Inks Permiso Purchase to Expand Identity Threat Defense
Okta plans to add identity threat detection and response capabilities to its identity management platform by acquiring Permiso Security. The acquisition will add Permiso's identity risk signals, behav...
Okta buys AI security startup Permiso; source says for about $200M
Okta on Thursday agreed to acquire AI identity security startup Permiso Security, betting that demand for protecting AI agents and other machine identities will grow as enterprises deploy autonomous s...
Okta Stock's Pullback Could Be A Buying Opportunity
Cloud software stock Okta (OKTA) has taken a 14% breather after hitting a four-year high of $157.00 on July 15, last seen down 0.8% to trade at $135.16 today. The shares are still up 55.6% in 2026, ho...
Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
Cybersecurity stocks jumped on Tuesday after IBM CEO Arvind Krishna flagged cyber fears as a top priority for customers in the company's preliminary second-quarter results. Krishna told CNBC's Sara Ei...
Okta, Inc. Transcript: Fireside chat
The session explored the rapid rise of AI agents in enterprises, emphasizing the need for centralized identity, real-time authorization, and dynamic security controls. Okta is investing in unified solutions, ecosystem integrations, and just-in-time permissions to address the unique challenges of agentic environments.
AI Agent Security Boosts Okta Shares
Technology security firm Okta, Inc. (OKTA) up 50.1% in a year thanks to AI demand, institutional inflows.