Okta, Inc. (OKTA)
| Market Cap | 20.09B |
| Revenue (ttm) | 2.61B |
| Net Income (ttm) | 28.00M |
| Shares Out | 173.60M |
| EPS (ttm) | 0.15 |
| PE Ratio | 766.64 |
| Forward PE | 36.13 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,120,508 |
| Open | 113.66 |
| Previous Close | 112.90 |
| Day's Range | 113.53 - 116.41 |
| 52-Week Range | 70.56 - 118.07 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 115.31 (-0.35%) |
| Earnings Date | May 27, 2025 |
About OKTA
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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 36 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price forecast is $115.31, which is a decrease of -0.35% from the latest price.
News
Okta to Announce First Quarter Fiscal Year 2026 Financial Results on May 27, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced that it will release its financial results for its first quarter fiscal year 2026 e...
Okta Set to Join S&P MidCap 400
NEW YORK , April 28, 2025 /PRNewswire/ -- Okta Inc. (NASD: OKTA) will replace Berry Global Group Inc. (NYSE: BERY) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 1. S...
Okta: From Growth Darling To GARP Play
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 ...
Okta: Market Doesn't Believe Management, But You Should (Rating Downgrade)
Okta has crushed guidance by large magnitudes over recent quarters. I am concerned that investor sentiment may be overly optimistic, expecting large beats against management guidance despite managemen...
New Okta Platform Innovations Extend Identity Security Fabric to Non-Human Identities in an Agentic AI Future
LONDON--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced new Okta Platform capabilities to help businesses secure AI agents and other non-human ide...
New Auth0 Platform Innovations Help Developers Secure GenAI Applications with Identity for AI Agents
LONDON--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced the availability of Auth for GenAI in Developer Preview, as part of the Auth0 Platform, a ...
Okta Announces Startup Challenge to Build New Identity Security Applications
SAN FRANCISCO--(BUSINESS WIRE)--Okta, a leading identity and access management company, today announced the 2nd annual Okta Startup Challenge. The challenge invites early stage startups, incorporated ...
Okta: Death And Resurrection
Today, I'll provide a unique take on Okta, Inc.'s current business performance and prospects with the help of Palo Alto Networks. In 2017-2018, Palo Alto Networks was seen in a similar light to the wa...
Two US tech stocks on the verge of initiating dividends: here's what to watch
Markets are turning increasingly concerned about a recession due to uncertainty related to the new US government's trade policies. While equities tend to underperform during economic slowdowns, divid...
Bitwarden Named #2 Fastest Growing App in Okta Businesses at Work 2025 Report
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Bitwarden: What: Bitwarden has been recognized as one the top fastest growing apps in the newly released Okta Businesses at Work 2025 report, which highlights w...
Okta Ventures Unveils "The Identity 25" to Honor Pioneers Shaping the Future of Digital Identity
SAN FRANCISCO--(BUSINESS WIRE)--Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, proudly introduces "The Identity 25," an initiative tha...
Okta: A Real Cash Cow With Huge Upside, DCF Model
Okta's Q4FY25 earnings surpassed expectations, with a 13% YoY sales increase, driving a 20% surge in stock price. The IAM market, valued at $22.99 billion in 2025, is projected to grow at 12.40% annua...
The Big 3: MSTR, OKTA, IBM
@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 co...
Okta: A Cash-Rich SaaS Stock With Underrated Growth Potential
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 ...
Okta's Breakout Is Here - Double Digit Upside Potential Ahead
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 cyber...
Okta CEO on Q4 earnings, what customers want
Cybersecurity player Okta (OKTA) is ending its reporting year on a high note. Fourth-quarter sales rose 13% from the prior year amid healthy demand for cybersecurity services.
Okta: Don't Be Blindsided By The Market (Rating Downgrade)
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 m...
Okta pops more than 20% on strong earnings and guidance beat
Okta shares soared after the company reported strong fourth-quarter earnings and beat on guidance. The move put the stock on pace for its best day in over a year.
OKTA Soars Off AWS Sales, ONON Steps Up, BBY Sells Off
It's a mixed picture to start the market day. Best Buy's (BBY) stock price was slashed as the company shares uncertainty surrounding its outlook as Trump tariffs take effect.
Okta: Strong RPO Growth Signals A Healthy 2025 Ahead
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 ...
Okta to Present at Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent Identity partner, today announced that members of its management team are scheduled to participate in upcoming invest...
Okta Q4: Enterprise Business Is Booming, Even Management Is Surprised
Okta's Q4 FY25 earnings saw its revenue and earnings grow 13% and 30% earnings YoY respectively, surpassing analyst estimates and driving the stock up 16%. During the quarter, Okta saw its cRPO grow a...
Okta, Inc. (OKTA) Q4 2025 Earnings Call Transcript
Okta, Inc. (NASDAQ:OKTA) Q4 2025 Earnings Conference Call March 3, 2025 5:00 PM ET Company Participants Dave Gennarelli - SVP, IR Todd McKinnon - CEO & Co-Founder Brett Tighe - CFO Conference Call Pa...
Okta delivers what some of its bigger peers couldn't: a rosy outlook
Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still “prudent.”
Okta Passes $1 Billion in Sales in AWS Marketplace
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, has achieved a significant milestone of reaching $1 billion in aggregate sales over the past four y...