Okta, Inc. (OKTA)
Market Cap | 15.07B |
Revenue (ttm) | 2.36B |
Net Income (ttm) | -276.00M |
Shares Out | 160.95M |
EPS (ttm) | -1.67 |
PE Ratio | n/a |
Forward PE | 39.04 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,093,026 |
Open | 94.84 |
Previous Close | 94.55 |
Day's Range | 93.14 - 96.23 |
52-Week Range | 65.04 - 114.50 |
Beta | 1.03 |
Analysts | Buy |
Price Target | 104.53 (+11.67%) |
Earnings Date | May 29, 2024 |
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
In 2023, Okta, Inc.'s revenue was $2.26 billion, an increase of 21.80% compared to the previous year's $1.86 billion. Losses were -$355.00 million, -56.44% less than in 2022.
Financial StatementsAnalyst Forecast
According to 34 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price forecast is $104.53, which is an increase of 11.67% from the latest price.
News
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Okta Names Anthony Bates to Board of Directors
SAN FRANCISCO--(BUSINESS WIRE)--Okta appoints Anthony Bates, Chairman and Chief Executive Officer of Genesys Cloud Services, Inc., to the company's board of directors.
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Top 3 Jim Cramer recommended stocks to own in 2024
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Cybersecurity now a top priority for company boards, Okta CEO says
The CEO of Okta, Todd McKinnon, joins CNBC's Steve Sedgwick and Arabile Gumede to discuss data security.
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Software stocks got pummeled this week after a cluster of troubling earnings reports
Salesforce's disappointing revenue and weak guidance sent the stock to its biggest drop since 2004. Many other enterprise technology companies offered similarly troubling commentary.
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Okta to Present at Upcoming Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that Brett Tighe, Chief Financial Officer of Okta, is scheduled to participate in t...
Okta CEO: All AI companies need our cybersecurity services
Okta (OKTA) beat first quarter earnings estimates and lifted its adjusted earnings forecast from $2.24-$2.29 to $2.35-$2.40 per share. The company's CEO, Todd McKinnon, joins Market Domination to shar...
Definitely see macro headwinds in software but they depend on time horizon, says Okta CEO
Todd McKinnon, Okta co-founder and CEO, joins 'Squawk on the Street' to discuss McKinnon's macroeconomic concerns around software, if the headwinds are causing strategic shifts, and much more.
CRM, OKTA, AI, PATH: Earnings Just Released
Salesforce (CRM), Okta (OKTA), C3.ai (AI), and UiPath (PATH) earnings were just released. Caroline Woods and Kevin Green go over the notable takeaways from these earnings.
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Okta lifts its earnings outlook while taking ‘prudent' view of customers' budgets
Okta Inc. boosted its outlook on Wednesday, even as the company takes a “prudent” view in light of some macroeconomic pressures on smaller customers.
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Okta Announces First Quarter Fiscal Year 2025 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its first quarter ended April 30, 2024. “We began the new fis...
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Okta to Announce First Quarter Fiscal Year 2025 Financial Results on May 29, 2024
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 2025 e...
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It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.
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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 CEO talks AI and the rise ransomware attacks
Hackers are stepping their game up — especially in the age of AI — as more and more companies report being targets of cyberattacks or ransomware hacks. Cybersecurity and multi-factor authentication sy...
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Okta Announces Availability of Fine Grained Authorization for Enhanced Security and Efficiency
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced general availability of Fine Grained Authorization (FGA) to address authorization co...
Okta CEO Todd McKinnon breaks down earnings beat as stock surges 20%
Okta CEO Todd McKinnon joins CNBC's "Money Movers" in an exclusive interview to discuss earnings and demand in the software industry.
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Okta stock wins a double upgrade following Q4 earnings
It's not too late to invest in Okta Inc (NASDAQ: OKTA) even though it has rallied some 60% over the past four months, says a Bank of America analyst.
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Okta Earnings Have Wall Street Impressed. Analysts Say the Stock Can Keep Flying.
CEO Todd McKinnon said that demand remains robust.
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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...
![](https://cdn.snapi.dev/images/v1/a/l/tech-stocks-1600-1775317-2300201.png)
Okta Stock Surges On Strong Earnings, Raised Outlook—Key Price Levels to Watch
Okta (OKTA) shares surged 23% in extended-hours trading on Wednesday evening after the cloud identity software maker topped quarterly estimates and raised its annual sales outlook on growing momentum ...
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Okta's profit push is paying off as earnings send the stock soaring
Okta Inc. issued an upbeat outlook Wednesday afternoon while saying that its emphasis on profitability is paying off. Its stock was rose more than 23% in the extended session.
CRM, SNOW, OKTA: Earnings Just Released
Salesforce (CRM), Snowflake (SNOW), and Okta (OKTA) earnings were just released. Nicole Petallides and Kevin Green discuss these earnings as Salesforce issued 1Q guidance ahead of estimates, Sridhar R...
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Okta Strengthens Go to Market Leadership with Executive Appointments
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced three new executive appointments on its go to market team as customers embrace the i...
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Okta Announces Fourth Quarter And Fiscal Year 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024. “W...