Okta, Inc. (OKTA)
| Market Cap | 14.84B -13.1% |
| Revenue (ttm) | 2.92B +11.8% |
| Net Income | 235.00M +739.3% |
| EPS | 1.31 +2,333.1% |
| Shares Out | 176.89M |
| PE Ratio | 63.97 |
| Forward PE | 22.15 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,745,652 |
| Open | 80.33 |
| Previous Close | 80.88 |
| Day's Range | 78.54 - 83.97 |
| 52-Week Range | 62.66 - 127.57 |
| Beta | 0.59 |
| Analysts | Buy |
| Price Target | 103.60 (+23.48%) |
| Earnings Date | May 28, 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 36 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price target is $103.6, which is an increase of 23.48% from the latest price.
News
Okta Ventures Unveils "The 2026 Identity 25" to Honor Pioneers Securing Identity in the Age of AI
SAN FRANCISCO--(BUSINESS WIRE)--Today, Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, introduces its 2026 report, "The Identity 25." ...
Okta to Announce First Quarter Fiscal Year 2027 Financial Results on May 28, 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 first quarter fiscal year 2027 e...
Okta's stock is surging. Here's why identity security has become the next hot thing.
As artificial-intelligence agents become popularized and the threat of digital crime grows, analysts are taking a fresh look at Okta, one of the few companies they say can meet identity-security needs...
Okta upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Okta (OKTA) to Overweight from Equal Weight with a price target of $90, up from $85. Barclay’s chief investment officer survey indicates identity has moved to the top
Qualcomm downgraded, Okta upgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by
AI Agents Could Be a Boon, Not a Replacement, for Okta. An Analyst Says Buy Now.
Raymond James analyst Adam Tindle upgraded shares of Okta to Outperform from Market Perform.
Thursday's Morning Movers: OKTA Upgrade, PYPL & FLUT Downgrades
Raymond James sees more growth opportunities ahead for Okta Inc. (OKTA), according to the firm's latest upgrade on the company. Diane King Hall adds that dissipating headwinds and AI trends offer a bi...
Okta upgraded to Outperform from Market Perform at Raymond James
Raymond James upgraded Okta (OKTA) to Outperform from Market Perform with an $85 price target The shares have dropped from $200 in fiscal 2023 to $60 today as the company’s
Okta price target lowered to $95 from $100 at KeyBanc
KeyBanc analyst Eric Heath lowered the firm’s price target on Okta (OKTA) to $95 from $100 and keeps an Overweight rating on the shares. The firm says survey results and
Software stocks are getting pulverized — but bitcoin's rebound hints that a bottom might be in
Bitcoin's relative strength on Friday may offer a bullish clue for battered software shares — that is, if a past relationship still holds.
Software stocks are having a ‘full-fledged breakdown' — and they may fall even further
A strategist notes that the sector is once again testing a technical support level, which increases the likelihood that it will break that support.
US software stocks fall as Anthropic's new AI model revives disruption fears
U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns it could expose hidden cybersecurity vulnerabilities, deepening investor fears...
Here's why Palo Alto Networks and other cybersecurity stocks are now standout gainers
Analysts say investors were too quick to punish cybersecurity shares last week in the wake of updates about an upcoming Anthropic model.
BTIG says buy cybersecurity selloff with reaction ‘completely wrong’
BTIG reiterates Buy ratings on CrowdStrike (CRWD), Cloudflare (NET), Netskope (NTSK), Okta (OKTA), Palo Alto Networks (PANW), Rubrik (RBRK), SailPoint, (SAIL) and Zscaler (ZS) after a draft blog post ...
Palo Alto Networks and other cybersecurity stocks slide on fresh Anthropic fears. Investors may be overreacting.
Cybersecurity stocks tumbled Friday morning on the news of a new Anthropic model, but analysts argue that AI will ultimately be a tailwind for the sector
Cybersecurity stocks fall on report Anthropic is testing a powerful new model
Cybersecurity stocks slumped on Friday on a report that Anthropic is testing a powerful new artificial intelligence model called Mythos that presents potential security risks. The rise of AI is puttin...
OKTA "Very Much a Leader" in Cybersecurity & Example Options Trade
Steve Koenig digs into Okta Inc.'s (OKTA) bounce back, saying their last quarterly report and guidance were reassuring. He discusses their upcoming AI product launches which may be building hype but t...
SpecterOps Expands Identity Attack Path Management to Okta, GitHub, and Mac
ALEXANDRIA, Va.--(BUSINESS WIRE)--SpecterOps, creators of BloodHound and leader in identity Attack Path Management (APM), today announced new coverage for Okta, GitHub, and Mac environments. The new B...
Is Okta Entering A Value Zone?
Okta (OKTA) stock has dropped by 11.6% in under a month, from $87.26 on February 13, 2026, to $77.16 currently. Should you consider buying this dip?
Druva Pioneers Identity-Aware Resilience for Okta, Active Directory, and Entra ID
SANTA CLARA, Calif.--(BUSINESS WIRE)--Druva, the leading provider of data security, today announced Druva Identity Resilience, adding support for Okta and Microsoft Active Directory alongside Microsof...
Okta, Inc. Transcript: Status update
AI agents are transforming technology, demanding new security and identity frameworks. Okta for AI Agents, launching April 30, operationalizes a blueprint for secure agentic enterprises, with Dell’s experience highlighting the benefits of agent identity and governance.
Okta Announces New Blueprint for the Secure Agentic Enterprise
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced a new blueprint for the secure agentic enterprise to help every organization answer...
These 4 cybersecurity stocks are Wall Street's favorite AI-proof plays
While the broader software sector stumbles, cybersecurity platforms are emerging as essential infrastructure needed to channel rising traffic from AI agents.
Cloud stocks jump, head for best day in nearly a year despite broad market declines
The WisdomTree Cloud Computing Fund (WCLD) gained 4.5%, putting the exchange-traded fund on track for its best day since April 24, when it jumped 4.7%. The rally in Okta comes after the identity secur...
Okta's stock rallies as momentum in AI agents fuels an earnings beat
Okta beat earnings expectations for the latest quarter, but guidance for the current quarter was below forecasts.