Okta, Inc. (OKTA)
| Market Cap | 20.27B |
| Revenue (ttm) | 2.61B |
| Net Income (ttm) | 28.00M |
| Shares Out | 173.60M |
| EPS (ttm) | 0.15 |
| PE Ratio | 773.53 |
| Forward PE | 36.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,752,990 |
| Open | 116.65 |
| Previous Close | 116.38 |
| Day's Range | 115.51 - 117.74 |
| 52-Week Range | 70.56 - 118.07 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 114.13 (-2.24%) |
| Earnings Date | Mar 3, 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 33 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price forecast is $114.13, which is a decrease of -2.24% from the latest price.
News
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...
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
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...
Okta Announces Fourth Quarter And Fiscal Year 2025 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, 2025. “O...
SMCI Success Tied to NVDA, INTC 18A Tests & "Biggest Competitor" for OKTA
Ahead of Okta Inc.'s (OKTA) earnings, Ryan Shrout with Futurum says the biggest headwinds will be competition as cybersecurity becomes "more complicated." He adds that Crowdstrike (CRWD) will not be t...
Okta's Growth in Identity Security Drives Bullish Outlook, Analyst Sees Upside
WestPark Capital analyst Casey Ryan reiterated Okta Inc OKTA with a Buy and a $140 price target.
Okta Appoints Eric Kelleher as President and Chief Operating Officer
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced the appointment of Eric Kelleher as President and Chief Operating Officer (COO). In ...
Okta lays off 180 employees – nearly one year after last workforce reduction
U.S. access and identity management giant Okta laid off 180 employees on Tuesday, the company confirmed to TechCrunch – just over one year after it let go of 400 workers.
Okta to Announce Fourth Quarter and Fiscal Year 2025 Financial Results on March 3, 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 fourth quarter and fiscal year 2...
Okta: Slowly Turning To Profitable Company Signals Buy
Okta's recovery from its 2021-2022 decline is driven by significant R&D investments, strategic acquisitions, and enhanced enterprise market focus, leading to improved product offerings and customer lo...
The Market Is Sleeping On Okta - Time To Buy Before It Wakes Up
Okta's strong free cash flow, high gross margins, and stable subscription base outweigh short-term issues, making it undervalued at around $94 per share. Despite competition and integration challenges...