Okta, Inc. (OKTA)

NASDAQ: OKTA · Real-Time Price · USD
100.88
-0.94 (-0.92%)
At close: Apr 14, 2025, 4:00 PM
100.51
-0.37 (-0.37%)
Pre-market: Apr 15, 2025, 8:40 AM EDT
-0.92%
Market Cap 17.51B
Revenue (ttm) 2.61B
Net Income (ttm) 28.00M
Shares Out 173.60M
EPS (ttm) 0.15
PE Ratio 668.38
Forward PE 31.46
Dividend n/a
Ex-Dividend Date n/a
Volume 1,959,712
Open 103.82
Previous Close 101.82
Day's Range 100.45 - 104.77
52-Week Range 70.56 - 118.07
Beta 1.07
Analysts Buy
Price Target 114.97 (+13.97%)
Earnings Date May 28, 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]

Sector Technology
IPO Date Apr 7, 2017
Country United States
Stock Exchange NASDAQ
Ticker Symbol OKTA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 35 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price forecast is $114.97, which is an increase of 13.97% from the latest price.

Price Target
$114.97
(13.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - Business Wire

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 ...

6 days ago - Business Wire

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 ...

10 days ago - Business Wire

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...

14 days ago - Seeking Alpha

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...

Other symbols: TWLO
17 days ago - Invezz

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...

18 days ago - Business Wire

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...

20 days ago - Business Wire

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...

4 weeks ago - Seeking Alpha

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...

Other symbols: IBMMSTR
4 weeks ago - Schwab Network

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 ...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - Yahoo Finance

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...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - CNBC

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.

Other symbols: ONONBBY
5 weeks ago - Schwab Network

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 ...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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.”

6 weeks ago - Market Watch

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

Other symbols: SMCI
6 weeks ago - Schwab Network

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.

6 weeks ago - Benzinga

Software stocks are on fire — and the party can keep on going this year

Smaller software stocks have been on a tear this year, and the sector broadly stands to benefit from lower costs for AI.

2 months ago - Market Watch