Okta, Inc. (OKTA)
| Market Cap | 20.81B -3.4% |
| Revenue (ttm) | 3.00B +11.7% |
| Net Income | 247.00M +90.0% |
| EPS | 1.38 +117.8% |
| Shares Out | 175.35M |
| PE Ratio | 86.14 |
| Forward PE | 30.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,150,186 |
| Open | 107.54 |
| Previous Close | 94.72 |
| Day's Range | 106.50 - 119.25 |
| 52-Week Range | 62.66 - 119.85 |
| Beta | 0.59 |
| Analysts | Buy |
| Price Target | 115.88 (-2.36%) |
| 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 46 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price target is $115.88, which is a decrease of -2.36% from the latest price.
News
Okta price target raised to $120 from $100 at Truist
Truist raised the firm’s price target on Okta (OKTA) to $120 from $100 and keeps a Buy rating on the shares. The company reported strong Q1 results that were above…
Okta price target raised to $105 from $80 at Scotiabank
Scotiabank analyst Patrick Colville raised the firm’s price target on Okta (OKTA) to $105 from $80 and keeps a Sector Perform rating on the shares. The firm intends to remain…
Okta price target raised to $125 from $110 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Okta (OKTA) to $125 from $110 and keeps an Overweight rating on the shares. Okta delivered a strong Q1 beat across revenue,…
Okta price target raised to $115 from $85 at Raymond James
Raymond James raised the firm’s price target on Okta (OKTA) to $115 from $85 and keeps an Outperform rating on the shares. Okta’s Q1 results exceeded buyside expectations for cRPO,…
Okta price target raised to $122 from $108 at RBC Capital
RBC Capital raised the firm’s price target on Okta (OKTA) to $122 from $108 and keeps an Outperform rating on the shares after its Q1 earnings beat. The company reported…
Okta price target raised to $110 from $100 at Mizuho
Mizuho raised the firm’s price target on Okta (OKTA) to $110 from $100 and keeps an Outperform rating on the shares. The company reported solid Q1 results with an “encouraging”…
Okta price target raised to $110 from $80 at Susquehanna
Susquehanna raised the firm’s price target on Okta (OKTA) to $110 from $80 and keeps a Neutral rating on the shares. The firm said the company posted solid results and…
Okta price target raised to $125 from $110 at Oppenheimer
Oppenheimer raised the firm’s price target on Okta (OKTA) to $125 from $110 and keeps an Outperform rating on the shares. The firm notes Okta delivered solid Q1 results, beating…
Okta price target raised to $120 from $95 at BMO Capital
BMO Capital analyst Keith Bachman raised the firm’s price target on Okta (OKTA) to $120 from $95 and keeps an Outperform rating on the shares. The company reported a solid…
Okta to Present at Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced that a member of its management team is scheduled to participate in an upcoming in...
Okta price target raised to $120 from $90 at Needham
Needham analyst Mike Cikos raised the firm’s price target on Okta (OKTA) to $120 from $90 and keeps a Buy rating on the shares. The company reported a solid start…
Okta price target raised to $115 from $95 at Canaccord
Canaccord analyst Kingsley Crane raised the firm’s price target on Okta (OKTA) to $115 from $95 and keeps a Buy rating on the shares. The firm updated its model following…
Okta price target raised to $119 from $105 at BTIG
BTIG raised the firm’s price target on Okta (OKTA) to $119 from $105 and keeps a Buy rating on the shares. The company delivered strong Q1 results and raised its…
Okta price target raised to $120 from $92 at Stifel
Stifel raised the firm’s price target on Okta (OKTA) to $120 from $92 and keeps a Buy rating on the shares.
Okta price target raised to $105 from $82 at Piper Sandler
Piper Sandler raised the firm’s price target on Okta (OKTA) to $105 from $82 and keeps an Overweight rating on the shares. The firm says the company delivered a steady…
Okta price target raised to $120 from $114 at JPMorgan
JPMorgan raised the firm’s price target on Okta (OKTA) to $120 from $114 and keeps an Overweight rating on the shares. The firm views the company’s Q1 report as strong,…
Okta price target raised to $115 from $101 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Okta (OKTA) to $115 from $101 and keeps an Overweight rating on the shares. Q1 results beat across key metrics and acceleration…
Okta price target raised to $140 from $120 at Baird
Baird analyst Shrenik Kothari raised the firm’s price target on Okta (OKTA) to $140 from $120 and keeps an Outperform rating on the shares. The firm updated its model following…
Okta price target raised to $100 from $85 at Wells Fargo
Wells Fargo raised the firm’s price target on Okta (OKTA) to $100 from $85 and keeps an Equal Weight rating on the shares. The firm notes Q1 was relatively clean,…
Okta Q1 Earnings Call Highlights
Okta NASDAQ: OKTA executives said the identity security company began fiscal 2027 with strong first-quarter momentum, citing large enterprise demand, partner engagement and contributions from newer pr...
Okta CEO Todd McKinnon talks earnings beat ahead of investors call
Okta CEO Todd McKinnon joins 'Closing Bell Overtime' ahead of the earnings call to talk how it is utilizing AI agents in cybersecurity.
Okta, Inc. Earnings Call Transcript: Q1 2027
Q1 FY27 saw strong revenue growth, record AI agent product pipeline, and increased large enterprise focus. New product bookings rose to 25%, with AI-specific deals showing higher average size, though early in revenue impact. Guidance remains prudent as AI adoption matures.
Okta, Inc. Earnings release: Q1 2027
Okta, Inc. released its Q1 2027 earnings on May 28, 2026, summarizing the period's financial results.
Okta, Inc. Slides: Q1 2027
Okta, Inc. has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on May 28, 2026.