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Okta, Inc. (OKTA)

Stock Price: $219.78 USD 12.44 (6.00%)
Updated Jul 8, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 27.39B
Revenue (ttm) 643.70M
Net Income (ttm) -214.61M
Shares Out 116.14M
EPS (ttm) -1.79
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 8, 2020
Last Price $219.78
Previous Close $207.34
Change ($) 12.44
Change (%) 6.00%
Day's Open 209.89
Day's Range 209.51 - 219.99
Day's Volume 1,724,193
52-Week Range 88.66 - 219.99

More Stats

Market Cap 27.39B
Enterprise Value 27.08B
Earnings Date (est) Sep 3, 2020
Ex-Dividend Date n/a
Shares Outstanding 116.14M
Float 114.83M
EPS (basic) -1.78
EPS (diluted) -1.79
FCF / Share 0.43
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 0.19%
Payout Ratio n/a
Shares Short 6.76M
Short Ratio 2.79
Short % of Float 5.90%
Beta 1.06
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 518.13
PS Ratio 42.55
PB Ratio 62.67
Revenue 643.70M
Operating Income -186.25M
Net Income -214.61M
Free Cash Flow 52.86M
Net Cash 303.83M
Net Cash / Share 2.44
Gross Margin 66.29%
Operating Margin -28.93%
Profit Margin -33.30%
FCF Margin 8.21%
ROA -7.67%
ROE -65.78%
ROIC -12.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (23)

Buy 14
Overweight 0
Hold 8
Underweight 1
Sell 0

Analyst Consensus: Buy

Price Target

$202.29*
(-7.96% downside)
Low
173
Current: 219.78
High
236
Target: 202.29
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014
Revenue58639925716185.9141.01
Revenue Growth46.79%55.63%59.54%87.19%109.48%-
Gross Profit42728617610549.8822.28
Operating Income-186-120-112-74.67-75.99-58.78
Net Income-209-125-110-75.06-76.30-59.11
Shares Outstanding11710883.0019.0417.8216.10
Earnings Per Share-1.78-1.17-1.32-3.94-4.28-3.67
Operating Cash Flow55.6015.17-25.24-42.10-41.54-32.75
Capital Expenditures-19.33-21.92-11.98-11.74-6.70-2.95
Free Cash Flow36.27-6.75-37.22-53.84-48.24-35.69
Cash & Equivalents1,40356423037.6791.620.00
Total Debt1,092419----
Net Cash / Debt31114523037.6791.620.00
Assets1,955984399131150-
Liabilities1,550732200146103-
Book Value405252199-244-181-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Okta, Inc.
Country United States
Employees 2,379
CEO Todd McKinnon

Stock Information

Ticker Symbol OKTA
Stock Exchange NASDAQ
Sector Technology
Industry Software—Infrastructure
Unique Identifier NASDAQ: OKTA
IPO Date April 7, 2017

Description

Okta, Inc. provides identity management platforms for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition, the company offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California.