Okta, Inc. (OKTA)
Market Cap | 12.08B |
Revenue (ttm) | 2.17B |
Net Income (ttm) | -463.92M |
Shares Out | 164.05M |
EPS (ttm) | -2.86 |
PE Ratio | n/a |
Forward PE | 54.12 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,704,063 |
Open | 67.23 |
Previous Close | 67.05 |
Day's Range | 67.13 - 73.78 |
52-Week Range | 60.22 - 91.50 |
Beta | 0.96 |
Analysts | Buy |
Price Target | 86.97 (+18.12%) |
Earnings Date | Nov 29, 2023 |
About OKTA
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta's, a suite of products and services is used 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; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Fact... [Read more]
Financial Performance
In 2022, Okta, Inc.'s revenue was $1.86 billion, an increase of 42.92% compared to the previous year's $1.30 billion. Losses were -$815.00 million, -3.89% less than in 2021.
Financial StatementsAnalyst Forecast
According to 36 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price forecast is $86.97, which is an increase of 18.12% from the latest price.
News

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 4, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("O...

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Okta, Inc. – OKTA
NEW YORK--(BUSINESS WIRE)---- $BROS #BROS--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Okta...

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("O...

Okta's stock falls amid wave of downgrades: ‘Now is not the time' for profit push
Okta Inc. shares furthered their selloff in Thursday's session as analysts expressed doubt about the company's strategic focus and deal trajectory in the wake of a recent security breach.
INVESTOR ALERT: Okta grapples with fallout post data breach
Zscaler founder Jay Chaudhry provides insight on internet security on 'The Claman Countdown.'
Okta discloses hackers stole all customer support data on Q3 earnings call
Cybersecurity firm Okta (OKTA) stock slumps Wednesday morning despite a third-quarter earnings beat on headlines of a major data breach. Hackers targeted Okta's customer database with the company warn...

Okta Says Hackers Stole Data For All Customer Support Users
Okta said hackers stole data for all of its customer support system users in a breach that the identity-verification company disclosed last month.

Okta's upbeat earnings help offset new details about breach, lifting the stock
Shares of Okta Inc. had been falling in Wednesday's premarket trading after the company disclosed new information about a cybersecurity breach, but the shares turned around once the company posted its...

Okta Announces Third Quarter Fiscal Year 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its third quarter ended October 31, 2023. “Our Q3 performance...

Password authenticator Okta says hackers stole names and email addresses of all its customer support users
Okta said hackers stole a report with names and email addresses of all customer support users. Those users face an "increased risk of phishing," the password authenticator said in a blog.

Okta hackers stole data on all customer support users, company says
The expanded scope of the breach comes ahead of Okta's earnings report, and after the company first disclosed the breach in November.

Okta Appoints Jon Addison as Chief Revenue Officer and Kerry Ok as Chief Marketing Officer
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced two new executive appointments. Jon Addison has been named Okta's Chief Revenue Offi...

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("...

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("...

Beyond Identity Releases Defense Kit for Okta Customers
NEW YORK--(BUSINESS WIRE)--Beyond Identity, the leading provider of passwordless, phishing-resistant MFA, today released the Okta Defense Kit.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("O...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Okta Inc. - OKTA
NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Okta Inc. ("Okta" or the "Company") (NASDAQ: OKTA). Such investors are advised to contact Robert...

Okta to Announce Third Quarter Fiscal Year 2024 Financial Results on November 29, 2023
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its third quarter fiscal year 2024 e...

2 fallen cybersecurity stocks for patient bargain hunters
Cybersecurity stocks have been strong performers this earnings season. Many leaders are higher priced stocks in the $100 to over $300 range.

Okta Inc. (OKTA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK , Oct. 26, 2023 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Okta Inc. ("Okta" or "the Company") (NA...

Okta Stock Slid More Than 11% After Hacker Accessed Company's Support System
The company said its Okta authentication service was not targeted and remains unaffected by the hack.

Okta's latest hack fallout hits Cloudflare, 1Password
Network and security giant Cloudflare and password manager maker 1Password said hackers briefly targeted their systems following a recent breach of Okta's support unit. Both Cloudflare and 1Password s...

Okta cybersecurity breach wipes out more than $2 billion in market cap
Okta shares continued their fall Monday after the company said client files had been accessed by an unknown hacker, the latest attempt involving the company.

Okta's stock extends meltdown as recent breach could mean more pain ahead
Shares of Okta Inc. were extending their sizable selloff Monday as analysts weighed in on the potential impacts of a recently disclosed data breach.