Okta, Inc. (OKTA)
| Market Cap | 34.44B |
| Revenue (ttm) | 1.02B |
| Net Income (ttm) | -534.48M |
| Shares Out | 154.66M |
| EPS (ttm) | -3.94 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,140,750 |
| Open | 267.41 |
| Previous Close | 219.58 |
| Day's Range | 217.01 - 224.26 |
| 52-Week Range | 199.08 - 294.00 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 297.62 (+33.6%) |
| Earnings Date | n/a |
About OKTA
Okta, Inc. provides identity management platform 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 v...
Financial Performance
In 2020, Okta, Inc's revenue was $835.42 million, an increase of 42.55% compared to the previous year's $586.07 million. Losses were -$266.33 million, 27.5% more than in 2019.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for Okta, Inc stock is "Buy." The 12-month stock price forecast is 297.62, which is an increase of 33.65% from the latest price.
News
OKTA Gears Up to Report Q3 Earnings: What's in the Cards?
OKTA's third-quarter fiscal 2022 results are expected to reflect continued adoption of Identity solutions. However, growing investments are likely to keep margins under pressure.
Okta (OKTA) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Okta (OKTA) closed at $219.58, marking a +1.83% move from the previous day.
Analysts Estimate Okta (OKTA) to Report a Decline in Earnings: What to Look Out for
Okta (OKTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why HubSpot, Okta, and Appian Stocks All Slumped on Tuesday
There was a steep sell-off of high-growth tech stocks, most likely the result of broader macroeconomic issues.
3 Top Cybersecurity Stocks to Buy for the Long Haul
Protecting information is crucial in the digital age and these companies are working to fulfill that need.
Okta CEO explains why the identity software firm is opening a retail location in New York City
Todd McKinnon, CEO and co-founder of Okta, appeared on Wednesday's episode of "Mad Money," discussing the identity software provider is leasing retail space in New York City.
Here's why identity software firm Okta plans to open a retail location in New York City
"One of the challenges with identity technology and talking about this vision is sometimes it's hard to imagine," Okta co-founder and CEO Todd McKinnon said.
Picking the right tech stocks amid inflation concerns
Byron Deete, Bessemer Venture Partners partner, joins 'Squawk on the Street' to discuss why software stocks are resistant to inflationary pressures.
Auth0 Expands Reach to Mexico with TEC360 Partnership
BUENOS AIRES, Argentina--(BUSINESS WIRE)--The Auth0 Identity Platform, a product unit within Okta (NASDAQ: OKTA), announced today a new partnership with TEC360, a leading provider of cloud solutions for...
Is This Top Artificial-Intelligence-Powered Cybersecurity Stock a Buy?
The cybersecurity industry has massive secular tailwinds as risks and awareness rise. Does this young outperformer have the metrics and technology to continue to dominate the market?
Okta (OKTA) Outpaces Stock Market Gains: What You Should Know
Okta (OKTA) closed at $255.70 in the latest trading session, marking a +0.57% move from the prior day.
Okta and Okta (Auth0) Both Named as Leaders in 2021 Gartner® Magic Quadrant™ for Access Management
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced that it has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Access...
BlackBerry and Okta Partner to Deliver Seamless Identity and Access Capabilities
BlackBerry UEM and Okta integration will enable enterprise security and workforce productivity from anywhere WATERLOO, ON, Nov. 2, 2021 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced ...
Okta to Announce Third Quarter Fiscal 2022 Financial Results on December 1, 2021
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today announced that it will release its financial results for its third quarter fiscal 2022 ended O...
Wharton Interactive Selects Auth0 to Help Securely Democratize and Transform Education
BELLEVUE, Wash.--(BUSINESS WIRE)--The Auth0 Identity Platform, a product unit within Okta (NASDAQ: OKTA), today announced it has been selected as the identity and authentication provider for Wharton Int...
Okta Signs Lease for New York City Retail Space to Create Immersive Experience Center
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced plans to create an Experience Center in premier retail space in New York City's Flati...
Onfido Survey Reveals Businesses Must Establish Trust Online in Less Than 10 Minutes or Risk Losing Customers
PARIS--(BUSINESS WIRE)-- #IAM--Onfido and Okta survey uncovers how customers' attitude and relationship with digital identity has changed over the past year.
Onfido Survey: Businesses Have Just 10 Minutes to Establish Trust Online or Risk Losing Customers
LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Onfido and Okta survey: businesses have just 10 minutes to establish trust online or risk losing customers.
Okta (OKTA) Stock Sinks As Market Gains: What You Should Know
Okta (OKTA) closed the most recent trading day at $255.02, moving -0.2% from the previous trading session.
Why Okta Stock Jumped This Week
The cloud stock was climbing after the company held a customer event.
Okta CEO: Auth0 partnership gives 'leg up' in customer identity space
Okta is advancing its customer identity with Auth0. Okta CEO Todd McKinnon joins Yahoo Finance's Akiko Fujita and Zack Guzman to discuss.
CEO of Auth0 explains what the identity management firm brings to Okta after being acquired
The chief executives of Okta and Auth0, Todd McKinnon and Eugenio Pace, appeared on Wednesday's episode of "Mad Money,"
Why Okta Stock Was Gaining Today
Lower interest rates and some product updates at a conference seemed to give the stock a boost.
Auth0 Identity Platform Now Available on Microsoft Azure
BELLEVUE, Wash.--(BUSINESS WIRE)--The Auth0 Identity Platform, a product unit within Okta (NASDAQ: OKTA), today announced the launch of the Auth0 Identity Platform on Microsoft Azure. The launch gives c...
Okta Unveils Updated Availability for Okta Workflows as New Standalone Offering with Expanded Capabilities
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:Okta), the leading independent identity provider, today announced the availability of Okta Workflows as a standalone offering for all customers. Okta W...