Okta, Inc. (OKTA)
NASDAQ:OKTA
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OKTA Stock Chart & Stats
$72.25
-$0.45(-0.53%)
At close: 4:00 PM EST
$72.25
-$0.45(-0.53%)
Day’s Range― - ―
52-Week Range$62.66 - $142.35
Previous CloseN/A
Volume569.93K
Average Volume (3M)4.47M
Market Cap
$20.15B
Enterprise Value$18.43B
Total Cash (Recent Filing)$2.59B
Total Debt (Recent Filing)$411.00M
Price to Earnings (P/E)84.4
Beta1.07
Next Earnings
Sep 02, 2026EPS Estimate
0.97Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.40
Shares Outstanding166,119,890
10 Day Avg. Volume3,692,107
30 Day Avg. Volume4,471,681
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)2.12
Price to Sales (P/S)5.09
P/FCF Ratio16.42
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue6.15
Enterprise Value/Gross Profit7.94
Enterprise Value/Ebitda51.18
Forecast
1Y Price Target
$118.56Price Target Upside64.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering33
EPS Forecast (FY)3.85
Revenue Forecast (FY)$3.20B
Bulls Say, Bears Say
Bulls Say
Improving ProfitabilityOkta’s sustained gross margin near 77% and a return to operating profit reflect durable SaaS economics and improved cost control. Over 2–6 months this enhances earnings quality, supports reinvestment or buybacks, and reduces sensitivity to cyclical revenue swings as recurring subscriptions scale.
Conservative Balance SheetA conservatively levered balance sheet with roughly $2.6B in cash provides financial flexibility for investments, M&A, repurchases, or note settlements. This lowers refinancing risk, preserves runway for product development, and sustains strategic optionality across a multi-quarter horizon.
Enterprise Traction & Product MomentumMeaningful uptake of new modules and larger ACV on bundled deals improves customer stickiness and expansion potential. Durable enterprise adoption and upsell capability support predictable recurring revenue growth and better LTV economics over several quarters as platform penetration deepens.
Bears Say
AI Products Early-stageAlthough AI agents generate outsized pipeline and larger deal sizes, their immaterial current revenue contribution means expected monetization and margin uplift remain uncertain. Adoption, pricing models and measurement need to mature before delivering sustained revenue or margin benefits.
Professional Services Revenue HeadwindShifting services to partners improves gross margin economics long-term but creates a structural near-term revenue drag and reduces reported top-line visibility. Over multiple quarters this can compress headline growth metrics even as unit margins and scalability improve.
Cash-flow Volatility & Upcoming Cash OutflowMaterial TTM free cash flow decline and a significant near-term $350M cash settlement reduce free cash flow flexibility and increase execution risk on capital allocation. This constrains strategic optionality and elevates sensitivity to any further margin or revenue softness over the coming quarters.
Okta News
OKTA FAQ
What was Okta, Inc.’s price range in the past 12 months?
Okta, Inc. lowest stock price was $62.66 and its highest was $142.35 in the past 12 months.
What is Okta, Inc.’s market cap?
Okta, Inc.’s market cap is $20.15B.
When is Okta, Inc.’s upcoming earnings report date?
Okta, Inc.’s upcoming earnings report date is Sep 02, 2026 which is in 70 days.
How were Okta, Inc.’s earnings last quarter?
Okta, Inc. released its earnings results on May 28, 2026. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.853 by $0.057.
Is Okta, Inc. overvalued?
According to Wall Street analysts Okta, Inc.’s price is currently Undervalued.
Does Okta, Inc. pay dividends?
Okta, Inc. does not currently pay dividends.
What is Okta, Inc.’s EPS estimate?
Okta, Inc.’s EPS estimate is 0.97.
How many shares outstanding does Okta, Inc. have?
Okta, Inc. has 166,119,890 shares outstanding.
What happened to Okta, Inc.’s price movement after its last earnings report?
Okta, Inc. reported an EPS of $0.91 in its last earnings report, beating expectations of $0.853. Following the earnings report the stock price went up 30.141%.
Which hedge fund is a major shareholder of Okta, Inc.?
Currently, no hedge funds are holding shares in OKTA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Okta Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$118.56 (64.10% Upside)
$118.56 (64.10% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 174.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.61%
12-Months-Change
Fundamentals
Return on Equity
3.59%
Trailing 12-Months
Asset Growth
-0.19%
Trailing 12-Months
Company Description
Okta, Inc.
Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services. These include a Universal Directory, a cloud-based system designed to securely store and manage user, application, and device profiles; Single Sign-On (SSO), enabling seamless access to cloud-based or on-premises applications from multiple devices; and Adaptive Multi-Factor Authentication, which adds an extra layer of security for various applications and data. Further components encompass Lifecycle Management for overseeing a user's digital identity journey, API Access Management for securing interfaces, an Access Gateway to extend cloud capabilities to on-premises applications, and Advanced Server Access for safeguarding cloud infrastructure. Additionally, Okta incorporates Auth0's product portfolio. This includes Universal Login for consistent user authentication experiences across different apps and devices; Attack Protection, a suite of features to counter malicious online activity; Adaptive Multi-Factor Authentication, providing strong security with minimal user inconvenience; and Passwordless authentication, allowing users to log in through diverse methods without traditional passwords. Other Auth0 offerings are Machine to Machine (M2M) authentication and authorization built on industry standards; Private Cloud, for deploying dedicated Auth0 instances; and Organizations, providing independent configurations, login flows, and security settings for different groups. Okta further provides comprehensive customer assistance, educational programs, and specialized professional services. The company distributes its offerings directly via its sales teams and through a network of channel partners. Originally established as Saasure, Inc. in 2009, Okta, Inc. maintains its corporate headquarters in San Francisco, California.
OKTA Company Deck
OKTA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Okta reported a strong start to FY27 with broad-based go-to-market improvements, healthy cash reserves, meaningful enterprise traction (large customer mix) and rapid pipeline build — particularly around AI agent products and integrations with major platform partners. The AI products are driving outsized deal sizes and strategic pull-through for other products, but remain early and not yet material to revenue. Near-term headwinds include a ~1-point revenue impact from shifting professional services to partners, ~$350M convertible note settlement next month, modest FCF margin pressure from capital actions, adoption/pricing uncertainty for agent economics, and rising AI inference costs. Overall, upside potential from the large AI pipeline and product momentum outweighs the early-stage limitations and near-term execution items.View all OKTA earnings summariesOKTA Revenue Breakdown
78.79% U.S.
21.21% International
OKTA Stock 12 Month Forecast
Average Price Target
$118.56
▲(64.10% Upside)
Technical Analysis
Ownership Overview
0.60% Insiders
27.84% Mutual Funds
16.22% Other Institutional Investors
26.58% Public Companies and Individual Investors