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Okta (OKTA)
NASDAQ:OKTA
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OKTA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$70.56 - $114.50
Previous CloseN/A
Volume569.93K
Average Volume (3M)4.03M
Market Cap
$14.23B
Enterprise Value$10.98B
Total Cash (Recent Filing)$37.67M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.56
Next Earnings
Feb 26, 2025EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding163,604,690
10 Day Avg. Volume2,657,014
30 Day Avg. Volume4,025,751
Standard Deviation0.15
R-Squared0.12
Alpha-0.00631
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.70
Price to Cash Flow (P/CF)22.70
P/FCF Ratio23.40
Enterprise Value/Market Cap0.77
Enterprise Value/Revenue4.33
Enterprise Value/Gross Profit6.53
Enterprise Value/Ebitda71.76
Forecast
1Y Price Target
$102.04Price Target Upside19.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Okta News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOkta offers an attractive setup with double-digit growth potential and sustained performance.
Market PositionOkta is a leader in Identity and Access Management and is seen as a primary beneficiary of the growing strategic importance of Identity Security.
Product And Customer SatisfactionHigh customer satisfaction and strong product portfolio lead to upsell and cross-sell opportunities.
Bears Say
Competition And Pricing PressureConcerns exist about competition and potential pricing pressure in the Identity and Access Management market, which could impact the company's profitability and market share.
Net Revenue RetentionNet retention decreased to 108% as the company continues to navigate seat-related downsell pressures, signaling potential difficulties in maintaining customer engagement and growth.
Revenue GrowthManagement's preliminary FY26 revenue growth guidance of only 7% year-over-year was well below the Street's forecast of around 10%, indicating potential challenges ahead.
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Ownership Overview
0.49% Insiders
28.87% Mutual Funds
0.27% Other Institutional Investors
51.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Okta
Desktop Users
Mobile Users
OKTA FAQ
What was Okta’s price range in the past 12 months?
Okta lowest stock price was $70.56 and its highest was $114.50 in the past 12 months.
What is Okta’s market cap?
Okta’s market cap is $14.23B.
When is Okta’s upcoming earnings report date?
Okta’s upcoming earnings report date is Feb 26, 2025 which is in 39 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on Dec 03, 2024. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.585 by $0.085.
Is Okta overvalued?
According to Wall Street analysts Okta’s price is currently Undervalued.
Does Okta pay dividends?
Okta does not currently pay dividends.
What is Okta’s EPS estimate?
Okta’s EPS estimate is 0.74.
How many shares outstanding does Okta have?
Okta has 163,604,690 shares outstanding.
What happened to Okta’s price movement after its last earnings report?
Okta reported an EPS of $0.67 in its last earnings report, beating expectations of $0.585. Following the earnings report the stock price went up 5.385%.
Which hedge fund is a major shareholder of Okta?
Among the largest hedge funds holding Okta’s share is Sands Capital Management LLC. It holds Okta’s shares valued at 641M.
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Okta Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$102.04 (19.11% Upside)
$102.04 (19.11% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 89%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 771.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.64%
12-Months-Change
Fundamentals
Return on Equity
-0.62%
Trailing 12-Months
Asset Growth
3.09%
Trailing 12-Months
Company Description
Okta
Okta, Inc. provides identity management services to enterprises. Its products include Single Sign-On, Adaptive Multi-Factor Authentication, Mobility Management, Lifecycle Management, Universal Directory, API access management, API products and integration network services.
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OKTA Company Deck
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OKTA Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with strong Q3 performance, notable achievements in large customer deals, public sector success, and improved financial outlook. Despite challenges in net retention rates and a consistent but scrutinized macro environment, Okta's strategic focus and recognition as a leader in access management contributed to an optimistic outlook.Read More>---
OKTA Revenue Breakdown
78.79% U.S.
21.21% International
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OKTA Stock 12 Month Forecast
Average Price Target
$102.04
▲(19.11% Upside)
Technical Analysis
CrowdStrike Holdings
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Best Analysts Covering OKTA
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+5.77%
assigned a buy rating 2 months ago
Copying Adam Borg's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +5.77% per trade.
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