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Okta (OKTA)
NASDAQ:OKTA
OKTA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$70.56 - $114.50
Previous CloseN/A
Volume569.93K
Average Volume (3M)2.49M
Market Cap
$16.63B
Enterprise Value$10.98B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Mar 03, 2025EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding163,604,690
10 Day Avg. Volume2,229,818
30 Day Avg. Volume2,491,799
Standard Deviation0.15
R-Squared0.12
Alpha-0.00566
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.56
Price to Cash Flow (P/CF)26.20
P/FCF Ratio27.00
Enterprise Value/Market Cap0.66
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.53
Enterprise Value/Ebitda-2.74K
Forecast
1Y Price Target
$104.93Price Target Upside8.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering30
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceMargins now nicely ramped up to a healthy 20%+ level, it wouldn’t surprise to see management opt to reinvest FY2026 revenue upside to catalyze growth.
Investment PriorityIdentity security investments climbing back up buyer's priority lists could give Okta more breathing room this year.
Operational StrategyStrategic GTM specialization, disciplined cost management, and a prudent guidance approach create a favorable setup for further upside on the bottom line as well as the top line.
Bears Say
Core Business ChallengesManagement pointed to lowered assumptions for seats and monthly active users, indicating continued challenges within core components of the business.
Market CompetitionOKTA could continue to face challenges upon customer renewals as security buyers opt to use alternatives like Microsoft for MFA/SSO, CyberArk for PAM, and SailPoint for IGA.
Workforce ManagementThis announcement represents Okta’s third RIF in three years, suggesting ongoing challenges in managing workforce and demand.
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Ownership Overview
0.56% Insiders
28.66% Mutual Funds
20.59% Other Institutional Investors
31.68% 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 $16.63B.
When is Okta’s upcoming earnings report date?
Okta’s upcoming earnings report date is Mar 03, 2025 which is in 11 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?
Currently, no hedge funds are holding shares in OKTA
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Okta Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$104.93 (8.20% Upside)
$104.93 (8.20% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 92%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 22.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.13%
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
$104.93
▲(8.20% Upside)
Technical Analysis
Best Analysts Covering OKTA
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+15.74%
reiterated a buy rating 3 months ago
Copying Matthew Hedberg's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +15.74% per trade.
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