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Okta (OKTA)
NASDAQ:OKTA

Okta (OKTA) Price & Analysis

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OKTA Stock Chart & Stats

$73.23
-$0.45(-0.53%)
At close: 4:00 PM EST
$73.23
-$0.45(-0.53%)

Bulls Say, Bears Say

Bulls Say
AI Agent Identity AdoptionRising enterprise plans to issue and govern digital identities for AI agents position Okta's agent-focused identity platform to capture demand for discovering, registering, assigning human owners, enforcing policies, monitoring behavior, and instantly revoking privileges.
Contract Backlog And Subscription GuidanceStronger-than-expected contract backlog and subscription revenue guidance, even after shifting professional services to partners, suggests healthier recurring revenue visibility and potential upside to future top-line results.
Valuation Re-rating PotentialOkta's valuation sits at a notable discount to cybersecurity peers, creating scope for multiple expansion if revenue growth sustainably reaccelerates and execution continues to improve.
Bears Say
Competitive Pressure From Large VendorsIntense competition from Microsoft and cybersecurity vendors that bundle security and identity increases pressure on Okta's market position, potentially limiting market share gains and pricing power.
Margin And Cash Flow Guidance RiskManagement guidance pointing to lower profitability and free cash flow margins due to prioritizing growth and ramping hiring may weigh on near-term margins and investor sentiment.
Product Availability Limiting Near-term MonetizationPartial commercial availability of the full AI security portfolio may constrain near-term AI monetization and delay realization of expected revenue from AI-focused offerings.

Okta News

OKTA FAQ

What was Okta’s price range in the past 12 months?
Okta lowest stock price was $68.77 and its highest was $127.57 in the past 12 months.
    What is Okta’s market cap?
    Okta’s market cap is $12.95B.
      When is Okta’s upcoming earnings report date?
      Okta’s upcoming earnings report date is May 28, 2026 which is in 61 days.
        How were Okta’s earnings last quarter?
        Okta released its earnings results on Mar 04, 2026. The company reported $0.9 earnings per share for the quarter, beating the consensus estimate of $0.846 by $0.054.
          Is Okta overvalued?
          According to Wall Street analysts Okta’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Okta pay dividends?
            Okta does not currently pay dividends.
            What is Okta’s EPS estimate?
            Okta’s EPS estimate is 0.85.
              How many shares outstanding does Okta have?
              Okta has 169,200,450 shares outstanding.
                What happened to Okta’s price movement after its last earnings report?
                Okta reported an EPS of $0.9 in its last earnings report, beating expectations of $0.846. Following the earnings report the stock price went up 11.026%.
                  Which hedge fund is a major shareholder of Okta?
                  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

                    Company Description

                    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 Identity Cloud, a platform that offers a suite of products and services, 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-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

                    Okta (OKTA) Earnings & Revenues

                    OKTA Company Deck

                    OKTA Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call emphasized strong product momentum, enterprise and channel traction, record contract activity, a healthy balance sheet, and disciplined profitability while investing for growth. Early success in AI-agent products and a growing new-product mix (~30% of Q4 bookings) are notable positives. Near-term headwinds include a conservative FY'27 revenue guide (~9% growth), a deliberate shift of professional services to partners (≈1-point revenue impact), flat upsell-driven retention trends, and the early-stage nature of agent pricing and revenue contribution. On balance, management presented tangible wins and clear strategic direction while acknowledging measured near-term conservatism and execution risks in the transition to the agentic market.View all OKTA earnings summaries

                    OKTA Revenue Breakdown

                    78.79%78.79%21.21%
                    78.79% U.S.
                    21.21% International
                    tipranks

                    OKTA Stock 12 Month Forecast

                    Average Price Target

                    $100.66
                    ▲(37.46% Upside)
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style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":80.64,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 38,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 44, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":86.47,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 43,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 34, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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