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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 - $153.20
Previous CloseN/A
Volume569.93K
Average Volume (3M)4.51M
Market Cap
$25.51B
Enterprise Value$18.43B
Total Cash (Recent Filing)$2.59B
Total Debt (Recent Filing)$411.00M
Price to Earnings (P/E)106.3
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. Volume2,946,893
30 Day Avg. Volume4,506,006
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 Cap0.72
Enterprise Value/Revenue6.15
Enterprise Value/Gross Profit7.94
Enterprise Value/Ebitda51.18
Forecast
1Y Price Target
$123.72Price Target Upside71.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering33
EPS Forecast (FY)3.85
Revenue Forecast (FY)$3.20B
Bulls Say, Bears Say
Bulls Say
Recurring Subscription Model & Expansion RevenueOkta’s core subscription model drives recurring revenue and high retention dynamics, enabling predictable cash flows and revenue visibility. Upsell/cross-sell across SSO, MFA, lifecycle and CIAM, plus partner integrations, support durable account expansion and higher lifetime value.
High Gross Margins And Improving ProfitabilitySustained ~77% gross margins and a return to operating profitability show the business can convert revenue to earnings at scale. Management’s FY27 margin guidance (25–26% non‑GAAP operating margin; strong FCF targets) suggests structural margin improvement if execution continues, underpinning durable earnings quality.
Strong Balance Sheet And Capital FlexibilityA conservative leverage profile and ~$2.6B in liquidity provide flexibility for investments, tuck-in M&A, and shareholder returns. Active buybacks and ample cash reduce refinancing risk, support capital allocation choices, and give management optionality through industry cycles.
Bears Say
AI Products Early-stage, Limited RevenueWhile AI agents drive larger deals and pipeline, their current revenue contribution is small. This means the strategic upside from AI remains execution-dependent; durable revenue uplift will take time as customers operationalize agents and Okta proves scalable monetization.
Agent Monetization & Rising AI Inference CostsUncertain pricing/measurement for autonomous agents, plus industry-wide inference cost growth, create structural margin risk as agent usage scales. Okta must design sustainable pricing and cost controls; failure to do so could erode the unit economics of fast-growing AI use cases.
Modest Net Margins And Cash-flow VolatilityDespite strong gross margins, net margins remain modest and TTM free cash flow showed a material decline, indicating cash-flow volatility. This could constrain sustained reinvestment, capital returns, or buffer for cyclical shocks until cash generation stabilizes.
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 $153.20 in the past 12 months.
What is Okta, Inc.’s market cap?
Okta, Inc.’s market cap is $25.51B.
When is Okta, Inc.’s upcoming earnings report date?
Okta, Inc.’s upcoming earnings report date is Sep 02, 2026 which is in 54 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
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$123.72 (71.24% Upside)
$123.72 (71.24% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 70%
Sector Average 65%
Sector Average 65%
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
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.48%
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
$123.72
▲(71.24% Upside)
Technical Analysis
Ownership Overview
0.23% Insiders
28.89% Mutual Funds
0.24% Other Institutional Investors
42.26% Public Companies and Individual Investors