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Okta (OKTA)
NASDAQ:OKTA

Okta (OKTA) Price & Analysis

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OKTA Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Financial PerformanceOkta continues to make strides towards improving profitability, reporting record net income of $158mn and a healthy free cash flow margin of 35%.
Product InnovationManagement highlighted new products continue to resonate exhibited by the number of workflow executions increasing ~400% over the past three years.
Sales And Customer GrowthOkta now counts 480 $1M+ ARR customers, with the fastest-growing cohort within this million-dollar-plus base.
Bears Say
Demand ConcernsThe decline in the cRPO coverage ratio raised investor worries about hidden signals of weakness in demand, contrasting with the company's narrative.
Net Retention RateNet Retention Rate ticked down to 106% versus 111% in 1Q25, which poses a heightened risk for Okta as 95% of revenues come from the existing base, potentially limiting the company’s ability to maintain a growth profile.
Revenue GuidanceAfter Okta’s earnings the stock dropped over 15%, reflecting concerns over a thinner in-quarter revenue beat and no fiscal year raise, which implied lower future quarters.

Financials

Ownership Overview

0.52%29.53%19.51%24.12%
19.51% Other Institutional Investors
24.12% Public Companies and Individual Investors

OKTA FAQ

What was Okta’s price range in the past 12 months?
Okta lowest stock price was $70.56 and its highest was $127.57 in the past 12 months.
    What is Okta’s market cap?
    Okta’s market cap is $17.27B.
      When is Okta’s upcoming earnings report date?
      Okta’s upcoming earnings report date is Aug 27, 2025 which is in 62 days.
        How were Okta’s earnings last quarter?
        Okta released its earnings results on May 28, 2025. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.09.
          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 0.84.
              How many shares outstanding does Okta have?
              Okta has 167,163,420 shares outstanding.
                What happened to Okta’s price movement after its last earnings report?
                Okta reported an EPS of $0.86 in its last earnings report, beating expectations of $0.77. Following the earnings report the stock price went up 1.34%.
                  Which hedge fund is a major shareholder of Okta?
                  Currently, no hedge funds are holding shares in OKTA

                  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 Company Deck

                  OKTA Earnings Call

                  Q1 2025
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The earnings call highlighted strong performance in profitability, cash flow, and new product growth, alongside successful large customer engagements and public sector strength. However, concerns about macroeconomic factors and their impact on future growth, along with sequential declines in cRPO and NRR, indicate a cautious outlook.Read More>

                  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

                  $125.88
                  ▲(28.17%Upside)
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<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 15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":94.55,"date":1719792000000,"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 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":91.38,"date":1722470400000,"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 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 20, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":78.73,"date":1725148800000,"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 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":72.58,"date":1727740800000,"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 19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 35, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":73.23,"date":1730419200000,"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 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 24, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":80.85,"date":1733011200000,"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 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 46, \t&nbsp;</span>\n  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