Okta, Inc. (OKTA)
NASDAQ:OKTA
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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 - $107.36
Previous CloseN/A
Volume569.93K
Average Volume (3M)3.23M
Market Cap
$16.61B
Enterprise Value$15.88B
Total Cash (Recent Filing)$2.59M
Total Debt (Recent Filing)$411.00K
Price to Earnings (P/E)125.4
Beta1.07
Next Earnings
Sep 02, 2026EPS Estimate
0.96Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.40
Shares Outstanding167,658,970
10 Day Avg. Volume3,114,648
30 Day Avg. Volume3,228,909
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 Cap0.96
Enterprise Value/Revenue5.30
Enterprise Value/Gross Profit6.84
Enterprise Value/Ebitda54.57
Forecast
1Y Price Target
$116.56Price Target Upside61.33% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering35
EPS Forecast (FY)3.8
Revenue Forecast (FY)$3.18B
Bulls Say, Bears Say
Bulls Say
High Gross Margin And Profitability RecoverySustained ~77% gross margin and a recent return to operating profit underpin durable unit economics typical of leading SaaS platforms. That margin profile supports reinvestment in product, steady operating leverage, and reduces dependence on volatile one‑time items to show profit over the next several quarters.
Conservative Balance Sheet And Strong LiquidityA large cash stockpile (~$2.6B) and low leverage give management optionality to fund buybacks, settle maturing convertibles, and invest in go‑to‑market or M&A without stressing operations. This financial flexibility materially lowers solvency risk and supports multi‑quarter execution plans.
Enterprise Traction And Product-led ExpansionA rising share of bookings from new products and a ~40% ACV uplift on those deals indicate durable cross‑sell and upsell mechanics. Coupled with an 85% large‑customer ACV mix, this suggests sticky enterprise relationships that can sustain recurring revenue and improve lifetime value over the medium term.
Bears Say
AI Products Early And Limited Near-term RevenueWhile AI agent products drive an outsized pipeline, they remain nascent and contributed little to recent revenue. Uncertain pricing, measurement of agent usage, and evolving customer policies mean monetization and margin benefits are not guaranteed in the next several quarters, adding execution risk to growth expectations.
Professional Services Shift Pressures Reported RevenueRouting professional services through partners reduces reported services revenue and creates a structural headwind to headline growth. Over a multi‑quarter horizon, this changes revenue mix, increases reliance on partner execution for customer success, and can mute near‑term top‑line comparability versus peers.
Near-term Cash Outflow From Convertible Notes SettlementA ~$350M cash settlement for maturing convertibles is a material near‑term outflow that will reduce available cash and temporarily depress free cash flow metrics. Even with a strong cash position, this event constrains allocation flexibility and raises execution attention around capital actions over the coming quarters.
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 $107.36 in the past 12 months.
What is Okta, Inc.’s market cap?
Okta, Inc.’s market cap is $16.61B.
When is Okta, Inc.’s upcoming earnings report date?
Okta, Inc.’s upcoming earnings report date is Sep 02, 2026 which is in 95 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 0.96.
How many shares outstanding does Okta, Inc. have?
Okta, Inc. has 167,658,970 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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$116.56 (61.33% Upside)
$116.56 (61.33% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 174.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 2.3%
Last 30 Days ▼ 2.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.60%
12-Months-Change
Fundamentals
Return on Equity
3.35%
Trailing 12-Months
Asset Growth
-0.19%
Trailing 12-Months
Company Description
Okta, Inc.
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 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
$116.56
▲(61.33% Upside)
Technical Analysis
Ownership Overview
0.62% Insiders
27.61% Mutual Funds
16.07% Other Institutional Investors
26.87% Public Companies and Individual Investors