OKTA Stock Overview
Operates as an identity partner in the United States and internationally.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 1/6 |
Past Performance | 0/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
Okta, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$102.96 |
52 Week High | US$114.50 |
52 Week Low | US$65.04 |
Beta | 0.98 |
1 Month Change | 11.88% |
3 Month Change | 15.87% |
1 Year Change | 25.33% |
3 Year Change | -56.80% |
5 Year Change | -6.08% |
Change since IPO | 337.94% |
Recent News & Updates
Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Recent updates
Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Okta: Time To Take Chips Off The Table (Rating Downgrade)
Mar 22Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge
Feb 29Okta: Zero-Trust Security Providing Further Upside Potential
Feb 20Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?
Feb 11Okta: Hold Until Management Provides Clearer Guidance
Feb 04Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price
Dec 19Is Okta, Inc. (NASDAQ:OKTA) Potentially Undervalued?
Nov 25Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?
Sep 25An Intrinsic Calculation For Okta, Inc. (NASDAQ:OKTA) Suggests It's 31% Undervalued
Sep 04Is Now The Time To Look At Buying Okta, Inc. (NASDAQ:OKTA)?
Aug 14Okta, Inc.'s (NASDAQ:OKTA) P/S Still Appears To Be Reasonable
Jul 27Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Jun 20Calculating The Intrinsic Value Of Okta, Inc. (NASDAQ:OKTA)
May 06What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?
Apr 15Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Feb 14Estimating The Fair Value Of Okta, Inc. (NASDAQ:OKTA)
Dec 24Okta: The Market Leader In Identity Management At A Bargain Valuation
Oct 03OKTA Stock: 50% Undervalued, But Demand Headwinds Might Send The Stock Lower
Sep 20Is Okta Stock A Buying Opportunity After Price Crashes Over 25%?
Sep 13If You Like Okta, Better Like It With Options
Sep 01Why Okta, (NASDAQ:OKTA) Twilio (NYSE:TWLO) and Akamai (NASDAQ:AKAM) May Fit Together in the Authentication Segment
Sep 01Buy Okta Heading Into The Earnings Print: The Giant Will Awaken
Aug 26Okta: A Winning Cybersecurity Opportunity
Aug 17Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Jul 31Okta: It's Good, But Not Good Enough
Jul 20Okta: Finally Time To Go Long
Jul 11SaaS Pair Trade: Buy Okta, Short Toast
Jun 30Okta Stock: Large Risk, Large Return
Jun 09Okta Jumps After Earnings: Time To Pounce
Jun 03Shareholder Returns
OKTA | US IT | US Market | |
---|---|---|---|
7D | 5.7% | 1.0% | 1.7% |
1Y | 25.3% | 11.6% | 26.3% |
Return vs Industry: OKTA exceeded the US IT industry which returned 11.6% over the past year.
Return vs Market: OKTA underperformed the US Market which returned 26.3% over the past year.
Price Volatility
OKTA volatility | |
---|---|
OKTA Average Weekly Movement | 7.5% |
IT Industry Average Movement | 8.7% |
Market Average Movement | 5.9% |
10% most volatile stocks in US Market | 16.0% |
10% least volatile stocks in US Market | 2.8% |
Stable Share Price: OKTA has not had significant price volatility in the past 3 months.
Volatility Over Time: OKTA's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2009 | 5,908 | Todd McKinnon | www.okta.com |
Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta’s suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows.
Okta, Inc. Fundamentals Summary
OKTA fundamental statistics | |
---|---|
Market cap | US$17.32b |
Earnings (TTM) | -US$355.00m |
Revenue (TTM) | US$2.26b |
7.7x
P/S Ratio-48.8x
P/E RatioIs OKTA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
OKTA income statement (TTM) | |
---|---|
Revenue | US$2.26b |
Cost of Revenue | US$581.00m |
Gross Profit | US$1.68b |
Other Expenses | US$2.04b |
Earnings | -US$355.00m |
Last Reported Earnings
Jan 31, 2024
Next Earnings Date
May 29, 2024
Earnings per share (EPS) | -2.11 |
Gross Margin | 74.33% |
Net Profit Margin | -15.69% |
Debt/Equity Ratio | 19.6% |
How did OKTA perform over the long term?
See historical performance and comparison