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OKTA logo

Okta, Inc. Stock Price

NasdaqGS:OKTA Community·US$33.3b Market Cap
  • 4 Narratives written by author
  • 7 Comments on narratives written by author
  • 413 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

OKTA Share Price Performance

US$188.12
98.12 (109.02%)
​
US$121.88
Fair Value
US$188.12
98.12 (109.02%)
54.3% overvalued intrinsic discount
US$121.88
Fair Value
Price US$188.12
AnalystConsensusTarget US$121.88
Tokyo US$151.00
AnalystHighTarget US$180.00
Tue, 7 Jul 26
Fair ValueUS$121.88
Share Pricen/a

OKTA Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$121.88 54.3% overvalued intrinsic discount

Cloud Migration And AI Security Will Reshape Identity Markets

1users have liked this narrative
0users have commented on this narrative
110users have followed this narrative
TO
Tokyo
Tokyo's
Fair Value
·
Fair Value US$151 24.6% overvalued intrinsic discount

Good foundation, but now it's all about the next steps

11users have liked this narrative
7users have commented on this narrative
100users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$220.95 14.9% undervalued intrinsic discount

Digital Transformation And Regulatory Shifts Will Expand Identity Adoption

0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
OKTA logo
Okta
24.6% overvalued intrinsic discount

Good foundation, but now it's all about the next steps

View narrative
TO
Tokyo
Recommended Voice
Tokyo
Updated 7 Jun
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OKTA logo
Okta
14.9% undervalued intrinsic discount
Updated

Digital Transformation And Regulatory Shifts Will Expand Identity Adoption

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AN
AnalystHighTarget
AnalystHighTarget
Updated 17 Sep
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OKTA logo
Okta
27.5% overvalued intrinsic discount

AI Identity Consolidation And Platform Competition Will Pressure Long-Term Earnings Potential

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AN
AnalystLowTarget
AnalystLowTarget
Updated 3 Sep
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OKTA logo
Okta
54.3% overvalued intrinsic discount

Cloud Migration And AI Security Will Reshape Identity Markets

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 7 Jul
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

TO
Tokyo
OKTA logo

Todd McKinnon delivered, but still needs to find a better payment-solution

Fair Value: US$151 24.6% overvalued intrinsic discount
100 fair values setusers have set this as their fair value
7 commentsusers have commented on this narrative
1 likeusers have liked this narrative
AN
AnalystHighTarget
OKTA logo

OKTA: AI Identity Security For Agentic Workloads Will Drive Future Upside

Fair Value: US$220.95 14.9% undervalued intrinsic discount
3 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
OKTA logo

OKTA: Elevated AI Identity Hopes Will Likely Outpace Real Demand

Fair Value: US$147.54 27.5% overvalued intrinsic discount
2 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Flawless balance sheet with solid track record.

1 Risk
2 Rewards
View Full Analysis

Okta, Inc. Key Details

US$3.1b

Revenue

US$672.0m

Cost of Revenue

US$2.4b

Gross Profit

US$2.1b

Other Expenses

US$296.0m

Earnings

Last Reported Earnings
Jul 31, 2026
Next Reporting Earnings
n/a
1.69
78.13%
9.63%
0%
View Full Analysis

About OKTA

Founded
2009
Employees
6366
CEO
Todd McKinnon
WebsiteView website
www.okta.com

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Recent OKTA News & Updates

Seeking Alpha • 9h

Okta: Just Another Overpriced Story Stock Within Cybersecurity

Summary Okta has over 20,000 customers, which I see as a significant upsell opportunity for its Okta for AI agents solution. The company closed dozens of AI-agent deals in Q2 FY2027, including several worth more than $1 million. That said, management still describes AI’s current contribution as “immaterial” and “very small”. I think the stock has run way ahead of fundamentals, and I see Okta as a high beta on the cybersecurity theme. Beyond that, I don't see a compelling story. I'm neutral on OKTA. I may change my rating if I see meaningful analyst revisions driven by agentic identity security upsells. Read the full article on Seeking Alpha

Recent updates

No updates

Okta, Inc. Competitors

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