OKTA logo

Okta, Inc. Stock Price

NasdaqGS:OKTA Community·US$13.7b Market Cap
  • 4 Narratives written by author
  • 7 Comments on narratives written by author
  • 381 Fair Values set on narratives written by author

OKTA Share Price Performance

US$83.90
-35.55 (-29.76%)
US$99.95
Fair Value
US$83.90
-35.55 (-29.76%)
16.3% undervalued intrinsic discount
US$100.28
Fair Value
Price US$83.90
AnalystConsensusTarget US$100.28
Tokyo US$147.87
AnalystLowTarget US$75.03

OKTA Community Narratives

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Fair Value US$99.95 19.1% undervalued intrinsic discount

Cloud Migration And AI Security Will Reshape Identity Markets

1users have liked this narrative
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109users have followed this narrative
Fair Value
·
Fair Value US$147.87 45.3% undervalued intrinsic discount

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

11users have liked this narrative
7users have commented on this narrative
82users have followed this narrative
·
Fair Value US$75.03 7.8% overvalued intrinsic discount

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

0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
US$147.87
45.3% undervalued intrinsic discount
Fair Value
Profit Margin
21%
Future PE
35x
Price in 2029
US$211.92
US$133.38
39.4% undervalued intrinsic discount
Revenue
11.15% p.a.
Profit Margin
14.39%
Future PE
54.68x
Price in 2029
US$172.83
US$75.03
7.8% overvalued intrinsic discount
Revenue
8.54% p.a.
Profit Margin
0.86%
Future PE
609.69x
Price in 2028
US$97.2

Trending Discussion

Updated Narratives

OKTA logo

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

Fair Value: US$147.87 45.3% undervalued intrinsic discount
82 users have set this as their fair value
7 users have commented on this narrative
0 users have liked this narrative
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OKTA: AI Agent Identity And Q4 Execution Will Drive Repricing

Fair Value: US$99.95 19.1% undervalued intrinsic discount
109 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
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OKTA: Identity Securing AI Agents Will Drive Future Upside

Fair Value: US$133.38 39.4% undervalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet with solid track record.

0 Risks
3 Rewards

Okta, Inc. Key Details

US$2.9b

Revenue

US$661.0m

Cost of Revenue

US$2.3b

Gross Profit

US$2.0b

Other Expenses

US$235.0m

Earnings

Last Reported Earnings
Jan 31, 2026
Next Reporting Earnings
May 28, 2026
1.33
77.36%
8.05%
5.0%
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 May 07

Okta: An Oversold Victim Of The 'SaaSapocalypse' Focused On Agentic AI

Summary Okta, Inc. appears significantly oversold despite its unique positioning as the independent identity and access management layer for the emerging era of autonomous AI agents. Management reports that Okta contracts including new agentic solutions drive a 40 percent uplift in value as organizations prioritize securing non-human identities. Okta maintains a strategic advantage through vendor neutrality allowing it to secure complex workflows across diverse cloud ecosystems without platform lock-in. Growth in remaining performance obligations suggests robust demand for Okta despite conservative guidance and analyst skepticism regarding the recent partner ecosystem pivot. While stock-based compensation remains elevated the current valuation for Okta provides a compelling entry point for investors anticipating a renaissance in the software sector. Read the full article on Seeking Alpha

Recent updates

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