Okta, Inc.

LSE:0KB7 Stock Report

Market Cap: US$16.6b

Okta Valuation

Is 0KB7 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0KB7 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$136.47
Fair Value
29.7% undervalued intrinsic discount
37
Number of Analysts

Below Fair Value: 0KB7 ($95.88) is trading below our estimate of fair value ($136.47)

Significantly Below Fair Value: 0KB7 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0KB7?

Key metric: As 0KB7 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0KB7. This is calculated by dividing 0KB7's market cap by their current revenue.
What is 0KB7's PS Ratio?
PS Ratio6.6x
SalesUS$2.53b
Market CapUS$16.63b

Price to Sales Ratio vs Peers

How does 0KB7's PS Ratio compare to its peers?

The above table shows the PS ratio for 0KB7 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.2x
RCN Redcentric
1.1x5.3%UK£180.4m
BKS Beeks Financial Cloud Group
6.9x22.1%UK£216.6m
SGE Sage Group
5.6x8.1%UK£13.0b
SCT Softcat
3.3x10.6%UK£3.3b
0KB7 Okta
6.6x9.6%US$16.6b

Price-To-Sales vs Peers: 0KB7 is expensive based on its Price-To-Sales Ratio (6.6x) compared to the peer average (4.2x).

Price to Sales Ratio vs Industry

How does 0KB7's PS Ratio compare vs other companies in the GB IT Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
NVIQ Noventiq Holdings
0.1xn/aUS$228.10m
CLCO CloudCoCo Group
0.04xn/aUS$1.38m
No more companies available in this PS range
0KB7 6.6xIndustry Avg. 0.9xNo. of Companies4PS012345+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0KB7 is expensive based on its Price-To-Sales Ratio (6.6x) compared to the European IT industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 0KB7's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0KB7 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.6x
Fair PS Ratio11.4x

Price-To-Sales vs Fair Ratio: 0KB7 is good value based on its Price-To-Sales Ratio (6.6x) compared to the estimated Fair Price-To-Sales Ratio (11.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0KB7 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$96.45
US$104.92
+8.8%
12.7%US$140.00US$75.00n/a37
Feb ’26US$94.79
US$104.22
+9.9%
12.5%US$140.00US$75.00n/a37
Jan ’26US$78.81
US$103.58
+31.4%
13.1%US$140.00US$75.00n/a37
Dec ’25US$77.64
US$96.45
+24.2%
16.0%US$140.00US$75.00n/a36
Nov ’25US$73.09
US$98.55
+34.8%
15.6%US$140.00US$75.00n/a35
Oct ’25US$72.67
US$106.45
+46.5%
14.2%US$140.00US$75.00n/a36
Sep ’25US$78.92
US$108.64
+37.7%
13.0%US$140.00US$75.00n/a36
Aug ’25US$91.02
US$114.95
+26.3%
10.0%US$140.00US$95.00n/a36
Jul ’25US$93.82
US$114.89
+22.5%
10.1%US$140.00US$95.00n/a36
Jun ’25US$86.44
US$114.25
+32.2%
11.2%US$140.00US$81.14n/a37
May ’25US$93.02
US$113.42
+21.9%
11.8%US$140.00US$81.14n/a38
Apr ’25US$104.75
US$113.42
+8.3%
11.8%US$140.00US$81.14n/a38
Mar ’25US$107.91
US$109.50
+1.5%
14.6%US$140.00US$75.00n/a38
Feb ’25US$84.99
US$87.26
+2.7%
13.4%US$120.00US$64.00US$94.7939
Jan ’25US$90.73
US$84.29
-7.1%
14.6%US$120.00US$64.00US$78.8138
Dec ’24US$71.30
US$84.04
+17.9%
14.8%US$120.00US$64.00US$77.6438
Nov ’24US$68.30
US$91.45
+33.9%
12.3%US$120.00US$64.00US$73.0939
Oct ’24US$81.18
US$93.94
+15.7%
11.8%US$120.00US$64.00US$72.6741
Sep ’24US$85.93
US$93.32
+8.6%
11.7%US$120.00US$64.00US$78.9241
Aug ’24US$76.11
US$92.05
+20.9%
13.1%US$120.00US$64.00US$91.0241
Jul ’24US$69.99
US$91.93
+31.3%
13.2%US$120.00US$64.00US$93.8241
Jun ’24US$75.11
US$91.76
+22.2%
13.6%US$120.00US$64.00US$86.4441
May ’24US$68.35
US$92.18
+34.9%
13.4%US$120.00US$64.00US$93.0240
Apr ’24US$86.04
US$92.08
+7.0%
13.4%US$120.00US$64.00US$104.7538
Mar ’24US$71.14
US$81.56
+14.7%
18.4%US$125.00US$45.00US$107.9137
Feb ’24US$72.79
US$80.34
+10.4%
19.0%US$125.00US$45.00US$84.9935
Analyst Price Target
Consensus Narrative from 37 Analysts
US$103.67
Fair Value
7.5% undervalued intrinsic discount
37
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 20:22
End of Day Share Price 2025/02/19 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Okta, Inc. is covered by 62 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shrenik KothariBaird
Ishan MajumdarBaptista Research
Saket KaliaBarclays