OKTA Stock Overview
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally.
Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 1/6 |
Past Performance | 0/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
Rewards
Risk Analysis
Okta, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$70.77 |
52 Week High | US$91.50 |
52 Week Low | US$49.01 |
Beta | 0.96 |
1 Month Change | 7.62% |
3 Month Change | -15.26% |
1 Year Change | 32.73% |
3 Year Change | -69.26% |
5 Year Change | 16.69% |
Change since IPO | 201.02% |
Recent News & Updates
Recent updates
Is 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 03Okta: Better Sell Before Its Upcoming Earnings Release
May 24Okta: Still Expensive, But Approaching A Buy Point
Apr 29Health Check: How Prudently Does Okta (NASDAQ:OKTA) Use Debt?
Apr 13Okta: Credibility Has Been Smashed
Apr 04Okta Remains A Strong Buy Despite Being Breached
Mar 29Okta: Q4 Earnings, Avoid This Stock For Now, Here's Why
Mar 03Okta: Still A Lot Of Demand, But Maybe Not Compelling Enough
Feb 08Tech Has Fallen: Okta Is A Buy
Jan 27Is Okta, Inc. (NASDAQ:OKTA) Trading At A 33% Discount?
Jan 07Okta: Demand For Identity Management Remains Strong
Jan 06Shareholder Returns
OKTA | US IT | US Market | |
---|---|---|---|
7D | -1.6% | 1.4% | 0.09% |
1Y | 32.7% | 19.0% | 10.4% |
Return vs Industry: OKTA exceeded the US IT industry which returned 19% over the past year.
Return vs Market: OKTA exceeded the US Market which returned 10.4% over the past year.
Price Volatility
OKTA volatility | |
---|---|
OKTA Average Weekly Movement | 7.4% |
IT Industry Average Movement | 7.7% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 15.4% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: OKTA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: OKTA's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2009 | 5,806 | Todd McKinnon | https://www.okta.com |
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’s, a suite of products and services is used to manage and secure identities, 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 enables organizations to extend the Workforce Identity Cloud; Advanced Server Access to manage and secure cloud infrastructure; and Okta Identity Governance, an identity access management and identity governance solutions. It also provides Universal Login 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 Customer Identity Cloud; In addition, the company provides organization; Actions and Extensibility; and Enterprise Connections.
Okta, Inc. Fundamentals Summary
OKTA fundamental statistics | |
---|---|
Market Cap | US$11.91b |
Earnings (TTM) | -US$592.00m |
Revenue (TTM) | US$2.07b |
5.6x
P/S Ratio-19.6x
P/E RatioIs OKTA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
OKTA income statement (TTM) | |
---|---|
Revenue | US$2.07b |
Cost of Revenue | US$567.00m |
Gross Profit | US$1.50b |
Other Expenses | US$2.09b |
Earnings | -US$592.00m |
Last Reported Earnings
Jul 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | -3.61 |
Gross Margin | 72.54% |
Net Profit Margin | -28.67% |
Debt/Equity Ratio | 25.7% |
How did OKTA perform over the long term?
See historical performance and comparison