Okta, Inc.

NasdaqGS:OKTA Stock Report

Market Cap: US$14.0b

Okta Future Growth

Future criteria checks 4/6

Okta is forecast to grow earnings and revenue by 36.3% and 9.4% per annum respectively. EPS is expected to grow by 36.4% per annum. Return on equity is forecast to be 8.3% in 3 years.

Key information

36.3%

Earnings growth rate

36.4%

EPS growth rate

IT earnings growth14.1%
Revenue growth rate9.4%
Future return on equity8.3%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

Recent updates

Okta: You Should Be Thankful It's Still So Cheap

Dec 16

Okta: Growth Outlook Has Gotten Better

Dec 10

Okta Earnings: Conservative Guidance Leaves Room For Upside

Dec 04

Okta: The Underdog's Advantage

Nov 07

Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?

Nov 02
Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?

Okta, Inc.'s (NASDAQ:OKTA) Shares May Have Run Too Fast Too Soon

Oct 04
Okta, Inc.'s (NASDAQ:OKTA) Shares May Have Run Too Fast Too Soon

Okta: Bargain Stock With A Path To Recovery (Rating Upgrade)

Sep 30

Okta Earnings: Game Over, Time To Log Out (Downgrade)

Aug 29

Okta: Low Debt And High Margins In A Growing Tech Industry

Aug 22

Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?

Jul 30
Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?

Okta: With Guidance Boost, I'm Diving Back In

Jul 30

Okta: Why I'm Initiating With A Buy

Jul 12

What Does Okta, Inc.'s (NASDAQ:OKTA) Share Price Indicate?

Jul 12
What Does Okta, Inc.'s (NASDAQ:OKTA) Share Price Indicate?

Okta: The Turnaround Is Underway (Ratings Upgrade)

Jul 01

Okta: Navigating Volatility For Sustainable Growth, Buy

May 31

Okta Is Priced For More Growth Than What The Firm Has To Offer (Earnings Preview)

May 24

Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?

May 21
Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?

Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins

Apr 23

Is Okta (NASDAQ:OKTA) Using Debt Sensibly?

Apr 14
Is Okta (NASDAQ:OKTA) Using Debt Sensibly?

Okta: Assessing Overly Optimistic Consensus Estimates And Valuations

Apr 01

Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?

Mar 27
Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?

Okta: Time To Take Chips Off The Table (Rating Downgrade)

Mar 22

Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge

Feb 29

Okta: Zero-Trust Security Providing Further Upside Potential

Feb 20

Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?

Feb 11
Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?

Okta: Hold Until Management Provides Clearer Guidance

Feb 04

Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?

Jan 06
Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?

Earnings and Revenue Growth Forecasts

NasdaqGS:OKTA - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
1/31/20273,083-2678882030
1/31/20262,802-6967571340
1/31/20252,597-465968339
10/31/20242,533-39612638N/A
7/31/20242,452-136607635N/A
4/30/20242,362-276578602N/A
1/31/20242,263-355488512N/A
10/31/20232,168-464394414N/A
7/31/20232,065-592251268N/A
4/30/20231,961-691177196N/A
1/31/20231,858-8156386N/A
10/31/20221,731-903-423N/A
7/31/20221,600-9152351N/A
4/30/20221,464-9824467N/A
1/31/20221,300-84887104N/A
10/31/20211,152-683115125N/A
7/31/20211,019-534123132N/A
4/30/2021904-318134145N/A
1/31/2021835-266111128N/A
10/31/2020768-24196118N/A
7/31/2020704-2326485N/A
4/30/2020644-2154473N/A
1/31/2020586-2092856N/A
10/31/2019534-1891441N/A
7/31/2019487-155637N/A
4/30/2019441-152732N/A
1/31/2019399-125-715N/A
10/31/2018361-118-145N/A
7/31/2018322-121N/A-11N/A
4/30/2018288-108N/A-12N/A
1/31/2018257-110N/A-25N/A
10/31/2017228-105N/A-32N/A
7/31/2017204-94N/A-31N/A
4/30/2017181-88N/A-37N/A
1/31/2017161-75N/A-42N/A
10/31/2016139-87N/A-44N/A
1/31/201686-76N/A-42N/A
1/31/201541-59N/A-33N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OKTA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: OKTA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: OKTA is expected to become profitable in the next 3 years.

Revenue vs Market: OKTA's revenue (9.4% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: OKTA's revenue (9.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OKTA's Return on Equity is forecast to be low in 3 years time (8.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:04
End of Day Share Price 2024/12/20 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 here.

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 .

Analyst Sources

Okta, Inc. is covered by 63 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