Okta Future Growth
Future criteria checks 1/6
Okta is forecast to grow earnings and revenue by 47% and 11.2% per annum respectively. EPS is expected to grow by 45.4% per annum. Return on equity is forecast to be 8.8% in 3 years.
Key information
47.0%
Earnings growth rate
45.4%
EPS growth rate
| IT earnings growth | 17.0% |
| Revenue growth rate | 11.2% |
| Future return on equity | 8.8% |
| Analyst coverage | Good |
| Last updated | 02 May 2024 |
Recent future growth updates
Recent updates
Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14
Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Okta: Time To Take Chips Off The Table (Rating Downgrade)
Mar 22Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge
Feb 29Okta: Zero-Trust Security Providing Further Upside Potential
Feb 20Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?
Feb 11Okta: Hold Until Management Provides Clearer Guidance
Feb 04Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price
Dec 19Is 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 24Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2027 | 3,278 | -5 | 804 | 965 | 11 |
| 1/31/2026 | 2,837 | -266 | 636 | 670 | 40 |
| 1/31/2025 | 2,508 | -282 | 526 | 554 | 40 |
| 1/31/2024 | 2,263 | -355 | 488 | 512 | N/A |
| 10/31/2023 | 2,168 | -464 | 394 | 414 | N/A |
| 7/31/2023 | 2,065 | -592 | 251 | 268 | N/A |
| 4/30/2023 | 1,961 | -691 | 177 | 196 | N/A |
| 1/31/2023 | 1,858 | -815 | 63 | 86 | N/A |
| 10/31/2022 | 1,731 | -903 | -4 | 23 | N/A |
| 7/31/2022 | 1,600 | -915 | 23 | 51 | N/A |
| 4/30/2022 | 1,464 | -982 | 44 | 67 | N/A |
| 1/31/2022 | 1,300 | -848 | 87 | 104 | N/A |
| 10/31/2021 | 1,152 | -683 | 115 | 125 | N/A |
| 7/31/2021 | 1,019 | -534 | 123 | 132 | N/A |
| 4/30/2021 | 904 | -318 | 134 | 145 | N/A |
| 1/31/2021 | 835 | -266 | 111 | 128 | N/A |
| 10/31/2020 | 768 | -241 | 96 | 118 | N/A |
| 7/31/2020 | 704 | -232 | 64 | 85 | N/A |
| 4/30/2020 | 644 | -215 | 44 | 73 | N/A |
| 1/31/2020 | 586 | -209 | 28 | 56 | N/A |
| 10/31/2019 | 534 | -189 | 14 | 41 | N/A |
| 7/31/2019 | 487 | -155 | 6 | 37 | N/A |
| 4/30/2019 | 441 | -152 | 7 | 32 | N/A |
| 1/31/2019 | 399 | -125 | -7 | 15 | N/A |
| 10/31/2018 | 361 | -118 | -14 | 5 | N/A |
| 7/31/2018 | 322 | -121 | -26 | -11 | N/A |
| 4/30/2018 | 288 | -108 | -25 | -12 | N/A |
| 1/31/2018 | 257 | -110 | -37 | -25 | N/A |
| 10/31/2017 | 228 | -105 | N/A | -32 | N/A |
| 7/31/2017 | 204 | -94 | N/A | -31 | N/A |
| 4/30/2017 | 181 | -88 | N/A | -37 | N/A |
| 1/31/2017 | 161 | -75 | N/A | -42 | N/A |
| 10/31/2016 | 139 | -87 | N/A | -44 | N/A |
| 1/31/2016 | 86 | -76 | N/A | -42 | N/A |
| 1/31/2015 | 41 | -59 | N/A | -33 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OKTA is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: OKTA is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: OKTA is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: OKTA's revenue (11.2% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: OKTA's revenue (11.2% 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 (8.8%).