OKTA Stock Overview
Operates as an identity partner in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Okta, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$76.42 |
| 52 Week High | US$114.50 |
| 52 Week Low | US$67.13 |
| Beta | 1.01 |
| 11 Month Change | 5.55% |
| 3 Month Change | -2.93% |
| 1 Year Change | 3.79% |
| 33 Year Change | -64.39% |
| 5 Year Change | -35.41% |
| Change since IPO | 225.05% |
Recent News & Updates
Okta: The Underdog's Advantage
Nov 07Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Nov 02
Recent updates
Okta: The Underdog's Advantage
Nov 07Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Nov 02Okta, Inc.'s (NASDAQ:OKTA) Shares May Have Run Too Fast Too Soon
Oct 04Okta: Bargain Stock With A Path To Recovery (Rating Upgrade)
Sep 30Okta Earnings: Game Over, Time To Log Out (Downgrade)
Aug 29Okta: Low Debt And High Margins In A Growing Tech Industry
Aug 22Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?
Jul 30Okta: With Guidance Boost, I'm Diving Back In
Jul 30Okta: Why I'm Initiating With A Buy
Jul 12What Does Okta, Inc.'s (NASDAQ:OKTA) Share Price Indicate?
Jul 12Okta: The Turnaround Is Underway (Ratings Upgrade)
Jul 01Okta: Navigating Volatility For Sustainable Growth, Buy
May 31Okta Is Priced For More Growth Than What The Firm Has To Offer (Earnings Preview)
May 24Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?
May 21Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: 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 24Shareholder Returns
| OKTA | US IT | US Market | |
|---|---|---|---|
| 7D | -0.2% | 1.6% | 0.5% |
| 1Y | 3.8% | 18.5% | 30.7% |
Return vs Industry: OKTA underperformed the US IT industry which returned 18.5% over the past year.
Return vs Market: OKTA underperformed the US Market which returned 30.7% over the past year.
Price Volatility
| OKTA volatility | |
|---|---|
| OKTA Average Weekly Movement | 3.7% |
| IT Industry Average Movement | 8.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: OKTA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: OKTA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 5,938 | Todd McKinnon | www.okta.com |
Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta’s suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows.
Okta, Inc. Fundamentals Summary
| OKTA fundamental statistics | |
|---|---|
| Market cap | US$12.98b |
| Earnings (TTM) | -US$136.00m |
| Revenue (TTM) | US$2.45b |
5.3x
P/S Ratio-95.4x
P/E RatioIs OKTA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKTA income statement (TTM) | |
|---|---|
| Revenue | US$2.45b |
| Cost of Revenue | US$593.00m |
| Gross Profit | US$1.86b |
| Other Expenses | US$2.00b |
| Earnings | -US$136.00m |
Last Reported Earnings
Jul 31, 2024
Next Earnings Date
Dec 03, 2024
| Earnings per share (EPS) | -0.80 |
| Gross Margin | 75.82% |
| Net Profit Margin | -5.55% |
| Debt/Equity Ratio | 18.1% |
How did OKTA perform over the long term?
See historical performance and comparison