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Okta NasdaqGS:OKTA Stock Report

Last Price

US$104.62

Market Cap

US$17.6b

7D

-0.1%

1Y

24.0%

Updated

28 Mar, 2024

Data

Company Financials +

Okta, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Okta
Historical stock prices
Current Share PriceUS$104.62
52 Week HighUS$114.50
52 Week LowUS$65.04
Beta1.0
1 Month Change20.38%
3 Month Change15.56%
1 Year Change24.05%
3 Year Change-54.45%
5 Year Change22.52%
Change since IPO345.00%

Recent News & Updates

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

Recent updates

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?

Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price

Dec 19
Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price

Is Okta, Inc. (NASDAQ:OKTA) Potentially Undervalued?

Nov 25
Is Okta, Inc. (NASDAQ:OKTA) Potentially Undervalued?

Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?

Sep 25
Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?

An Intrinsic Calculation For Okta, Inc. (NASDAQ:OKTA) Suggests It's 31% Undervalued

Sep 04
An Intrinsic Calculation For Okta, Inc. (NASDAQ:OKTA) Suggests It's 31% Undervalued

Is Now The Time To Look At Buying Okta, Inc. (NASDAQ:OKTA)?

Aug 14
Is Now The Time To Look At Buying Okta, Inc. (NASDAQ:OKTA)?

Okta, Inc.'s (NASDAQ:OKTA) P/S Still Appears To Be Reasonable

Jul 27
Okta, Inc.'s (NASDAQ:OKTA) P/S Still Appears To Be Reasonable

Is Okta (NASDAQ:OKTA) Using Debt Sensibly?

Jun 20
Is Okta (NASDAQ:OKTA) Using Debt Sensibly?

Calculating The Intrinsic Value Of Okta, Inc. (NASDAQ:OKTA)

May 06
Calculating The Intrinsic Value Of Okta, Inc. (NASDAQ:OKTA)

What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?

Apr 15
What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?

Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?

Feb 14
Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?

Estimating The Fair Value Of Okta, Inc. (NASDAQ:OKTA)

Dec 24
Estimating The Fair Value Of Okta, Inc. (NASDAQ:OKTA)

Okta: The Market Leader In Identity Management At A Bargain Valuation

Oct 03

OKTA Stock: 50% Undervalued, But Demand Headwinds Might Send The Stock Lower

Sep 20

Is Okta Stock A Buying Opportunity After Price Crashes Over 25%?

Sep 13

If You Like Okta, Better Like It With Options

Sep 01

Why Okta, (NASDAQ:OKTA) Twilio (NYSE:TWLO) and Akamai (NASDAQ:AKAM) May Fit Together in the Authentication Segment

Sep 01
Why Okta, (NASDAQ:OKTA) Twilio (NYSE:TWLO) and Akamai (NASDAQ:AKAM) May Fit Together in the Authentication Segment

Buy Okta Heading Into The Earnings Print: The Giant Will Awaken

Aug 26

Okta: A Winning Cybersecurity Opportunity

Aug 17

Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?

Jul 31
Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?

Okta: It's Good, But Not Good Enough

Jul 20

Okta: Finally Time To Go Long

Jul 11

SaaS Pair Trade: Buy Okta, Short Toast

Jun 30

Okta Stock: Large Risk, Large Return

Jun 09

Okta Jumps After Earnings: Time To Pounce

Jun 03

Okta: Better Sell Before Its Upcoming Earnings Release

May 24

Shareholder Returns

OKTAUS ITUS Market
7D-0.1%-0.5%0.2%
1Y24.0%31.5%28.1%

Return vs Industry: OKTA underperformed the US IT industry which returned 31.5% over the past year.

Return vs Market: OKTA underperformed the US Market which returned 28.1% over the past year.

Price Volatility

Is OKTA's price volatile compared to industry and market?
OKTA volatility
OKTA Average Weekly Movement8.0%
IT Industry Average Movement8.4%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: OKTA has not had significant price volatility in the past 3 months.

Volatility Over Time: OKTA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20095,908Todd McKinnonhttps://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

How do Okta's earnings and revenue compare to its market cap?
OKTA fundamental statistics
Market capUS$17.56b
Earnings (TTM)-US$355.00m
Revenue (TTM)US$2.26b

7.7x

P/S Ratio

-49.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OKTA income statement (TTM)
RevenueUS$2.26b
Cost of RevenueUS$581.00m
Gross ProfitUS$1.68b
Other ExpensesUS$2.04b
Earnings-US$355.00m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.12
Gross Margin74.33%
Net Profit Margin-15.69%
Debt/Equity Ratio19.6%

How did OKTA perform over the long term?

See historical performance and comparison
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