OKTA Stock Overview
Operates as an identity partner 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$87.54 |
| 52 Week High | US$114.50 |
| 52 Week Low | US$65.04 |
| Beta | 1.03 |
| 1 Month Change | -14.98% |
| 3 Month Change | -17.02% |
| 1 Year Change | 19.35% |
| 3 Year Change | -63.73% |
| 5 Year Change | -27.65% |
| Change since IPO | 272.35% |
Recent News & Updates
Recent updates
Okta: 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 21
Okta: 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 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 11Shareholder Returns
| OKTA | US IT | US Market | |
|---|---|---|---|
| 7D | -1.8% | -0.7% | 1.6% |
| 1Y | 19.3% | -1.6% | 22.3% |
Return vs Industry: OKTA exceeded the US IT industry which returned -1.6% over the past year.
Return vs Market: OKTA underperformed the US Market which returned 22.3% over the past year.
Price Volatility
| OKTA volatility | |
|---|---|
| OKTA Average Weekly Movement | 3.7% |
| IT Industry Average Movement | 8.3% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: OKTA's share price has been volatile over the past 3 months.
Volatility Over Time: OKTA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 5,908 | 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$15.10b |
| Earnings (TTM) | -US$276.00m |
| Revenue (TTM) | US$2.36b |
6.2x
P/S Ratio-53.4x
P/E RatioIs OKTA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKTA income statement (TTM) | |
|---|---|
| Revenue | US$2.36b |
| Cost of Revenue | US$587.00m |
| Gross Profit | US$1.78b |
| Other Expenses | US$2.05b |
| Earnings | -US$276.00m |
Last Reported Earnings
Apr 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.64 |
| Gross Margin | 75.15% |
| Net Profit Margin | -11.69% |
| Debt/Equity Ratio | 19.4% |
How did OKTA perform over the long term?
See historical performance and comparison