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Okta Inc (OKTA)

NASDAQ
Currency in USD
Disclaimer
77.34
-0.59(-0.76%)
Closed
Pre Market
77.70+0.36(+0.47%)
OKTA Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
77.1378.58
52 wk Range
65.04114.50
Prev. Close
77.34
Open
77.87
Day's Range
77.13-78.58
52 wk Range
65.04-114.5
Volume
1,960,728
Average Volume (3m)
2,061,328
1-Year Change
-6.91%
Book Value / Share
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Fair Value
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Fair Value Upside
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OKTA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
105.26
Upside
+36.10%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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InvestingPro Research for Okta Inc


Identity Innovato
Okta leads in Workforce and Customer IAM, expanding into IGA and PAM markets while balancing growth and profitability in a competitive landscape
Financial Resilience
Strong Q2 results with $646M revenue, surpassing expectations. Full-year guidance raised, projecting improved profitability and cash flow generation
Market Challenges
Navigate Okta's strategy amid macroeconomic headwinds, SMB softness, and new logo growth hurdles. Analyst price targets range from $75 to $125
Strategic Expansion
Explore Okta's comprehensive identity platform vision, Auth0 integration efforts, and potential for upsell within its Global 2000 customer base

Okta Inc Company Profile

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. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Employees
5908

Compare OKTA to Peers and Sector

Metrics to compare
OKTA
Peers
Sector
Relationship
P/E Ratio
−96.6x−5.6x11.3x
PEG Ratio
−1.24−0.010.01
Price/Book
2.1x7.5x2.4x
Price / LTM Sales
5.4x6.2x2.1x
Upside (Analyst Target)
35.8%5.7%22.8%
Fair Value Upside
Unlock5.6%5.5%Unlock

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FAQ

What Is the Okta (OKTA) Stock Price Today?

The Okta stock price today is 77.34

What Stock Exchange Does Okta Trade On?

Okta is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Okta?

The stock symbol for Okta is "OKTA."

What Is the Okta Market Cap?

As of today, Okta market cap is 13.14B.

What is Okta Earnings Per Share?

The Okta EPS is -0.816.

What Is the Next Okta Earnings Date?

Okta will release its next earnings report on Nov 27, 2024.
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