Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
AI Security Pionee | Explore Okta's strategic positioning in the AI and machine identity security market, leveraging its expertise to capture emerging opportunities |
Financial Resilience | Delve into Okta's robust financial performance, with strong free cash flow margins and upward-revised revenue guidance for fiscal year 2026 |
Market Expansion | Learn about Okta's growth in Identity Governance and Administration, contributing $100 million in annual contract value and expanding market reach |
Analyst Optimism | Discover varied analyst perspectives, with price targets ranging from $100 to $140, reflecting confidence in Okta's long-term growth potential |
Metrics to compare | OKTA | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipOKTAPeersSector | |
|---|---|---|---|---|
P/E Ratio | 60.8x | 32.3x | 12.0x | |
PEG Ratio | 0.03 | −0.46 | 0.01 | |
Price/Book | 2.0x | 4.9x | 2.4x | |
Price / LTM Sales | 4.9x | 4.7x | 2.3x | |
Upside (Analyst Target) | 25.5% | 35.8% | 28.3% | |
Fair Value Upside | Unlock | 32.5% | 8.0% | Unlock |