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Okta (GB:0KB7)
LSE:0KB7
Holding GB:0KB7?
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0KB7 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.31 - $114.40
Previous Close$78.05
Volume2.33K
Average Volume (3M)2.44K
Market Cap
$13.14B
Enterprise Value$12.00B
Total Cash (Recent Filing)$2.36B
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)―
Beta0.68
Next Earnings
Nov 27, 2024EPS Estimate
$0.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding169,862,056
10 Day Avg. Volume2,437
30 Day Avg. Volume2,437
Standard Deviation0.15
R-Squared0.00678
Alpha0.00616
Financial Highlights & Ratios
Price to Book (P/B)2.15
Price to Sales (P/S)5.36
Price to Cash Flow (P/CF)38.20
P/FCF Ratio42.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.89
Enterprise Value/Gross Profit7.13
Enterprise Value/Ebitda239.98
Forecast
1Y Price Target
$103.52Price Target Upside33.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
Okta News
Bulls Say, Bears Say
Bulls Say
Growth PotentialManagement expects customer identity to outgrow workforce identity, indicating potential for future growth.
Market LeadershipOKTA remains a clear leader in the critically important identity management market, and valuation is undemanding.
Profitability MilestoneOkta achieved GAAP profitability for the first time in company history.
Bears Say
Competitive PressureOKTA continues to face increasing competitive pressure from MSFT, execution has been choppy over the past few years, and there is a lack of confidence in a sustainable fundamental turnaround at this time.
Market PenetrationA more pronounced slowdown in market penetration is observed, with customers with ACV above $100k up 10% y/y but at about half the growth rate a year ago.
Revenue GrowthThe 3Q outlook implies a significant deceleration in revenue growth due to ongoing macro headwinds and a slowdown in hiring.
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Ownership Overview
0.49% Insiders
28.81% Mutual Funds
0.22% Other Institutional Investors
52.14% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Okta
Desktop Users
Mobile Users
0KB7 FAQ
What was Okta’s price range in the past 12 months?
Okta lowest share price was $65.31 and its highest was $114.40 in the past 12 months.
What is Okta’s market cap?
Currently, no data Available
When is Okta’s upcoming earnings report date?
Okta’s upcoming earnings report date is Nov 27, 2024 which is in 43 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on Aug 28, 2024. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.11.
Is Okta overvalued?
According to Wall Street analysts Okta’s price is currently Undervalued.
Does Okta pay dividends?
Okta does not currently pay dividends.
What is Okta’s EPS estimate?
Okta’s EPS estimate is $0.59.
How many shares outstanding does Okta have?
Okta has 162,413,970 shares outstanding.
What happened to Okta’s price movement after its last earnings report?
Okta reported an EPS of $0.72 in its last earnings report, beating expectations of $0.61. Following the earnings report the stock price went down -15.714%.
Which hedge fund is a major shareholder of Okta?
Among the largest hedge funds holding Okta’s share is Sands Capital Management LLC. It holds Okta’s shares valued at 825M.
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Okta Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$103.52 (33.16% Upside)
$103.52 (33.16% Upside)
Blogger Sentiment
Bullish
GB:0KB7 Sentiment 89%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.08%
12-Months-Change
Fundamentals
Return on Equity
-2.31%
Trailing 12-Months
Asset Growth
4.06%
Trailing 12-Months
Company Description
Okta
Okta, Inc. provides identity management services to enterprises. Its products include Single Sign-On, Adaptive Multi-Factor Authentication, Mobility Management, Lifecycle Management, Universal Directory, API access management, API products and integration network services.
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0KB7 Company Deck
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0KB7 Earnings Call
Q2 2024
0:00 / 0:00
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0KB7 Revenue Breakdown
78.79% U.S.
21.21% International
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0KB7 Stock 12 Month Forecast
Average Price Target
$103.52
▲(33.16% Upside)
Technical Analysis
Best Analysts Covering 0KB7
1 Year
1 Year Success Rate
8/13 ratings generated profit
1 Year Average Return
+14.19%
reiterated a buy rating 2 months ago
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