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Okta (GB:0KB7)
LSE:0KB7
Okta (0KB7) Share Price & Analysis
1 Followers
0KB7 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.31 - $114.40
Previous Close$94.73
Volume710.00
Average Volume (3M)4.08K
Market Cap
$15.80B
Enterprise Value$14.86B
Total Cash (Recent Filing)$2.20B
Total Debt (Recent Filing)$1.27B
Price to Earnings (P/E)N/A
Beta1.34
Next Earnings
May 30, 2024EPS Estimate
$0.54Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding167,397,163
10 Day Avg. Volume330
30 Day Avg. Volume4,077
Standard Deviation0.14
R-Squared0.06
Alpha0.07
Financial Highlights & Ratios
Price to Book (P/B)52.66
Price to Sales (P/S)69.27
Price to Cash Flow (P/CF)22.70
P/FCF Ratio23.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.57
Enterprise Value/Gross Profit8.84
Enterprise Value/Ebitda-107.69
Forecast
1Y Price Target
$115.41Price Target Upside23.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering34
Okta News
Bulls Say, Bears Say
Bulls Say
Company GrowthOkta added a record number of new logos in the cohort while growing 30% Y/Y, demonstrating the company's expanding customer base and market presence.
Financial HealthOkta's impressive financial performance, with strong large deal activity and a record number of $1M+ ARR deals, indicates robust revenue generation and customer commitment.
Operational EfficiencyWith a focus on upmarket movement and targeting larger enterprises, Okta's strategic shift could unveil new opportunities and drive further growth.
Bears Say
Market CompetitionOKTA continues to face increasing competitive pressure from MSFT, execution has been relatively choppy.
Product IssuesOkta has acknowledged that real or perceived errors or bugs in their products have harmed their business and results of operations.
Security ConcernsThe latest security incident adds uncertainty going forward.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.15% Other Institutional Investors
98.85% 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 May 30, 2024 which is in 34 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on Feb 28, 2024. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.509 by $0.121.
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 $0.54.
How many shares outstanding does Okta have?
Currently, no data Available
What happened to Okta’s price movement after its last earnings report?
Okta reported an EPS of $0.63 in its last earnings report, beating expectations of $0.509. Following the earnings report the stock price went up 19.648%.
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 757M.
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Okta Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$115.41 (23.83% Upside)
$115.41 (23.83% Upside)
Blogger Sentiment
Bullish
GB:0KB7 Sentiment 78%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.98%
12-Months-Change
Fundamentals
Return on Equity
-6.25%
Trailing 12-Months
Asset Growth
-3.42%
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
Q4 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 Months Forecast
Average Price Target
$115.41
▲(23.83% Upside)
Technical Analysis
Best Analysts Covering 0KB7
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+22.52%
reiterated a buy rating 2 months ago
Copying Shrenik Kothari's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +22.52% per trade.
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