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OKTA Stock Chart & Stats
$130.61
$2.40(1.76%)
At close: 4:00 PM EDT
$130.61
$2.40(1.76%)
Day’s Range― - ―
52-Week Range$62.66 - $235.00
Previous CloseN/A
Volume1.63M
Average Volume (3M)3.72M
Market Cap
$37.25B
Enterprise Value$23.13B
Total Cash (Recent Filing)$2.30B
Total Debt (Recent Filing)$53.00M
Price to Earnings (P/E)126.1
Beta1.09
Next Earnings
Dec 02, 2026EPS Estimate
0.93Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.69
Shares Outstanding167,139,760
10 Day Avg. Volume3,576,193
30 Day Avg. Volume3,722,733
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)2.12
Price to Sales (P/S)5.09
P/FCF Ratio17.22
Enterprise Value/Market Cap0.62
Enterprise Value/Revenue7.53
Enterprise Value/Gross Profit9.63
Enterprise Value/Ebitda56.15
Forecast
1Y Price Target
$216.97Price Target Upside66.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering34
EPS Forecast (FY)3.93
Revenue Forecast (FY)$3.22B
Bulls Say, Bears Say
Bulls Say
Cash GenerationOkta’s strong operating and free cash flow indicate that its improved earnings are converting into cash, supporting internal investment, debt-free flexibility, and shareholder returns. This provides durable funding capacity as the company expands its identity platform and product portfolio.
Enterprise ExpansionNew-product bookings and substantial ACV uplift show that Okta is successfully expanding within existing customer relationships rather than relying only on new-logo growth. Cross-selling identity governance and related modules can deepen account penetration and support recurring revenue durability.
Security Platform ExpansionFederal certifications broaden Okta’s addressable market and strengthen its credibility for sensitive workloads, including government and regulated industries. These authorizations, combined with AI-agent identity capabilities, can reinforce differentiation as organizations formalize zero-trust controls.
Bears Say
Revenue DecelerationThe sharp moderation in revenue growth weakens confidence that Okta’s recent profitability improvement can compound at the same pace. Slower expansion may reflect business maturation or tougher demand, limiting operating leverage and making sustained growth increasingly dependent on upselling.
Nascent AI MonetizationAI-agent traction has not yet translated into material revenue, so the strategic opportunity remains ahead of its financial contribution. Until usage and buying patterns mature, Okta must fund product development without meaningful near-term monetization from this potential growth engine.
Competitive Adoption RiskConfusion among competing AI and security offerings can lengthen enterprise decision cycles and make it harder for Okta to convert strong pipeline into recurring revenue. Persistent market fragmentation may raise selling complexity and delay adoption even where identity needs are clear.
Okta News
OKTA FAQ
What was Okta’s price range in the past 12 months?
Okta lowest stock price was $62.66 and its highest was $235.00 in the past 12 months.
What is Okta’s market cap?
Okta’s market cap is $37.25B.
When is Okta’s upcoming earnings report date?
Okta’s upcoming earnings report date is Dec 02, 2026 which is in 37 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on Aug 26, 2026. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.965 by $0.085.
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 0.93.
How many shares outstanding does Okta have?
Okta has 167,139,760 shares outstanding.
What happened to Okta’s price movement after its last earnings report?
Okta reported an EPS of $1.05 in its last earnings report, beating expectations of $0.965. Following the earnings report the stock price went up 28.634%.
Which hedge fund is a major shareholder of Okta?
Currently, no hedge funds are holding shares in OKTA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Okta Stock Smart Score
Outperform
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$216.97 (66.12% Upside)
$216.97 (66.12% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 548.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
140.59%
12-Months-Change
Fundamentals
Return on Equity
4.26%
Trailing 12-Months
Asset Growth
-4.31%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Okta
Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services. These include a Universal Directory, a cloud-based system designed to securely store and manage user, application, and device profiles; Single Sign-On (SSO), enabling seamless access to cloud-based or on-premises applications from multiple devices; and Adaptive Multi-Factor Authentication, which adds an extra layer of security for various applications and data. Further components encompass Lifecycle Management for overseeing a user's digital identity journey, API Access Management for securing interfaces, an Access Gateway to extend cloud capabilities to on-premises applications, and Advanced Server Access for safeguarding cloud infrastructure. Additionally, Okta incorporates Auth0's product portfolio. This includes Universal Login for consistent user authentication experiences across different apps and devices; Attack Protection, a suite of features to counter malicious online activity; Adaptive Multi-Factor Authentication, providing strong security with minimal user inconvenience; and Passwordless authentication, allowing users to log in through diverse methods without traditional passwords. Other Auth0 offerings are Machine to Machine (M2M) authentication and authorization built on industry standards; Private Cloud, for deploying dedicated Auth0 instances; and Organizations, providing independent configurations, login flows, and security settings for different groups. Okta further provides comprehensive customer assistance, educational programs, and specialized professional services. The company distributes its offerings directly via its sales teams and through a network of channel partners. Originally established as Saasure, Inc. in 2009, Okta, Inc. maintains its corporate headquarters in San Francisco, California.
OKTA Company Deck
OKTA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed broadly positive operational and financial momentum: record non-Q4 bookings, strong enterprise ACV growth, 30% of bookings from new products, and improving profitability and cash flow with healthy guidance. AI security and Okta for AI Agents are showing early customer traction, important partnerships, and strategic certifications (IL5, FedRAMP, HIPAA), but management emphasized AI monetization is still early and immaterial to FY '27 results. Short-term headwinds include a deliberate strategy to shift professional services to partners (about a 1-point revenue impact), ongoing market confusion among vendors, and evolving pricing/consumption models for agent workloads. On balance, positive operational execution, strong balance sheet and growing product breadth outweigh the early-stage uncertainties around AI revenue realization.View all OKTA earnings summariesOKTA Revenue Breakdown
78.79% U.S.
21.21% International

OKTA Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$216.97
▲(66.12% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.15% Insiders
28.71% Mutual Funds
1.97% Other Institutional Investors
39.56% Public Companies and Individual Investors













