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Okta (OKTA)
NASDAQ:OKTA
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Okta (OKTA) Price & Analysis

8,917 Followers

OKTA Stock Chart & Stats

$130.61
$2.40(1.76%)
At close: 4:00 PM EDT
$130.61
$2.40(1.76%)

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. Get more investment ideas with TipRanks Premium
            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

                    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 (OKTA) Earnings & Revenues

                    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 summaries

                    OKTA Revenue Breakdown

                    78.79%78.79%21.21%
                    78.79% U.S.
                    21.21% International
                    tipranks

                    OKTA Stock 12 Month Forecast

                    Average Price Target

                    $216.97
                    ▲(66.12% Upside)
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42,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":73.97,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 49,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":79.145,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 42,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, 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                    Ownership Overview

                    0.15%28.71%1.97%39.56%
                    1.97% Other Institutional Investors
                    39.56% Public Companies and Individual Investors
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