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OKTA Stock Chart & Stats
$72.25
-$0.45(-0.53%)
At close: 4:00 PM EST
$72.25
-$0.45(-0.53%)
Day’s Range― - ―
52-Week Range$62.66 - $157.00
Previous CloseN/A
Volume569.93K
Average Volume (3M)3.28M
Market Cap
$25.96B
Enterprise Value$10.91K
Total Cash (Recent Filing)$2.59B
Total Debt (Recent Filing)$411.00M
Price to Earnings (P/E)106.7
Beta1.04
Next Earnings
Sep 02, 2026EPS Estimate
0.97Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.40
Shares Outstanding166,119,890
10 Day Avg. Volume3,068,425
30 Day Avg. Volume3,276,788
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)2.12
Price to Sales (P/S)5.09
P/FCF Ratio16.42
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$127.12Price Target Upside75.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering34
EPS Forecast (FY)3.85
Revenue Forecast (FY)$3.20B
Bulls Say, Bears Say
Bulls Say
High Gross Margins & Profitability InflectionOkta’s sustained ~77% gross margin and a return to operating profit provide durable economics typical of a scalable SaaS platform. Strong gross margins support reinvestment in product, fund go-to-market expansion, and improve free cash flow generation, underpinning multi‑period profitability resilience.
Strong Balance Sheet And Capital FlexibilityAbout $2.6B of cash and low leverage give Okta flexibility to navigate investments, settle liabilities, or return capital. This liquidity buffer supports execution on product rollouts and M&A, smooths near‑term settlements, and lowers refinancing risk, strengthening medium‑term financial resilience.
Enterprise Traction And Improving RetentionNet retention ~107% and an increasing large‑customer mix (about 85% of ACV) signal durable enterprise adoption and expansion potential. Higher ACV, upsell from new products, and larger land deals translate into more predictable recurring revenue and stronger long‑term customer lifetime value.
Bears Say
AI Products Remain Early-stage And Not Yet MaterialWhile AI agent bookings drive larger deals and pipeline, the business acknowledged these offerings are early and not yet meaningful to revenue. That delays scalable monetization, so anticipated AI-driven growth and margin benefits could take multiple quarters to materialize, increasing execution risk.
Rising AI Inference Costs And Pricing UncertaintyEscalating inference/tooling costs and unclear agent pricing models create structural margin pressure as AI usage scales. If Okta must absorb higher costs or cannot reliably monetize agent usage, margin sustainability and free cash flow conversion could be impaired over the medium term.
Near‑term Cash Outflow From Convertible Note SettlementA ~$350M cash settlement of maturing convertible notes is a concrete near‑term capital drain. Even with strong cash, this reduces available liquidity for buybacks, reinvestment, or acquisitions and temporarily compresses free cash flow metrics, creating execution sensitivity across the next several quarters.
Okta News
OKTA FAQ
What was Okta, Inc.’s price range in the past 12 months?
Okta, Inc. lowest stock price was $62.66 and its highest was $157.00 in the past 12 months.
What is Okta, Inc.’s market cap?
Okta, Inc.’s market cap is $25.96B.
When is Okta, Inc.’s upcoming earnings report date?
Okta, Inc.’s upcoming earnings report date is Sep 02, 2026 which is in 44 days.
How were Okta, Inc.’s earnings last quarter?
Okta, Inc. released its earnings results on May 28, 2026. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.853 by $0.057.
Is Okta, Inc. overvalued?
According to Wall Street analysts Okta, Inc.’s price is currently Undervalued.
Does Okta, Inc. pay dividends?
Okta, Inc. does not currently pay dividends.
What is Okta, Inc.’s EPS estimate?
Okta, Inc.’s EPS estimate is 0.97.
How many shares outstanding does Okta, Inc. have?
Okta, Inc. has 166,119,890 shares outstanding.
What happened to Okta, Inc.’s price movement after its last earnings report?
Okta, Inc. reported an EPS of $0.91 in its last earnings report, beating expectations of $0.853. Following the earnings report the stock price went up 30.141%.
Which hedge fund is a major shareholder of Okta, Inc.?
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
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Analyst Consensus
Strong Buy
Average Price Target:
$127.12 (75.95% Upside)
$127.12 (75.95% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 174.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.16%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-0.19%
Trailing 12-Months
Company Description
Okta, Inc.
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 Revenue Breakdown
78.79% U.S.
21.21% International
OKTA Stock 12 Month Forecast
Average Price Target
$127.12
▲(75.95% Upside)
Technical Analysis
Ownership Overview
0.19% Insiders
28.89% Mutual Funds
0.99% Other Institutional Investors
41.55% Public Companies and Individual Investors