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Okta (OKTA) Stock Price & Analysis

8,936 Followers

OKTA Stock Chart & Stats

$168.69-$2.47(-1.44%)
At close: 4:00 PM EST
$150$200Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$164.18 - $178.95
52-Week Range
$62.66 - $235.00
Previous Close
$171.16
Volume
N/A
Average Volume (3M)
4.49M
Market Cap
$29.92B
Enterprise Value
$23.13B
Total Cash (Recent Filing)
$2.30B
Total Debt (Recent Filing)
$53.00M
Price to Earnings (P/E)
99.8
Beta
1.21
Next Earnings
Dec 01, 2026 (Est.)
EPS Estimate
0.93
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Strong Cash Generation

Robust operating and free cash flow shows that Okta’s subscription model converts reported earnings into substantial liquidity. This supports product investment, acquisitions, buybacks, and resilience while reducing reliance on external financing for growth.

Profitability Turnaround

The move from sizable prior losses to positive net income, alongside expanding gross margin, indicates improving operating discipline and stronger software economics. If maintained, this profitability base can support durable cash generation and reinvestment.

Enterprise Expansion And Product Cross-sell

Growing large-enterprise adoption and meaningful ACV uplift when new products are included demonstrate expansion within existing accounts. This strengthens recurring revenue quality, increases switching costs, and creates a durable path for platform-wide cross-selling.

Bears Say

Decelerating Revenue Growth

Slower top-line expansion reduces confidence that Okta can sustain operating leverage at the same pace as its profitability improvement. Maturing growth can limit incremental margin gains and place greater importance on retention, upselling, and execution.

AI Monetization Remains Immature

Early customer traction has not yet translated into material financial contribution, so AI cannot currently offset slower core growth. The business must continue investing ahead of monetization, while the timing and scale of future revenue remain uncertain.

Competitive And Pricing Uncertainty

Fragmented positioning may lengthen enterprise buying decisions and make conversion less predictable. At the same time, changing agent pricing models create uncertainty around monetization and customer economics, potentially delaying durable revenue realization.

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 $29.92B.
When is Okta’s upcoming earnings report date?
Okta’s next earnings report is estimated for Dec 01, 2026 (not yet confirmed), which is in 24 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?
Hedge funds hold Okta shares: the largest hedge-fund position in Okta is 71,888,034 shares, and hedge funds decreased their holdings by 890.1K shares last quarter.
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