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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 - $192.59
Previous CloseN/A
Volume1.63M
Average Volume (3M)3.67M
Market Cap
$33.22B
Enterprise Value$23.13K
Total Cash (Recent Filing)$2.30B
Total Debt (Recent Filing)$53.00M
Price to Earnings (P/E)107.9
Beta1.01
Next Earnings
Dec 02, 2026EPS Estimate
0.94Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.69
Shares Outstanding167,139,760
10 Day Avg. Volume3,321,691
30 Day Avg. Volume3,666,362
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
$186.73Price Target Upside42.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering34
EPS Forecast (FY)3.93
Revenue Forecast (FY)$3.22B
Bulls Say, Bears Say
Bulls Say
Profitability And MarginsThe shift from substantial prior losses to positive net income, alongside a gross margin near 78%, indicates materially stronger operating economics. Sustained profitability gives Okta greater capacity to fund product development, sales execution, and security innovation internally.
Cash Generation And Balance SheetStrong operating and free cash flow provide substantial internal funding for growth and capital returns, while minimal debt limits financial strain. This combination improves resilience, preserves strategic flexibility, and supports investment without relying heavily on external financing.
Enterprise Expansion And Product Cross-sellNew-product bookings and sizable ACV uplift demonstrate that Okta can expand relationships beyond its core identity offerings. Cross-selling more modules into existing customers can deepen platform adoption, improve retention economics, and support recurring revenue growth over time.
Bears Say
Decelerating Revenue GrowthThe sharp slowdown from earlier growth rates suggests Okta is moving through a more mature or challenging demand phase. Slower expansion can reduce operating leverage, limit the pace of market-share gains, and place greater importance on renewals and upselling.
AI Monetization Remains ImmatureEarly customer traction in AI products has not yet translated into material financial contribution, leaving the investment case dependent on future conversion and monetization. Until revenue scales, AI spending may broaden the opportunity without meaningfully offsetting slower core growth.
Partner Shift Creates Revenue HeadwindThe move toward GSI partners may improve implementation scalability, but it reduces reported professional-services revenue and creates a measurable near-term drag on growth. Okta must therefore convert the broader partner strategy into stronger subscription adoption to offset that impact.
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 $192.59 in the past 12 months.
What is Okta’s market cap?
Okta’s market cap is $33.22B.
When is Okta’s upcoming earnings report date?
Okta’s upcoming earnings report date is Dec 02, 2026 which is in 74 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 0.94.
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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$186.73 (42.97% Upside)
$186.73 (42.97% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 78%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 548.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 12.6%
Last 30 Days ▲ 12.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.83%
12-Months-Change
Fundamentals
Return on Equity
―
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
Average Price Target
$186.73
▲(42.97% Upside)
Technical Analysis
Ownership Overview
0.18% Insiders
28.71% Mutual Funds
13.34% Other Institutional Investors
28.56% Public Companies and Individual Investors