Okta Inc (OKTA)

Currency in USD
218.68
+0.39(+0.18%)
Closed·
218.78+0.11(+0.05%)
·
Trading near 52-week High
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Fair Value
Day's Range
216.68226.44
52 wk Range
62.66226.44
Key Statistics
Prev. Close
218.29
Open
222.38
Day's Range
216.68-226.44
52 wk Range
62.66-226.44
Volume
2.69M
Average Vol. (3m)
3.48M
1-Year Change
133.3582%
Book Value / Share
40.12
Fair Value
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Fair Value Upside
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OKTA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
212.25
Downside
-2.94%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet

Okta Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

34 Buy
10 Hold
0 Sell
Ratings:
44 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 212.25
(-2.94% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
TD Cowen
Hold200.00-8.54%-MaintainOct 02, 2026
Morgan Stanley
Buy245.00+12.04%200.00MaintainSep 29, 2026
Scotiabank
Buy245.00+12.04%190.00MaintainSep 28, 2026
Truist Securities
Buy235.00+7.46%-MaintainSep 28, 2026
Citizens
Buy225.00+2.89%180.00MaintainSep 28, 2026

Okta Inc SWOT Analysis


Financial Strength
Strong coverage ratio near 79% provides revenue visibility, while margins exceeding 26% demonstrate operational discipline amid competitive enterprise software dynamics
Market Positioning
The company maintains leadership in identity management as secular trends favor security consolidation, though single-digit growth raises questions about sustained premium valuations
Growth Trajectory
Revenue growth projected at 8-9% for fiscal year 2027, with analyst price targets ranging from $95 to $125 reflecting divergent views on acceleration potential
Capital Allocation
Okta unveils its first $1 billion share repurchase program, marking a strategic evolution toward balanced capital returns and shareholder value creation
Read full SWOT analysis

Okta Inc Earnings Call Summary for Q2/2027

  • Okta Q2 results beat estimates with adjusted EPS of $1.05 vs. $0.97 forecast and revenue of $805M vs. $793M; shares surged 19.4% after-hours.
  • Record non-Q4 bookings driven by new products at 30% of bookings; deals with new products showed 40% average ACV uplift; 600+ customers over $1M ACV.
  • Q3 guidance: 10% revenue growth, 11-12% cRPO growth; FY27: 10-11% revenue growth, 26% non-GAAP operating margin, 28-29% FCF margin projected.
  • AI security products gaining traction but not yet material to FY27 results; management expects potential impact in 2028 as adoption accelerates.
  • Company eliminated $350M convertible debt, repurchased $125M in shares; maintains $2.3B cash position with 77.44% gross margin reflecting pricing power.
Last Updated: 08/26/2026, 06:19 PM
Read Full Transcript
Okta investor slides for Q2/2027
Okta Q2 FY27 slides
Last Update: Aug 26, 2026
See full investor slides

Earnings

Latest Release
Aug 26, 2026
EPS / Forecast
1.05 / 0.97
Revenue / Forecast
805M / 793M
EPS Revisions
Last 90 days

OKTA Income Statement

Compare OKTA to Peers and Sector

Metrics to compare
OKTA
Peers
Sector
Relationship
P/E Ratio
128.9x305.0x12.0x
PEG Ratio
1.182.280.01
Price / Book
5.5x8.6x2.4x
Price / LTM Sales
12.4x9.4x2.3x
Upside (Analyst Target)
−2.7%2.9%31.4%
Fair Value Upside
Unlock3.8%4.6%Unlock

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Employees
6366

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
93.48M53.47%20.41B
Other Institutional Investors
72.49M41.47%15.82B
Public Companies & Retail Investors
8.85M5.06%1.93B
Total
174.82M100.00%38.16B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
FMR LLC10.79%18,866,4224,118,351
BlackRock, Inc.10.69%18,695,4654,081,033

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FAQ

What Is the Okta (OKTA) Stock Price Today?

The Okta stock price today is 218.68 USD.

What Stock Exchange Does Okta Trade On?

Okta is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Okta?

The stock symbol for Okta is "OKTA."

What Is the Okta Market Cap?

As of today, Okta market cap is 38.16B USD.

What Is Okta's Earnings Per Share (TTM)?

The Okta EPS (TTM) is 1.64.

When Is the Next Okta Earnings Date?

Okta will release its next earnings report on Dec 08, 2026.

From a Technical Analysis Perspective, Is OKTA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Okta Stock Split?

Okta has split 0 times.

How Many Employees Does Okta Have?

Okta has 6366 employees.

What is the current trading status of Okta (OKTA)?

As of Oct 06, 2026, Okta (OKTA) is trading at a price of 218.68 USD, with a previous close of 218.29 USD. The stock has fluctuated within a day range of 216.68 USD to 226.44 USD, while its 52-week range spans from 62.66 USD to 226.44 USD.

What Is Okta (OKTA) Price Target According to Analysts?

The average 12-month price target for Okta is 212.25 USD, with a high estimate of 250 USD and a low estimate of 127 USD. 34 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an -2.94% Downside potential.

What Is the OKTA Premarket Price?

OKTA's last pre-market stock price is 222.17 USD. The pre-market share volume is 60,470.00, and the stock has decreased by 3.88, or 1.78%.

What Is the OKTA After Hours Price?

OKTA's last after hours stock price is 218.78 USD, the stock has decreased by 0.11, or 0.05%.
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