Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Okta (GB:0KB7)
LSE:0KB7
Holding GB:0KB7?
Track your performance easily
0KB7 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.31 - $114.40
Previous Close$78.92
Volume10.05K
Average Volume (3M)2.14K
Market Cap
$13.38B
Enterprise Value$12.24B
Total Cash (Recent Filing)$2.36B
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)―
Beta0.86
Next Earnings
Nov 27, 2024EPS Estimate
$0.58Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding169,862,056
10 Day Avg. Volume3,702
30 Day Avg. Volume2,141
Standard Deviation0.15
R-Squared0.00624
Alpha0.00525
Financial Highlights & Ratios
Price to Book (P/B)41.67
Price to Sales (P/S)5.66
Price to Cash Flow (P/CF)15.30
P/FCF Ratio15.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.99
Enterprise Value/Gross Profit7.28
Enterprise Value/Ebitda244.78
Forecast
1Y Price Target
$104.48Price Target Upside32.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
Okta News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company raised FY25 guidance across the board, exceeding consensus modestly on the top line and moderately on the bottom line.
Market PositionOkta is seen as a long-term beneficiary of Zero Trust adoption given its positioning as a next-gen leader and consolidator in a large $80B TAM for Identity Security.
ProfitabilityOkta achieved GAAP profitability, a first in the company’s history.
Bears Say
Growth PressureMeaningful exposure to SMB with seat-based models and a challenging macro environment are pressuring growth with meaningful revenue deceleration anticipated.
GuidanceThe stock sold off on below-expected 3Q CRPO guidance for 9% growth.
Market PenetrationA more pronounced slowdown in market penetration is observed, with customers with ACV above $100k up 10% y/y but at about half the growth rate a year ago.
---
Ownership Overview
3.78% Insiders
31.93% Mutual Funds
42.43% Other Institutional Investors
21.86% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Okta
Desktop Users
Mobile Users
0KB7 FAQ
What was Okta’s price range in the past 12 months?
Okta lowest share price was $65.31 and its highest was $114.40 in the past 12 months.
What is Okta’s market cap?
Currently, no data Available
When is Okta’s upcoming earnings report date?
Okta’s upcoming earnings report date is Nov 27, 2024 which is in 87 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on Aug 28, 2024. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.11.
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 $0.58.
How many shares outstanding does Okta have?
Okta has 160,950,260 shares outstanding.
What happened to Okta’s price movement after its last earnings report?
Okta reported an EPS of $0.72 in its last earnings report, beating expectations of $0.61. Following the earnings report the stock price went down -15.714%.
Which hedge fund is a major shareholder of Okta?
Among the largest hedge funds holding Okta’s share is Sands Capital Management LLC. It holds Okta’s shares valued at 825M.
---
Okta Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$104.48 (32.39% Upside)
$104.48 (32.39% Upside)
Blogger Sentiment
Bullish
GB:0KB7 Sentiment 87%
Sector Average 66%
Sector Average 66%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.01%
12-Months-Change
Fundamentals
Return on Equity
-2.31%
Trailing 12-Months
Asset Growth
4.06%
Trailing 12-Months
Company Description
Okta
Okta, Inc. provides identity management services to enterprises. Its products include Single Sign-On, Adaptive Multi-Factor Authentication, Mobility Management, Lifecycle Management, Universal Directory, API access management, API products and integration network services.
---
0KB7 Company Deck
---
0KB7 Earnings Call
Q2 2024
0:00 / 0:00
---
0KB7 Revenue Breakdown
78.79% U.S.
21.21% International
---
0KB7 Stock 12 Month Forecast
Average Price Target
$104.48
▲(32.39% Upside)
Technical Analysis
Best Analysts Covering 0KB7
1 Year
1 Year Success Rate
8/13 ratings generated profit
1 Year Average Return
+14.56%
reiterated a buy rating 3 days ago
Copying Shebly Seyrafi's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +14.56% per trade.
---