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Okta (DE:0OK)
FRANKFURT:0OK
Okta (0OK) Stock Price & Analysis
3 Followers
0OK Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€60.70 - €104.30
Previous Close€85.54
Volume18.00
Average Volume (3M)84.00
Market Cap
€14.39B
Enterprise Value€13.42B
Total Cash (Recent Filing)$2.32B
Total Debt (Recent Filing)$1.26B
Price to Earnings (P/E)―
Beta0.60
Next Earnings
Aug 28, 2024EPS Estimate
€0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding168,226,352
10 Day Avg. Volume14
30 Day Avg. Volume84
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)48.74
Price to Sales (P/S)21.39
Price to Cash Flow (P/CF)21.00
P/FCF Ratio21.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.68
Enterprise Value/Gross Profit7.98
Enterprise Value/Ebitda-186.35
Forecast
1Y Price Target
€105.25Price Target Upside23.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
Okta News
PremiumCompany Announcements
Okta Announces Board Expansion and Corporate Governance Updates
Bulls Say, Bears Say
Bulls Say
Customer EngagementOver 55% of customers are looking to purchase 4+ additional products in FY25, over 50% deploy both Workforce and Customer identity solutions, and over 90% are interested in expanding into IGA and PAM.
Financial PerformanceOkta reported solid Q1 results ahead of both analyst and consensus expectations.
Public Sector GrowthThe public sector shined, led by their largest-ever deal, showcasing significant potential.
Bears Say
Competitive PressureOKTA faces increasing competitive pressure from MSFT, net new business continues to be weak, and uncertainty still exists with regard to last year's security incident.
Customer ConfidenceOnly 3 out of 15 resellers said Okta has regained customer confidence following the breach.
Growth GuidanceGuidance implies a cautious outlook with just 12% Y/Y revenue growth, despite a growing pipeline.
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Ownership Overview
3.79% Insiders
30.89% Mutual Funds
19.42% Other Institutional Investors
45.90% 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
0OK FAQ
What was Okta’s price range in the past 12 months?
Okta lowest stock price was €60.70 and its highest was €104.30 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 Aug 28, 2024 which is in 34 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on May 29, 2024. The company reported €0.597 earnings per share for the quarter, beating the consensus estimate of €0.499 by €0.098.
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 €0.56.
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 €0.597 in its last earnings report, beating expectations of €0.499. Following the earnings report the stock price went down -6.976%.
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 946M.
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Okta Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€105.25 (23.04% Upside)
€105.25 (23.04% Upside)
Blogger Sentiment
Bullish
DE:0OK Sentiment 84%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.47%
12-Months-Change
Fundamentals
Return on Equity
-4.81%
Trailing 12-Months
Asset Growth
0.62%
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.
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0OK Company Deck
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0OK Earnings Call
Q1 2024
0:00 / 0:00
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0OK Revenue Breakdown
78.79% U.S.
21.21% International
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0OK Stock 12 Month Forecast
Average Price Target
€105.25
▲(23.04% Upside)
Technical Analysis
Best Analysts Covering 0OK
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+20.32%
assigned a buy rating 2 months ago
Copying Shrenik Kothari's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +20.32% per trade.
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