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Okta (OKTA)
NASDAQ:OKTA
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OKTA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$70.56 - $114.50
Previous Close$81.99
Volume4.09M
Average Volume (3M)2.72M
Market Cap
$14.05B
Enterprise Value$12.76B
Total Cash (Recent Filing)$2.25B
Total Debt (Recent Filing)$960.00M
Price to Earnings (P/E)―
Beta1.58
Next Earnings
Feb 26, 2025EPS Estimate
$0.73Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding171,354,863
10 Day Avg. Volume6,162,498
30 Day Avg. Volume2,719,830
Standard Deviation0.15
R-Squared0.12
Alpha-0.00929
Financial Highlights & Ratios
Price to Book (P/B)2.24
Price to Sales (P/S)5.55
Price to Cash Flow (P/CF)22.10
P/FCF Ratio22.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.04
Enterprise Value/Gross Profit7.59
Enterprise Value/Ebitda83.41
Forecast
1Y Price Target
$102.04Price Target Upside20.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Okta News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOkta delivered much better than expected results and guided future performance above expectations, showcasing a strong financial recovery.
Market PositionOkta remains a clear leader in the critically important identity management market, and valuation is undemanding.
Product And Demand GrowthOkta is gaining traction in new product categories and experiencing better momentum in securing large deals, indicating growth potential.
Bears Say
Competitive PressureOkta continues to face increasing competitive pressure from Microsoft, which could lead to further market share loss and challenges in maintaining its position.
Customer AcquisitionNet new customer numbers are currently less than half of the quarterly additions from a year ago, indicating significant challenges in attracting new clients and expanding the customer base.
Revenue GrowthManagement's preliminary FY26 revenue growth guidance of 7% is significantly below consensus expectations of around 10%, suggesting potential struggles in meeting market forecasts.
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Ownership Overview
0.48% Insiders
29.11% Mutual Funds
24.66% Other Institutional Investors
27.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Okta
Desktop Users
Mobile Users
OKTA FAQ
What was Okta’s price range in the past 12 months?
Okta lowest stock price was $70.56 and its highest was $114.50 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 Feb 26, 2025 which is in 66 days.
How were Okta’s earnings last quarter?
Okta released its earnings results on Dec 03, 2024. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.585 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 $0.73.
How many shares outstanding does Okta have?
Okta has 163,604,690 shares outstanding.
What happened to Okta’s price movement after its last earnings report?
Okta reported an EPS of $0.67 in its last earnings report, beating expectations of $0.585. Following the earnings report the stock price went up 5.385%.
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 641M.
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Okta Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$102.04 (20.39% Upside)
$102.04 (20.39% Upside)
Blogger Sentiment
Bullish
OKTA Sentiment 89%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 771.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 3.4%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.25%
12-Months-Change
Fundamentals
Return on Equity
-0.65%
Trailing 12-Months
Asset Growth
3.09%
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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OKTA Company Deck
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OKTA Earnings Call
Q3 2024
0:00 / 0:00
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OKTA Revenue Breakdown
78.79% U.S.
21.21% International
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OKTA Stock 12 Month Forecast
Average Price Target
$102.04
▲(20.39% Upside)
Technical Analysis
Best Analysts Covering OKTA
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+15.18%
reiterated a buy rating 4 months ago
Copying Shebly Seyrafi's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +15.18% per trade.
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