Okta (OKTA) Stock Price, News & Analysis

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$124.28 +5.02 (+4.21%)
Closing price 04:00 PM Eastern
Extended Trading
$124.32 +0.05 (+0.04%)
As of 07:59 PM Eastern
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About Okta Stock (NASDAQ:OKTA)

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Key Stats

Today's Range
$118.12
$124.86
50-Day Range
$72.01
$139.79
52-Week Range
$62.66
$142.35
Volume
4.71 million shs
Average Volume
4.74 million shs
Market Capitalization
$21.60 billion
P/E Ratio
90.06
Dividend Yield
N/A
Price Target
$115.97
Consensus Rating
Moderate Buy

Company Overview

Okta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
82nd Percentile Overall Score

OKTA MarketRank™: 

Okta scored higher than 82% of companies evaluated by MarketBeat, and ranked 214th out of 624 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Okta has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 strong buy rating, 28 buy ratings, 11 hold ratings, and 1 sell rating.

  • Downside Risk

    Okta has a consensus price target of $115.97, representing about 6.7% downside from its current price of $124.28.

  • Amount of Analyst Coverage

    Okta has been the subject of 29 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Okta's stock forecast and price target.
  • Earnings Growth

    Earnings for Okta are expected to grow by 25.14% in the coming year, from $1.75 to $2.19 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Okta is 90.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 45.92.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okta is 90.06, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 170.81.

  • Price to Earnings Growth Ratio

    Okta has a PEG Ratio of 4.29. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Okta has a P/B Ratio of 3.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Okta's valuation and earnings.
  • Percentage of Shares Shorted

    4.74% of the float of Okta has been sold short.
  • Short Interest Ratio / Days to Cover

    Okta has a short interest ratio ("days to cover") of 1.76, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okta has recently decreased by 2.37%, indicating that investor sentiment is improving.
  • Dividend Yield

    Okta does not currently pay a dividend.

  • Dividend Growth

    Okta does not have a long track record of dividend growth.

  • News Sentiment

    Okta has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 30 news articles for Okta this week, compared to 12 articles on an average week.
  • Search Interest

    48 people have searched for OKTA on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
  • MarketBeat Follows

    32 people have added Okta to their MarketBeat watchlist in the last 30 days. This is an increase of 146% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Okta insiders have sold 4,809.37% more of their company's stock than they have bought. Specifically, they have bought $267,412.00 in company stock and sold $13,128,242.00 in company stock.

  • Percentage Held by Insiders

    4.61% of the stock of Okta is held by insiders.

  • Percentage Held by Institutions

    86.64% of the stock of Okta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Okta's insider trading history.
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OKTA Stock News Headlines

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Larissa Schwartz Sells 2,463 Shares of Okta (NASDAQ:OKTA) Stock
Okta’s AI Moment May Be Bigger Than Investors Realize
Okta's Q1 release reveals AI disruption fears were overblown and demand remains strong—agentic AI drives accelerating need for ID security.
See More Headlines

OKTA Stock Analysis - Frequently Asked Questions

Okta's stock was trading at $86.47 at the start of the year. Since then, OKTA shares have increased by 43.7% and is now trading at $124.28.

Okta, Inc. (NASDAQ:OKTA) announced its earnings results on Thursday, May, 28th. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.06. Okta's revenue for the quarter was up 11.2% on a year-over-year basis.
Read the conference call transcript
.

Okta's board approved a stock buyback plan on Monday, January 5th 2026, which allows the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 6.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Okta subsidiaries include these companies: Azuqua, Workflow Automation, ScaleFT, Stormpath, SpydrSafe Mobile Security, Azuqua Inc., Okta Australia Pty Limited, and others.

Okta (OKTA) raised $176 million in an initial public offering on Friday, April 7th 2017. The company issued 11,000,000 shares at $15.00-$17.00 per share. Goldman, Sachs, J.P. Morgan Securities and Allen & Company served as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets), Canaccord Genuity and JMP Securities were co-managers.

Top institutional shareholders of Okta include First Trust Advisors LP (2.37%), Allspring Global Investments Holdings LLC (2.01%), Pictet Asset Management Holding SA (1.41%) and Swedbank AB (1.25%). Insiders that own company stock include Brett Tighe, Todd Mckinnon, Larissa Schwartz, Eric Robert Kelleher, Shellye L Archambeau, Jonathan James Addison, Shibu Ninan, David Schellhase and Jacques Frederic Kerrest.
View institutional ownership trends
.

Shares of OKTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Okta investors own include Digital Turbine (APPS), CrowdStrike (CRWD), SoFi Technologies (SOFI), Archer Aviation (ACHR) and ChargePoint (CHPT).

Company Calendar

Last Earnings
5/28/2026
Today
6/26/2026
Next Earnings (Estimated)
8/25/2026
Fiscal Year End
1/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OKTA
CIK
1660134
Fax
N/A
Employees
6,366
Year Founded
2009

Price Target and Rating

High Price Target
$150.00
Low Price Target
$60.00
Potential Upside/Downside
-6.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
41 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.38
Trailing P/E Ratio
90.06
Forward P/E Ratio
71.02
P/E Growth
4.29
Net Income
$235 million
Net Margins
8.24%
Pretax Margin
8.85%
Return on Equity
4.15%
Return on Assets
3.02%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.43
Quick Ratio
1.43

Sales & Book Value

Annual Sales
$2.92 billion
Price / Sales
7.40
Cash Flow
$3.19 per share
Price / Cash Flow
38.98
Book Value
$39.69 per share
Price / Book
3.13

Miscellaneous

Outstanding Shares
173,810,000
Free Float
165,794,000
Market Cap
$21.60 billion
Optionable
Optionable
Beta
0.80

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This page (NASDAQ:OKTA) was last updated on 6/26/2026 by MarketBeat.com Staff.
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