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Okta (OKTA) Stock Price, News & Analysis

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$93.35 -1.06 (-1.12%)
As of 12:29 PM Eastern
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About Okta Stock (NASDAQ:OKTA)

Key Stats

Today's Range
$92.65
$94.61
50-Day Range
$94.41
$127.30
52-Week Range
$70.56
$127.57
Volume
1.17 million shs
Average Volume
3.10 million shs
Market Capitalization
$16.34 billion
P/E Ratio
148.28
Dividend Yield
N/A
Price Target
$119.44
Consensus Rating
Hold

Company Overview

Okta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
96th Percentile Overall Score

OKTA MarketRank™: 

Okta scored higher than 96% of companies evaluated by MarketBeat, and ranked 82nd out of 657 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 Hold. The company's average rating score is 2.46, and is based on 20 buy ratings, 14 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    Okta has been the subject of 25 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 47.62% in the coming year, from $0.42 to $0.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Okta is 149.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okta is 149.86, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.21.

  • Price to Earnings Growth Ratio

    Okta has a PEG Ratio of 4.80. 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 2.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

    4.23% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okta has recently increased by 9.23%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Okta does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    4.23% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okta has recently increased by 9.23%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Okta has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 23 news articles for Okta this week, compared to 22 articles on an average week.
  • Search Interest

    Only 91 people have searched for OKTA on MarketBeat in the last 30 days. This is a decrease of -1% compared to the previous 30 days.
  • MarketBeat Follows

    Only 17 people have added Okta to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Okta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,100,347.00 in company stock.

  • Percentage Held by Insiders

    Only 5.68% 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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Cybersecurity Confidence: 3 of the Market's Most Upgraded Stocks (OKTA)
Cybersecurity stocks have been some of the best performers in 2025. Analysts continue to see upside ahead, upgrading these names like it's going out of style.
BofA: Is this the next SpaceX?
Everyone is focusing on AI stocks... Yet little-known "space stocks" are rocketing to record highs with gains of 588% - 3,710%! One new space stock that I call "the next SpaceX" is preparing to IPO on the NASDAQ. Right now, you can grab Pre-IPO shares for less than $4.00. And my estimates suggest the valuation could soar 457% with the IPO. Get urgent details inside this free report...
Analysts Set Okta, Inc. (NASDAQ:OKTA) Price Target at $119.44
See More Headlines

OKTA Stock Analysis - Frequently Asked Questions

Okta's stock was trading at $78.80 at the start of the year. Since then, OKTA shares have increased by 19.8% and is now trading at $94.41.

Okta, Inc. (NASDAQ:OKTA) released its quarterly earnings data on Tuesday, May, 27th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.77 by $0.09. The business's revenue for the quarter was up 11.5% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of Okta: Azuqua, Workflow Automation, ScaleFT, Stormpath, SpydrSafe Mobile Security, Azuqua Inc., Okta Australia Pty Limited, and more.

Okta (OKTA) raised $154 million in an initial public offering (IPO) on Friday, April 7th 2017. The company issued 11,000,000 shares at a price of $13.00-$15.00 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 investors of Okta include Swedbank AB (0.28%), Mn Services Vermogensbeheer B.V. (0.04%), Selective Wealth Management Inc. (0.02%) and IFM Investors Pty Ltd (0.02%). Insiders that own company stock include Brett Tighe, Jonathan T Runyan, Ledger Susan St, Larissa Schwartz, Jonathan James Addison, Eric Robert Kelleher, Shellye L Archambeau, Shibu Ninan, Robert L Dixon Jr, Jacques Frederic Kerrest and Todd Mckinnon.
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
5/27/2025
Today
7/11/2025
Next Earnings (Estimated)
8/27/2025
Fiscal Year End
1/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OKTA
CIK
1660134
Fax
N/A
Employees
5,914
Year Founded
2009

Price Target and Rating

High Price Target
$140.00
Low Price Target
$75.00
Potential Upside/Downside
+26.5%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
37 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.63
Trailing P/E Ratio
149.86
Forward P/E Ratio
224.79
P/E Growth
4.8
Net Income
$28 million
Net Margins
4.85%
Pretax Margin
5.07%
Return on Equity
2.79%
Return on Assets
1.92%

Debt

Debt-to-Equity Ratio
0.05
Current Ratio
1.47
Quick Ratio
1.47

Sales & Book Value

Annual Sales
$2.61 billion
Price / Sales
6.33
Cash Flow
$1.67 per share
Price / Cash Flow
56.41
Book Value
$36.89 per share
Price / Book
2.56

Miscellaneous

Outstanding Shares
175,070,000
Free Float
165,129,000
Market Cap
$16.53 billion
Optionable
Optionable
Beta
0.82

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This page (NASDAQ:OKTA) was last updated on 7/11/2025 by MarketBeat.com Staff
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