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Okta (OKTA) Stock Price, News & Analysis

Okta logo
$220.01 +6.96 (+3.27%)
Closing price 04:00 PM Eastern
Extended Trading
$220.20 +0.19 (+0.09%)
As of 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Okta Stock (NASDAQ:OKTA)

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Key Stats

Today's Range
$211.42
▼
$222.39
50-Day Range
$130.61
▼
$232.13
52-Week Range
$62.66
▼
$235.00
Volume
2.62 million shs
Average Volume
3.22 million shs
Market Capitalization
$38.46 billion
P/E Ratio
132.54
Dividend Yield
N/A
Price Target
$202.38
Consensus Rating
Moderate Buy

Company Overview

Okta, Inc. provides cloud-based identity and access management solutions for organizations worldwide. Its platform helps businesses securely connect employees, contractors, customers and partners with the applications, systems and services they need to use.

The company’s offerings include single sign-on, multifactor authentication, identity governance, lifecycle management, directory services and privileged access management. Okta also provides customer identity solutions through Auth0, its developer-focused identity platform, which supports authentication and authorization for applications and digital experiences.

Okta serves enterprises, government agencies, small and medium-sized businesses, developers and other organizations across North America, Europe, Asia-Pacific and additional international markets. Its products are delivered primarily through cloud-based services and are designed to integrate with a broad range of business applications and technology environments.

Founded in 2009 and headquartered in San Francisco, California, Okta was co-founded by Todd McKinnon, who serves as chief executive officer. The company became publicly traded on the Nasdaq under the symbol OKTA in 2017.

AI Generated. May Contain Errors.

Okta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

OKTA MarketRank™: 
3.603793466805 of 5 stars

Okta scored higher than 72% of companies evaluated by MarketBeat, and ranked 275th out of 591 stocks in the 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 2.77, and is based on 1 strong buy rating, 31 buy ratings, 11 hold ratings, and no sell ratings.

  • Downside Risk

    Okta has a consensus price target of $202.38, representing about 8.0% downside from its current price of $220.01.

  • Amount of Analyst Coverage

    Okta has been the subject of 34 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 26.56% in the coming year, from $1.92 to $2.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Okta is 123.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.91.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okta is 123.15, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 43.00.

  • Price to Earnings Growth Ratio

    Okta has a PEG Ratio of 6.63. 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 5.56. 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

    4.17% 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 2.42, 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 12.20%, indicating that investor sentiment is improving significantly.
  • 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 1.05. 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 0.53 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Okta this week, compared to 10 articles on an average week.
  • Search Interest

    Only 55 people have searched for OKTA on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days.
  • MarketBeat Follows

    35 people have added Okta to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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 $23,927,112.00 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

Why Okta (OKTA) Stock Is Up Today
Trump’s issues shocking Executive Order on U.S. Dollar
Three days into his second term, President Trump signed Executive Order 14178 a move the press barely covered. Buried inside is what some call the legal groundwork for the biggest change to American money in over a century, with a key Treasury vote potentially as soon as January 18. Ian King, Chief Strategist at Strategic Fortunes, breaks down what the order could mean for the dollar and the financial system.tc pixel
OPM Director Scott Kupor Sells Up to $5.5M in Airbnb and Okta
Multi-monitor trading desk displaying stock price charts, Q3 earnings data with EPS and revenue figures, and market data in an office.
Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next (OKTA)
AI-driven demand is lifting earnings estimates and price targets across cybersecurity, semiconductor, and CPU stocks, including PANW, MRVL, AMD, and INTC, ahead of Q3 results.
Desk with multiple monitors displaying network security, data server, and cybersecurity dashboards in a dark office at night.
These 3 Stocks Got the Most Love From Analysts in September (OKTA)
Meta, Dell, and Okta led September's analyst upgrades as tech topped the S&P 500 sectors, with new price targets pointing to further upside for all three stocks.
Illustration of a glowing red shield surrounded by blue data streams in a server data center, symbolizing cybersecurity.
Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be? (OKTA)
Bernstein's Peter Weed downgraded Palo Alto Networks, Okta, and SentinelOne to Market Perform while raising price targets on all three, as analysts weigh AI-driven demand against slowing margin growth.
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 154.4% and is now trading at $220.01.

Okta, Inc. (NASDAQ:OKTA) announced its quarterly earnings results on Wednesday, August, 26th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.09. The company's revenue was up 10.6% on a year-over-year basis.
Read the conference call transcript
.

Okta's board authorized a share repurchase program on Monday, January 5th 2026, which permits the company to buy back $1 billion in outstanding shares, according to EventVestor. This means that the company could buy up to 6.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

Okta subsidiaries include 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 a price of $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.

Okta's top institutional shareholders include Robeco Institutional Asset Management B.V. (0.28%), Assenagon Asset Management S.A. (0.12%), Vontobel Holding Ltd. (0.10%) and Cantor Fitzgerald Investment Advisors L.P. (0.09%). 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 NVIDIA (NVDA), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Tesla (TSLA), Salesforce (CRM), Shopify (SHOP) and PayPal (PYPL).

Company Calendar

Last Earnings
8/26/2026
Today
10/26/2026
Next Earnings (Estimated)
12/01/2026
Fiscal Year End
1/31/2027

Industry, Sector and Symbol

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

Price Target and Rating

High Price Target
$245.00
Low Price Target
$60.00
Potential Upside/Downside
-8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
43 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.66
Trailing P/E Ratio
132.54
Forward P/E Ratio
114.59
P/E Growth
6.63
Net Income
$235 million
Net Margins
9.63%
Pretax Margin
10.54%
Return on Equity
4.50%
Return on Assets
3.34%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.53
Quick Ratio
1.53

Sales & Book Value

Annual Sales
$2.92 billion
Price / Sales
13.18
Cash Flow
$3.16 per share
Price / Cash Flow
69.63
Book Value
$39.57 per share
Price / Book
5.56

Miscellaneous

Outstanding Shares
174,820,000
Free Float
166,762,000
Market Cap
$38.46 billion
Optionable
Optionable
Beta
0.73

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This page (NASDAQ:OKTA) was last updated on 10/26/2026 by MarketBeat.com Staff.
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