Okta (OKTA) Stock Price, News & Analysis

Company Overview

Okta, Inc. provides cloud-based identity and access management services. Its platform helps organizations manage how employees, customers, partners and other users sign in to applications and access digital resources.

Okta’s products include single sign-on, multifactor authentication, identity governance and user lifecycle management. Through Auth0, which Okta acquired in 2021, the company also offers tools that developers can use to add identity and authentication features to customer-facing applications.

Founded in 2009 by Todd McKinnon and Frederic Kerrest, Okta serves organizations around the world across a range of industries. McKinnon is the company’s co-founder and chief executive officer.

Key Stats

• Today's Range: $166.50 to $180.29
• 50-Day Range: $163.15 to $232.13
• 52-Week Range: $62.66 to $235.00
• Volume: 3.15 million shs
• Average Volume: 5.01 million shs
• Market Capitalization: $31.04 billion
• P/E Ratio: 106.97
• Dividend Yield: N/A
• Price Target: $202.38
• Consensus Rating: Moderate Buy

Okta Stock Analysis - MarketRank™

Okta scored higher than 87% of companies evaluated by MarketBeat, and ranked 99th out of 585 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Okta has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 2 strong buy ratings, 31 buy ratings, 10 hold ratings, and no sell ratings.

Upside Potential

Okta has a consensus price target of $202.38, representing about 14.0% upside from its current price of $177.57.

Amount of Analyst Coverage

Okta has been the subject of 35 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 26.56%

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 106.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Okta is 106.97, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 40.77.

Price to Earnings Growth Ratio

Okta has a PEG Ratio of 5.94. 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 4.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Okta does not currently pay a dividend.

Dividend Growth

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

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.83

News Sentiment

Okta has a news sentiment score of 0.83. 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 0.50 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Okta this week, compared to 10 articles on an average week.

Search Interest

Only 32 people have searched for OKTA on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

MarketBeat Follows

24 people have added Okta to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 1.6 / 5
• Insider Trading: Selling Shares

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.

Company Calendar

• Last Earnings: 8/26/2026
• Today: 11/09/2026
• Next Earnings (Estimated): 12/01/2026
• Fiscal Year End: 1/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:OKTA
• CIK: 1660134
• Web: www.okta.com
• Phone: (888) 722-7871
• Fax: N/A
• Employees: 6,366
• Year Founded: 2009

Price Target and Rating

• Average Price Target for Okta: $202.38
• High Price Target: $245.00
• Low Price Target: $60.00
• Potential Upside/Downside: +14.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 43 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.66
• Trailing P/E Ratio: 106.97
• Forward P/E Ratio: 73.07
• P/E Growth: 5.94
• 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: 10.63
• Cash Flow: $2.84 per share
• Price / Cash Flow: 62.44
• Book Value: $39.57 per share
• Price / Book: 4.49

Miscellaneous

• Outstanding Shares: 174,820,000
• Free Float: 166,762,000
• Market Cap: $31.04 billion
• Optionable: Optionable
• Beta: 0.74