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Okta (OKTA) Stock Price, News & Analysis

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$199.30 -7.34 (-3.55%)
As of 10:32 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Okta Stock (NASDAQ:OKTA)

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Key Stats

Today's Range
$196.46
▼
$205.00
50-Day Range
$130.61
▼
$206.64
52-Week Range
$62.66
▼
$212.50
Volume
971,148 shs
Average Volume
3.61 million shs
Market Capitalization
$34.84 billion
P/E Ratio
120.17
Dividend Yield
N/A
Price Target
$198.41
Consensus Rating
Moderate Buy

Company Overview

Okta, Inc. provides cloud-based identity and access management solutions for organizations. Its platform helps businesses securely connect employees, customers, partners and applications while managing authentication, authorization and user access across cloud, on-premises and mobile environments.

The company’s offerings include single sign-on, multifactor authentication, adaptive access controls, lifecycle management, identity governance and privileged access capabilities. Through its Customer Identity Cloud, powered by Auth0, Okta also provides tools for developers and businesses to embed authentication and authorization features into applications and digital services.

Founded in 2009 by Todd McKinnon and Frederic Kerrest, Okta completed its initial public offering in 2017. The company serves customers across industries and operates internationally, supporting organizations in North America, Europe, the Asia-Pacific region and other global markets. Todd McKinnon serves as co-founder and chief executive officer.

AI Generated. May Contain Errors.

Okta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
59th Percentile Overall Score

OKTA MarketRank™: 

Okta scored higher than 59% of companies evaluated by MarketBeat, and ranked 327th out of 602 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 $192.69, representing about 6.7% downside from its current price of $206.64.

  • Amount of Analyst Coverage

    Okta has been the subject of 36 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 124.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.92.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okta is 124.48, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 79.00.

  • Price to Earnings Growth Ratio

    Okta has a PEG Ratio of 6.12. 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 5.18. 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

    4.92% 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 2.22, 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 6.69%, 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.

  • News Sentiment

    Okta has a news sentiment score of 0.75. 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 Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 86 news articles for Okta this week, compared to 10 articles on an average week.
  • Search Interest

    117 people have searched for OKTA on MarketBeat in the last 30 days. This is an increase of 166% compared to the previous 30 days.
  • MarketBeat Follows

    36 people have added Okta to their MarketBeat watchlist in the last 30 days. This is an increase of 350% 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 $34,034,508.00 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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Okta (NASDAQ:OKTA) Stock: Insider Todd Mckinnon Sells 48,822 Shares
Okta (NASDAQ:OKTA) Insider Sells 6,395 Shares of Stock
Okta (NASDAQ:OKTA) Insider Sells $429,633.95 in Stock
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Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
Okta, CrowdStrike, Datadog, Cloudflare and Palo Alto Networks led Q2's most-upgraded stocks as AI-driven agentic traffic boosts cybersecurity demand, with analysts raising price targets and ratings.
See More Headlines

OKTA Stock Analysis - Frequently Asked Questions

Okta's stock was trading at $86.47 at the beginning of 2026. Since then, OKTA shares have increased by 139.0% and is now trading at $206.64.

Okta, Inc. (NASDAQ:OKTA) posted its quarterly earnings results on Wednesday, August, 26th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.09. The firm's quarterly revenue was up 10.6% compared to the same quarter last year.
Read the conference call transcript
.

Okta's Board of Directors initiated a stock buyback plan on Monday, January 5th 2026, which authorizes the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 6.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are 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 IPO 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.

Okta's top institutional investors include Wellington Management Group LLP (0.84%), Junto Capital Management LP (0.19%), California State Teachers Retirement System (0.15%) and Handelsbanken Fonder AB (0.12%). 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
8/26/2026
Today
9/25/2026
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
$240.00
Low Price Target
$60.00
Potential Upside/Downside
-1.3%
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
121.49
Forward P/E Ratio
104.22
P/E Growth
6.12
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
11.98
Cash Flow
$3.11 per share
Price / Cash Flow
64.26
Book Value
$39.89 per share
Price / Book
5.02

Miscellaneous

Outstanding Shares
174,820,000
Free Float
166,762,000
Market Cap
$34.98 billion
Optionable
Optionable
Beta
0.79

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This page (NASDAQ:OKTA) was last updated on 9/25/2026 by MarketBeat.com Staff.
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