Okta Stock Forecast, Price & News

Okta (NASDAQ:OKTA) Frequently Asked Questions

Is Okta a buy right now?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Okta in the last twelve months. There are currently 5 hold ratings, 18 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Okta stock.
View analyst ratings for Okta or view top-rated stocks.

How has Okta's stock price been impacted by COVID-19?

Okta's stock was trading at $114.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OKTA stock has increased by 100.8% and is now trading at $230.44.
View which stocks have been most impacted by COVID-19.

When is Okta's next earnings date?

Okta is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022.
View our earnings forecast for Okta.

How were Okta's earnings last quarter?

Okta, Inc. (NASDAQ:OKTA) released its quarterly earnings data on Wednesday, December, 1st. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.17. Okta had a negative trailing twelve-month return on equity of 20.05% and a negative net margin of 59.29%. During the same period last year, the company earned ($0.38) EPS.
View Okta's earnings history.

What guidance has Okta issued on next quarter's earnings?

Okta updated its FY 2022 earnings guidance on Wednesday, December, 8th. The company provided earnings per share (EPS) guidance of $-0.530-$-0.520 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.740. The company issued revenue guidance of $1.28 billion-$1.28 billion, compared to the consensus revenue estimate of $1.25 billion.

What price target have analysts set for OKTA?

24 analysts have issued 12-month target prices for Okta's stock. Their forecasts range from $230.00 to $320.00. On average, they anticipate Okta's stock price to reach $284.96 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price.
View analysts' price targets for Okta or view top-rated stocks among Wall Street analysts.

Who are Okta's key executives?

Okta's management team includes the following people:

• Todd McKinnon, Chairman & Chief Executive Officer
• J. Frederic Kerrest, Executive Vice Chairman & Chief Operating Officer
• Brett Tighe, Chief Financial Officer, Treasurer & SVP-Finance (LinkedIn Profile)
• Vicky Xiong, VP-Technology Services & Business Technology
• Alvina Antar, Chief Information Officer & Senior Vice President

What is Todd McKinnon's approval rating as Okta's CEO?

302 employees have rated Okta CEO Todd McKinnon on Glassdoor.com. Todd McKinnon has an approval rating of 95% among Okta's employees. This puts Todd McKinnon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Okta's key competitors?

Some companies that are related to Okta include ServiceNow (NOW), Snowflake (SNOW), Square (SQ), Dassault Systèmes (DASTY), NetEase (NTES), Autodesk (ADSK), Roblox (RBLX), Datadog (DDOG), Synopsys (SNPS), Atlassian (TEAM), Cadence Design Systems (CDNS), Cloudflare (NET), VMware (VMW), Twilio (TWLO) and CrowdStrike (CRWD).
View all of OKTA's competitors.

What other stocks do shareholders of Okta own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Okta investors own include NVIDIA (NVDA), Shopify (SHOP), Twilio (TWLO), Trade Desk (TTD), Square (SQ), salesforce.com (CRM), PayPal (PYPL), Netflix (NFLX), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

When did Okta IPO?

(OKTA) raised $154 million in an initial public offering (IPO) on Friday, April 7th 2017. The company issued 11,000,000 shares at $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.

What is Okta's stock symbol?

Okta trades on the NASDAQ under the ticker symbol "OKTA."

Who are Okta's major shareholders?

Okta's stock is owned by many different retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (2.77%), Sands Capital Management LLC (1.78%), Capital Research Global Investors (1.74%), Allianz Asset Management GmbH (1.72%), American Century Companies Inc. (1.18%) and Geode Capital Management LLC (1.01%). Company insiders that own Okta stock include Benjamin A Horowitz, Brett Tighe, Charles Race, Christopher K Kramer, Christopher K Kramer, Jacques Frederic Kerrest, Jonathan T Runyan, Jonathan T Runyan, L Michelle Wilson, Michael R Kourey, Patrick W Grady, Robert L Dixon Jr, Todd Burrowes, Todd Mckinnon, William E Losch and William E Losch.
View institutional ownership trends for Okta.

Which institutional investors are selling Okta stock?

OKTA stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Arrowstreet Capital Limited Partnership, Natixis, Cubist Systematic Strategies LLC, Lombard Odier Asset Management USA Corp, Wolverine Trading LLC, Centiva Capital LP, and Centiva Capital LP. Company insiders that have sold Okta company stock in the last year include Benjamin A Horowitz, Brett Tighe, Charles Race, Christopher K Kramer, Jacques Frederic Kerrest, Jonathan T Runyan, L Michelle Wilson, Michael R Kourey, Robert L Dixon Jr, Todd Burrowes, Todd Mckinnon, and William E Losch.
View insider buying and selling activity for Okta or view top insider-selling stocks.

Which institutional investors are buying Okta stock?

OKTA stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Capital Research Global Investors, Sands Capital Management LLC, Janus Henderson Group PLC, Squarepoint Ops LLC, Steadfast Capital Management LP, Citadel Advisors LLC, and Barclays PLC.
View insider buying and selling activity for Okta or or view top insider-buying stocks.

How do I buy shares of Okta?

Shares of OKTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Okta's stock price today?

One share of OKTA stock can currently be purchased for approximately $230.44.

How much money does Okta make?

Okta has a market capitalization of $35.64 billion and generates $835.42 million in revenue each year. The company earns $-266.33 million in net income (profit) each year or ($4.68) on an earnings per share basis.

How many employees does Okta have?

Okta employs 2,806 workers across the globe.

Does Okta have any subsidiaries?

The following companies are subsidiares of Okta: Azuqua, Azuqua Inc., Okta Australia Pty Limited, Okta France SAS, Okta GmbH, Okta Identity Netherlands BV, Okta SG Pte. Ltd., Okta Software Canada Inc., Okta UK LTD, ScaleFT, ScaleFT Inc., SpydrSafe Mobile Security, SpydrSafe Mobile Security Inc., Stormpath, and Workflow Automation.

When was Okta founded?

Okta was founded in 2009.

What is Okta's official website?

The official website for Okta is www.okta.com.

Where are Okta's headquarters?

Okta is headquartered at 100 FIRST STREET SUITE 600, SAN FRANCISCO CA, 94105.

How can I contact Okta?

Okta's mailing address is 100 FIRST STREET SUITE 600, SAN FRANCISCO CA, 94105. The company can be reached via phone at (888) 722-7871 or via email at [email protected].