Okta (OKTA) Stock Price, News & Analysis

Company Overview

Okta, Inc. is an identity and access management company that helps organizations secure and manage access to applications, systems, devices and digital services. Its platform is designed to support employees, contractors, partners, customers and other users across cloud-based and on-premises environments.

Okta’s products include single sign-on, multifactor authentication, lifecycle management, identity governance, privileged access and identity threat protection. Through its Workforce Identity Cloud and Customer Identity Cloud, the company provides tools for workforce access management and for integrating authentication and authorization capabilities into customer-facing applications. Okta also offers Okta Verify, a mobile authentication application, and services associated with the Auth0 identity platform, which it acquired in 2021.

Founded in 2009, Okta serves organizations across a range of industries and operates internationally, supporting customers and users in markets around the world. The company is headquartered in San Francisco, California. Co-founder Todd McKinnon serves as chief executive officer, while co-founder Frederic Kerrest is an executive leader of the company.

Key Stats

• Today's Range: $210.38 to $216.59
• 50-Day Range: $130.61 to $212.63
• 52-Week Range: $62.66 to $216.59
• Volume: 2.07 million shs
• Average Volume: 3.80 million shs
• Market Capitalization: $36.97 billion
• P/E Ratio: 127.40
• Dividend Yield: N/A
• Price Target: $200.72
• Consensus Rating: Moderate Buy

Okta Stock Analysis - MarketRank™

Okta scored higher than 59% of companies evaluated by MarketBeat, and ranked 302nd out of 593 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Okta has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 1 strong buy rating, 32 buy ratings, 10 hold ratings, and no sell ratings.

Downside Risk

Okta has a consensus price target of $200.72, representing about 5.1% downside from its current price of $211.49.

Amount of Analyst Coverage

Okta has been the subject of 37 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 127.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Okta is 127.40, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 81.43.

Price to Earnings Growth Ratio

Okta has a PEG Ratio of 6.62. 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 5.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• 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: 0.82

News Sentiment

Okta has a news sentiment score of 0.82. 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 37 news articles for Okta this week, compared to 10 articles on an average week.

Search Interest

Only 85 people have searched for OKTA on MarketBeat in the last 30 days. This is a decrease of -9% 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 94% 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 $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.

Company Calendar

• Last Earnings: 8/26/2026
• Today: 10/03/2026
• 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: $200.72
• High Price Target: $245.00
• Low Price Target: $60.00
• Potential Upside/Downside: -5.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.79
• Research Coverage: 43 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.66
• Trailing P/E Ratio: 127.40
• Forward P/E Ratio: 110.15
• P/E Growth: 6.62
• 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: $3.07 billion
• Price / Sales: 12.03
• Cash Flow: $3.04 per share
• Price / Cash Flow: 69.50
• Book Value: $39.89 per share
• Price / Book: 5.30

Miscellaneous

• Outstanding Shares: 174,821,000
• Free Float: 166,762,000
• Market Cap: $36.97 billion
• Optionable: Optionable
• Beta: 0.73