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Okta (OKTA) Stock Price, News & Analysis

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$81.76 +4.32 (+5.58%)
As of 11:01 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
$79.96
$83.00
50-Day Range
$62.93
$81.10
52-Week Range
$62.66
$127.57
Volume
661,519 shs
Average Volume
3.40 million shs
Market Capitalization
$14.46 billion
P/E Ratio
62.53
Dividend Yield
N/A
Price Target
$100.89
Consensus Rating
Moderate Buy

Company Overview

Okta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

OKTA MarketRank™: 

Okta scored higher than 94% of companies evaluated by MarketBeat, and ranked 56th out of 626 stocks in the computer and 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 2.61, and is based on no strong buy ratings, 28 buy ratings, 10 hold ratings, and 3 sell ratings.

  • Upside Potential

    Okta has a consensus price target of $100.89, representing about 30.3% upside from its current price of $77.40.

  • Amount of Analyst Coverage

    Okta has been the subject of 30 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 30.43% in the coming year, from $1.61 to $2.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Okta is 59.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.48.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okta is 59.08, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 73.79.

  • Price to Earnings Growth Ratio

    Okta has a PEG Ratio of 3.03. 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 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Okta's valuation and earnings.
  • Percentage of Shares Shorted

    4.83% 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 1.85, 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 6.73%, 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 0.85. 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 0.57 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Okta this week, compared to 13 articles on an average week.
  • Search Interest

    51 people have searched for OKTA on MarketBeat in the last 30 days. This is an increase of 76% compared to the previous 30 days.
  • MarketBeat Follows

    Only 12 people have added Okta to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Okta insiders have sold 1,739.35% more of their company's stock than they have bought. Specifically, they have bought $267,412.00 in company stock and sold $4,918,638.00 in company stock.

  • Percentage Held by Insiders

    5.68% 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

SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a $1.75 trillion IPO - larger than Saudi Aramco and any tech offering in history. CNBC calls it 'the big market event of 2026.' According to former tech executive and angel investor Jeff Brown, there's a way to claim a stake before the public filing drops, starting with as little as $500.tc pixel
Mastering Okta IAM for a safer workplace
Okta (NASDAQ:OKTA) Insider Sells $508,565.75 in Stock
See More Headlines

OKTA Stock Analysis - Frequently Asked Questions

Okta's stock was trading at $86.47 on January 1st, 2026. Since then, OKTA stock has decreased by 10.5% and is now trading at $77.3990.

Okta, Inc. (NASDAQ:OKTA) released its quarterly earnings data on Wednesday, March, 4th. The company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.05. The firm's revenue was up 11.6% compared to the same quarter last year.
Read the conference call transcript
.

Okta's Board of Directors authorized a stock buyback program on Monday, January 5th 2026, which permits the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 6.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management 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 (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 shareholders include Allspring Global Investments Holdings LLC (2.01%), Pictet Asset Management Holding SA (1.41%), Swedbank AB (1.25%) and Stephens Investment Management Group LLC (0.25%). 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
3/04/2026
Today
5/07/2026
Next Earnings (Confirmed)
5/28/2026
Fiscal Year End
1/31/2027

Industry, Sector and Symbol

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

Price Target and Rating

High Price Target
$140.00
Low Price Target
$75.00
Potential Upside/Downside
+23.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
41 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.31
Trailing P/E Ratio
62.30
Forward P/E Ratio
50.85
P/E Growth
3.03
Net Income
$235 million
Net Margins
8.05%
Pretax Margin
8.74%
Return on Equity
4.18%
Return on Assets
3.00%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.43
Quick Ratio
1.43

Sales & Book Value

Annual Sales
$2.92 billion
Price / Sales
4.96
Cash Flow
$3.22 per share
Price / Cash Flow
25.41
Book Value
$39.57 per share
Price / Book
2.07

Miscellaneous

Outstanding Shares
176,890,000
Free Float
166,841,000
Market Cap
$14.48 billion
Optionable
Optionable
Beta
0.59

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This page (NASDAQ:OKTA) was last updated on 5/7/2026 by MarketBeat.com Staff.
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