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OKTA Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
84.699
Open
82.960
VWAP
82.51
Vol
2.33M
Mkt Cap
14.71B
Low
81.130
Amount
192.69M
EV/EBITDA(TTM)
30.51
Total Shares
175.35M
EV
12.51B
EV/OCF(TTM)
14.15
P/S(TTM)
5.17
Okta, Inc. is an independent identity partner. The Company's Okta Platform and Auth0 Platform enable its customers to securely connect the right people to the right technologies and services at the right time. It offers independent and neutral cloud-based identity solutions that allow customers to integrate with nearly any application, service or cloud that they choose through its platforms. Organizations use the Company's platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service applications, on-premises servers, application programming interfaces, IT infrastructure providers, and services from a multitude of devices. Developers leverage its Okta Platform and Auth0 Platform to securely and efficiently embed identity for both human users and, increasingly, AI agents into the software they build. Auth0 for AI Agents enables developers to leverage the Auth0 Platform to secure and scale agentic applications from pilot to production.
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Events Timeline

(ET)
2026-05-07
08:10:00
Lightspeed Appoints Bhawna Singh as Chief Technology Officer
select
2026-05-01 (ET)
2026-05-01
14:30:00
Meta Acquires Assured Robot Intelligence, Restructures Teams
select
2026-04-30 (ET)
2026-04-30
13:10:00
OpenAI Introduces Advanced Account Security Feature
select
2026-04-20 (ET)
2026-04-20
16:30:00
Major Averages Decline Amid Escalating Tensions with Iran
select
2026-04-20
12:00:00
Major Averages Decline Amid Rising Tensions with Iran
select
2026-04-16 (ET)
2026-04-16
16:30:00
Major Averages Rise on Optimism for U.S.-Iran Peace Deal
select
2026-04-16
14:40:00
Slate Auto Closes $650M Series C Funding
select
2026-04-16
12:00:00
Major Averages Rise on Optimism for U.S.-Iran Peace Deal
select

News

NASDAQ.COM
4.5
05-08NASDAQ.COM
U.S. Stocks Rise, Nasdaq Hits Record High
  • Nasdaq Hits Record High: The Nasdaq 100 index surged 1.32% to reach a new record high, primarily driven by chipmakers and AI infrastructure stocks, indicating strong market confidence in technology stocks that may attract further investor interest in the tech sector.
  • Strong Employment Data: U.S. nonfarm payrolls rose by 115,000 in April, exceeding expectations of 65,000, while March figures were revised up to 185,000, demonstrating resilience in the labor market that could lead the Fed to maintain interest rates in upcoming policy meetings.
  • Corporate Earnings Support Market: So far, 84% of the 425 S&P 500 companies have beaten earnings estimates, with Q1 earnings projected to climb 12% year-over-year, providing robust support for the stock market and reflecting the potential for economic recovery.
  • Geopolitical Impact on Oil Prices: Iran's seizure of an oil tanker in the Strait of Hormuz has led to a slight increase in WTI crude oil prices, heightening concerns over future oil price volatility and potentially affecting the stability of global energy supply chains.
NASDAQ.COM
4.5
05-07NASDAQ.COM
US Stocks Close Lower Amid Cautious Market Sentiment
  • Market Weakness: On Thursday, the S&P 500 Index fell by 0.38%, the Dow Jones Industrial Average dropped by 0.63%, and the Nasdaq 100 Index decreased by 0.12%, reflecting investor skepticism regarding a potential US-Iran peace deal, which led to a reversal of early gains and impacted market confidence.
  • Economic Data Support: Despite the market decline, initial jobless claims rose by 10,000 to 200,000, below the expected 205,000, indicating resilience in the labor market, while Q1 nonfarm productivity increased by 0.8%, surpassing the 0.6% forecast, providing some support to the market.
  • Earnings Report Impact: As of Thursday, 84% of the 425 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise by 12% year-over-year, although growth outside the tech sector is only expected to be around 3%, indicating a divergence that may influence investor allocation strategies.
  • Oil Price Recovery: WTI crude oil prices rebounded after a 4% decline on Thursday, as the market focused on the potential resumption of US military operations to ensure safe passage through the Strait of Hormuz, which is expected to have ongoing implications for global oil prices and related stocks.
NASDAQ.COM
4.5
05-07NASDAQ.COM
U.S. Stock Market Retreats as Oil Prices Surge
  • Market Retreat: The S&P 500 Index fell by 0.40%, the Dow Jones Industrial Average by 0.51%, and the Nasdaq 100 by 0.28%, indicating a retreat in market sentiment as rising oil prices weigh on investor confidence and raise concerns about future economic prospects.
  • Strong Employment Data: Initial jobless claims in the U.S. rose by 10,000 to 200,000, indicating a stronger labor market than the expected 205,000, while continuing claims unexpectedly fell by 10,000 to a 2.25-year low of 1.766 million, showcasing economic resilience.
  • Productivity and Costs: U.S. Q1 nonfarm productivity increased by 0.8%, surpassing expectations of 0.6%, while unit labor costs rose by 2.3%, below the anticipated 2.5%, which may influence future inflation expectations and Fed policy decisions.
  • Fed Policy Outlook: Boston Fed President indicated that interest rates should remain at “mildly restrictive” levels, suggesting that if inflation trends worsen significantly, a reassessment of policy would be necessary, with markets pricing in only a 6% chance of a rate cut at the next FOMC meeting.
NASDAQ.COM
2.0
05-07NASDAQ.COM
US Stocks Show Mixed Movement, Tech Stocks Surge
  • Tech Stock Surge: Datadog reported Q1 revenue of $1.01 billion, exceeding the consensus of $957.8 million, leading to a stock price increase of over 30%, which boosts overall market sentiment and reflects strong recovery in the tech sector amid high investor expectations for artificial intelligence.
  • Stable Labor Market: Initial jobless claims rose by 10,000 to 200,000, lower than the expected 205,000, indicating resilience in the labor market, while continuing claims unexpectedly fell by 10,000 to a 2.25-year low of 1.766 million, further enhancing market confidence.
  • Crude Oil Price Decline: WTI crude oil prices fell by more than 4% as markets await updates on a potential US-Iran peace deal that could reopen the Strait of Hormuz, negatively impacting energy producers and leading to widespread declines in related stocks.
  • Fed Policy Outlook: Boston Fed President indicated that interest rates should remain at
NASDAQ.COM
4.5
05-07NASDAQ.COM
Mixed US Stock Indices with Nasdaq 100 Reaching All-Time High
  • Nasdaq Milestone: The Nasdaq 100 index rose by 0.20%, achieving a new all-time high, driven by strong performance in tech stocks, particularly Datadog, which surged over 30% following its blowout earnings report.
  • Oil Price Decline: WTI crude oil prices fell by more than 4% today as the market awaits updates on a potential US-Iran peace deal that could reopen the Strait of Hormuz, impacting global oil prices and supply chains.
  • Stable Labor Market: Initial US unemployment claims rose by 10,000 to 200,000, below expectations of 205,000, indicating labor market resilience, while continuing claims unexpectedly fell to a 2.25-year low of 1.766 million.
  • Strong Corporate Earnings: So far, 84% of the 411 S&P 500 companies that reported earnings have beaten estimates, with Q1 earnings projected to climb 12% year-over-year, reflecting ongoing improvements in corporate profitability, although growth outside the tech sector is only 3%.
PRnewswire
8.5
05-06PRnewswire
Post-Quantum Cryptography Market Rapid Growth
  • Market Size Projection: The post-quantum cryptography market reached $850 million in 2024 and is projected to exceed $10 billion by 2032, reflecting a robust 38% compound annual growth rate driven by the urgency of quantum computing threats.
  • Government Strategy Priority: The White House's March 2026 Cyber Strategy designates post-quantum cryptography as a federal infrastructure priority, underscoring the urgency for enterprises and public sectors to address quantum computing risks.
  • Product Launch and Application: Quantum Secure Encryption Corp. has launched the QPA v2 platform, which assists organizations in identifying encryption vulnerabilities and formulating remediation plans, already operational with multiple clients, facilitating proactive responses to quantum risks.
  • Market Expansion and Partnerships: Since November 2025, QSE has expanded from four to thirteen operational markets, added eleven value-added distributors, and established connections with the Canadian Association of Defence and Security Industries, enhancing pathways for public sector procurement.
Wall Street analysts forecast OKTA stock price to rise
31 Analyst Rating
Wall Street analysts forecast OKTA stock price to rise
22 Buy
8 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
75.00
Averages
114.03
High
145.00
Current: 0.000
sliders
Low
75.00
Averages
114.03
High
145.00
Barclays
Equal Weight
to
Overweight
upgrade
$85 -> $90
AI Analysis
2026-04-20
Reason
Barclays
Price Target
$85 -> $90
AI Analysis
2026-04-20
upgrade
Equal Weight
to
Overweight
Reason
Barclays upgraded Okta to Overweight from Equal Weight with a price target of $90, up from $85. Barclay's chief investment officer survey indicates identity has moved to the top spending security priority, the analyst tells investors in a research note. The firm believes Okta's standing is "improving steadily as a vendor expected to see increased spending." This reflects the company's "broad exposure to the large identity market, including fast-growing sub-segments," contends Barclays.
Raymond James
Market Perform -> Outperform
upgrade
$85
2026-04-16
Reason
Raymond James
Price Target
$85
2026-04-16
upgrade
Market Perform -> Outperform
Reason
Raymond James upgraded Okta to Outperform from Market Perform with an $85 price target. The shares have dropped from $200 in fiscal 2023 to $60 today as the company's net retention revenue decelerated from over 120% to 106% due to downsized renewals from COVID cohorts that overprovisioned, the analyst tells investors in a research note. The firm sees this headwind for Okta subsiding as the company's average contract duration is just under three years. Raymond James says its analysis of various metrics suggests a "forward waterfall that should result in upside to growth" for Okta. It also believes AI has the potential for a significant total addressable market increase for Okta's core market due to agents in the workforce.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OKTA
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Valuation Metrics

The current forward P/E ratio for Okta Inc (OKTA.O) is 20.37, compared to its 5-year average forward P/E of -46.98. For a more detailed relative valuation and DCF analysis to assess Okta Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-46.98
Current PE
20.37
Overvalued PE
132.51
Undervalued PE
-226.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-168.38
Current EV/EBITDA
42.70
Overvalued EV/EBITDA
343.72
Undervalued EV/EBITDA
-680.49

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
8.77
Current PS
4.11
Overvalued PS
15.81
Undervalued PS
1.74

Financials

AI Analysis
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Whales Holding OKTA

W
Whale Rock Capital Management LLC
Holding
OKTA
+28.80%
3M Return
A
Allianz Global Investors U.S. LLC
Holding
OKTA
+12.89%
3M Return
S
Summit Trail Advisors, LLC
Holding
OKTA
+10.44%
3M Return
S
Staley Capital Advisers, Inc.
Holding
OKTA
+9.77%
3M Return
F
Freestone Capital Management, LLC
Holding
OKTA
+9.21%
3M Return
F
First Trust Advisors L.P.
Holding
OKTA
+8.50%
3M Return

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Frequently Asked Questions

What is Okta Inc (OKTA) stock price today?

The current price of OKTA is 81.69 USD — it has decreased -2.63

What is Okta Inc (OKTA)'s business?

Okta, Inc. is an independent identity partner. The Company's Okta Platform and Auth0 Platform enable its customers to securely connect the right people to the right technologies and services at the right time. It offers independent and neutral cloud-based identity solutions that allow customers to integrate with nearly any application, service or cloud that they choose through its platforms. Organizations use the Company's platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service applications, on-premises servers, application programming interfaces, IT infrastructure providers, and services from a multitude of devices. Developers leverage its Okta Platform and Auth0 Platform to securely and efficiently embed identity for both human users and, increasingly, AI agents into the software they build. Auth0 for AI Agents enables developers to leverage the Auth0 Platform to secure and scale agentic applications from pilot to production.

What is the price predicton of OKTA Stock?

Wall Street analysts forecast OKTA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OKTA is114.03 USD with a low forecast of 75.00 USD and a high forecast of 145.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Okta Inc (OKTA)'s revenue for the last quarter?

Okta Inc revenue for the last quarter amounts to 761.00M USD, increased 11.58

What is Okta Inc (OKTA)'s earnings per share (EPS) for the last quarter?

Okta Inc. EPS for the last quarter amounts to 0.36 USD, increased 200.00

How many employees does Okta Inc (OKTA). have?

Okta Inc (OKTA) has 6366 emplpoyees as of May 12 2026.

What is Okta Inc (OKTA) market cap?

Today OKTA has the market capitalization of 14.71B USD.