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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
79.790
Open
77.070
VWAP
78.20
Vol
2.45M
Mkt Cap
13.40B
Low
76.470
Amount
191.61M
EV/EBITDA(TTM)
27.31
Total Shares
176.89M
EV
11.20B
EV/OCF(TTM)
12.67
P/S(TTM)
4.67
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.
Show More

Events Timeline

(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

Yahoo Finance
6.0
00:04 AMYahoo Finance
Okta Shares Surge After Analyst Upgrades Boost AI Strategy Confidence
  • Analyst Rating Upgrades: Raymond James and Barclays upgraded Okta's rating to Outperform and Overweight, respectively, raising the price target from $85 to $90, indicating increased market confidence in the company's AI strategy.
  • Identity Security Priority: Barclays highlighted that identity security has become the top enterprise spending priority, particularly with the rise of agentic AI, which is expected to drive demand and growth for Okta's services.
  • Stock Volatility Insight: Okta's shares have experienced 16 moves greater than 5% over the past year, and today's increase suggests that the market considers this news significant, though it does not fundamentally alter perceptions of the company's business.
  • Long-term Investment Returns: Despite a 9.5% decline in Okta's stock price since the beginning of the year, currently trading at $75.67 and 40.6% below its 52-week high of $127.30, investors who bought $1,000 worth of shares five years ago would now see only $284.68, highlighting the challenges of long-term investment.
NASDAQ.COM
4.5
04-20NASDAQ.COM
Stock Markets Decline Amid Soaring Oil Prices and Geopolitical Tensions
  • Oil Price Surge Impacts Markets: The S&P 500 index fell 0.24%, the Dow Jones Industrial Average dropped 0.01%, and the Nasdaq 100 index declined 0.31% on Monday as WTI crude prices surged over 6%, indicating market sensitivity to rising energy costs amid geopolitical tensions.
  • Geopolitical Risks Escalate: The closure of the Strait of Hormuz by Iran has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further unsettling investor sentiment.
  • Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, growth is only expected at 3%, highlighting signs of economic weakness.
  • Airline Stocks Under Pressure: Airline stocks retreated as rising oil prices weighed on profits, with American Airlines and Alaska Air both down over 4%, reflecting the direct impact of fuel costs on company earnings and potential downward revisions in future profit expectations.
NASDAQ.COM
4.5
04-20NASDAQ.COM
U.S. Stocks Decline Amid Soaring Oil Prices
  • Oil Price Surge Impacts Markets: The S&P 500 index fell 0.41%, the Dow Jones Industrial Average dropped 0.31%, and the Nasdaq 100 index declined 0.66% as WTI crude oil prices surged over 5%, indicating market sensitivity to rising energy costs amid doubts about peace talks regarding the Iran war.
  • Geopolitical Risks Escalate: Iran's closure of the Strait of Hormuz has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further increasing market uncertainty.
  • Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings have beaten estimates, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, the growth is only 3%, indicating signs of overall economic weakness.
  • Airline Stocks Under Pressure: Airline and cruise line stocks are broadly down due to rising oil prices, with Norwegian Cruise Line Holdings down over 5% and American Airlines Group down over 4%, reflecting the negative impact of high fuel costs on company profits.
NASDAQ.COM
4.5
04-20NASDAQ.COM
Oil Price Surge Leads to Market Decline
  • Market Decline: The S&P 500 index fell by 0.21%, the Dow Jones Industrial Average by 0.04%, and the Nasdaq 100 by 0.24%, indicating investor concerns over rising oil prices that could impact corporate earnings and overall market confidence.
  • Oil Price Surge: WTI crude oil prices increased by over 5% due to the closure of the Strait of Hormuz following the US's refusal to lift its naval blockade on Iranian vessels, which could exacerbate global oil and fuel shortages and raise operational costs for affected industries.
  • Earnings Expectations: So far, 81% of the 48 S&P 500 companies that reported earnings have exceeded estimates, with Q1 earnings projected to rise by 12% year-over-year; however, excluding the tech sector, growth is only expected to be 3%, indicating signs of an overall economic slowdown.
  • Airline and Chip Stocks Under Pressure: Airline stocks are down due to rising fuel costs, with Norwegian Cruise Line Holdings falling over 6%, while chipmakers like Intel are also down more than 2%, reflecting the negative impact of high oil prices across multiple sectors.
CNBC
6.5
04-20CNBC
S&P 500 Flat Amid Rising Oil Prices and Earnings Outlook
  • Market Dynamics: The S&P 500 remained flat on Monday despite escalating tensions between the U.S. and Iran, while West Texas Intermediate crude surged 5% to over $88 per barrel, indicating market sensitivity to oil price fluctuations.
  • Company Update: Bank of America analysts raised Corning's price target from $155 to $186, highlighting that its scale-out potential for increasing compute capacity is not reflected in current valuations, which is expected to drive demand for fiber-optic networking, although this may pressure margins in the near term.
  • Apple Outlook: Morgan Stanley named Apple a 'tactical long', forecasting that memory-related gross margin pressures will be offset by positive June-quarter guidance, with upcoming catalysts including the WWDC and the foldable iPhone launch.
  • Investment Strategy: Jim Cramer noted in the livestream that while recent cautious calls on Corning may lead to a potential stock decline, opportunistic investors in the market may seize the chance to buy, reflecting confidence in future earnings.
CNBC
6.0
04-20CNBC
Major Wall Street Rating Updates on Monday
  • Tesla Rating Adjustment: Jefferies raised Tesla's price target from $300 to $350, anticipating Q1 results will show a widening gap between vision and execution, and concerns about funding may arise without a convincing robotaxi announcement, potentially leading to merger considerations with SpaceX.
  • Apple's Positive Outlook: Morgan Stanley reiterated Apple as overweight, expecting a modest 1-2% upside in revenue and EPS in the upcoming earnings report, despite supply constraints, indicating the company's resilience in the market.
  • Amazon Price Target Increase: Bank of America raised Amazon's price target from $275 to $298, believing that with strong assets and customer focus, Amazon is well-positioned to capitalize on the global growth of eCommerce and enterprise demand for AI capabilities, showcasing robust growth potential.
  • Microsoft's Favorable Outlook: Deutsche Bank reiterated Microsoft as a buy, expecting Azure's performance and guidance to be focal points in the upcoming earnings report, indicating that the company's broad progress in AI initiatives will drive future growth.
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
New
Reason
Barclays
Price Target
$85 -> $90
AI Analysis
2026-04-20
New
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
New
Reason
Raymond James
Price Target
$85
2026-04-16
New
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
Unlock Now

Valuation Metrics

The current forward P/E ratio for Okta Inc (OKTA.O) is 18.90, compared to its 5-year average forward P/E of -51.26. 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
-51.26
Current PE
18.90
Overvalued PE
132.02
Undervalued PE
-234.54

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
-174.31
Current EV/EBITDA
38.08
Overvalued EV/EBITDA
339.26
Undervalued EV/EBITDA
-687.89

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
9.04
Current PS
3.68
Overvalued PS
16.34
Undervalued PS
1.74

Financials

AI Analysis
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Whales Holding OKTA

F
First Trust Advisors L.P.
Holding
OKTA
+80.43%
3M Return
W
Whale Rock Capital Management LLC
Holding
OKTA
+20.80%
3M Return
S
Senvest Management, LLC
Holding
OKTA
+7.09%
3M Return
A
Allianz Global Investors U.S. LLC
Holding
OKTA
+6.99%
3M Return
F
Freestone Grove Partners LP
Holding
OKTA
+6.90%
3M Return
S
Summit Trail Advisors, LLC
Holding
OKTA
+5.80%
3M Return

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Frequently Asked Questions

What is Okta Inc (OKTA) stock price today?

The current price of OKTA is 78.34 USD — it has increased 3.41

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 April 21 2026.

What is Okta Inc (OKTA) market cap?

Today OKTA has the market capitalization of 13.40B USD.