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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

Loading chart...

High
119.545
Open
112.615
VWAP
114.79
Vol
8.27M
Mkt Cap
20.48B
Low
107.000
Amount
949.41M
EV/EBITDA(TTM)
41.73
Total Shares
173.81M
EV
18.24B
EV/OCF(TTM)
19.82
P/S(TTM)
7.04
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)
2026-05-29
17:00:00
Dell's Strong Earnings Propel Tech Stocks Higher
select
2026-05-29
12:10:00
Okta Stock Rises 27% to $120.30
select
2026-05-29
12:10:00
Major Averages Rise on Last Trading Day of the Month
select

News

NASDAQ.COM
4.5
06-16NASDAQ.COM
U.S. Stocks Close Mixed: Dow Hits All-Time High
  • Dow Hits All-Time High: The Dow Jones Industrial Average rose by 0.64%, reaching a new all-time high, reflecting investor confidence in economic recovery, despite mixed overall market performance indicating divergent views among investors on various sectors.
  • Chip Stocks Decline: With Marvell Technology and Intel falling over 9% and 8% respectively, the weakness in chipmakers weighed on the broader market, suggesting that the pressure on tech stocks may impact future investment sentiment.
  • Weak Housing Data: U.S. May housing starts fell 15.4% month-over-month to a six-year low of 1.177 million, below expectations of 1.430 million, indicating that the weakness in the housing market could pose challenges to economic growth.
  • Oil Prices Plummet: WTI crude oil prices dropped more than 5% to a 3.5-month low due to the U.S.-Iran agreement to reopen the Strait of Hormuz, enhancing expectations for a revival in oil supplies, which may affect the performance of energy stocks.
NASDAQ.COM
4.5
06-16NASDAQ.COM
Mixed US Stock Market with Energy Stocks Under Pressure
  • Market Divergence: The S&P 500 Index fell by 0.18% and the Nasdaq 100 Index dropped by 0.83%, while the Dow Jones Industrial Average rose by 0.69% to a new all-time high, indicating a divergence in market performance, particularly as energy stocks are pressured by plunging crude oil prices.
  • Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, significantly below the expected 1.430 million, while building permits also declined slightly, reflecting weakness in the real estate market that could negatively impact overall economic growth.
  • Oil Price Impact on Sentiment: WTI crude oil prices dropped over 3% to a 3.25-month low due to the US-Iran agreement to reopen the Strait of Hormuz, which has eased inflation expectations; while this provides short-term support for stocks, the long-term effects remain to be seen.
  • Fed Meeting Focus: The market is turning its attention to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be crucial, as investors will look for insights on future inflation outlook and policy direction.
Fool
8.5
06-08Fool
SpaceX Plans Record IPO, Aiming to Raise $75 Billion
  • IPO Fundraising Scale: SpaceX plans to issue 555,555,555 shares at $135 each, aiming to raise $75 billion and achieve a valuation of $1.77 trillion, setting a historic record that reflects strong market confidence in its growth potential.
  • Business Diversification: The company operates in three segments: rocket launches, satellite internet, and artificial intelligence, with the rocket launch segment having successfully launched approximately 650 times at a 99% success rate, solidifying its leadership in the aerospace market.
  • Strategic Partnership Agreement: SpaceX has reached a deal with Alphabet to receive $920 million per month for computing capacity from 2026 to 2029, valued at $30 billion, which will significantly enhance the company's financial position and market competitiveness.
  • Investment Risk Warning: Despite the optimistic IPO outlook, historical data shows that over half of the 30 largest IPOs in the past 15 years saw stock prices decline within the first week and at 12 months, indicating that investors should approach newly listed stocks with caution due to their volatility.
NASDAQ.COM
8.5
06-08NASDAQ.COM
SpaceX IPO Set to Break Historical Records
  • Massive Fundraising: SpaceX plans to offer 555,555,555 shares at $135 each, aiming to raise $75 billion and achieve a valuation of $1.77 trillion, setting a historical record that reflects strong market confidence in its growth prospects.
  • Diverse Business Segments: SpaceX operates in rocket launches, satellite internet, and artificial intelligence, with a notable 99% success rate in rocket launches and a network of approximately 9,600 Starlink satellites, enhancing its competitive edge globally.
  • Intriguing Financials: In 2025, SpaceX generated $18.7 billion in revenue, a 33% year-over-year increase, but reported a net loss of $4.9 billion; however, an adjusted EBITDA of $6.6 billion indicates potential profitability, and a $30 billion deal with Alphabet will further improve its financial position.
  • Investment Risk Advisory: Historical data shows that over half of the 30 largest IPOs in the past 15 years performed poorly in their first year, prompting investors to exercise caution, especially since founder Elon Musk will control 82% of the voting power, limiting retail investors' influence on company decisions.
NASDAQ.COM
4.5
06-04NASDAQ.COM
Mixed US Stock Market with Tech Stocks Under Pressure
  • Tech Stock Decline: Broadcom (AVGO) shares plummeted over 15% after its AI revenue forecast fell short, marking it as the largest decliner in the Nasdaq 100, which reflects growing concerns about the tech sector and may dampen investor confidence.
  • Weak Employment Data: Initial jobless claims in the US rose by 13,000 to 225,000, reaching a 3.75-month high, indicating a weakening labor market that could lead to downward revisions in growth expectations.
  • Healthcare Stocks Strong: UnitedHealth Group (UNH) surged over 6%, leading gains in the S&P 500, after Bank of America upgraded its rating from neutral to buy with a price target of $450, showcasing resilience in the healthcare sector.
  • International Market Volatility: European markets showed mixed results, with Eurozone April retail sales falling 0.4% month-over-month, worse than the expected 0.3%, indicating weak consumer spending that could pressure future economic growth.
NASDAQ.COM
4.5
06-03NASDAQ.COM
US Stock Indices Decline Amid Tensions and Economic Data
  • Market Retreat: On Wednesday, the S&P 500 index fell by 0.74%, the Dow Jones Industrial Average dropped by 1.21%, and the Nasdaq 100 index decreased by 0.29%, indicating market vulnerability amid escalating US-Iran tensions that negatively impacted investor sentiment.
  • Oil Price Surge: WTI crude oil prices rose over 2% to a 1.5-week high following the US interception of Iranian missiles and drones, heightening concerns about Middle Eastern stability and potentially affecting global supply chains and inflation expectations.
  • Strong Employment Data: The US May ADP employment change increased by 122,000, surpassing expectations of 120,000, signaling signs of economic recovery that could support the stock market, although overall market performance remains influenced by other factors.
  • Divergent Tech Stock Performance: While Marvell Technology rose over 3%, software and cybersecurity stocks faced significant declines, with Datadog and IBM dropping more than 6%, reflecting a lack of confidence in the tech sector despite some positive developments.
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
Mizuho
Outperform
to
Neutral
downgrade
$125
AI Analysis
2026-06-02
Reason
Mizuho
Price Target
$125
AI Analysis
2026-06-02
downgrade
Outperform
to
Neutral
Reason
Mizuho downgraded Okta to Neutral from Outperform with a $125 price target.
Mizuho
Gregg Moskowitz
Outperform
to
Neutral
downgrade
$110 -> $125
2026-06-02
Reason
Mizuho
Gregg Moskowitz
Price Target
$110 -> $125
2026-06-02
downgrade
Outperform
to
Neutral
Reason
Mizuho analyst Gregg Moskowitz downgraded Okta to Neutral from Outperform with a price target of $125, up from $110. The company reported "very solid" Q1 results last week and its new agentic products are off to a good start, the analyst tells investors in a research note. Mizuho believes the company is well positioned to capitalize on agentic AI, but says the timing and magnitude "remain big question marks at this early stage." The firm is not convinced Okta can "significantly re-accelerate growth" over the near- to medium-term. With the stock up 48% over the last two sessions and 67% year-to-date, Mizuho finds Okta's valuation as "full at current levels." The stock in premarket trading is down 6%, or $8.39, to $131.40.
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 30.77, compared to its 5-year average forward P/E of -41.99. 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
-41.99
Current PE
30.77
Overvalued PE
136.38
Undervalued PE
-220.35

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
-162.20
Current EV/EBITDA
56.92
Overvalued EV/EBITDA
350.56
Undervalued EV/EBITDA
-674.97

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
8.30
Current PS
5.84
Overvalued PS
14.84
Undervalued PS
1.76

Financials

AI Analysis
Annual
Quarterly

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Whales Holding OKTA

W
Whale Rock Capital Management LLC
Holding
OKTA
+38.28%
3M Return
A
Allianz Global Investors U.S. LLC
Holding
OKTA
+22.78%
3M Return
F
First Trust Advisors L.P.
Holding
OKTA
+21.66%
3M Return
P
Penserra Capital Management LLC
Holding
OKTA
+19.68%
3M Return
S
Summit Trail Advisors, LLC
Holding
OKTA
+16.03%
3M Return
S
Staley Capital Advisers, Inc.
Holding
OKTA
+14.49%
3M Return

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Frequently Asked Questions

What is Okta Inc (OKTA) stock price today?

The current price of OKTA is 117.81 USD — it has increased 4.23

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 765.00M USD, increased 11.19

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

Okta Inc. EPS for the last quarter amounts to 0.43 USD, increased 19.44

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

Okta Inc (OKTA) has 6366 emplpoyees as of June 21 2026.

What is Okta Inc (OKTA) market cap?

Today OKTA has the market capitalization of 20.48B USD.