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Okta, Inc. (OKTA)

92.22 -1.49 (-1.59%)
As of 1:04 PM EDT. Market Open.
Loading Chart for OKTA
DELL
  • Previous Close 93.71
  • Open 93.27
  • Bid 92.16 x 100
  • Ask 92.34 x 300
  • Day's Range 91.48 - 94.25
  • 52 Week Range 65.04 - 114.50
  • Volume 372,274
  • Avg. Volume 2,080,730
  • Market Cap (intraday) 15.437B
  • Beta (5Y Monthly) 0.96
  • PE Ratio (TTM) --
  • EPS (TTM) -2.17
  • Earnings Date May 29, 2024 - Jun 3, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 113.83

Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

www.okta.com

5,908

Full Time Employees

January 31

Fiscal Year Ends

Recent News: OKTA

Performance Overview: OKTA

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

OKTA
1.87%
S&P 500
4.59%

1-Year Return

OKTA
18.52%
S&P 500
20.07%

3-Year Return

OKTA
65.84%
S&P 500
19.19%

5-Year Return

OKTA
0.30%
S&P 500
71.73%

Compare To: OKTA

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: OKTA

Valuation Measures

As of 4/18/2024
  • Market Cap

    15.69B

  • Enterprise Value

    14.78B

  • Trailing P/E

    --

  • Forward P/E

    41.32

  • PEG Ratio (5yr expected)

    1.65

  • Price/Sales (ttm)

    6.78

  • Price/Book (mrq)

    2.66

  • Enterprise Value/Revenue

    6.53

  • Enterprise Value/EBITDA

    -60.33

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -15.69%

  • Return on Assets (ttm)

    -3.14%

  • Return on Equity (ttm)

    -6.25%

  • Revenue (ttm)

    2.26B

  • Net Income Avi to Common (ttm)

    -355M

  • Diluted EPS (ttm)

    -2.17

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.2B

  • Total Debt/Equity (mrq)

    22.03%

  • Levered Free Cash Flow (ttm)

    747.5M

Research Analysis: OKTA

Analyst Price Targets

81.14 Low
113.83 Average
92.22 Current
140.00 High
 

Fair Value

Overvalued
% Return
92.22 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: OKTA

  • Analyst Report: Okta, Inc.

    Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta’s workforce offerings enable a company’s employees to securely access its cloud-based and on-premises resources. The firm’s customer offerings allow its clients’ customers to securely access the client’s applications.

    Rating
    Neutral
    Price Target
     
  • Analyst Report: Okta, Inc.

    Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta’s workforce offerings enable a company’s employees to securely access its cloud-based and on-premises resources. The firm’s customer offerings allow its clients’ customers to securely access the client’s applications.

    Rating
    Neutral
    Price Target
     
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