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Okta, Inc. (OKTA)

222.66 -3.41 (-1.51%)
At close: October 28 at 4:00:00 PM EDT
205.95 -16.71 (-7.50%)
Pre-Market: 8:06:51 AM EDT
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What's happening with OKTA?

5m ago
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Okta is attracting attention from two forces: stronger cybersecurity spending and demand for identity controls supporting enterprise artificial intelligence agents. The company also shows substantial cash generation, while valuation and competition remain central risks ahead of its next quarterly report.

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  • Previous Close 226.07
  • Open 225.57
  • Bid 213.75 x 100
  • Ask 234.90 x 100
  • Day's Range 221.27 - 228.72
  • 52 Week Range 62.66 - 235.00
  • Volume 2,280,084
  • Avg. Volume 3,554,565
  • Market Cap (intraday) 38.926B
  • Beta (5Y Monthly) 0.73
  • PE Ratio (TTM) 134.13
  • EPS (TTM) 1.66
  • Earnings Date Dec 1, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 214.72
  • Morningstar Rating Rating available with Stock Picks access

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform's secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

www.okta.com

6,366

Full Time Employees

January 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

OKTA
157.50%
S&P 500 (^GSPC)
13.13%

1-Year Return

OKTA
149.31%
S&P 500 (^GSPC)
12.38%

3-Year Return

OKTA
231.93%
S&P 500 (^GSPC)
88.08%

5-Year Return

OKTA
8.98%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY27
Revenue 805M
Earnings 116M
Profit Margin 14.41%

Q3

FY26

Q4

FY26

Q1

FY27

Q2

FY27

0
200M
400M
600M
800M
6.0%
8.0%
10.0%
12.0%
14.0%

Analyst Insights

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Analyst Price Targets

127.00 Low
214.72 Average
222.66 Current
250.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/15/2026
Analyst Citigroup
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 205 -> 215

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.63%

  • Return on Assets (ttm)

    1.58%

  • Return on Equity (ttm)

    4.31%

  • Revenue (ttm)

    3.07B

  • Net Income Avi to Common (ttm)

    296M

  • Diluted EPS (ttm)

    1.66

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.3B

  • Total Debt/Equity (mrq)

    0.76%

  • Levered Free Cash Flow (ttm)

    1.04B

Company Insights

Research Reports

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