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Okta, Inc. (OKTA)

170.60 +0.18 (+0.11%)
At close: September 4 at 4:00:00 PM EDT
170.85 +0.25 (+0.15%)
After hours: September 4 at 7:59:47 PM EDT
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What's happening with OKTA?

24m ago
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Okta's stock has more than doubled in 2026, driven by strong fiscal Q2 results and increasing demand for AI-driven identity solutions. Analysts are optimistic, raising price targets as the company capitalizes on AI opportunities, despite facing market volatility due to external economic pressures.

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  • Previous Close 170.42
  • Open 168.38
  • Bid 163.40 x 100
  • Ask 178.40 x 100
  • Day's Range 167.56 - 172.95
  • 52 Week Range 62.66 - 174.85
  • Volume 2,310,338
  • Avg. Volume 3,360,077
  • Market Cap (intraday) 29.824B
  • Beta (5Y Monthly) 0.79
  • PE Ratio (TTM) 103.39
  • EPS (TTM) 1.65
  • Earnings Date Aug 26, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 182.37

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 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

OKTA
97.29%
S&P 500 (^GSPC)
12.75%

1-Year Return

OKTA
90.10%
S&P 500 (^GSPC)
18.71%

3-Year Return

OKTA
98.00%
S&P 500 (^GSPC)
70.93%

5-Year Return

OKTA
36.91%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY27
Revenue 765M
Earnings 74M
Profit Margin 9.67%

Q3

FY26

Q4

FY26

Q1

FY27

0
200M
400M
600M
6.0%
7.0%
8.0%
9.0%

Analyst Insights

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Analyst Price Targets

127.00 Low
182.37 Average
170.60 Current
203.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/28/2026
Analyst Susquehanna
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 110 -> 185

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • 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)

    1.65

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.3B

  • Total Debt/Equity (mrq)

    0.76%

  • Levered Free Cash Flow (ttm)

    1.04B

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