Okta (OKTA) Stock Overview
Operates as an identity partner in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for OKTA from our risk checks.
OKTA Community Fair Values
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Analyst Price Targets
Top Community Narratives
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Read full narrativeOkta, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$77.75 |
| 52 Week High | US$127.57 |
| 52 Week Low | US$62.66 |
| Beta | 0.59 |
| 1 Month Change | -3.04% |
| 3 Month Change | -6.80% |
| 1 Year Change | -33.59% |
| 3 Year Change | 2.26% |
| 5 Year Change | -67.32% |
| Change since IPO | 230.71% |
Recent News & Updates
OKTA: AI Agent Identity Leadership And Q4 Execution Will Drive Repricing
The analyst price target for Okta has been adjusted slightly lower to reflect a new fair value of about $100.28 per share, as analysts balance modestly higher discount rate assumptions with supportive research that highlights solid Q4 execution, improving go-to-market progress, and growing interest in Okta's role in securing AI agents. Analyst Commentary Recent research on Okta offers a mix of optimism and caution, with many firms adjusting price targets while reaffirming their broader views on the company.OKTA: AI Agent Identity Demand And 90 Day Catalyst Watch Will Drive Repricing
Narrative Update On Okta The analyst price target has been reset from about $112.55 to roughly $100.93, as analysts factor in mixed target revisions across the Street alongside expectations for steadier revenue growth, slightly higher margins, and a lower future P/E multiple following Okta's recent Q4 results and its AI identity positioning. Analyst Commentary Street research on Okta clusters around two themes: how fast growth can improve from here, and what investors should pay for that growth as market multiples reset.Recent updates
OKTA: AI Agent Identity Leadership And Q4 Execution Will Drive Repricing
The analyst price target for Okta has been adjusted slightly lower to reflect a new fair value of about $100.28 per share, as analysts balance modestly higher discount rate assumptions with supportive research that highlights solid Q4 execution, improving go-to-market progress, and growing interest in Okta's role in securing AI agents. Analyst Commentary Recent research on Okta offers a mix of optimism and caution, with many firms adjusting price targets while reaffirming their broader views on the company.OKTA: AI Agent Identity Demand And 90 Day Catalyst Watch Will Drive Repricing
Narrative Update On Okta The analyst price target has been reset from about $112.55 to roughly $100.93, as analysts factor in mixed target revisions across the Street alongside expectations for steadier revenue growth, slightly higher margins, and a lower future P/E multiple following Okta's recent Q4 results and its AI identity positioning. Analyst Commentary Street research on Okta clusters around two themes: how fast growth can improve from here, and what investors should pay for that growth as market multiples reset.Okta: How Agentic AI May Drive The Next Age Of Growth And Profits
Apr 06
OKTA: Identity Securing AI Agents Will Drive Future Upside
Okta's analyst price target edges slightly lower to $133.38 from $133.87, as analysts weigh stronger identity and AI agent tailwinds and improving go to market execution against lower sector multiples and more tempered valuation assumptions. Analyst Commentary Bullish analysts are highlighting a mix of execution, product traction, and identity led AI themes as key supports for their positive stance on Okta, even as several firms trim targets to reflect lower sector multiples.OKTA: Identity For AI Agents And Strong Q4 Execution Will Drive Upside
The analyst fair value estimate for Okta has moved from $145.00 to about $133.87, reflecting a mix of slightly softer modeled revenue growth, a higher discount rate, and lower assumed future P/E multiples, even as analysts highlight solid Q4 execution, growing traction in AI agent use cases, and ongoing confidence in identity as a core part of AI adoption. Analyst Commentary Street research around Okta after the Q4 print has been broadly constructive, even with several target cuts, as many firms point to solid execution, improving sales productivity, and growing demand tied to AI agents and newer products such as Governance.OKTA: Cybersecurity Demand And 90 Day Catalyst Watch Will Drive Repricing
Analysts have slightly reduced their Okta fair value estimate by about $1 to $112.55, as lower sector valuation multiples and AI related sentiment have led to lower price targets, even though checks on Okta's business and profitability assumptions remain generally intact. Analyst Commentary Recent research on Okta reflects a mix of optimism about the company’s execution and caution around sector wide repricing and AI related sentiment.OKTA: Cybersecurity Demand And 90 Day Bookings Catalyst Will Drive Upside
Analysts have lifted their fair value estimate for Okta from $142 to $145, citing expectations for durable cybersecurity growth, a potential 90 day bookings catalyst, and scenario analysis around remaining performance obligation trends that affects revenue and P/E assumptions. Analyst Commentary Recent Street research on Okta highlights a mix of optimism and caution, with several bullish analysts pointing to potential upside tied to cybersecurity demand, bookings performance, and remaining performance obligation trends that flow through to revenue and P/E assumptions.OKTA: Cybersecurity Demand And 90 Day Catalyst Watch Will Support Premium Performance
Narrative Update on Okta Our analyst price target for Okta edges higher by about US$1, supported by slightly lower discount rate assumptions and steady growth and profitability expectations that align with recent research pointing to durable cybersecurity demand and potential near term bookings strength. Analyst Commentary Recent Street research on Okta reflects a mix of optimism about growth and execution along with caution around near term expectations and valuation sensitivity ahead of key earnings events.OKTA: Future Identity Demand And RPO Resilience Will Support Premium Performance
Our analyst price target for Okta has been adjusted slightly higher from US$112.62 to US$113.02, as analysts factor in more measured expectations around remaining performance obligation growth following Barclays' recent reduction of its target to US$95 ahead of the December 2 earnings report. Analyst Commentary Recent adjustments to Okta’s price targets reflect a more cautious stance around growth expectations, especially heading into the December 2 earnings report.OKTA: Future Identity Demand And Data Compliance Will Drive Premium Performance
Narrative Update on Okta The analyst price target for Okta has been reduced by $1 to approximately $112.62 as analysts factor in slightly higher discount rates and more conservative assumptions around remaining performance obligation growth ahead of upcoming earnings. Analyst Commentary Recent commentary reflects a more balanced stance on Okta, with modestly reduced expectations for near term growth but a continued focus on execution into the upcoming earnings report.OKTA: Future Identity Data Compliance And AI Security Will Drive Performance
Analysts have modestly reduced their price target on Okta, trimming fair value estimates by about $7 to reflect slightly slower projected revenue growth and a lower future earnings multiple, even as profit margin expectations edge higher. Analyst Commentary Bullish Takeaways Bullish analysts note that management's guidance still implies solid mid-teens top-line expansion over the medium term, which supports a premium to slower-growing security peers despite the lower price target.Solid Earnings Reflect Okta's (NASDAQ:OKTA) Strength As A Business
Dec 10
OKTA: Future Performance Will Benefit From Growing Identity Data Compliance Demand
Narrative Update on Okta Analysts have slightly reduced Okta's fair value estimate from $120.37 to $118.80, citing moderated expectations for the company's near-term growth and updated revenue forecasts. Analyst Commentary Bullish Takeaways Bullish analysts see the potential for upside in Okta’s remaining performance obligations, suggesting that third quarter growth could reach 13 percent year-over-year if demand outperforms baseline assumptions.Cloud Migration And AI Security Will Reshape Identity Markets
Despite strong Q2 results and improved guidance driven by robust demand and enterprise traction, mixed analyst sentiment—balancing enhanced profitability with caution around long-term growth and valuation—led to a slight reduction in Okta’s consensus price target from $120.92 to $120.37. Analyst Commentary Strong Q2 results with cRPO growth exceeding guidance and upward revisions to full-year revenue outlook, suggesting robust underlying demand and improved execution.Is Okta, Inc. (NASDAQ:OKTA) Trading At A 31% Discount?
Jun 16Digital Transformation And AI Will Advance Identity Security
Rising demand for secure, unified identity management fueled by AI, remote work, and growing cybersecurity threats is driving Okta's growth and competitive differentiation.Okta, Inc.'s (NASDAQ:OKTA) 32% Price Boost Is Out Of Tune With Revenues
May 09Okta: Market Doesn't Believe Management, But You Should (Rating Downgrade)
Apr 16Okta: Death And Resurrection
Mar 31Okta: A Cash-Rich SaaS Stock With Underrated Growth Potential
Mar 12Okta Q4: Enterprise Business Is Booming, Even Management Is Surprised
Mar 04Okta: Cybersecurity Leader In IAM Submarket
Jan 31
Good foundation, but now it's all about the next steps
Okta was founded in 2009 by Todd McKinnon (CEO) and Frederic Kerrest with a vision to fundamentally improve the world of identity and access management (IAM). The company has established itself in a hOkta: Mind The GAAP
Jan 15Okta's Breakout Imminent - Wait Out The Near-Term Customer Retention Issues
Dec 30Okta: You Should Be Thankful It's Still So Cheap
Dec 16Okta: Growth Outlook Has Gotten Better
Dec 10Okta Earnings: Conservative Guidance Leaves Room For Upside
Dec 04Okta: The Underdog's Advantage
Nov 07Shareholder Returns
| OKTA | US IT | US Market | |
|---|---|---|---|
| 7D | 2.0% | 3.6% | 0.6% |
| 1Y | -33.6% | -1.5% | 28.4% |
Return vs Industry: OKTA underperformed the US IT industry which returned -1.5% over the past year.
Return vs Market: OKTA underperformed the US Market which returned 28.4% over the past year.
Price Volatility
| OKTA volatility | |
|---|---|
| OKTA Average Weekly Movement | 8.7% |
| IT Industry Average Movement | 9.5% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: OKTA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: OKTA's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 6,366 | Todd McKinnon | www.okta.com |
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.
Okta, Inc. Fundamentals Summary
| OKTA fundamental statistics | |
|---|---|
| Market cap | US$13.66b |
| Earnings (TTM) | US$235.00m |
| Revenue (TTM) | US$2.92b |
Is OKTA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKTA income statement (TTM) | |
|---|---|
| Revenue | US$2.92b |
| Cost of Revenue | US$661.00m |
| Gross Profit | US$2.26b |
| Other Expenses | US$2.02b |
| Earnings | US$235.00m |
Last Reported Earnings
Jan 31, 2026
Next Earnings Date
May 28, 2026
| Earnings per share (EPS) | 1.33 |
| Gross Margin | 77.36% |
| Net Profit Margin | 8.05% |
| Debt/Equity Ratio | 5.0% |
How did OKTA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/05 21:55 |
| End of Day Share Price | 2026/05/05 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Okta, Inc. is covered by 61 analysts. 43 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ellie Bagshaw | Arete Research Services LLP |
| Shrenik Kothari | Baird |
| Saket Kalia | Barclays |