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Okta (OKTA) Stock Price, News & Analysis

Okta logo
$99.97 +1.54 (+1.56%)
As of 06/30/2025 04:00 PM Eastern

About Okta Stock (NASDAQ:OKTA)

Key Stats

Today's Range
$98.45
$100.60
50-Day Range
$94.33
$127.30
52-Week Range
$70.56
$127.57
Volume
2.86 million shs
Average Volume
3.07 million shs
Market Capitalization
$17.50 billion
P/E Ratio
158.69
Dividend Yield
N/A
Price Target
$121.59
Consensus Rating
Moderate Buy

Company Overview

Okta, Inc. is a leading provider of identity and access management solutions designed to help organizations secure and streamline digital interactions. Founded in 2009 by Todd McKinnon and Frederic Kerrest, the company has built a cloud-native platform that enables businesses to manage user authentication, authorization, and lifecycle processes across a wide range of applications and devices. With its core modules—Single Sign-On, Multi-Factor Authentication, and Lifecycle Management—Okta helps enterprises ensure that the right individuals have appropriate access to corporate resources while maintaining robust security controls.

Over the years, Okta has expanded its portfolio to address the evolving needs of hybrid IT environments. Its API Access Management service allows developers to secure and manage the flow of data between services, while the Access Gateway extends Okta’s identity services to on-premises applications. In 2021, Okta completed its acquisition of Auth0, a developer-centric identity platform, further enhancing its capabilities in customer identity and access management (CIAM). These complementary technologies support organizations in implementing seamless user experiences and consistent security policies across both employee and customer-facing systems.

Headquartered in San Francisco, California, Okta serves thousands of customers across more than 175 countries, spanning industries such as financial services, healthcare, education, and public sector. The company operates a global network of data centers to deliver high availability and low-latency access for geographically dispersed users. Okta’s solutions integrate with a broad ecosystem of on-premises and cloud-based applications, including major SaaS offerings and custom-developed software, enabling enterprises to centralize identity management without disrupting existing workflows.

Okta’s leadership team, led by co-founder and Chief Executive Officer Todd McKinnon, emphasizes innovation and customer success as key drivers of its growth. Frederic Kerrest, co-founder and Chief Operating Officer, oversees strategic partnerships and product development, while a seasoned executive team manages global sales, engineering, and support functions. Through continued investment in research and development, Okta aims to address emerging security challenges such as zero-trust adoption, identity governance, and the secure integration of artificial intelligence into enterprise environments.

AI Generated. May Contain Errors.

Okta Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
93rd Percentile Overall Score

OKTA MarketRank™: 

Okta scored higher than 93% of companies evaluated by MarketBeat, and ranked 64th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Okta has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 20 buy ratings, 14 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Okta has been the subject of 23 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Okta's stock forecast and price target.
  • Earnings Growth

    Earnings for Okta are expected to grow by 47.62% in the coming year, from $0.42 to $0.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Okta is 158.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.88.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Okta is 158.69, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 35.84.

  • Price to Earnings Growth Ratio

    Okta has a PEG Ratio of 4.76. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Okta has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Okta's valuation and earnings.
  • Percentage of Shares Shorted

    4.23% of the float of Okta has been sold short.
  • Short Interest Ratio / Days to Cover

    Okta has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okta has recently increased by 9.23%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Okta does not currently pay a dividend.

  • Dividend Growth

    Okta does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.23% of the float of Okta has been sold short.
  • Short Interest Ratio / Days to Cover

    Okta has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Okta has recently increased by 9.23%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Okta has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 35 news articles for Okta this week, compared to 22 articles on an average week.
  • Search Interest

    88 people have searched for OKTA on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.
  • MarketBeat Follows

    30 people have added Okta to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Okta insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,100,347.00 in company stock.

  • Percentage Held by Insiders

    Only 5.68% of the stock of Okta is held by insiders.

  • Percentage Held by Institutions

    86.64% of the stock of Okta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Okta's insider trading history.
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OKTA Stock News Headlines

Immersive padlock cybersecurity interface with computer virus alert, fingerprint, computer bug icons over blurry night city background. Concept of data protection and smart city — Photo
Cybersecurity Confidence: 3 of the Market's Most Upgraded Stocks (OKTA)
Cybersecurity stocks have been some of the best performers in 2025. Analysts continue to see upside ahead, upgrading these names like it's going out of style.
The $100 Trillion AI Story No One Is Telling You
Jeff Brown recently traveled to a ghost town in the middle of an American desert… To investigate what could be the biggest technology story of this decade. In short, he believes what he's holding in his hand is the key to the $100 trillion AI boom… And only one company here in the U.S. can mine this obscure metal.
Financial markets news icon
MarketBeat Week in Review – 06/02 - 06/06 (OKTA)
Stocks got a boost from a better-than-expected Jobs report that shows the economy is still growing; next week will bring the latest read on inflation...
Penny Stocks Flying High slot machine - This image is an original composition by MarketBeat using licensed and editorial elements. Not for redistribution or reuse.
3 Penny Stocks Analysts Believe Are Headed Higher (OKTA)
These three penny stocks have seen significant moves higher recently, but each has significant catalysts backed by analyst sentiment to move them higher...
Okta: Fairly Valued After The Dip, But No Catalyst Yet
Okta: There's Fear On The Street - Buy It (Rating Upgrade)
See More Headlines

OKTA Stock Analysis - Frequently Asked Questions

Okta's stock was trading at $78.80 on January 1st, 2025. Since then, OKTA shares have increased by 26.9% and is now trading at $99.97.
View the best growth stocks for 2025 here
.

Okta, Inc. (NASDAQ:OKTA) posted its quarterly earnings data on Tuesday, May, 27th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.09. The firm's revenue was up 11.5% on a year-over-year basis.
Read the conference call transcript
.

Okta subsidiaries include Azuqua, Workflow Automation, ScaleFT, Stormpath, SpydrSafe Mobile Security, Azuqua Inc., Okta Australia Pty Limited, and more.

Okta (OKTA) raised $154 million in an IPO on Friday, April 7th 2017. The company issued 11,000,000 shares at a price of $13.00-$15.00 per share. Goldman, Sachs, J.P. Morgan Securities and Allen & Company acted as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets), Canaccord Genuity and JMP Securities were co-managers.

Shares of OKTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Okta investors own include Digital Turbine (APPS), CrowdStrike (CRWD), SoFi Technologies (SOFI), Archer Aviation (ACHR) and ChargePoint (CHPT).

Company Calendar

Last Earnings
5/27/2025
Today
6/30/2025
Next Earnings (Estimated)
8/27/2025
Fiscal Year End
1/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OKTA
Fax
N/A
Employees
6,010
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$121.59
High Stock Price Target
$140.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+21.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
35 Analysts

Profitability

Trailing P/E Ratio
158.69
Forward P/E Ratio
238.02
P/E Growth
4.76
Net Income
$28 million
Pretax Margin
5.07%

Debt

Sales & Book Value

Annual Sales
$2.61 billion
Cash Flow
$1.79 per share
Price / Cash Flow
56.00
Book Value
$36.89 per share
Price / Book
2.71

Miscellaneous

Free Float
165,129,000
Market Cap
$17.50 billion
Optionable
Optionable
Beta
0.84

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This page (NASDAQ:OKTA) was last updated on 7/1/2025 by MarketBeat.com Staff
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