Okta, Inc.

Okta, Inc.

OKTAยทNASDAQ

$124.65

-7.9%
TechnologySoftware - Infrastructure

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It 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.

At a Glance

Live Snapshot
Market Cap$20.90B
EPS1.3400
P/E Ratio93.02
Earnings Date08/25/2026
Okta, Inc.

Okta, Inc. Fair Value Envelope

OKTA ยท NASDAQ

Our analysis suggests that OKTA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $124.65, this represents a potential HIDDEN relative to our calculated worth for Okta, Inc..

Intrinsic Value
Current Price: $124.65

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$82.6B
+ Cash & Equivalents$858.0M
Firm Value$83.5B
- Debt$422.0M
Equity Value$83.1B
/ Shares Outstanding168,459,019B
DCF Value$493
UNDERVALUED BY 296%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.1B
$1.4B
$1.7B
$2.2B
$2.7B
$3.3B
$4.1B
$5.1B
$6.3B
$7.8B
Maintenance CapEx
-$2.2M
-$2.8M
-$3.4M
-$4.3M
-$5.3M
-$6.5M
-$8.1M
-$10.0M
-$12.5M
-$15.4M
Owner Earnings
$1.1B
$1.4B
$1.7B
$2.2B
$2.7B
$3.3B
$4.1B
$5.1B
$6.3B
$7.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.0B
$1.2B
$1.4B
$1.6B
$1.8B
$2.1B
$2.4B
$2.7B
$3.2B
$3.6B
Terminal Value represents 74.5% of Enterprise Value