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

Okta, Inc. Street Expectations Map

OKTA ยท NASDAQ

Wall Street analysts project that OKTA stock may decline over the coming 12 months. The consensus 1-year price target stands at 108.35, with estimates ranging from a low of 60.00 to a high of 134.00.

Lowest Target
60.00
-51.87%
Consensus Target
108.35
-13.08%
Highest Target
134.00
7.50%

The consensus 1-year price target stands at 108.35, with estimates ranging from a low of 60.00 to a high of 134.00.

Analyst Consensus Analysis

Upside Potential

-13.1%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

68.3% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Risk-Reward Profile

0.14x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Okta, Inc. Forward Estimates of Revenue

OKTA ยท NASDAQ
Latest Revenue
2.92B
FY 2026
Avg Estimate
3.17B
FY 2027
Estimate Range
3.15B - 3.19B
Analyst Spread

Forward Growth Analysis

Projected Growth+8.7%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage32 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Okta, Inc. Forward Estimates of Net Income

OKTA ยท NASDAQ
Latest Net Income
235.00M
FY 2026
Avg Estimate
645.77M
FY 2027
Estimate Range
618.53M - 673.00M
Analyst Spread

Forward Growth Analysis

Projected Growth+174.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage32 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Okta, Inc. Forward Estimates of EPS

OKTA ยท NASDAQ
Latest EPS
1.34
FY 2026
Avg Estimate
$3.65
FY 2027
Estimate Range
$3.53 - $3.84
Analyst Spread

Forward Growth Analysis

Projected Growth+172.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage24 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread9%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Okta, Inc. Forward Estimates of EBIT

OKTA ยท NASDAQ
Latest EBIT
153.00M
FY 2026
Avg Estimate
-866.88M
FY 2027
Estimate Range
-872.35M - -861.41M
Analyst Spread

Forward Growth Analysis

Projected Growth-666.6%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage32 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Okta, Inc. Forward Estimates of EBITDA

OKTA ยท NASDAQ
Latest EBITDA
249.00M
FY 2026
Avg Estimate
-702.15M
FY 2027
Estimate Range
-706.58M - -697.72M
Analyst Spread

Forward Growth Analysis

Projected Growth-382.0%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage32 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Okta, Inc. Forward Estimates of SG&A Expense

OKTA ยท NASDAQ
Latest SG&A Expense
1.47B
FY 2026
Avg Estimate
2.31B
FY 2027
Estimate Range
2.29B - 2.32B
Analyst Spread

Forward Growth Analysis

Projected Growth+57.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage32 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

okta

Okta, Inc. Insider Positioning

OKTA ยท NASDAQ

During the last 12 months, insiders have purchased $80K and sold $12.07M worth of OKTA shares, resulting in $11.99M of net selling activity.

3 Months

Bought

1.1K

79.71K

Sold

35.3K

2.81M

Net Activity

-2.7M

-$2.73M

3-6 Months

Bought

0

0.00

Sold

25.7K

2.34M

Net Activity

-2.3M

-$2.34M

6-9 Months

Bought

0

0.00

Sold

22.7K

2.11M

Net Activity

-2.1M

-$2.11M

9-12 Months

Bought

0

0.00

Sold

50.0K

4.80M

Net Activity

-4.8M

-$4.80M

Top Buyers

1
SD

Schellhase David

Director

1.1K sharesโ€ข1 transactions

$80K

Top Sellers

1
TB

Tighe Brett

Officer: Chief Financial Officer

30.0K sharesโ€ข3 transactions

$2.85M

2
KER

Kelleher Eric Robert

Officer: See Remarks

33.5K sharesโ€ข7 transactions

$2.84M

3
MT

Mckinnon Todd

Director, Officer: Chief Executive Officer

26.9K sharesโ€ข3 transactions

$2.54M

4
AJJ

Addison Jonathan James

Officer: Chief Revenue Officer

19.5K sharesโ€ข5 transactions

$1.77M

5
SL

Schwartz Larissa

Officer: See Remarks

19.8K sharesโ€ข11 transactions

$1.72M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $11.99M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.01:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$2.73M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.