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Technology - Software - Infrastructure - NASDAQ - US
$ 73.66
-4.25 %
$ 12.5 B
Market Cap
-90.94
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one OKTA stock under the base case scenario is HIDDEN Compared to the current market price of 73.7 USD, Okta, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart OKTA

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FINANCIALS
2.26 B REVENUE
21.80%
-460 M OPERATING INCOME
41.25%
-355 M NET INCOME
56.44%
512 M OPERATING CASH FLOW
495.35%
441 M INVESTING CASH FLOW
439.23%
-883 M FINANCING CASH FLOW
-1839.58%
646 M REVENUE
4.70%
-19 M OPERATING INCOME
59.57%
29 M NET INCOME
172.50%
86 M OPERATING CASH FLOW
-60.73%
156 M INVESTING CASH FLOW
180.41%
-50 M FINANCING CASH FLOW
-35.14%
Balance Sheet Decomposition Okta, Inc.
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Current Assets 2.98 B
Cash & Short-Term Investments 2.2 B
Receivables 559 M
Other Current Assets 219 M
Non-Current Assets 6.01 B
Long-Term Investments 26 M
PP&E 131 M
Other Non-Current Assets 5.85 B
Current Liabilities 1.78 B
Accounts Payable 12 M
Short-Term Debt 31 M
Other Current Liabilities 1.74 B
Non-Current Liabilities 1.32 B
Long-Term Debt 1.38 B
Other Non-Current Liabilities -59 M
EFFICIENCY
Earnings Waterfall Okta, Inc.
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Revenue 2.26 B
Cost Of Revenue 581 M
Gross Profit 1.68 B
Operating Expenses 2.14 B
Operating Income -460 M
Other Expenses -105 M
Net Income -355 M
RATIOS
74.33% GROSS MARGIN
74.33%
-20.33% OPERATING MARGIN
-20.33%
-15.69% NET MARGIN
-15.69%
-6.03% ROE
-6.03%
-3.95% ROA
-3.95%
-6.77% ROIC
-6.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Okta, Inc.
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Net Income -355 M
Depreciation & Amortization 84 M
Capital Expenditures -24 M
Stock-Based Compensation 684 M
Change in Working Capital 54 M
Others 172 M
Free Cash Flow 488 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Okta, Inc.
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Wall Street analysts predict an average 1-year price target for OKTA of $101 , with forecasts ranging from a low of $70 to a high of $130 .
OKTA Lowest Price Target Wall Street Target
70 USD -4.97%
OKTA Average Price Target Wall Street Target
101 USD 37.52%
OKTA Highest Price Target Wall Street Target
130 USD 76.49%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Okta, Inc.
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Sold
0-3 MONTHS
35.7 M USD 3
3-6 MONTHS
34.4 M USD 3
6-9 MONTHS
1.21 M USD 2
9-12 MONTHS
1.63 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 04, 2024
Sell 200 K USD
Schwartz Larissa
See Remarks
- 2791
71.5 USD
4 weeks ago
Oct 18, 2024
Sell 16.6 M USD
McKinnon Todd
Chief Executive Officer
- 222637
74.6203 USD
4 weeks ago
Oct 18, 2024
Sell 142 K USD
McKinnon Todd
Chief Executive Officer
- 1896
75.0621 USD
1 month ago
Oct 14, 2024
Sell 718 K USD
Addison Jonathan James
Chief Revenue Officer
- 9250
77.5931 USD
1 month ago
Oct 14, 2024
Sell 46.9 K USD
Addison Jonathan James
Chief Revenue Officer
- 600
78.1867 USD
1 month ago
Oct 14, 2024
Sell 217 K USD
Schwartz Larissa
See Remarks
- 2797
77.63 USD
1 month ago
Sep 20, 2024
Sell 8.89 M USD
McKinnon Todd
Chief Executive Officer
- 118614
74.9681 USD
1 month ago
Sep 20, 2024
Sell 6.19 M USD
McKinnon Todd
Chief Executive Officer
- 81898
75.5579 USD
1 month ago
Sep 23, 2024
Sell 2.48 M USD
McKinnon Todd
Chief Executive Officer
- 32516
76.222 USD
2 months ago
Sep 16, 2024
Sell 206 K USD
Schwartz Larissa
See Remarks
- 2790
74.01 USD
3 months ago
Aug 13, 2024
Sell 257 K USD
Schwartz Larissa
See Remarks
- 2795
92.02 USD
3 months ago
Jul 19, 2024
Sell 12.2 M USD
McKinnon Todd
Chief Executive Officer
- 130896
93.2623 USD
3 months ago
Jul 19, 2024
Sell 4.56 M USD
McKinnon Todd
Chief Executive Officer
- 48618
93.8498 USD
3 months ago
Jul 19, 2024
Sell 16.4 K USD
McKinnon Todd
Chief Executive Officer
- 173
94.73 USD
3 months ago
Jul 22, 2024
Sell 6.08 M USD
McKinnon Todd
Chief Executive Officer
- 64199
94.7308 USD
3 months ago
Jul 22, 2024
Sell 2.3 M USD
McKinnon Todd
Chief Executive Officer
- 24203
95.1152 USD
3 months ago
Jul 22, 2024
Sell 418 K USD
McKinnon Todd
Chief Executive Officer
- 4327
96.5536 USD
4 months ago
Jul 16, 2024
Sell 278 K USD
Schwartz Larissa
See Remarks
- 2792
99.4 USD
4 months ago
Jul 16, 2024
Sell 2.67 M USD
Kerrest Jacques Frederic
Director
- 26618
100.2869 USD
4 months ago
Jul 05, 2024
Sell 1.61 M USD
Kerrest Jacques Frederic
Director
- 16783
95.836 USD
4 months ago
Jul 05, 2024
Sell 1.72 M USD
Kerrest Jacques Frederic
Director
- 17837
96.2409 USD
4 months ago
Jul 02, 2024
Sell 314 K USD
Kerrest Jacques Frederic
Director
- 3280
95.6369 USD
4 months ago
Jun 28, 2024
Sell 200 K USD
Kerrest Jacques Frederic
Director
- 2100
95.1213 USD
4 months ago
Jun 20, 2024
Sell 109 K USD
Kerrest Jacques Frederic
Director
- 1252
86.8219 USD
4 months ago
Jun 20, 2024
Sell 26.3 K USD
Kerrest Jacques Frederic
Director
- 300
87.6951 USD
5 months ago
Jun 10, 2024
Sell 1.22 M USD
Kerrest Jacques Frederic
Director
- 14010
86.9578 USD
5 months ago
Jun 10, 2024
Sell 428 K USD
Kerrest Jacques Frederic
Director
- 4868
87.8611 USD
7 months ago
Mar 19, 2024
Sell 446 K USD
Ninan Shibu
Chief Accounting Officer
- 4279
104.14 USD
8 months ago
Mar 14, 2024
Sell 387 K USD
ARCHAMBEAU SHELLYE L
Director
- 3633
106.6164 USD
8 months ago
Mar 14, 2024
Sell 104 K USD
ARCHAMBEAU SHELLYE L
Director
- 971
107.5303 USD
8 months ago
Mar 14, 2024
Sell 41.5 K USD
ARCHAMBEAU SHELLYE L
Director
- 382
108.7137 USD
8 months ago
Mar 14, 2024
Sell 1.53 K USD
ARCHAMBEAU SHELLYE L
Director
- 14
109.59 USD
9 months ago
Feb 16, 2024
Sell 226 K USD
Ninan Shibu
Chief Accounting Officer
- 2500
90.23 USD
10 months ago
Jan 16, 2024
Sell 72.2 K USD
Schwartz Larissa
See Remarks
- 872
82.83 USD
11 months ago
Dec 18, 2023
Sell 209 K USD
Tighe Brett
Chief Financial Officer
- 2510
83.3306 USD
11 months ago
Dec 18, 2023
Sell 157 K USD
Tighe Brett
Chief Financial Officer
- 1889
83.3306 USD
11 months ago
Dec 18, 2023
Sell 7.58 K USD
Tighe Brett
Chief Financial Officer
- 91
83.3306 USD
11 months ago
Dec 18, 2023
Sell 15.6 K USD
Tighe Brett
Chief Financial Officer
- 187
83.3306 USD
11 months ago
Dec 18, 2023
Sell 11.6 K USD
Tighe Brett
Chief Financial Officer
- 139
83.3306 USD
11 months ago
Dec 18, 2023
Sell 186 K USD
Schwartz Larissa
See Remarks
- 2233
83.3306 USD
11 months ago
Dec 18, 2023
Sell 4.58 K USD
Schwartz Larissa
See Remarks
- 55
83.3306 USD
11 months ago
Dec 18, 2023
Sell 13.2 K USD
Schwartz Larissa
See Remarks
- 159
83.3306 USD
11 months ago
Dec 18, 2023
Sell 7.08 K USD
Schwartz Larissa
See Remarks
- 85
83.3306 USD
11 months ago
Dec 18, 2023
Sell 4.42 K USD
Schwartz Larissa
See Remarks
- 53
83.3306 USD
11 months ago
Dec 18, 2023
Sell 7.5 K USD
Schwartz Larissa
See Remarks
- 90
83.3306 USD
11 months ago
Dec 18, 2023
Sell 23.3 K USD
Ninan Shibu
Chief Accounting Officer
- 280
83.3306 USD
11 months ago
Dec 18, 2023
Sell 72 K USD
Ninan Shibu
Chief Accounting Officer
- 864
83.3306 USD
11 months ago
Dec 18, 2023
Sell 440 K USD
McKinnon Todd
Chief Executive Officer
- 5275
83.3306 USD
11 months ago
Dec 18, 2023
Sell 70.6 K USD
McKinnon Todd
Chief Executive Officer
- 847
83.3306 USD
11 months ago
Dec 18, 2023
Sell 111 K USD
McKinnon Todd
Chief Executive Officer
- 1327
83.3306 USD
11 months ago
Dec 18, 2023
Sell 23.5 K USD
Kerrest Jacques Frederic
Director
- 282
83.3306 USD
11 months ago
Dec 18, 2023
Sell 52.2 K USD
Kerrest Jacques Frederic
Director
- 626
83.3306 USD
11 months ago
Dec 18, 2023
Sell 62.8 K USD
Kerrest Jacques Frederic
Director
- 754
83.3306 USD
11 months ago
Dec 05, 2023
Sell 80.8 K USD
Schwartz Larissa
See Remarks
- 1125
71.82 USD
1 year ago
Nov 06, 2023
Sell 163 K USD
Schwartz Larissa
See Remarks
- 2334
70 USD
1 year ago
Oct 13, 2023
Sell 304 K USD
Schwartz Larissa
See Remarks
- 3578
85.03 USD
1 year ago
Sep 18, 2023
Sell 209 K USD
Tighe Brett
Chief Financial Officer
- 2518
83.0072 USD
1 year ago
Sep 18, 2023
Sell 158 K USD
Tighe Brett
Chief Financial Officer
- 1906
83.0072 USD
1 year ago
Sep 18, 2023
Sell 7.64 K USD
Tighe Brett
Chief Financial Officer
- 92
83.0072 USD
1 year ago
Sep 18, 2023
Sell 15.8 K USD
Tighe Brett
Chief Financial Officer
- 190
83.0072 USD
1 year ago
Sep 18, 2023
Sell 11.6 K USD
Tighe Brett
Chief Financial Officer
- 140
83.0072 USD
1 year ago
Sep 18, 2023
Sell 133 K USD
Schwartz Larissa
See Remarks
- 1597
83.0072 USD
1 year ago
Sep 18, 2023
Sell 3.15 K USD
Schwartz Larissa
See Remarks
- 38
83.0072 USD
1 year ago
Sep 18, 2023
Sell 9.21 K USD
Schwartz Larissa
See Remarks
- 111
83.0072 USD
1 year ago
Sep 18, 2023
Sell 4.98 K USD
Schwartz Larissa
See Remarks
- 60
83.0072 USD
1 year ago
Sep 18, 2023
Sell 3.07 K USD
Schwartz Larissa
See Remarks
- 37
83.0072 USD
1 year ago
Sep 18, 2023
Sell 5.23 K USD
Schwartz Larissa
See Remarks
- 63
83.0072 USD
1 year ago
Sep 18, 2023
Sell 16.3 K USD
Ninan Shibu
Chief Accounting Officer
- 196
83.0072 USD
1 year ago
Sep 18, 2023
Sell 256 K USD
Ninan Shibu
Chief Accounting Officer
- 3086
83.0072 USD
1 year ago
Sep 18, 2023
Sell 439 K USD
McKinnon Todd
Chief Executive Officer
- 5291
83.0072 USD
1 year ago
Sep 18, 2023
Sell 70.5 K USD
McKinnon Todd
Chief Executive Officer
- 849
83.0072 USD
1 year ago
Sep 18, 2023
Sell 110 K USD
McKinnon Todd
Chief Executive Officer
- 1331
83.0072 USD
1 year ago
Jun 16, 2023
Sell 190 K USD
Tighe Brett
Chief Financial Officer
- 2510
75.5996 USD
1 year ago
Jun 16, 2023
Sell 108 K USD
Tighe Brett
Chief Financial Officer
- 1431
75.5996 USD
1 year ago
Jun 16, 2023
Sell 4.69 K USD
Tighe Brett
Chief Financial Officer
- 62
75.5996 USD
1 year ago
Jun 16, 2023
Sell 9.75 K USD
Tighe Brett
Chief Financial Officer
- 129
75.5996 USD
1 year ago
Jun 16, 2023
Sell 7.26 K USD
Tighe Brett
Chief Financial Officer
- 96
75.5996 USD
1 year ago
Jun 16, 2023
Sell 11.5 K USD
Tighe Brett
Chief Financial Officer
- 152
75.5996 USD
1 year ago
Jun 16, 2023
Sell 118 K USD
Schwartz Larissa
See Remarks
- 1557
75.5996 USD
1 year ago
Jun 16, 2023
Sell 2.87 K USD
Schwartz Larissa
See Remarks
- 38
75.5996 USD
1 year ago
Jun 16, 2023
Sell 8.39 K USD
Schwartz Larissa
See Remarks
- 111
75.5996 USD
1 year ago
Jun 16, 2023
Sell 4.46 K USD
Schwartz Larissa
See Remarks
- 59
75.5996 USD
1 year ago
Jun 16, 2023
Sell 2.8 K USD
Schwartz Larissa
See Remarks
- 37
75.5996 USD
1 year ago
Jun 16, 2023
Sell 4.76 K USD
Schwartz Larissa
See Remarks
- 63
75.5996 USD
1 year ago
Jun 16, 2023
Sell 7.03 K USD
Schwartz Larissa
See Remarks
- 93
75.5996 USD
1 year ago
Jun 16, 2023
Sell 14.7 K USD
Ninan Shibu
Chief Accounting Officer
- 195
75.5996 USD
1 year ago
Jun 16, 2023
Sell 399 K USD
McKinnon Todd
Chief Executive Officer
- 5275
75.5996 USD
1 year ago
Jun 16, 2023
Sell 52.6 K USD
McKinnon Todd
Chief Executive Officer
- 696
75.5996 USD
1 year ago
Jun 16, 2023
Sell 70 K USD
McKinnon Todd
Chief Executive Officer
- 926
75.5996 USD
1 year ago
Apr 24, 2023
Sell 7.6 K USD
Kerrest Jacques Frederic
Director
- 100
75.99 USD
1 year ago
Mar 16, 2023
Sell 37.9 K USD
Tighe Brett
Chief Financial Officer
- 460
82.4782 USD
1 year ago
Mar 16, 2023
Sell 102 K USD
Tighe Brett
Chief Financial Officer
- 1242
82.4782 USD
1 year ago
Mar 16, 2023
Sell 5.2 K USD
Tighe Brett
Chief Financial Officer
- 63
82.4782 USD
1 year ago
Mar 16, 2023
Sell 10.6 K USD
Tighe Brett
Chief Financial Officer
- 128
82.4782 USD
1 year ago
Mar 16, 2023
Sell 9.24 K USD
Tighe Brett
Chief Financial Officer
- 112
82.4782 USD
1 year ago
Mar 16, 2023
Sell 14.8 K USD
Tighe Brett
Chief Financial Officer
- 179
82.4782 USD
1 year ago
Mar 16, 2023
Sell 3.05 K USD
Schwartz Larissa
See Remarks
- 37
82.4782 USD
1 year ago
Mar 16, 2023
Sell 9.81 K USD
Schwartz Larissa
See Remarks
- 119
82.4782 USD
1 year ago
Mar 16, 2023
Sell 5.77 K USD
Schwartz Larissa
See Remarks
- 70
82.4782 USD
1 year ago
Mar 16, 2023
Sell 3.55 K USD
Schwartz Larissa
See Remarks
- 43
82.4782 USD
1 year ago
Mar 16, 2023
Sell 6.1 K USD
Schwartz Larissa
See Remarks
- 74
82.4782 USD
1 year ago
Mar 16, 2023
Sell 8.99 K USD
Schwartz Larissa
See Remarks
- 109
82.4782 USD
1 year ago
Mar 16, 2023
Sell 16.2 K USD
Ninan Shibu
Chief Accounting Officer
- 197
82.4782 USD
1 year ago
Mar 16, 2023
Sell 34.4 K USD
McKinnon Todd
Chief Executive Officer
- 417
82.4782 USD
1 year ago
Mar 16, 2023
Sell 48.7 K USD
McKinnon Todd
Chief Executive Officer
- 591
82.4782 USD
1 year ago
Mar 16, 2023
Sell 76.4 K USD
McKinnon Todd
Chief Executive Officer
- 926
82.4782 USD
1 year ago
Mar 16, 2023
Sell 97.6 K USD
McKinnon Todd
Chief Executive Officer
- 1183
82.4782 USD
7. News
What Okta's failures say about the future of identity security in 2025 2025 needs to be the year identity providers go all in on improving every aspect of software quality and security, including red teaming. venturebeat.com - 1 day ago
Analyst Downgrades Okta Stock on Slow Growth, Mixed Feedback Okta Inc (NASDAQ:OKTA) stock is 1.9% lower ahead of the opening bell, looking to start today's session around the $77 mark on the heels of a sour analyst note. schaeffersresearch.com - 4 days ago
Okta's Path To Recovery: New Launches, Partnerships Could Improve Investor Confidence Okta's new products focus on high-margin customers, creating upsell opportunities for existing ones, and distinguishing its technology from its peers. Partnerships with GSIs, ISVs, and MSPs are driving bigger, more profitable deals. The company posted its first-ever positive GAAP net income last quarter, with double-digit revenue and free cash flow growth, and strong liquidity ratios. seekingalpha.com - 1 week ago
Okta: The Underdog's Advantage Okta's stock is approximately 31% undervalued, with strong revenue growth, positive cash flows, and a consistent share count. Okta excels in secure user authentication and identity management, competing effectively against Microsoft with superior reliability, ease of use, and integration capabilities. Despite negative EBITDA, Okta's aggressive R&D investment and declining SG&A ratio indicate the potential for improved profitability and sustained revenue growth. seekingalpha.com - 1 week ago
Wall Street Analysts See a 29.76% Upside in Okta (OKTA): Can the Stock Really Move This High? The mean of analysts' price targets for Okta (OKTA) points to a 29.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. zacks.com - 1 week ago
Okta (OKTA) Rises Yet Lags Behind Market: Some Facts Worth Knowing Okta (OKTA) concluded the recent trading session at $74.07, signifying a +1.13% move from its prior day's close. zacks.com - 1 week ago
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. zacks.com - 1 week ago
Okta: Market Ignores Inflection On GAAP Profitability (Ratings Upgrade) You may have missed it, but Okta achieved GAAP profitability for the first time in the latest quarter. Wall Street appears spooked about the potential financial impact from the cybersecurity breaches. Okta has a net cash balance sheet and its debt carries low interest rates. seekingalpha.com - 1 week ago
OKTA Stock Plunges 20% Year to Date: Should You Buy the Dip? OKTA is riding on an expanding clientele, driven by the strong adoption of its Identity Threat Protection solution within a challenging macroeconomic environment. zacks.com - 2 weeks ago
Best Growth Stocks to Buy for October 28th BRFS, PGR and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 28, 2024. zacks.com - 2 weeks ago
Okta (OKTA) Stock Falls Amid Market Uptick: What Investors Need to Know Okta (OKTA) reachead $72.15 at the closing of the latest trading day, reflecting a -0.01% change compared to its last close. zacks.com - 3 weeks ago
Best Growth Stocks to Buy for October 24th OKTA, GAP, and CHWY made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 24, 2024. zacks.com - 3 weeks ago
8. Profile Summary

Okta, Inc. OKTA

image
COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 12.5 B
Dividend Yield 0.00%
Description 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.
Contact 100 First Street, San Francisco, CA, 94105 https://www.okta.com
IPO Date April 7, 2017
Employees 5938
Officers Mr. Monty Gray Executive Vice President of Corporate Development Mr. Eugenio Pace Co-founder & President of Business Operations Mr. Dave Gennarelli Vice President of Investor Relations Mr. Eric Kelleher President of Customer Experience & Communications Mr. Todd McKinnon Co-Founder, Chairman & Chief Executive Officer Mr. Jacques Frederic Kerrest Co-Founder & Executive Vice Chairperson Mr. Brett Tighe Chief Financial Officer Mr. Shibu Ninan Chief Accounting Officer Ms. Larissa Schwartz Chief Legal Officer & Corporate Secretary Mr. Jon Addison Chief Revenue Officer