Technology -
Software - Infrastructure - NASDAQ - US
$ 91.24
-0.751 %
$ 15.1 B
Market Cap
1520.67
P/E
1. INTRINSIC VALUE
Balance Sheet
Okta, Inc.
| Current Assets | 3.42 B |
| Cash & Short-Term Investments | 2.52 B |
| Receivables | 621 M |
| Other Current Assets | 272 M |
| Non-Current Assets | 6.02 B |
| Long-Term Investments | 0 |
| PP&E | 117 M |
| Other Non-Current Assets | 5.9 B |
| Current Liabilities | 2.52 B |
| Accounts Payable | 13 M |
| Short-Term Debt | 613 M |
| Other Current Liabilities | 1.9 B |
| Non-Current Liabilities | 509 M |
| Long-Term Debt | 443 M |
| Other Non-Current Liabilities | 66 M |
EFFICIENCY
Earnings Waterfall
Okta, Inc.
| Revenue | 2.61 B |
| Cost Of Revenue | 618 M |
| Gross Profit | 1.99 B |
| Operating Expenses | 2.07 B |
| Operating Income | -74 M |
| Other Expenses | -102 M |
| Net Income | 28 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Okta, Inc.
| Net Income | 28 M |
| Depreciation & Amortization | 88 K |
| Capital Expenditures | -20 M |
| Stock-Based Compensation | 565 M |
| Change in Working Capital | -53 M |
| Others | 155 M |
| Free Cash Flow | 730 M |
Wall Street Analysts Price Targets
Okta, Inc.
Wall Street analysts predict an average 1-year price target for OKTA of $105 , with forecasts ranging from
a
low of
$75 to a high of $135 .
OKTA Lowest Price Target
Wall Street Target
75 USD
-17.80%
OKTA Average Price Target
Wall Street Target
105 USD
14.70%
OKTA Highest Price Target
Wall Street Target
135 USD
47.96%
4. DIVIDEND
ANALYSIS
OKTA does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Okta, Inc.
Sold
0-3 MONTHS
96.2 M USD 5
3-6 MONTHS
51 M USD 4
6-9 MONTHS
46.6 M USD 3
9-12 MONTHS
5.62 M USD 1
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
7. News
Okta Announces Startup Challenge to Build New Identity Security Applications
SAN FRANCISCO--(BUSINESS WIRE)--Okta, a leading identity and access management company, today announced the 2nd annual Okta Startup Challenge. The challenge invites early stage startups, incorporated in the US, that are building applications using identity, privacy, and security enabled workflows to showcase their innovations. Startups in the Okta Startup Challenge will be evaluated on business potential, innovation, and the utilization of identity enabled workflows in their product. Three fina.
businesswire.com
- 1 week ago
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Okta (OKTA). This makes it worthwhile to examine what the stock has in store.
zacks.com
- 2 weeks ago
5 Hot Stock Buys for Investors in April
Five of the hottest stock buys for April have what it takes for their stock prices to move higher: solid results, favorable outlook, profits, and the support of analysts and institutions. Analysts and institutional support are critical because they account for the bulk of market activity and provide a powerful tailwind for stock price action.
marketbeat.com
- 2 weeks ago
Okta: Death And Resurrection
Today, I'll provide a unique take on Okta, Inc.'s current business performance and prospects with the help of Palo Alto Networks. In 2017-2018, Palo Alto Networks was seen in a similar light to the way investors have come to view Okta. However, after evolving its platform and accelerating growth, investors shifted their perspective on Palo Alto Networks.
seekingalpha.com
- 2 weeks ago
Two US tech stocks on the verge of initiating dividends: here's what to watch
Markets are turning increasingly concerned about a recession due to uncertainty related to the new US government's trade policies. While equities tend to underperform during economic slowdowns, dividend stocks often remain a great pick as they offer a significant cushion against potential losses amidst challenging times.
invezz.com
- 2 weeks ago
Bitwarden Named #2 Fastest Growing App in Okta Businesses at Work 2025 Report
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Bitwarden: What: Bitwarden has been recognized as one the top fastest growing apps in the newly released Okta Businesses at Work 2025 report, which highlights workplace and enterprise technology trends based on customer usage within the Okta Integration Network (OIN). Bitwarden is the only password management solution to appear in the report's top 10 Fastest Growing Apps list. Why: As organizations seek to strengthen authentication workflows and simplify.
businesswire.com
- 2 weeks ago
Does OKTA's Strong Portfolio Make it the Best Security Stock to Buy?
The rising adoption of OKTA's Identity Threat Protection solution boosts prospects despite a stretched valuation.
zacks.com
- 3 weeks ago
Okta Ventures Unveils "The Identity 25" to Honor Pioneers Shaping the Future of Digital Identity
SAN FRANCISCO--(BUSINESS WIRE)--Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, proudly introduces "The Identity 25," an initiative that shines a spotlight on the trailblazers in the burgeoning field of digital identity. This 2nd annual report is a testament to the collective efforts of innovators who are tirelessly working towards building simpler, more secure, and scalable identity-centric technologies. In a world where every di.
businesswire.com
- 3 weeks ago
Google's $32B Deal Fuels Cybersecurity Boom: Bet on OKTA, FTNT Stocks
As cyber threats become more sophisticated, demand for identity security solutions like Okta and network security offerings from Fortinet is expected to rise.
zacks.com
- 3 weeks ago
Okta, Inc. (OKTA) Hits Fresh High: Is There Still Room to Run?
Okta (OKTA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
zacks.com
- 3 weeks ago
Buy These 4 Growth-Rated Tech Stocks Amid High Market Volatility
Here, we take a sneak peek at four stocks, NVDA, MRVL, OKTA and RNG, which are at the forefront of key trends in the technology space.
zacks.com
- 3 weeks ago
Should You Invest in Okta (OKTA) Based on Bullish Wall Street Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
zacks.com
- 3 weeks ago
8. Profile
Summary
Okta, Inc. OKTA
COUNTRY
US
INDUSTRY
Software - Infrastructure
MARKET CAP
$ 15.1 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
5914
Officers
Mr. Monty Gray
Executive Vice President of Corporate Development
Mr. Jacques Frederic Kerrest
Co-Founder & Executive VC
Mr. Todd McKinnon
Co-Founder, Chairman & Chief Executive Officer
Mr. Brett Tighe
Chief Financial Officer
Mr. Eric Kelleher
President & Chief Operating Officer
Mr. Dave Gennarelli
Senior Vice President of Investor Relations
Ms. Larissa Schwartz
Chief Legal Officer & Corporate Secretary
Mr. Jon Addison
Chief Revenue Officer
Ms. Kerry Ok
Chief Marketing Officer
Mr. Shibu Ninan
Chief Accounting Officer