Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally.
Okta stock last closed at $73.83, down 1.15% from the previous day, and has decreased 21.19% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.21 percentage points. Okta stock is currently +67.34% from its 52-week low of $44.12, and -33.45% from its 52-week high of $110.94.
At the moment, there are 162.36M shares of OKTA outstanding. The market cap of OKTA is $11.99B. In the past 24 hours, 6.57M OKTA shares were traded.
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After you have selected the best place to buy Okta stock, it's crucial to analyze their stock before you invest, so you truly wrap your head around the risk and opportunity.
WallStreetZen was built to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on OKTA's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge OKTA's fair value.
Using relative valuations measures:
You can access additional valuation analysis on OKTA's stock here.
Out of 30 sell side analysts who give recommendations on OKTA, the consensus analyst rating on Okta is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Roger Boyd, a bottom 18% analyst from UBS maintains OKTA with a strong buy rating and lowers their OKTA price target from $100.00 to $95.00, on Jun 1, 2023.
Matthew Hedberg, a top 11% analyst from RBC Capital maintains OKTA with a buy rating and raises their OKTA price target from $110.00 to $112.00, on Jun 1, 2023.
Trevor Walsh, a top 11% analyst from JMP Securities reiterates OKTA with a buy rating and maintains their OKTA price target from $110.00 to $110.00, on Jun 1, 2023.
Brian Colley, a bottom 15% analyst from Stephens & Co. reiterates OKTA with a hold rating and maintains their OKTA price target from $84.00 to $84.00, on Jun 1, 2023.
Keith Bachman, a top 4% analyst from BMO Capital downgrades OKTA to a hold rating and lowers their OKTA price target from $94.00 to $85.00, on Jun 1, 2023.
You can dig deeper into what analysts are projecting on the Okta stock forecast page.
Last year, OKTA revenue was $1.96B. Over the past 5 year, OKTA's revenue has increased by 46.78% per year. This was faster than the Software - Infrastructure industry average of 17.72%.
Dive into OKTA's earnings and revenue performance here.
In the last 12 months, insiders at OKTA have sold more shares than they have bought.
Jacques Frederic Kerrest, Director of OKTA, was the latest OKTA insider to sell. They sold $7,599.00 worth of OKTA shares on Apr 24, 2023.
Get more info about who owns OKTA shares here.
No, Okta doesn't provide an income stream by paying out dividends.
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Now that you own some OKTA shares, you'll want to keep up with your new stock purchase.
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