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NASDAQ: OKTA
Okta Inc Stock

$76.61+2.54 (+3.43%)
Updated Nov 6, 2024
OKTA Price
$76.61
Fair Value Price
$89.18
Market Cap
$13.01B
52 Week Low
$65.98
52 Week High
$114.50
P/E
-94.58x
P/B
2.12x
P/S
6.46x
PEG
N/A
Dividend Yield
N/A
Revenue
$2.45B
Earnings
-$136.00M
Gross Margin
75.8%
Operating Margin
-4.98%
Profit Margin
-5.5%
Debt to Equity
0.48
Operating Cash Flow
$635M
Beta
1.16
Next Earnings
Dec 3, 2024
Ex-Dividend
N/A
Next Dividend
N/A

OKTA Overview

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.

Zen Score

–
Industry Average (30)
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Due Diligence Checks

OKTA ($76.61) is undervalued by 14.09% relative to our estimate of its Fair Value price of $89.18 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
OKTA ($76.61) is not significantly undervalued (14.09%) relative to our estimate of its Fair Value price of $89.18 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
OKTA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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OKTA News

Valuation

OKTA fair value

Fair Value of OKTA stock based on Discounted Cash Flow (DCF)
Price
$76.61
Fair Value
$89.18
Undervalued by
14.09%
OKTA ($76.61) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
OKTA ($76.61) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
OKTA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

OKTA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-94.58x
Industry
35.89x
Market
24.29x

OKTA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.12x
Industry
11.52x
OKTA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

OKTA's financial health

Profit margin

Revenue
$646.0M
Net Income
$29.0M
Profit Margin
4.5%
OKTA's Earnings (EBIT) of -$122.00M... subscribe to Premium to read more.
Interest Coverage Financials
OKTA's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.1B
Liabilities
$2.9B
Debt to equity
0.48
OKTA's short-term assets ($3.04B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OKTA's short-term assets ($3.04B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OKTA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
OKTA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$86.0M
Investing
$156.0M
Financing
-$50.0M
OKTA's operating cash flow ($635.00M)... subscribe to Premium to read more.
Debt Coverage Financials

OKTA vs Software Infrastructure Stocks

TickerMarket Cap1d %P/EP/B
OKTA$13.01B+3.43%-94.58x2.12x
CYBR$12.65B+5.09%-981.50x14.42x
FFIV$14.00B+3.09%25.63x4.65x
KVYO$10.88B+2.99%-252.25x10.72x
AFRM$15.56B+9.65%-29.94x5.69x

Okta Stock FAQ

What is Okta's quote symbol?

(NASDAQ: OKTA) Okta trades on the NASDAQ under the ticker symbol OKTA. Okta stock quotes can also be displayed as NASDAQ: OKTA.

If you're new to stock investing, here's how to buy Okta stock.

What is the 52 week high and low for Okta (NASDAQ: OKTA)?

(NASDAQ: OKTA) Okta's 52-week high was $114.50, and its 52-week low was $65.98. It is currently -33.09% from its 52-week high and 16.11% from its 52-week low.

How much is Okta stock worth today?

(NASDAQ: OKTA) Okta currently has 169,862,056 outstanding shares. With Okta stock trading at $76.61 per share, the total value of Okta stock (market capitalization) is $13.01B.

Okta stock was originally listed at a price of $23.51 in Apr 7, 2017. If you had invested in Okta stock at $23.51, your return over the last 7 years would have been 225.86%, for an annualized return of 18.38% (not including any dividends or dividend reinvestments).

How much is Okta's stock price per share?

(NASDAQ: OKTA) Okta stock price per share is $76.61 today (as of Nov 6, 2024).

What is Okta's Market Cap?

(NASDAQ: OKTA) Okta's market cap is $13.01B, as of Nov 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Okta's market cap is calculated by multiplying OKTA's current stock price of $76.61 by OKTA's total outstanding shares of 169,862,056.
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