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OKTA

OKTA - Okta Inc Stock Price, Fair Value and News

94.07USD+0.15 (+0.16%)Delayed

Market Summary

OKTA
USD94.07+0.15
Delayed
0.16%

OKTA Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

OKTA Stock Price

View Fullscreen

OKTA RSI Chart

OKTA Valuation

Market Cap

15.8B

Price/Earnings (Trailing)

-57.08

Price/Sales (Trailing)

6.67

EV/EBITDA

-69.98

Price/Free Cashflow

26.57

OKTA Price/Sales (Trailing)

OKTA Profitability

EBT Margin

-10.33%

Return on Equity

-4.64%

Return on Assets

-3.08%

Free Cashflow Yield

3.76%

OKTA Fundamentals

OKTA Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

19.11%

Rev. Growth (Qtr)

1.98%

OKTA Earnings

Earnings (TTM)

-276.0M

Earnings Growth (Yr)

66.39%

Earnings Growth (Qtr)

9.09%

Breaking Down OKTA Revenue

Last 7 days

-2.1%

Last 30 days

7.5%

Last 90 days

2.2%

Trailing 12 Months

34.8%

How does OKTA drawdown profile look like?

OKTA Financial Health

Current Ratio

1.73

Debt/Equity

0.19

Debt/Cashflow

0.52

OKTA Investor Care

Shares Dilution (1Y)

3.81%

Diluted EPS (TTM)

-1.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.3B2.4B00
20231.9B2.0B2.1B2.2B
20221.3B1.5B1.6B1.7B
2021835.0M903.1M1.0B1.2B
2020586.1M643.7M703.7M768.0M
2019399.3M440.9M486.8M534.2M
2018256.5M287.8M322.2M360.8M
2017160.8M181.3M204.2M228.8M
201685.9M104.6M123.4M142.1M
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Tracking the Latest Insider Buys and Sells of Okta Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jul 16, 2024
schwartz larissa
sold
-277,525
99.4
-2,792
see remarks
Jul 16, 2024
kerrest jacques frederic
acquired
-
-
26,618
-
Jul 16, 2024
kerrest jacques frederic
sold
-2,669,440
100
-26,618
-
Jul 05, 2024
kerrest jacques frederic
acquired
-
-
34,620
-
Jul 05, 2024
kerrest jacques frederic
sold
-3,325,060
96.0446
-34,620
-
Jul 02, 2024
kerrest jacques frederic
acquired
-
-
3,280
-
Jul 02, 2024
kerrest jacques frederic
sold
-313,689
95.6369
-3,280
-
Jun 28, 2024
kerrest jacques frederic
acquired
-
-
2,100
-
Jun 28, 2024
kerrest jacques frederic
sold
-199,755
95.1213
-2,100
-
Jun 20, 2024
kerrest jacques frederic
sold
-135,010
86.9907
-1,552
-

1–10 of 50

Which funds bought or sold OKTA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 18, 2024
BAKER TILLY WEALTH MANAGEMENT, LLC
sold off
-100
-234,663
-
-%
Jul 18, 2024
Royal Fund Management, LLC
reduced
-44.05
-1,186,030
1,188,850
0.10%
Jul 18, 2024
Blue Trust, Inc.
added
144
11,195
18,937
-%
Jul 18, 2024
Tradewinds Capital Management, LLC
unchanged
-
-440
3,745
-%
Jul 18, 2024
Barton Investment Management
reduced
-6.2
-5,148,310
26,880,600
3.58%
Jul 18, 2024
Coronation Fund Managers Ltd.
reduced
-6.2
-1,874,890
9,792,540
0.28%
Jul 18, 2024
Gradient Investments LLC
new
-
281
281
-%
Jul 18, 2024
VALLEY NATIONAL ADVISERS INC
reduced
-12.5
-1,000
3,000
-%
Jul 18, 2024
Asset Management One Co., Ltd.
added
1.04
-1,369,740
12,903,700
0.05%
Jul 18, 2024
Assenagon Asset Management S.A.
reduced
-14.72
-4,645,790
14,958,200
0.03%

1–10 of 46

Are Funds Buying or Selling OKTA?

Are funds buying OKTA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OKTA
No. of Funds

Unveiling Okta Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 10, 2024
vanguard group inc
10.32%
16,606,930
SC 13G/A
Jun 10, 2024
fmr llc
-
0
SC 13G/A
Feb 14, 2024
kerrest jacques frederic
1.9%
3,034,642
SC 13G/A
Feb 14, 2024
mckinnon todd
4.7%
7,874,100
SC 13G/A
Feb 13, 2024
vanguard group inc
9.95%
15,719,527
SC 13G/A
Feb 13, 2024
sands capital management, llc
5.3%
8,358,414
SC 13G
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 29, 2024
blackrock inc.
5.8%
9,119,528
SC 13G/A
Jun 09, 2023
vanguard group inc
10.06%
15,598,090
SC 13G/A
Feb 14, 2023
mckinnon todd
4.8%
7,820,688
SC 13G/A

Recent SEC filings of Okta Inc

View All Filings
Date Filed Form Type Document
Jul 19, 2024
144
Notice of Insider Sale Intent
Jul 18, 2024
4
Insider Trading
Jul 18, 2024
4
Insider Trading
Jul 16, 2024
144
Notice of Insider Sale Intent
Jul 10, 2024
SC 13G/A
Major Ownership Report
Jul 09, 2024
4
Insider Trading
Jul 05, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jun 25, 2024
3
Insider Trading
Jun 25, 2024
4
Insider Trading

Peers (Alternatives to Okta Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.2T
236.6B
-2.07% 26.01%
37.69
13.73
13.97% 24.86%
244.3B
20.4B
5.51% 6.60%
48.1
11.96
10.85% 4.64%
73.9B
3.3B
-21.70% 105.98%
561.53
22.51
34.26% 187.06%
42.0B
22.9B
10.03% -10.58%
95.55
1.83
23.28% 285.17%
14.5B
3.9B
7.47% 3.16%
23.14
3.73
7.01% 28.42%
MID-CAP
10.3B
2.8B
3.23% 17.38%
20.58
3.68
0.20% 52.82%
7.4B
619.6M
-8.78% 24.12%
773.8
11.96
7.11% 116.83%
6.7B
605.7M
-0.27% 20.48%
-35.52
11.06
18.08% 24.38%
4.4B
1.5B
15.05% 72.81%
29.91
2.95
6.51% 54.77%
2.5B
560.0M
31.67% -26.99%
-23.7
4.55
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
9.98% -16.41%
19.84
1.12
3.70% 27.53%
1.0B
254.7M
1.27% -3.56%
22.07
3.96
-7.51% 2.74%
550.5M
634.3M
36.71% 46.86%
-18.86
0.87
9.43% -197.31%
10.4M
15.3M
- -20.63%
-1.03
0.68
-7.99% -1417.41%
8.3M
26.4M
-37.76% -80.50%
-0.72
0.31
212.19% -94.63%

Okta Inc News

Latest updates
MarketBeat4 hours ago
American Banking and Market News6 hours ago
Seeking Alpha16 Jul 202412:50 pm
Yahoo Finance30 May 202407:00 am

Okta Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue2.0%617605584556518510481452415383351316251234217200183167153140125
Gross Profit2.0%46946043940737637134331428426424121418517316014913412311210290.00
Operating Expenses-5.0%516543550569536528550522524479440478276227212195187167158145142
  S&GA Expenses-5.2%23624927026125625929026525222220419814711511098.0010493.0087.0078.0082.00
  R&D Expenses4.5%16315616517216315414815616214713112269.0062.0058.0054.0048.0043.0042.0040.0034.00
EBITDA Margin31.0%-0.10*-0.15*-0.20*-0.27*-0.34*-0.43*-0.50*-0.53*-0.62*-0.58*-0.52*-0.44*-0.26*-0.23*-0.23*-0.26*-0.28*-0.31*-0.32*-0.29*-0.31*
Interest Expenses100.0%2.001.002.002.003.002.003.003.003.0022.0023.0023.0023.0023.0022.0017.0011.0011.008.004.004.00
Income Taxes-18.00-7.007.004.004.004.004.002.005.001.00-7.46-1.000.00-0.43-0.401.000.00-1.50-1.16
Earnings Before Taxes50.0%-22.00-44.00-74.00-104-115-149-205-206-241-236-220-284-109-74.82-72.56-60.50-58.10-49.60-63.15-44.50-53.10
EBT Margin30.6%-0.10*-0.15*-0.20*-0.28*-0.34*-0.43*-0.51*-0.56*-0.67*-0.65*-0.60*-0.53*-0.35*-0.32*-0.31*-0.33*-0.33*-0.36*-0.35*-0.32*-0.35*
Net Income9.1%-40.00-44.00-81.00-111-119-153-209-210-243-240-221-276-109-75.47-72.76-60.10-57.66-50.47-63.49-42.98-51.97
Net Income Margin25.5%-0.12*-0.16*-0.21*-0.29*-0.35*-0.44*-0.52*-0.57*-0.67*-0.65*-0.59*-0.52*-0.35*-0.32*-0.31*-0.33*-0.33*-0.36*-0.35*-0.32*-0.34*
Free Cashflow27.5%21817115351.0012973.008.00-21.0014.006.0035.00-3.3853.0033.0043.008.0031.0019.0011.00-3.3414.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets-0.4%8,9558,9898,7408,7138,9009,3079,0949,0749,0469,2068,9978,9323,4303,2993,1703,1152,0371,9551,8711,027999
  Current Assets-2.1%2,9172,9802,7272,6862,8433,2293,0072,9462,8993,0412,8532,8773,0122,8792,7582,7071,6341,6001,527697677
    Cash Equivalents-3.6%3223344003561252712502161942603722256604494109576195321,040207208
  Net PPE-2.1%47.0048.0050.0049.0054.0059.0061.0067.0066.0065.0061.0062.0063.0063.0062.0063.0062.0054.0052.0052.0052.00
  Goodwill0.8%5,4485,4065,4065,4065,4065,4005,4005,4005,4015,4015,40162.005,29048.0048.0048.0048.0048.0048.0048.0048.00
Liabilities-3.2%3,0023,1013,0103,0733,3663,8413,6863,6213,5733,2843,0122,8902,7482,6052,4902,4301,6241,5501,472776759
  Current Liabilities-5.4%1,6861,7821,5431,4561,3621,4651,3091,2371,1851,2439889138001,546574534570547478621602
  Long Term Debt0.1%1,1551,1541,3021,4511,8312,1932,1922,1902,1891,8161,7941,7731,7518571,7101,689846837828--
    LT Debt, Current-------5.005.005.0016.0016.0016.0021.0090935.0044.0010210199.00280276
    LT Debt, Non Current0.1%1,1551,1541,3021,4511,8312,1932,1922,1902,1891,8161,7941,7731,7518571,7101,689846837828--
Shareholder's Equity1.1%5,9535,8885,7305,6405,5345,4665,4085,4535,4735,9225,9854.006.006936816.001,168405398840239
  Retained Earnings-1.4%-2,870-2,830-2,786-2,705-2,594-2,475-2,322-2,113-1,902-1,816-1,574-1,353-1,076-967-891-818-758-701-650-587-544
  Additional Paid-In Capital1.3%8,8408,7248,5348,3598,1487,9747,7867,6077,4127,7507,5597,3911,7541,6561,5701,4991,1681,1061,049840784
Shares Outstanding2.3%167164164162161158159157156148146142132127129126123117119115113
Float----12,000---14,900---36,300---26,200---13,700-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations25.9%21917415653.0012976.0010.00-19.0019.0013.0037.00-2.6156.0035.0043.0011.0039.0025.0011.00-1.1321.00
  Share Based Compensation-6.2%15116117218516616417217017115815618864.0055.0054.0048.0038.0037.0036.0031.0023.00
Cashflow From Investing-45.9%-194-13320.0049559.00-83.0022.0019.00-88.00-156101-463152-37.12-595-72251.00-56223.00-22.38-125
Cashflow From Financing66.1%-37.00-109-133-315-32614.006.0023.005.0031.009.0033.0016.0026.005.001,04714.0019.0079823.0013.00
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OKTA Income Statement

2024-04-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Revenue:  
Total revenue$ 617$ 518
Cost of revenue:  
Total cost of revenue148142
Gross profit469376
Operating expenses:  
Research and development163163
Sales and marketing236256
General and administrative117110
Restructuring and other charges07
Total operating expenses516536
Operating loss(47)(160)
Interest expense(2)(3)
Interest income and other, net2717
Gain on early extinguishment of debt031
Interest and other, net2545
Loss before provision for income taxes(22)(115)
Provision for income taxes184
Net loss$ (40)$ (119)
Net loss per share, basic (in dollars per share)$ (0.24)$ (0.74)
Net loss per share, diluted (in dollars per share)$ (0.24)$ (0.74)
Weighted-average shares used to compute net loss per share, basic (in shares)167,465161,323
Weighted-average shares used to compute net loss per share, diluted (in shares)167,465161,323
Subscription  
Revenue:  
Total revenue$ 603$ 503
Cost of revenue:  
Total cost of revenue130122
Professional services and other  
Revenue:  
Total revenue1415
Cost of revenue:  
Total cost of revenue$ 18$ 20

OKTA Balance Sheet

2024-04-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 30, 2024
Jan. 31, 2024
Current assets:  
Cash and cash equivalents$ 322$ 334
Short-term investments1,9981,868
Accounts receivable, net of allowances of $6 and $6, respectively307559
Deferred commissions117113
Prepaid expenses and other current assets173106
Total current assets2,9172,980
Property and equipment, net4748
Operating lease right-of-use assets8183
Deferred commissions, noncurrent232242
Intangible assets, net184182
Goodwill5,4485,406
Other assets4648
Total assets8,9558,989
Current liabilities:  
Accounts payable1212
Accrued expenses and other current liabilities166115
Accrued compensation117167
Deferred revenue1,3911,488
Total current liabilities1,6861,782
Convertible senior notes, net, noncurrent1,1551,154
Operating lease liabilities, noncurrent108112
Deferred revenue, noncurrent1923
Other liabilities, noncurrent3430
Total liabilities3,0023,101
Commitments and contingencies (Note 8)
Stockholders’ equity:  
Preferred stock, par value $0.0001 per share; 100,000 shares authorized; no shares issued and outstanding as of April 30, 2024 and January 31, 202400
Additional paid-in capital8,8408,724
Accumulated other comprehensive loss(17)(6)
Accumulated deficit(2,870)(2,830)
Total stockholders’ equity5,9535,888
Total liabilities and stockholders' equity8,9558,989
Class A  
Stockholders’ equity:  
Common stock00
Class B  
Stockholders’ equity:  
Common stock$ 0$ 0
OKTA
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's, a suite of products and services is used to manage and secure identities, 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 enables organizations to extend the Workforce Identity Cloud; Advanced Server Access to manage and secure cloud infrastructure; and Okta Identity Governance, an identity access management and identity governance solutions. It also provides Universal Login 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 Customer Identity Cloud; In addition, the company provides organization; Actions and Extensibility; and Enterprise Connections. 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.
 CEO
 WEBSITEokta.com
 INDUSTRYSoftware - Infra
 EMPLOYEES5806

Okta Inc Frequently Asked Questions


What is the ticker symbol for Okta Inc? What does OKTA stand for in stocks?

OKTA is the stock ticker symbol of Okta Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Okta Inc (OKTA)?

As of Fri Jul 19 2024, market cap of Okta Inc is 15.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OKTA stock?

You can check OKTA's fair value in chart for subscribers.

What is the fair value of OKTA stock?

You can check OKTA's fair value in chart for subscribers. The fair value of Okta Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Okta Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OKTA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Okta Inc a good stock to buy?

The fair value guage provides a quick view whether OKTA is over valued or under valued. Whether Okta Inc is cheap or expensive depends on the assumptions which impact Okta Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OKTA.

What is Okta Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, OKTA's PE ratio (Price to Earnings) is -57.08 and Price to Sales (PS) ratio is 6.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OKTA PE ratio will change depending on the future growth rate expectations of investors.