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OKTA

OKTA - Okta Inc Stock Price, Fair Value and News

91.45USD-2.26 (-2.41%)Delayed as of 19 Apr 2024, 02:45 pm ET

Market Summary

OKTA
USD91.45-2.26
Delayedas of 19 Apr 2024, 02:45 pm
-2.41%

OKTA Alerts

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

OKTA Stock Price

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OKTA RSI Chart

OKTA Valuation

Market Cap

15.3B

Price/Earnings (Trailing)

-43.17

Price/Sales (Trailing)

6.77

EV/EBITDA

-49.08

Price/Free Cashflow

30.41

OKTA Price/Sales (Trailing)

OKTA Profitability

EBT Margin

-14.89%

Return on Equity

-6.03%

Return on Assets

-3.95%

Free Cashflow Yield

3.29%

OKTA Fundamentals

OKTA Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

18.63%

Rev. Growth (Qtr)

3.6%

OKTA Earnings

Earnings (TTM)

-355.0M

Earnings Growth (Yr)

71.24%

Earnings Growth (Qtr)

45.68%

Breaking Down OKTA Revenue

52 Week Range

66.8294.17
(Low)(High)

Last 7 days

-7.1%

Last 30 days

-11.1%

Last 90 days

15.2%

Trailing 12 Months

21.8%

How does OKTA drawdown profile look like?

OKTA Financial Health

Current Ratio

1.67

Debt/Equity

0.22

Debt/Cashflow

0.39

OKTA Investor Care

Shares Dilution (1Y)

3.55%

Diluted EPS (TTM)

-2.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.3B000
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
Mar 19, 2024
ninan shibu
sold
-445,615
104
-4,279
chief accounting officer
Mar 15, 2024
kerrest jacques frederic
sold (taxes)
-
-
-2,268
-
Mar 15, 2024
addison jonathan james
acquired
-
-
14,476
chief revenue officer
Mar 15, 2024
kerrest jacques frederic
acquired
-
-
4,750
-
Mar 15, 2024
tighe brett
acquired
-
-
11,798
chief financial officer
Mar 15, 2024
schwartz larissa
acquired
-
-
5,319
see remarks
Mar 15, 2024
mckinnon todd
acquired
-
-
14,833
chief executive officer
Mar 15, 2024
mckinnon todd
sold (taxes)
-
-
-27,454
chief executive officer
Mar 15, 2024
tighe brett
sold (taxes)
-
-
-10,298
chief financial officer
Mar 15, 2024
addison jonathan james
sold (taxes)
-
-
-7,904
chief revenue officer

1–10 of 50

Which funds bought or sold OKTA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Fox Hill Wealth Management
new
-
12,416
12,416
0.01%
Apr 17, 2024
Slow Capital, Inc.
reduced
-1.24
346,511
2,799,420
0.45%
Apr 17, 2024
Clarius Group, LLC
added
48.66
2,702,600
6,466,560
0.45%
Apr 17, 2024
Trivant Custom Portfolio Group, LLC
unchanged
-
1,409
10,462
0.01%
Apr 17, 2024
Stanley-Laman Group, Ltd.
reduced
-1.61
1,021,000
8,468,990
1.19%
Apr 17, 2024
BARRETT & COMPANY, INC.
unchanged
-
845
6,277
-%
Apr 16, 2024
VOISARD ASSET MANAGEMENT GROUP, INC.
sold off
-100
-3,893
-
-%
Apr 16, 2024
FLAGSHIP HARBOR ADVISORS, LLC
added
1.29
62,225
427,246
0.03%
Apr 16, 2024
Asset Dedication, LLC
reduced
-40.00
-1,000
1,000
-%
Apr 16, 2024
COURIER CAPITAL LLC
reduced
-2.73
42,000
380,424
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
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
Feb 14, 2023
price t rowe associates inc /md/
0.1%
95,940
SC 13G/A
Feb 14, 2023
kerrest jacques frederic
1.9%
3,033,890
SC 13G/A

Recent SEC filings of Okta Inc

View All Filings
Date Filed Form Type Document
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Okta Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
227.6B
-4.10% 40.11%
36.38
13.2
11.51% 22.38%
211.9B
19.9B
-9.26% 24.41%
44.13
10.63
10.76% 1.35%
70.2B
3.1B
-8.38% 121.31%
785.34
22.96
36.33% 148.75%
43.9B
21.9B
-9.15% 14.62%
6.4K
2
25.01% 101.26%
15.3B
3.8B
-6.58% 22.51%
27.86
4
5.40% 4.57%
10.6B
2.8B
-5.04% 30.96%
22.9
3.76
3.55% 53.13%
MID-CAP
6.5B
612.7M
0.17% 15.37%
-729.3
10.62
7.07% 79.45%
4.6B
583.1M
-15.85% -18.07%
-24.02
7.85
22.54% 30.49%
3.4B
1.5B
-1.28% 21.93%
27.6
2.31
2.16% -14.54%
2.5B
545.4M
-4.57% -13.82%
-22.87
4.67
16.53% 26.16%
SMALL-CAP
1.4B
1.2B
-5.17% -8.38%
20.8
1.22
7.30% 93.18%
957.3M
251.7M
-3.09% -10.01%
23.95
3.8
-10.22% -14.79%
449.5M
601.1M
-6.64% 27.67%
-27.5
0.75
4.88% -183.51%
19.1M
7.0M
-8.53% -58.10%
-2.22
2.91
-55.73% -45.27%
12.8M
15.6M
24.24% 33.70%
-1.28
0.82
-6.37% -5256.07%

Okta Inc News

Latest updates
Defense World9 hours ago
Yahoo Finance16 Apr 202410:00 pm
Yahoo Finance16 Apr 202411:51 am
TradingView12 Apr 202401:21 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.6%605584556518510481452415383351316251234217200183167153140125115
Gross Profit4.8%46043940737637134331428426424121418517316014913412311210290.0084.00
Operating Expenses-1.3%543550569536528550522524479440478276227212195187167158145142112
  S&GA Expenses-7.8%24927026125625929026525222220419814711511098.0010493.0087.0078.0082.0063.00
  R&D Expenses-5.5%15616517216315414815616214713112269.0062.0058.0054.0048.0043.0042.0040.0034.0030.00
EBITDA Margin27.2%-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*-0.28*
Interest Expenses-50.0%1.002.002.003.002.003.003.003.0022.0023.0023.0023.0023.0022.0017.0011.0011.008.004.004.004.00
Income Taxes-100.0%-7.007.004.004.004.004.002.005.001.00-7.500.001.000.00-0.43-0.401.000.00-1.50-1.162.00
Earnings Before Taxes40.5%-44.00-74.00-104-115-149-205-206-241-236-220-284-109-74.81-72.56-60.53-58.10-49.62-63.10-44.50-53.10-28.94
EBT Margin27.0%-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*-0.36*-0.32*-0.35*-0.31*
Net Income45.7%-44.00-81.00-111-119-153-209-210-243-240-221-276-109-75.47-72.76-60.10-57.66-50.47-63.49-42.98-51.97-30.81
Net Income Margin26.7%-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*-0.31*
Free Cashflow11.8%17115351.0012973.008.00-21.0014.006.0035.00-3.3853.0033.0043.008.0031.0019.0011.00-3.3414.005.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.8%8,9898,7408,7138,9009,3079,0949,0749,0469,2068,9978,9323,4303,2993,1703,1152,0371,9551,8711,027999984
  Current Assets9.3%2,9802,7272,6862,8433,2293,0072,9462,8993,0412,8532,8773,0122,8792,7582,7071,6341,6001,527697677708
    Cash Equivalents-16.5%3344003561252642502161942603722256604494109576195321,040207208311
  Net PPE-4.0%48.0050.0049.0054.0059.0061.0067.0066.0065.0061.0062.0063.0063.0062.0063.0062.0054.0052.0052.0052.0053.00
  Goodwill0%5,4065,4065,4065,4065,4005,4005,4005,4015,4015,40162.005,29048.0048.0048.0048.0048.0048.0048.0048.0018.00
Liabilities3.0%3,1013,0103,0733,3663,8413,6863,6213,5733,2843,0122,8902,7482,6052,4902,4301,6241,5501,472776759732
  Current Liabilities15.5%1,7821,5431,4561,3621,4651,3091,2371,1851,2439889138001,546574534570547478621602573
  Long Term Debt-11.4%1,1541,3021,4511,8312,1932,1922,1902,1891,8161,7941,7731,7518571,7101,689846837828---
    LT Debt, Current------5.005.005.0016.0016.0016.0021.0090935.0044.0010210199.00280276272
    LT Debt, Non Current-11.4%1,1541,3021,4511,8312,1932,1922,1902,1891,8161,7941,7731,7518571,7101,689846837828---
Shareholder's Equity2.8%5,8885,7305,6405,5345,4665,4085,4535,4735,9225,9854.006.006936816.00413405398840239252
  Retained Earnings-1.6%-2,830-2,786-2,705-2,594-2,475-2,322-2,113-1,902-1,816-1,574-1,353-1,076-967-891-818-758-701-650-587-544-492
  Additional Paid-In Capital2.2%8,7248,5348,3598,1487,9747,7867,6077,4127,7507,5597,3911,7541,6561,5701,4991,1681,1061,049840784745
Shares Outstanding-0.5%164164162161158159157156148154142132127126125123117119115113108
Float---12,000---14,900---36,300---26,200---13,700--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations11.5%17415653.0012976.0010.00-19.0019.0013.0037.00-2.6156.0035.0043.0011.0039.0025.0011.00-1.1321.0010.00
  Share Based Compensation-6.4%16117218516616417217017115815618864.0055.0054.0048.0038.0037.0036.0031.0023.0022.00
Cashflow From Investing-765.0%-13320.0049559.00-83.0022.0019.00-88.00-156101-463152-37.12-595-72251.00-56223.00-22.38-12581.00
Cashflow From Financing18.0%-109-133-315-32614.006.0023.005.0031.009.0033.0016.0026.005.001,04714.0019.0079823.0013.0015.00

OKTA Income Statement

2024-01-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Revenue   
Total revenue$ 2,263$ 1,858$ 1,300
Cost of revenue   
Total cost of revenue581546396
Gross profit1,6821,312904
Operating expenses   
Research and development656620469
Sales and marketing1,0361,066771
General and administrative450409432
Restructuring and other charges56290
Total operating expenses2,1982,1241,672
Operating loss(516)(812)(768)
Interest expense(8)(11)(91)
Interest income and other, net81229
Gain on early extinguishment of debt10600
Interest and other, net17911(82)
Loss before provision for (benefit from) income taxes(337)(801)(850)
Provision for (benefit from) income taxes1814(2)
Net loss$ (355)$ (815)$ (848)
Net loss per share, basic (in dollars per share)$ (2.17)$ (5.16)$ (5.73)
Net loss per share, diluted (in dollars per share)$ (2.17)$ (5.16)$ (5.73)
Weighted-average shares used to compute net loss per share, basic (in shares)163,634158,023148,036
Weighted-average shares used to compute net loss per share, diluted (in shares)163,634158,023148,036
Subscription   
Revenue   
Total revenue$ 2,205$ 1,794$ 1,249
Cost of revenue   
Total cost of revenue502464329
Professional services and other   
Revenue   
Total revenue586451
Cost of revenue   
Total cost of revenue$ 79$ 82$ 67

OKTA Balance Sheet

2024-01-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 31, 2024
Jan. 31, 2023
Current assets:  
Cash and cash equivalents$ 334$ 264
Short-term investments1,8682,316
Accounts receivable, net of allowances of $6 and $8559481
Deferred commissions11392
Prepaid expenses and other current assets10676
Total current assets2,9803,229
Property and equipment, net4859
Operating lease right-of-use assets83122
Deferred commissions, noncurrent242210
Intangible assets, net182241
Goodwill5,4065,400
Other assets4846
Total assets8,9899,307
Current liabilities:  
Accounts payable1212
Accrued expenses and other current liabilities115112
Accrued compensation16799
Deferred revenue1,4881,242
Total current liabilities1,7821,465
Convertible senior notes, net, noncurrent1,1542,193
Operating lease liabilities, noncurrent112142
Deferred revenue, noncurrent2318
Other liabilities, noncurrent3023
Total liabilities3,1013,841
Commitments and contingencies (Note 10)
Stockholders’ equity:  
Preferred stock00
Additional paid-in capital8,7247,974
Accumulated other comprehensive loss(6)(33)
Accumulated deficit(2,830)(2,475)
Total stockholders’ equity5,8885,466
Total liabilities and stockholders’ equity8,9899,307
Class A Common Stock   
Stockholders’ equity:  
Common stock00
Class B Common Stock   
Stockholders’ equity:  
Common stock$ 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 Thu Apr 18 2024, market cap of Okta Inc is 15.33 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 Thu Apr 18 2024, OKTA's PE ratio (Price to Earnings) is -43.17 and Price to Sales (PS) ratio is 6.77. 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.