NASDAQ
OKTA

Okta Inc

Software-Infrastructure
Technology

Prices are adjusted according to historical splits.

Okta Inc Stock Price

Vitals

Today's Low:
$87.59
Today's High:
$90.425
Open Price:
$89.17
52W Low:
$44.12
52W High:
$91.5
Prev. Close:
$90.08
Volume:
2273207

Company Statistics

Market Cap.:
$14.78 billion
Book Value:
34.382
Revenue TTM:
$2.06 billion
Operating Margin TTM:
-30.32%
Gross Profit TTM:
$1.31 billion
Profit Margin:
-28.67%
Return on Assets TTM:
-4.4%
Return on Equity TTM:
-10.67%

Company Profile

Okta Inc had its IPO on 2017-04-07 under the ticker symbol OKTA.

The company operates in the Technology sector and Software-Infrastructure industry. Okta Inc has a staff strength of 5,806 employees.

Stock update

Shares of Okta Inc opened at $89.17 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $87.59 - $90.43, and closed at $87.59.

This is a -2.76% slip from the previous day's closing price.

A total volume of 2,273,207 shares were traded at the close of the day’s session.

In the last one week, shares of Okta Inc have increased by +1.66%.

Okta Inc's Key Ratios

Okta Inc has a market cap of $14.78 billion, indicating a price to book ratio of 2.0137 and a price to sales ratio of 6.2128.

In the last 12-months Okta Inc’s revenue was $2.06 billion with a gross profit of $1.31 billion and an EBITDA of $-530000000. The EBITDA ratio measures Okta Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Okta Inc’s operating margin was -30.32% while its return on assets stood at -4.4% with a return of equity of -10.67%.

In Q2.3333333333333, Okta Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 23%.

Okta Inc’s PE and PEG Ratio

Forward PE
263.1579
Trailing PE
0
PEG
10.6635

Its diluted EPS in the last 12-months stands at $-3.79 per share while it has a forward price to earnings multiple of 263.1579 and a PEG multiple of 10.6635. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Okta Inc’s profitability.

Okta Inc stock is trading at a EV to sales ratio of 6.2178 and a EV to EBITDA ratio of -14.6023. Its price to sales ratio in the trailing 12-months stood at 6.2128.

Okta Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$8.71 billion
Total Liabilities
$1.46 billion
Operating Cash Flow
$0
Capital Expenditure
$4 million
Dividend Payout Ratio
0%

Okta Inc ended 2024 with $8.71 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.71 billion while shareholder equity stood at $5.64 billion.

Okta Inc ended 2024 with $0 in deferred long-term liabilities, $1.46 billion in other current liabilities, in common stock, $-2705000000.00 in retained earnings and $5.41 billion in goodwill. Its cash balance stood at $356.00 million and cash and short-term investments were $2.11 billion. The company’s total short-term debt was $217,782,000 while long-term debt stood at $1.45 billion.

Okta Inc’s total current assets stands at $2.69 billion while long-term investments were $0 and short-term investments were $1.75 billion. Its net receivables were $388.00 million compared to accounts payable of $13.00 million and inventory worth $101.00 million.

In 2024, Okta Inc's operating cash flow was $0 while its capital expenditure stood at $4 million.

Comparatively, Okta Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$87.59
52-Week High
$91.5
52-Week Low
$44.12
Analyst Target Price
$94.05

Okta Inc stock is currently trading at $87.59 per share. It touched a 52-week high of $91.5 and a 52-week low of $91.5. Analysts tracking the stock have a 12-month average target price of $94.05.

Its 50-day moving average was $74.1 and 200-day moving average was $73.91 The short ratio stood at 3.14 indicating a short percent outstanding of 0%.

Around 71.2% of the company’s stock are held by insiders while 8357.7% are held by institutions.

Frequently Asked Questions About Okta Inc

The stock symbol (also called stock or share ticker) of Okta Inc is OKTA

The IPO of Okta Inc took place on 2017-04-07

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About

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.

Address

100 First Street, San Francisco, CA, United States, 94105