Okta, Inc. (OKTA)
| Market Cap | 21.60B |
| Revenue (ttm) | 3.00B |
| Net Income (ttm) | 247.00M |
| Shares Out | 173.81M |
| EPS (ttm) | 1.38 |
| PE Ratio | 89.99 |
| Forward PE | 31.56 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,711,632 |
| Open | 119.34 |
| Previous Close | 119.26 |
| Day's Range | 118.12 - 124.86 |
| 52-Week Range | 62.66 - 142.35 |
| Beta | 0.79 |
| Analysts | Buy |
| Price Target | 120.79 (-2.81%) |
| Earnings Date | May 28, 2026 |
About OKTA
Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; U... [Read more]
Financial Performance
In fiscal year 2026, Okta's revenue was $2.92 billion, an increase of 11.84% compared to the previous year's $2.61 billion. Earnings were $235.00 million, an increase of 739.29%.
Financial StatementsAnalyst Forecast
According to 45 analysts, the average rating for OKTA stock is "Buy." The 12-month stock price target is $120.79, which is a decrease of -2.81% from the latest price.
News
Okta price target raised to $136 from $119 at BTIG
BTIG analyst Gray Powell raised the firm’s price target on Okta (OKTA) to $136 from $119 and keeps a Buy rating on the shares as part of a broader research…
Okta price target raised to $130 from $120 at KeyBanc
KeyBanc raised the firm’s price target on Okta (OKTA) to $130 from $120 and keeps an Overweight rating on the shares. The firm’s chief investment officer survey for the first…
Okta price target raised to $140 from $120 at Needham
Needham raised the firm’s price target on Okta (OKTA) to $140 from $120 and keeps a Buy rating on the shares after conducting industry field checks on the company’s identity…
Okta price target raised to $140 from $120 at Needham
Needham raised the firm’s price target on Okta (OKTA) to $140 from $120 and keeps a Buy rating on the shares.
Okta, Inc. Transcript: AGM 2026
The meeting covered board introductions, four key proposals, and voting outcomes. All proposals, including director elections, auditor ratification, executive compensation, and an equity plan amendment, were approved. No questions were raised by stockholders.
Okta price target raised to $150 from $115 at UBS
UBS raised the firm’s price target on Okta (OKTA) to $150 from $115 and keeps a Buy rating on the shares.
SaaSpocalypse Is Overblown, Says Okta CEO
Todd McKinnon, Okta CEO, discusses his outlook for the cyber security industry in the wake of Anthropic's Mythos model and concerns around its impact on security. He also says he thinks worries of a S...
Okta, Inc. Transcript: 2026 Evercore Global TMT Conference
Customer focus has shifted sharply to securing AI agents, driving rapid product innovation and larger upsell opportunities. Go-to-market changes and partner enablement have improved productivity and expanded reach, while neutrality and integration breadth remain key differentiators. Net retention is rising, and AI security is fueling both new and reallocated security spending.
Our Okta Stock Pick is Up 63%. Why We See More Upside Ahead.
The company is leveraging AI as a growth driver. Its stock should continue to rally.
Meta Platforms upgraded, Okta downgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
Okta Stock Tumbles after Top Mizuho Analyst Downgrades Rating on Valuation Concerns
Shares of Okta ($OKTA), the cybersecurity company, tumbled about 6% in early trading on Tuesday after Mizuho downgraded the stock to Neutral from Outperform. While Mizuho raised its price target…
Okta downgraded to Neutral from Outperform at Mizuho
Mizuho downgraded Okta (OKTA) to Neutral from Outperform with a $125 price target
Mizuho downgrades Okta to Neutral on ‘full’ valuation
Mizuho analyst Gregg Moskowitz downgraded Okta (OKTA) to Neutral from Outperform with a price target of $125, up from $110. The company reported “very solid” Q1 results last week and…
Okta Stock (OKTA) Snags Price Target Boosts from Analysts After Earnings
Okta stock was the target of several analyst price target increases after the company’s earnings report.
Okta price target raised to $126 from $110 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Okta (OKTA) to $126 from $110 and keeps a Buy rating on the shares. The firm notes that early data points on…
Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides
Software stocks bounced this week on strong results from Snowflake and Okta, which both recorded their best days on record. The results signal that investors may have been too quick to declare the end...
Macquarie raises Okta price target to $120 on ‘constructive’ Q1 beat and raise
Macquarie raised the firm’s price target on Okta (OKTA) to $120 from $100 and keeps an Outperform rating on the shares. The company’s Q1 beat and raise were constructive, as…
Okta price target raised to $120 from $100 at Macquarie
Macquarie raised the firm’s price target on Okta (OKTA) to $120 from $100 and keeps an Outperform rating on the shares.
Okta Stock Soars. What's Stealing the Show From Earnings.
The company reported better-than-expected earnings but analysts are focused on the AI product pipeline.
Okta price target raised to $120 from $100 at Truist
Truist raised the firm’s price target on Okta (OKTA) to $120 from $100 and keeps a Buy rating on the shares. The company reported strong Q1 results that were above…
Okta price target raised to $105 from $80 at Scotiabank
Scotiabank analyst Patrick Colville raised the firm’s price target on Okta (OKTA) to $105 from $80 and keeps a Sector Perform rating on the shares. The firm intends to remain…
Okta to Present at Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced that a member of its management team is scheduled to participate in an upcoming in...
Okta CEO Todd McKinnon talks earnings beat ahead of investors call
Okta CEO Todd McKinnon joins 'Closing Bell Overtime' ahead of the earnings call to talk how it is utilizing AI agents in cybersecurity.