Okta Inc - Class A OKTA Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$187.26 down $21.26, 10.20% at close Oct 16
Last close · Previous close $208.52
- Market cap
- $32.55BAt the Oct 16 close
- P/E ratio
- 112.81On last 12 months’ EPS
- Diluted EPS
- $1.66Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$187.26down $21.26, 10.20%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$208.52Oct 15
- Volume7.39MOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume3.75MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $62.66 to $235.00; now $187.26
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
OKTA beat the S&P 500 in 4 of 6 periods.
| Period | OKTA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | OKTA: down 0.5% S&P 500: up 1.5% | OKTA trailed the S&P 500 by 2.0 percentage points Trailed |
| 3M | OKTA: up 26.7% S&P 500: up 1.9% | OKTA beat the S&P 500 by 24.8 percentage points Beat |
| YTD | OKTA: up 116.6% S&P 500: up 12.8% | OKTA beat the S&P 500 by 103.8 percentage points Beat |
| 1Y | OKTA: up 113.5% S&P 500: up 16.8% | OKTA beat the S&P 500 by 96.7 percentage points Beat |
| Long term | ||
| 3Y | OKTA: up 116.5% S&P 500: up 81.5% +29.4% vs +22.0% a year | OKTA beat the S&P 500 by 35.0 percentage points Beat |
| 5Y | OKTA: down 26.6% S&P 500: up 83.1% −6.0% vs +12.9% a year | OKTA trailed the S&P 500 by 109.7 percentage points Trailed |
$10,000 invested in OKTA 5 years ago (Oct 15, 2021) would be worth about $7,343 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $18,305.
OKTA beat the S&P 500 in 4 of 6 periods.
| Period | OKTA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | OKTA: down 0.5% S&P 500: up 1.2% | OKTA trailed the S&P 500 by 1.7 percentage points Trailed |
| 3M | OKTA: up 26.7% S&P 500: up 1.7% | OKTA beat the S&P 500 by 25.0 percentage points Beat |
| YTD | OKTA: up 116.6% S&P 500: up 11.9% | OKTA beat the S&P 500 by 104.7 percentage points Beat |
| 1Y | OKTA: up 113.5% S&P 500: up 15.5% | OKTA beat the S&P 500 by 98.0 percentage points Beat |
| Long term | ||
| 3Y | OKTA: up 116.5% S&P 500: up 75.0% +29.4% vs +20.5% a year | OKTA beat the S&P 500 by 41.5 percentage points Beat |
| 5Y | OKTA: down 26.6% S&P 500: up 71.2% −6.0% vs +11.4% a year | OKTA trailed the S&P 500 by 97.8 percentage points Trailed |
$10,000 invested in OKTA 5 years ago (Oct 15, 2021) would be worth about $7,343 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $17,118.
All-time high
$291.78
Closing high on . Now 35.8% below that record.
Split-adjusted daily closes since Apr 7, 2017.
Stock splits
OKTA hasn’t split since its price history begins in 2017.
Valuation
The Oct 16 close compared with the last 12 months of reported results (the four quarters to Jul 31, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
112.8×The Oct 16 close ÷ diluted EPS over the last 12 months ($1.66)
The range covers daily P/E ratios from Oct 7, 2021 to Oct 16, 2026, each based on the previous 12 months of earnings.
OKTA trades at 112.8× its earnings over the last 12 months, above its 5-year median of 95.0×. In plain terms, buyers are paying about $113 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 10.6×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 4.7×Book value as of Jul 31, 2026
Price relative to accounting equity (book value) per share on the Jul 31, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 73.5×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 1.21Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+93.0% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 112.8 ÷ 93.0 - 2.95%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $30.30BAt the Oct 16 close
What it would cost to buy the whole business: the market cap at the Oct 16 close, plus debt, minus cash and short-term investments from the Jul 31, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own OKTA DCF in Excel. Value Okta with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jul 31, 2026. “Last 12 months” means the four quarters from Aug 1, 2025 to Jul 31, 2026, and balance-sheet figures are as of Jul 31, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $3.07Bup 11.2%
- Net income
- $296.00Mup 76.2%
- Diluted EPS
- $1.66up 93.0%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Oct 31, 2024) | $665.00M | $16.00M | $0.00 |
| Q4 FY24 (Jan 31, 2025) | $682.00M | $23.00M | $0.14 |
| Q1 FY25 (Apr 30, 2025) | $688.00M | $62.00M | $0.35 |
| Q2 FY25 (Jul 31, 2025) | $728.00M | $67.00M | $0.37 |
| Q3 FY25 (Oct 31, 2025) | $742.00M | $43.00M | $0.24 |
| Q4 FY25 (Jan 31, 2026) | $761.00M | $63.00M | $0.35 |
| Q1 FY26 (Apr 30, 2026) | $765.00M | $74.00M | $0.42 |
| Q2 FY26 (Jul 31, 2026) | $805.00M | $116.00M | $0.65 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Jan 31, 2022) | $1.30B | −$848.00M | −$5.73 |
| FY22 (Jan 31, 2023) | $1.86B | −$815.00M | −$5.16 |
| FY23 (Jan 31, 2024) | $2.26B | −$355.00M | −$2.17 |
| FY24 (Jan 31, 2025) | $2.61B | $28.00M | $0.06 |
| FY25 (Jan 31, 2026) | $2.92B | $235.00M | $1.31 |
Margins
- Gross 78.1%
- Operating 7.5%
- Net 9.6%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $961.00MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$987.00MLast 12 months
- Capital spending$26.00MLast 12 months
- 31.3%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $397.00MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$397.00MLast 12 months
41% of free cash flow
Balance sheet
- $2.30BAs of Jul 31, 2026
Cash plus short- and long-term marketable securities on the Jul 31, 2026 balance sheet.
- Total debt$53.00MAs of Jul 31, 2026
- Net cash$2.25BAs of Jul 31, 2026
- 1.53As of Jul 31, 2026
Current assets divided by current liabilities on the Jul 31, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.01As of Jul 31, 2026
Total debt divided by shareholders’ equity on the Jul 31, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 9 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 4.3%Last 12 months
Over the last 12 months, Okta’s net income was 4.3% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 3.2%Last 12 months
Over the last 12 months, Okta’s net income was 3.2% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Okta Inc - Class A
The Secure Sign-In Trends Report was built from data of direct MFA authentication events in the Okta Workforce Identity Cloud (WIC). Analysts anonymized and aggregated data from billions of monthly authentications and verifications across countries worldwide. Okta enterprise customers and their employees, contractors, partners, and customers use Okta to securely log in to devices, websites, apps, and services and to leverage security features to protect their data. They span every major industry and vary in size, from small businesses to some of the world's largest organizations, with hundreds of thousands of employees and millions of customers. The full report can be found at: http://okta.com/secure-sign-in-trends-report. About Okta Okta is the World's Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation, thanks to customizable solutions and more than 7,000 pre-built integrations. We're building a world where Identity belongs to you.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Headquarters
- California, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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OKTA stock FAQ
What is OKTA stock’s price today?
Okta (OKTA) traded at $187.26 at the close on , down $21.26 (10.20%) from the previous close of $208.52. Over the past 52 weeks it has traded between $62.66 and $235.00.
If you invested $1,000 in OKTA 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in OKTA on would be worth about $734 at the close on , a total return of −26.6%. The same $1,000 would be worth $2,135 if invested one year ago. Past performance doesn’t predict future returns.
What is Okta’s market cap?
Okta’s market capitalization is about $32.5 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $187.26 (how market cap works). Okta reported 173.81M shares outstanding at the end of its latest quarter ().
What is OKTA’s P/E ratio?
OKTA trades at 112.8 times its diluted earnings over the four quarters to ($1.66 per share), at the close. Over the past five years its P/E has ranged from 47.5 to 714.3, with a median of 95.0. (How the P/E ratio works.)
How much revenue does Okta make?
Okta reported $3.1 billion of revenue over the four quarters to , up 11.2% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $805.0 million, up 10.6% from a year earlier.
Is Okta profitable?
Yes. Okta earned $296.0 million of net income over the four quarters to , a net margin of 9.6%, and its operating margin was 7.5% (what margins tell you).
What are OKTA’s earnings per share?
OKTA’s diluted earnings per share were $1.66 over the four quarters to , compared with $0.86 in the twelve months before. The latest quarter (Q2 FY26) brought $0.65 per share, against $0.37 a year earlier (how EPS works).
Does OKTA pay a dividend?
Okta hasn’t paid a dividend in the last twelve months.
What is OKTA’s 52-week high and low?
Over the past 52 weeks OKTA has traded as low as $62.66 and as high as $235.00. At $187.26 at the close on , it is 20.3% below that high and 198.9% above the low.
What is OKTA’s all-time high?
OKTA’s highest closing price was $291.78 on , adjusted for stock splits. At $187.26 at the close on , it is 35.8% below that record.
Has OKTA stock ever split?
No. OKTA hasn’t split since its price history begins in 2017.
How has OKTA stock performed?
Including dividends and measured to the close on , OKTA has returned +116.6% so far this year and +113.5% over the past year, and −26.6% over five years (−6.0% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Okta in?
Okta is in the Technology sector and the Software - Infrastructure industry, and is headquartered in California, USA.
What exchange does OKTA trade on?
Okta trades on the Nasdaq under the ticker symbol OKTA. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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