Okta (OKTA)
Market Price (3/18/2026): $78.85 | Market Cap: $14.0 BilSector: Information Technology | Industry: Application Software
Okta (OKTA)
Market Price (3/18/2026): $78.85Market Cap: $14.0 BilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -15% | Weak multi-year price returns2Y Excs Rtn is -57%, 3Y Excs Rtn is -77% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4% | |
| Attractive yieldFCF Yield is 6.2% | Key risksOKTA key risks include [1] reputational damage from past cybersecurity incidents that have eroded customer trust, Show more. | |
| Low stock price volatilityVol 12M is 43% | ||
| Megatrend and thematic driversMegatrends include Cybersecurity, and Cloud Computing. Themes include Identity Management, Cloud Security, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -15% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% |
| Attractive yieldFCF Yield is 6.2% |
| Low stock price volatilityVol 12M is 43% |
| Megatrend and thematic driversMegatrends include Cybersecurity, and Cloud Computing. Themes include Identity Management, Cloud Security, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -57%, 3Y Excs Rtn is -77% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4% |
| Key risksOKTA key risks include [1] reputational damage from past cybersecurity incidents that have eroded customer trust, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Okta (OKTA) stock has remained largely at the same level since 11/30/2025 because of the following key factors:
1. Mixed Quarterly Financial Performance and Conservative Near-Term Outlook.
Okta reported strong fourth-quarter fiscal year 2026 results, with revenue reaching $761 million, surpassing analyst estimates by 1.6%, and adjusted earnings per share (EPS) of $0.90, exceeding forecasts by 6.3%. This positive performance contributed to a temporary stock increase of over 10%. However, this upside was tempered by the company's cautious guidance for the first quarter of fiscal year 2027, projecting revenue of $751 million at the midpoint, which fell slightly below analyst estimates by 0.5%. The company also forecasted a 9% growth rate, marking its slowest revenue growth since its 2017 initial public offering, citing economic uncertainty impacting enterprise technology spending. The mixed signals from strong past performance and a conservative future outlook created a balanced sentiment, preventing sustained upward momentum.
2. Downward Revisions in Analyst Price Targets Despite Maintained Positive Ratings.
Following the earnings report, a trend of analysts maintaining "Buy" or "Outperform" ratings for Okta but simultaneously reducing their price targets emerged. For example, Needham lowered its price target from $110 to $90 (an 18.18% decrease) on March 5, 2026. Similarly, BTIG reduced its target from $116 to $90 (a 22.41% decrease) on March 2, 2026, and Jefferies cut its target from $125 to $105 (a 16% decrease) on the same day. While the underlying sentiment remained generally positive regarding Okta's long-term potential, these downward adjustments in price targets signaled a more tempered expectation for near-term growth, thereby contributing to the stock's consolidation rather than a significant breakout.
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1. Mixed Quarterly Financial Performance and Conservative Near-Term Outlook.
Okta reported strong fourth-quarter fiscal year 2026 results, with revenue reaching $761 million, surpassing analyst estimates by 1.6%, and adjusted earnings per share (EPS) of $0.90, exceeding forecasts by 6.3%. This positive performance contributed to a temporary stock increase of over 10%. However, this upside was tempered by the company's cautious guidance for the first quarter of fiscal year 2027, projecting revenue of $751 million at the midpoint, which fell slightly below analyst estimates by 0.5%. The company also forecasted a 9% growth rate, marking its slowest revenue growth since its 2017 initial public offering, citing economic uncertainty impacting enterprise technology spending. The mixed signals from strong past performance and a conservative future outlook created a balanced sentiment, preventing sustained upward momentum.
2. Downward Revisions in Analyst Price Targets Despite Maintained Positive Ratings.
Following the earnings report, a trend of analysts maintaining "Buy" or "Outperform" ratings for Okta but simultaneously reducing their price targets emerged. For example, Needham lowered its price target from $110 to $90 (an 18.18% decrease) on March 5, 2026. Similarly, BTIG reduced its target from $116 to $90 (a 22.41% decrease) on March 2, 2026, and Jefferies cut its target from $125 to $105 (a 16% decrease) on the same day. While the underlying sentiment remained generally positive regarding Okta's long-term potential, these downward adjustments in price targets signaled a more tempered expectation for near-term growth, thereby contributing to the stock's consolidation rather than a significant breakout.
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Stock Movement Drivers
Fundamental Drivers
The -2.2% change in OKTA stock from 11/30/2025 to 3/17/2026 was primarily driven by a -29.4% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 80.33 | 78.53 | -2.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,763 | 2,919 | 5.6% |
| Net Income Margin (%) | 6.1% | 8.1% | 32.4% |
| P/E Multiple | 83.9 | 59.3 | -29.4% |
| Shares Outstanding (Mil) | 175 | 177 | -1.1% |
| Cumulative Contribution | -2.2% |
Market Drivers
11/30/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| OKTA | -2.2% | |
| Market (SPY) | -1.8% | 28.3% |
| Sector (XLK) | -2.5% | 38.7% |
Fundamental Drivers
The -15.3% change in OKTA stock from 8/31/2025 to 3/17/2026 was primarily driven by a -38.8% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 92.77 | 78.53 | -15.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,763 | 2,919 | 5.6% |
| Net Income Margin (%) | 6.1% | 8.1% | 32.4% |
| P/E Multiple | 96.9 | 59.3 | -38.8% |
| Shares Outstanding (Mil) | 175 | 177 | -1.1% |
| Cumulative Contribution | -15.3% |
Market Drivers
8/31/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| OKTA | -15.3% | |
| Market (SPY) | 4.3% | 34.5% |
| Sector (XLK) | 6.5% | 40.9% |
Fundamental Drivers
The -13.2% change in OKTA stock from 2/28/2025 to 3/17/2026 was primarily driven by a -21.5% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 90.49 | 78.53 | -13.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,533 | 2,919 | 15.2% |
| P/S Multiple | 6.1 | 4.8 | -21.5% |
| Shares Outstanding (Mil) | 170 | 177 | -4.0% |
| Cumulative Contribution | -13.2% |
Market Drivers
2/28/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| OKTA | -13.2% | |
| Market (SPY) | 13.9% | 42.7% |
| Sector (XLK) | 24.3% | 47.0% |
Fundamental Drivers
The 10.2% change in OKTA stock from 2/28/2023 to 3/17/2026 was primarily driven by a 68.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 71.29 | 78.53 | 10.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,731 | 2,919 | 68.6% |
| P/S Multiple | 6.5 | 4.8 | -27.0% |
| Shares Outstanding (Mil) | 159 | 177 | -10.5% |
| Cumulative Contribution | 10.2% |
Market Drivers
2/28/2023 to 3/17/2026| Return | Correlation | |
|---|---|---|
| OKTA | 10.2% | |
| Market (SPY) | 75.6% | 41.0% |
| Sector (XLK) | 108.6% | 43.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| OKTA Return | -12% | -70% | 32% | -13% | 10% | -11% | -70% |
| Peers Return | 42% | -42% | 103% | 13% | 14% | -19% | 76% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -2% | 78% |
Monthly Win Rates [3] | |||||||
| OKTA Win Rate | 67% | 25% | 50% | 42% | 33% | 33% | |
| Peers Win Rate | 73% | 33% | 69% | 58% | 52% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| OKTA Max Drawdown | -22% | -80% | -5% | -22% | -1% | -20% | |
| Peers Max Drawdown | -13% | -45% | -11% | -14% | -15% | -28% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSFT, SAIL, CRWD, ZS, PANW. See OKTA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/17/2026 (YTD)
How Low Can It Go
| Event | OKTA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -84.6% | -25.4% |
| % Gain to Breakeven | 548.1% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -31.1% | -33.9% |
| % Gain to Breakeven | 45.2% | 51.3% |
| Time to Breakeven | 29 days | 148 days |
| 2018 Correction | ||
| % Loss | -35.5% | -19.8% |
| % Gain to Breakeven | 55.1% | 24.7% |
| Time to Breakeven | 58 days | 120 days |
Compare to MSFT, SAIL, CRWD, ZS, PANW
In The Past
Okta's stock fell -84.6% during the 2022 Inflation Shock from a high on 2/12/2021. A -84.6% loss requires a 548.1% gain to breakeven.
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About Okta (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 Identity Cloud, a platform that offers a suite of products and services, 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 that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that 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 Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. 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.
AI Analysis | Feedback
Okta is like the **Apple ID or Google account for businesses**, providing a central digital identity that gives employees secure, single-sign-on access to all their work applications.
Okta is like **Microsoft Active Directory, but built for the modern cloud enterprise** to manage all user identities and access across every application, on-premise or in the cloud.
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- Universal Directory: A cloud-based system of record for storing and securing user, application, and device profiles for an organization.
- Single Sign-On (SSO): Enables users to access applications, whether in the cloud or on-premise, from various devices with a single login.
- Adaptive Multi-Factor Authentication: Provides an additional layer of security for cloud, mobile, and web applications, as well as data.
- Lifecycle Management: Enables IT organizations or developers to manage a user's identity throughout its entire lifecycle.
- API Access Management: Allows organizations to secure their APIs, controlling access and permissions.
- Access Gateway: Extends the Okta Identity Cloud's capabilities from the cloud to an organization's existing on-premise applications.
- Advanced Server Access: Secures access to cloud infrastructure and servers.
- Auth0 Universal Login: Allows customers to provide a consistent and customized login experience across different applications and devices.
- Auth0 Attack Protection: A suite of security capabilities designed to protect applications from malicious traffic.
- Auth0 Adaptive Multi-Factor Authentication: Minimizes friction for end-users while enhancing security during the login process.
- Auth0 Passwordless Authentication: Enables users to log in without a password, supporting various modern login methods.
- Auth0 Machine to Machine (M2M): Provides standards-based authentication and authorization for secure machine interactions.
- Auth0 Private Cloud: Allows customers to run a dedicated cloud instance of Auth0 for greater control and isolation.
- Auth0 Organizations: Enables customers to create independent configurations, login experiences, and security options for different groups or tenants.
- Customer Support, Training, and Professional Services: Okta provides comprehensive support, training, and expert professional services to assist customers.
AI Analysis | Feedback
Okta (OKTA) primarily sells its identity solutions to other companies and organizations. Based on the provided background information, Okta serves the following categories of customers:- Enterprises
- Small and medium-sized businesses (SMBs)
- Universities
- Non-profits
- Government agencies
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Todd McKinnon, CEO, Chairperson of the Board and Co-Founder
Todd McKinnon co-founded Okta in 2009. He is responsible for steering the company's vision and strategy, leading it to become a $25 billion public company. Before founding Okta, he held significant roles at Salesforce.com, where he was the Head of Engineering, growing the team from 15 to over 250 people. He also worked at PeopleSoft in various engineering and leadership positions for nearly a decade.
Brett Tighe, Chief Financial Officer
Brett Tighe serves as the Chief Financial Officer at Okta, overseeing the company's financial strategy and operations. He joined Okta in 2015 and played a pivotal role in its successful Initial Public Offering (IPO) in 2017. Prior to joining Okta, Brett held various senior finance and strategy positions at Salesforce.com, including Senior Director of Corporate Finance and Strategy.
Frederic Kerrest, Vice Chairman and Co-Founder
Frederic Kerrest co-founded Okta in 2009. He served as Okta's Chief Operating Officer from 2009 to November 2023, responsible for day-to-day operations and corporate priorities. Before co-founding Okta, Frederic worked in sales and business development at Salesforce.com, where he established and built the Latin America sales organization, Mobile group, and OEM/Reseller programs. He also gained experience in venture capital at Hummer Winblad Venture Partners and co-founded an award-winning high-tech consulting firm.
Jon Addison, Chief Revenue Officer
Jon Addison is Okta's Chief Revenue Officer, responsible for driving the company's revenue growth and overseeing the global sales strategy. He brings over 20 years of sales leadership and operational experience from global technology organizations. His previous roles include leadership positions at LinkedIn, Oracle, and Finastra.
Shannon Duffy, Chief Marketing Officer
Shannon Duffy was appointed as Okta's Chief Marketing Officer in October 2025. She leads the company's demand generation, product marketing, brand direction, and overall marketing strategy. Prior to joining Okta, Shannon served as CMO at Asana and held the role of Executive Vice President Cloud & Industry Marketing at Salesforce, where she guided messaging, experiences, and go-to-market strategy for flagship products.
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The key risks to Okta's business are:- Security Incidents and Reputational Damage: As an identity solutions provider, Okta faces significant risk from security breaches and vulnerabilities within its platform. Past incidents, such as the LAPSUS$ breach in January 2022 and the customer support system breach in October 2023, have led to reputational damage, customer trust erosion, and financial penalties, including a $60 million settlement in a shareholder lawsuit. Such incidents directly impact customer acquisition and retention in a security-sensitive market.
- Intense Competition: Okta operates in a highly competitive identity and access management (IAM) market. It faces significant competition from major technology companies like Microsoft (with Entra ID/Azure AD), AWS (IAM/Cognito), Google Cloud Identity, Palo Alto Networks, and CyberArk. These larger competitors often have the ability to bundle IAM services into broader cloud offerings, which can exert pressure on Okta's pricing and market share. Okta also faces challenges in specific areas like identity governance and privileged access management, where its offerings are not always considered best-in-class compared to specialists.
- Integration and Expansion Challenges: The acquisition of Auth0, while strategic, introduced risks related to integration complexities, potential disruptions to business, and a substantial burden on Okta's management and internal resources. Furthermore, Okta's strategy to expand its product portfolio beyond its core IAM offerings into new areas such as Privileged Access Management (PAM) and Identity Governance and Administration (IGA) carries risks. These include the potential for slower adoption rates, customer dissatisfaction if new offerings do not achieve the same level of excellence, and the risk of diluting focus from its established core strengths.
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Okta (symbol: OKTA) operates in several significant addressable markets globally, with its total addressable market (TAM) estimated to be around $80 billion. This global TAM is primarily segmented into Workforce Identity and Customer Identity solutions.
Addressable Markets for Okta's Main Products and Services:
- Overall Total Addressable Market (TAM): Okta estimates its global total addressable market at $80 billion.
- Workforce Identity (Employee Access Management): The market for Employee Access Management solutions, a core component of Okta's Workforce Identity Cloud, is estimated at $41 billion globally. This figure is adjusted for international expansion potential. Earlier estimates placed this market at $30 billion or $35 billion.
- Customer Identity (Customer Identity Management): The market for Customer Identity Management solutions, which includes Auth0 products, is estimated at $30 billion globally. Previous estimations for this market were $25 billion or $30 billion. The acquisition of Auth0 significantly expanded Okta's presence in this market.
- Identity and Access Management (IAM): The broader global Identity and Access Management market, which encompasses many of Okta's offerings, was valued at approximately $19.33 billion in 2024 and is projected to grow to around $65.30 billion by 2032. Other estimates for the global IAM market include $22.27 billion in 2025, projected to reach $77.92 billion by 2034. North America holds a significant share, with the U.S. market alone estimated at $5.95 billion in 2025, projected to reach $17.45 billion by 2034.
- Multi-Factor Authentication (MFA): The global multi-factor authentication market was estimated at $16.31 billion in 2023 and is projected to reach $41.29 billion by 2030. Another source indicates the global MFA market was valued at $16.85 billion in 2024 and is projected to reach $83.72 billion by 2034. North America is a dominant region in the MFA market.
- Single Sign-On (SSO): The global single sign-on market size was valued at $3.83 billion in 2025 and is projected to grow to $13.29 billion by 2034. Another estimate values the global SSO market at $3.34 billion in 2025, expected to reach $6.29 billion by 2030. North America is a key region for the SSO market.
- API Access Management (API Management): The global API management market was valued at $2.2 billion in 2021 and is projected to reach $41.5 billion by 2031. More recent estimates place the global API management market at $12.16 billion in 2025, with a projection to reach $169.33 billion by 2034. North America is a significant market, with the U.S. API Management market alone valued at $1.70 billion in 2025, expected to reach $11.49 billion by 2035.
- Cloud Infrastructure Security (Advanced Server Access): The broader global cloud security market, which includes securing cloud infrastructure, reached approximately $76 billion in 2023. Other estimates for the global cloud security market include $35.84 billion in 2024, projected to reach $75.26 billion by 2030. North America leads in cloud security spending, with the U.S. investing a significant portion.
- AI Agents Security: Okta anticipates that the rising adoption of AI agents presents a substantial opportunity to expand its total addressable market, having developed "Auth0 for AI Agents" to manage their security.
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Expected Drivers of Future Revenue Growth for Okta (OKTA)
Over the next 2-3 years, Okta (OKTA) is expected to drive future revenue growth through several key initiatives:
- Securing AI Agents / AI Security: Okta has identified securing artificial intelligence (AI) agents as a core growth driver, with its CEO emphasizing the critical role of identity in AI. The company has introduced capabilities for securing AI agents, encompassing authentication, token vaulting, fine-grained authorization, and governance features for non-human identities. Recently launched AI agent security products are contributing increasingly to bookings, and an early version of Auth0 for Gen AI product already has a significant waitlist.
- Growth in Large Customers: Okta is concentrating on acquiring and expanding business with large enterprise customers. The company's focus on larger deals and increasing the number of customers spending over $100,000 annually has shown consistent growth. Okta aims to further enhance its strategy to land bigger deals and accelerate growth with these significant clients, having surpassed a major milestone of $3 billion in annual contract value.
- Expansion of Product Portfolio and New Product Adoption: The adoption and increasing contribution of recently launched products, particularly those focused on identity governance, are key revenue drivers. Okta Identity Governance (OIG) has proven to be a successful upsell, especially for existing customers utilizing Okta Workflows. The company continues to expand its comprehensive portfolio, which includes the Auth0 product suite offerings such as Universal Login, Attack Protection, Adaptive Multi-Factor Authentication, Passwordless authentication, Machine to Machine, private Cloud, and Organizations.
- Strategic Partnerships and Cross-sell: Okta anticipates revenue growth from strategic partnerships, such as its collaboration with AWS, which has generated over $1 billion in marketplace sales. Additionally, the company is focused on increasing cross-selling opportunities within its existing base of over 19,600 customers.
- International Expansion and Improved Go-to-Market Strategy: Okta is strategically leveraging global system integrators for international expansion. The company's enhanced go-to-market specialization has led to improvements in key performance indicators, including sales productivity. Okta also highlights its capability to address the evolving identity and access management needs of its global customer base.
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Share Repurchases
- Okta announced a $1 billion share repurchase program, effective January 5, 2026, which has no fixed expiration date and can be modified or terminated at the board's discretion. This program is intended to be funded by existing cash balances and cash flow from operations.
- As of the period ending January 31, 2026, Okta made $73 million in share buybacks.
Share Issuance
- Okta's shares outstanding increased by 2.4% year-over-year to 0.179 billion for the quarter ending January 31, 2026.
- Shares outstanding increased by 7% from 0.164 billion in 2024 to 0.175 billion in 2025.
- In 2024, shares outstanding increased by 3.55% from 0.158 billion in 2023 to 0.164 billion.
Outbound Investments
- In March 2021, Okta acquired Auth0 for $6.5 billion, a move that significantly expanded its capabilities in customer identity and access management (CIAM).
- Okta acquired Axiom Security for an estimated $100 million in August 2025, enhancing its Privileged Access Management (PAM) solution.
- Other acquisitions include Spera Cybersecurity, Ltd. for $100 million in December 2023 and WithUno, Inc. in October 2023 (undisclosed amount).
Capital Expenditures
- Okta's capital expenditures were $8 million for fiscal year 2025 (ended January), $8 million for fiscal year 2024, and $12 million for fiscal year 2023.
- Projected capital expenditures are $9 million for fiscal year 2026, increasing to $11.27 million for fiscal year 2027.
- The company's capital allocation includes investments in hardening existing products and innovating with new security features.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is ... Fall In Okta (OKTA) Stock A Buying Opportunity? | 03/17/2026 | |
| Okta Stock (+11%): Strong FY27 Guidance Overshadows Mixed Q1 Outlook | 03/06/2026 | |
| Okta Stock Jumps 11% In A Day, Should You Buy The Stock? | 03/06/2026 | |
| Okta Stock vs Competition: Who Wins? | 03/06/2026 | |
| Okta Earnings Notes | 12/27/2025 | |
| Why APP, DAVE May Be Better Than Okta Stock | 11/05/2025 | |
| Can Okta Stock Hold Up When Markets Turn? | 10/17/2025 | |
| OKTA Dip Buy Analysis | 07/10/2025 | |
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| ARTICLES | ||
| Time To Buy The Dip In Okta Stock? | 03/17/2026 | |
| How Does Okta Stock Compare With Peers? | 03/06/2026 | |
| Buy or Sell Okta Stock? | 03/06/2026 | |
| Why Okta’s Slower Growth Is Pressuring The Stock | 02/20/2026 | |
| Why Did Okta Stock Drop 20%? | 12/05/2025 |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 162.59 |
| Mkt Cap | 67.2 |
| Rev LTM | 3,907 |
| Op Inc LTM | 4 |
| FCF LTM | 1,058 |
| FCF 3Y Avg | 1,079 |
| CFO LTM | 1,363 |
| CFO 3Y Avg | 1,387 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 19.2% |
| Rev Chg 3Y Avg | 17.2% |
| Rev Chg Q | 18.3% |
| QoQ Delta Rev Chg LTM | 4.4% |
| Op Mgn LTM | 0.2% |
| Op Mgn 3Y Avg | -4.5% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 35.3% |
| CFO/Rev 3Y Avg | 36.0% |
| FCF/Rev LTM | 27.5% |
| FCF/Rev 3Y Avg | 27.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 67.2 |
| P/S | 9.0 |
| P/EBIT | -4.0 |
| P/E | -0.6 |
| P/CFO | 26.2 |
| Total Yield | 0.5% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.3% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.9% |
| 3M Rtn | -14.6% |
| 6M Rtn | -18.6% |
| 12M Rtn | -15.8% |
| 3Y Rtn | 47.1% |
| 1M Excs Rtn | -2.2% |
| 3M Excs Rtn | -13.6% |
| 6M Excs Rtn | -20.6% |
| 12M Excs Rtn | -33.3% |
| 3Y Excs Rtn | -17.7% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $78.53 | |
| Market Cap ($ Bil) | 13.9 | |
| First Trading Date | 04/07/2017 | |
| Distance from 52W High | -38.3% | |
| 50 Days | 200 Days | |
| DMA Price | $83.97 | $89.82 |
| DMA Trend | down | down |
| Distance from DMA | -6.5% | -12.6% |
| 3M | 1YR | |
| Volatility | 50.4% | 42.9% |
| Downside Capture | 133.92 | 159.84 |
| Upside Capture | 58.18 | 90.02 |
| Correlation (SPY) | 27.0% | 49.6% |
OKTA Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.35 | 1.97 | 1.85 | 1.50 | 1.16 | 1.29 |
| Up Beta | 3.09 | 2.98 | 2.61 | 1.49 | 1.18 | 1.06 |
| Down Beta | 2.27 | 1.65 | 1.77 | 1.55 | 0.98 | 1.13 |
| Up Capture | 71% | 99% | 134% | 95% | 112% | 264% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 20 | 31 | 59 | 119 | 375 |
| Down Capture | 334% | 245% | 188% | 171% | 128% | 110% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 11 | 21 | 30 | 65 | 131 | 375 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OKTA | |
|---|---|---|---|---|
| OKTA | -29.8% | 43.0% | -0.71 | - |
| Sector ETF (XLK) | 31.2% | 26.6% | 0.99 | 51.0% |
| Equity (SPY) | 20.3% | 18.8% | 0.85 | 49.7% |
| Gold (GLD) | 68.2% | 26.2% | 1.97 | -0.5% |
| Commodities (DBC) | 19.1% | 17.3% | 0.89 | 8.6% |
| Real Estate (VNQ) | 7.6% | 16.1% | 0.27 | 28.4% |
| Bitcoin (BTCUSD) | -10.5% | 44.3% | -0.12 | 23.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OKTA | |
|---|---|---|---|---|
| OKTA | -18.9% | 55.2% | -0.16 | - |
| Sector ETF (XLK) | 17.5% | 24.6% | 0.64 | 50.1% |
| Equity (SPY) | 13.0% | 17.0% | 0.60 | 46.9% |
| Gold (GLD) | 23.4% | 17.2% | 1.11 | 7.1% |
| Commodities (DBC) | 11.0% | 19.0% | 0.47 | 6.6% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 33.6% |
| Bitcoin (BTCUSD) | 6.1% | 56.7% | 0.33 | 22.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OKTA | |
|---|---|---|---|---|
| OKTA | 12.9% | 52.8% | 0.47 | - |
| Sector ETF (XLK) | 22.2% | 24.2% | 0.84 | 50.4% |
| Equity (SPY) | 14.8% | 17.9% | 0.71 | 44.0% |
| Gold (GLD) | 14.4% | 15.6% | 0.76 | 7.7% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 8.7% |
| Real Estate (VNQ) | 5.8% | 20.7% | 0.24 | 28.7% |
| Bitcoin (BTCUSD) | 68.3% | 66.8% | 1.07 | 14.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/4/2026 | 11.0% | 12.7% | |
| 12/2/2025 | 5.5% | 7.2% | 7.1% |
| 8/26/2025 | 1.6% | -1.9% | -0.4% |
| 5/27/2025 | -16.2% | -17.5% | -21.8% |
| 3/3/2025 | 24.3% | 20.7% | 20.1% |
| 12/3/2024 | 5.4% | 1.3% | -1.2% |
| 8/28/2024 | -17.6% | -22.6% | -23.4% |
| 5/29/2024 | -7.8% | -8.1% | -2.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 14 | 11 |
| # Negative | 11 | 11 | 13 |
| Median Positive | 8.7% | 10.0% | 13.2% |
| Median Negative | -8.1% | -14.5% | -7.8% |
| Max Positive | 26.5% | 24.7% | 28.2% |
| Max Negative | -33.7% | -31.4% | -37.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 03/05/2026 | 10-K |
| 10/31/2025 | 12/03/2025 | 10-Q |
| 07/31/2025 | 08/27/2025 | 10-Q |
| 04/30/2025 | 05/28/2025 | 10-Q |
| 01/31/2025 | 03/05/2025 | 10-K |
| 10/31/2024 | 12/04/2024 | 10-Q |
| 07/31/2024 | 08/29/2024 | 10-Q |
| 04/30/2024 | 05/30/2024 | 10-Q |
| 01/31/2024 | 03/01/2024 | 10-K |
| 10/31/2023 | 12/01/2023 | 10-Q |
| 07/31/2023 | 08/31/2023 | 10-Q |
| 04/30/2023 | 06/01/2023 | 10-Q |
| 01/31/2023 | 03/03/2023 | 10-K |
| 10/31/2022 | 12/01/2022 | 10-Q |
| 07/31/2022 | 09/01/2022 | 10-Q |
| 04/30/2022 | 06/03/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kelleher, Eric Robert | See Remarks | Direct | Sell | 1062026 | 84.40 | 2,409 | 203,326 | 950,881 | Form |
| 2 | McKinnon, Todd | Chief Executive Officer | Direct | Sell | 12232025 | 90.96 | 11,286 | Form | ||
| 3 | Kelleher, Eric Robert | See Remarks | Direct | Sell | 12222025 | 90.19 | 8,370 | 754,852 | 1,016,028 | Form |
| 4 | Kelleher, Eric Robert | See Remarks | Direct | Sell | 12222025 | 91.40 | 127 | 11,608 | 1,029,712 | Form |
| 5 | Schwartz, Larissa | See Remarks | Direct | Sell | 12092025 | 85.71 | 1,318 | 112,966 | 3,017,078 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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