Okta, Inc. (OKTA)

$93.71

-0.09

(-0.1%)

Market is closed - opens 7 PM, 19 Apr 2024

Insights on Okta, Inc.

  • Increasing Revenue

    Revenue is up for the last 17 quarters, 167.32M → 605.0M (in $), with an average increase of 7.6% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 8 quarters, -242.71M → -44.0M (in $), with an average increase of 29.9% per quarter

  • Vs MSFT

    In the last 1 year, Microsoft Corporation has given 42.8% return, outperforming this stock by 20.8%

  • Vs PANW

    In the last 3 years, Palo Alto Networks, Inc. has given 59.2% return, outperforming this stock by 123.9%

Performance

  • $93.27
    $95.75
    $93.71
    downward going graph

    0.47%

    Downside

    Day's Volatility :2.59%

    Upside

    2.13%

    downward going graph
  • $65.04
    $114.50
    $93.71
    downward going graph

    30.59%

    Downside

    52 Weeks Volatility :43.2%

    Upside

    18.16%

    downward going graph

Returns

PeriodOkta, Inc.Sector (Technology)Index (Russel 2000)
3 Months
15.49%
-0.7%
0.0%
6 Months
9.84%
19.2%
0.0%
1 Year
20.55%
33.3%
-1.7%
3 Years
-64.74%
39.9%
-20.7%

Highlights

Market Capitalization
15.9B
Book Value
$35.23
Earnings Per Share (EPS)
-2.17
PEG Ratio
1.73
Wall Street Target Price
113.83
Profit Margin
-15.69%
Operating Margin TTM
-9.09%
Return On Assets TTM
-3.14%
Return On Equity TTM
-6.25%
Revenue TTM
2.3B
Revenue Per Share TTM
13.83
Quarterly Revenue Growth YOY
18.6%
Gross Profit TTM
1.3B
EBITDA
-376.0M
Diluted Eps TTM
-2.17
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
1.48
EPS Estimate Next Year
1.98
EPS Estimate Current Quarter
0.51
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    65%Buy
    31%Hold
    2%Sell
Based on 47 Wall street analysts offering stock ratings for Okta, Inc.(by analysts ranked 0 to 5 stars)
Based on 47 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
31
31
30
Hold
15
15
15
Sell
1
1
4

Analyst Forecast

What analysts predicted

Upside of 21.47%

Current $93.71
Target $113.83

Company Financials

FY19Y/Y Change
Revenue
399.3M
↑ 53.57%
Net Income
-125.5M
↑ 9.74%
Net Profit Margin
-31.43%
↑ 12.56%
FY20Y/Y Change
Revenue
586.1M
↑ 46.79%
Net Income
-208.9M
↑ 66.47%
Net Profit Margin
-35.65%
↓ 4.22%
FY21Y/Y Change
Revenue
835.4M
↑ 42.55%
Net Income
-266.3M
↑ 27.48%
Net Profit Margin
-31.88%
↑ 3.77%
FY22Y/Y Change
Revenue
1.3B
↑ 55.63%
Net Income
-848.4M
↑ 218.55%
Net Profit Margin
-65.25%
↓ 33.37%
FY23Y/Y Change
Revenue
1.9B
↑ 42.9%
Net Income
-815.0M
↓ 3.94%
Net Profit Margin
-43.86%
↑ 21.39%
FY24Y/Y Change
Revenue
2.3B
↑ 21.8%
Net Income
-355.0M
↓ 56.44%
Net Profit Margin
-15.69%
↑ 28.17%
Q4 FY22Q/Q Change
Revenue
481.0M
↑ 6.47%
Net Income
-208.9M
↓ 0.75%
Net Profit Margin
-43.43%
↑ 3.15%
Q1 FY23Q/Q Change
Revenue
510.0M
↑ 6.02%
Net Income
-153.0M
↓ 26.76%
Net Profit Margin
-30.0%
↑ 13.43%
Q2 FY23Q/Q Change
Revenue
518.0M
↑ 1.57%
Net Income
-119.0M
↓ 22.22%
Net Profit Margin
-22.97%
↑ 7.03%
Q3 FY23Q/Q Change
Revenue
556.0M
↑ 7.34%
Net Income
-111.0M
↓ 6.72%
Net Profit Margin
-19.96%
↑ 3.01%
Q4 FY23Q/Q Change
Revenue
584.0M
↑ 5.04%
Net Income
-81.0M
↓ 27.03%
Net Profit Margin
-13.87%
↑ 6.09%
Q1 FY24Q/Q Change
Revenue
605.0M
↑ 3.6%
Net Income
-44.0M
↓ 45.68%
Net Profit Margin
-7.27%
↑ 6.6%
FY19Y/Y Change
Total Assets
864.3M
↑ 135.26%
Total Liabilities
612.0M
↑ 200.26%
FY20Y/Y Change
Total Assets
2.0B
↑ 126.23%
Total Liabilities
1.6B
↑ 153.29%
FY21Y/Y Change
Total Assets
3.3B
↑ 68.7%
Total Liabilities
2.6B
↑ 68.04%
FY22Y/Y Change
Total Assets
9.2B
↑ 179.06%
Total Liabilities
3.3B
↑ 26.07%
FY23Y/Y Change
Total Assets
9.3B
↑ 1.1%
Total Liabilities
3.8B
↑ 16.97%
FY24Y/Y Change
Total Assets
9.0B
↓ 3.42%
Total Liabilities
3.1B
↓ 19.27%
Q4 FY22Q/Q Change
Total Assets
9.1B
↑ 0.22%
Total Liabilities
3.7B
↑ 1.8%
Q1 FY23Q/Q Change
Total Assets
9.3B
↑ 2.35%
Total Liabilities
3.8B
↑ 4.2%
Q2 FY23Q/Q Change
Total Assets
8.9B
↓ 4.37%
Total Liabilities
3.4B
↓ 12.37%
Q3 FY23Q/Q Change
Total Assets
8.7B
↓ 2.1%
Total Liabilities
3.1B
↓ 8.7%
Q4 FY23Q/Q Change
Total Assets
8.7B
↑ 0.31%
Total Liabilities
3.0B
↓ 2.05%
Q1 FY24Q/Q Change
Total Assets
9.0B
↑ 2.85%
Total Liabilities
3.1B
↑ 3.02%
FY19Y/Y Change
Operating Cash Flow
15.2M
↓ 160.11%
Investing Cash Flow
-197.3M
↑ 97.91%
Financing Cash Flow
357.8M
↑ 50.7%
FY20Y/Y Change
Operating Cash Flow
55.6M
↑ 266.48%
Investing Cash Flow
-688.0M
↑ 248.69%
Financing Cash Flow
853.4M
↑ 138.53%
FY21Y/Y Change
Operating Cash Flow
128.0M
↑ 130.14%
Investing Cash Flow
-1.3B
↑ 89.69%
Financing Cash Flow
1.1B
↑ 27.91%
FY22Y/Y Change
Operating Cash Flow
104.1M
↓ 18.63%
Investing Cash Flow
-366.8M
↓ 71.89%
Financing Cash Flow
89.1M
↓ 91.84%
FY23Y/Y Change
Operating Cash Flow
86.0M
↓ 17.4%
Investing Cash Flow
-130.0M
↓ 64.56%
Financing Cash Flow
48.0M
↓ 46.11%
Q4 FY22Q/Q Change
Operating Cash Flow
10.0M
↓ 152.39%
Investing Cash Flow
21.5M
↑ 9.47%
Financing Cash Flow
5.6M
↓ 75.02%
Q1 FY23Q/Q Change
Operating Cash Flow
76.2M
↑ 663.91%
Investing Cash Flow
-82.8M
↓ 485.21%
Financing Cash Flow
14.4M
↑ 156.26%
Q2 FY23Q/Q Change
Operating Cash Flow
129.0M
↑ 69.21%
Investing Cash Flow
59.0M
↓ 171.28%
Financing Cash Flow
-326.0M
↓ 2358.4%
Q3 FY23Q/Q Change
Operating Cash Flow
53.0M
↓ 58.91%
Investing Cash Flow
495.0M
↑ 738.98%
Financing Cash Flow
-315.0M
↓ 3.37%

Technicals Summary

Sell

Neutral

Buy

Okta, Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Okta, Inc.
Okta, Inc.
-11.41%
9.84%
20.55%
-64.74%
2.02%
Microsoft Corporation
Microsoft Corporation
-2.27%
24.76%
42.78%
59.17%
232.77%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
-1.16%
9.56%
41.99%
126.72%
247.71%
Adobe Systems Inc.
Adobe Systems Inc.
-8.97%
-14.63%
24.82%
-8.08%
74.3%
Oracle Corp.
Oracle Corp.
-7.14%
9.63%
23.01%
50.69%
117.66%
Synopsys Inc.
Synopsys Inc.
-9.77%
8.62%
39.29%
110.49%
350.96%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Okta, Inc.
Okta, Inc.
NA
NA
1.73
1.48
-0.06
-0.03
NA
35.23
Microsoft Corporation
Microsoft Corporation
37.3
37.3
2.1
10.96
0.39
0.15
0.01
32.06
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
42.18
42.18
1.12
5.5
0.9
0.03
NA
13.5
Adobe Systems Inc.
Adobe Systems Inc.
45.44
45.44
1.76
18.03
0.32
0.16
NA
34.13
Oracle Corp.
Oracle Corp.
31.63
31.63
1.02
5.59
0.5
0.07
0.01
2.05
Synopsys Inc.
Synopsys Inc.
59.92
59.92
2.6
13.46
0.23
0.09
NA
43.73
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Okta, Inc.
Okta, Inc.
Buy
$15.9B
2.02%
NA
-15.69%
Microsoft Corporation
Microsoft Corporation
Buy
$3.1T
232.77%
37.3
36.27%
Palo Alto Networks, Inc.
Palo Alto Networks, Inc.
Buy
$88.9B
247.71%
42.18
30.24%
Adobe Systems Inc.
Adobe Systems Inc.
Buy
$213.3B
74.3%
45.44
24.08%
Oracle Corp.
Oracle Corp.
Buy
$329.5B
117.66%
31.63
20.27%
Synopsys Inc.
Synopsys Inc.
Buy
$83.0B
350.96%
59.92
22.96%

Institutional Holdings

  • Vanguard Group Inc

    9.39%
  • FMR Inc

    9.22%
  • BlackRock Inc

    5.45%
  • Sands Capital Management, LLC

    4.99%
  • American Century Companies Inc

    2.88%
  • ING Investment Management LLC

    2.80%

Corporate Announcements

  • Okta, Inc. Earnings

    Okta, Inc.’s price-to-earnings ratio stands at None

    Read More

Company Information

okta is the leading independent provider of identity for the enterprise. the okta identity cloud connects and protects employees of many of the world's largest enterprises. it also securely connects enterprises to their partners, suppliers and customers. with deep integrations to over 5,000 apps, the okta identity cloud enables simple and secure access from any device. thousands of customers, including experian, 20th century fox, linkedin, flex, news corp, dish networks, and adobe trust okta to work faster, boost revenue and stay secure. okta helps customers fulfill their missions faster by making it safe and easy to use the technologies they need to do their most significant work.

Organization
Okta, Inc.
Employees
5908
CEO
Mr. Todd McKinnon
Industry
Technology Services

FAQs