Okta, Inc. - (OKTA): Price and Financial Metrics

Okta, Inc. - (OKTA)

Today's Latest Price: $202.83 USD

4.01 (2.02%)

Updated Aug 13 5:55pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 47 in Software - Business

See all "A" rated Strong Buy stocks

OKTA Stock Summary

  • With a market capitalization of $24,774,805,717, Okta Inc has a greater market value than 92.02% of US stocks.
  • The price/operating cash flow metric for Okta Inc is higher than 98.89% of stocks in our set with a positive cash flow.
  • OKTA's price/sales ratio is 38.49; that's higher than the P/S ratio of 95.14% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Okta Inc are PS, RAMP, SVMK, PFPT, and FIVN.
  • OKTA's SEC filings can be seen here. And to visit Okta Inc's official web site, go to www.okta.com.
OKTA Daily Price Range
OKTA 52-Week Price Range

OKTA Stock Price Chart Technical Analysis Charts

OKTA Price/Volume Stats

Current price $202.83 52-week high $226.89
Prev. close $198.82 52-week low $88.66
Day low $200.17 Volume 1,067,517
Day high $205.10 Avg. volume 1,892,070
50-day MA $202.97 Dividend yield N/A
200-day MA $150.85 Market Cap 25.27B

Okta, Inc. - (OKTA) Company Bio

Okta, Inc. operates an integrated system that connects persons via devices. The company’s identity cloud connects various companies to pre-integrated apps and devices every day. It offers single sign-on, mobility management, adaptive multi-factor authentication, lifecycle management, and universal directory products for IT customers; and complete authentication, user management, flexible administration, API access management, and developer tools for developers. The company is headquartered in San Francisco, California.

OKTA Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$202.83$41741.08 21177%

Below please find a table outlining a discounted cash flow forecast for OKTA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Okta Inc ranked in the 98th percentile in terms of potential gain offered. As the table below shows, the model suggests the stock is dramatically undervalued -- investors should note, though, that such returns are always unlikely and not to be expected. As for the metrics that stood out in our discounted cash flow analysis of Okta Inc, consider:

  • The business' balance sheet suggests that 5% of the company's capital is sourced from debt; this is greater than merely 14.05% of the free cash flow producing stocks we're observing.
  • Okta Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -5.63. This coverage rate is greater than that of only 10.83% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • As a business, Okta Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Technology), this tax rate is higher than just 24.65% of stocks generating free cash flow.

Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price

Want more companies with a valuation profile/forecast similar to that of Okta Inc? See LITE, MOMO, TRT, PRSP, and SNE.

OKTA Latest News Stream

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Latest OKTA News From Around the Web

Below are the latest news stories about Okta Inc that investors may wish to consider to help them evaluate OKTA as an investment opportunity.

3 Game-Changing Stocks to Invest $1,000 In Right Now

More specific to Okta, the company is making a name for itself through its reliance on artificial intelligence and machine learning. The company's identity security solutions can identify situations where deploying extra security precautions, such as multifactor authentication, makes sense in order to keep unwanted individuals and/or robots out of company-sensitive clouds. What's more, Okta doesn't offer a one-size-fits-all security solution.

Yahoo | July 29, 2020

Ping Identity: Hybrid Cloud Leader With A Reasonable Valuation

Ping Identity (PING) is a leader in customer identity solutions, with expanding product portfolio, high Annual Recurring Revenue ((ARR))/revenue growth, profitability, and yet reasonable valued, making it a buy. Identity solutions are gaining importance in enterprise spending priorities, as identity is becoming one of the core pillars in securing businesses....

Tech Stock Pros on Seeking Alpha | July 26, 2020

What's Next for Okta Stock and How Investors Should Play It

What's Next for Okta Stock and How Investors Should Play It…OKTA

The Street RealMoney | July 22, 2020

What's Next for Okta Stock and How Investors Should Play It

In his first "Executive Decision" segment of Mad Money Tuesday evening, Jim Cramer spoke with Todd McKinnon, co-founder and CEO of cybersecurity company Okta Inc. . Shares of Okta are up 140% from their March lows, trading for 26 times sales. It's not just corporate America that needs Okta's tools, McKinnon said.

Yahoo | July 22, 2020

Okta (OKTA) Stock Sinks As Market Gains: What You Should Know

Okta (OKTA) closed at $211.31 in the latest trading session, marking a -0.91% move from the prior day.

Yahoo | July 21, 2020

Read More 'OKTA' Stories Here

OKTA Price Returns

1-mo -1.90%
3-mo 11.69%
6-mo 48.02%
1-year 59.87%
3-year 744.07%
5-year N/A
YTD 75.81%
2019 80.83%
2018 149.12%
2017 N/A
2016 N/A
2015 N/A

Continue Researching OKTA

Want to see what other sources are saying about Okta Inc's financials and stock price? Try the links below:

Okta Inc (OKTA) Stock Price | Nasdaq
Okta Inc (OKTA) Stock Quote, History and News - Yahoo Finance
Okta Inc (OKTA) Stock Price and Basic Information | MarketWatch

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