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

Okta, Inc. - (OKTA)

Today's Latest Price: $183.92 USD

4.50 (2.51%)

Updated May 28 6:55pm

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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

  • The price/operating cash flow metric for Okta Inc is higher than 99.37% of stocks in our set with a positive cash flow.
  • OKTA's price/sales ratio is 38.53; that's higher than the P/S ratio of 95.71% of US stocks.
  • With a year-over-year growth in debt of 302.1%, Okta Inc's debt growth rate surpasses 94.38% of about US stocks.
  • Stocks that are quantitatively similar to OKTA, based on their financial statements, market capitalization, and price volatility, are RNG, DOCU, COUP, ZS, and ZEN.
  • Visit OKTA's SEC page to see the company's official filings. To visit the company's web site, go to www.okta.com.
OKTA Daily Price Range
OKTA 52-Week Price Range

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OKTA Price/Volume Stats

Current price $183.92 52-week high $196.90
Prev. close $179.42 52-week low $88.66
Day low $177.56 Volume 3,321,000
Day high $190.13 Avg. volume 1,845,229
50-day MA $148.98 Dividend yield N/A
200-day MA $127.05 Market Cap 22.58B

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:

We started the process of determining a valid price forecast for Okta Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Okta Inc ranked in the 98th percentile in terms of potential gain offered. Our DCF model suggests the stock is undervalued by 25141.33%; returns of such proportions should be viewed with some skepticism, though. As for the metrics that stood out in our discounted cash flow analysis of Okta Inc, consider:

  • The compound growth rate in the free cash flow of Okta Inc over the past 0.77 years is 6.19%; that's better than 98% of cash flow producing equities in the Technology sector, where it is classified.
  • Okta Inc's effective tax rate, as measured by taxes paid relative to net income, is at 1 -- greater than only 24.6% of US stocks with positive free cash flow.
  • Okta Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -7.58. This coverage rate is greater than that of only 8.01% of stocks we're observing for the purpose of forecasting via discounted cash flows.

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, BWMX, SCWX, SEDG, and PRSP.

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.

Tech Stocks May 28 Earnings Roster: VMW, CRM, ZS & OKTA (Revised)

Here is a sneak peek into how VMW, ZS, OKTA and CRM are poised ahead of their upcoming earnings releases on May 28.

Zacks Investment Research | May 28, 2020

UJET Integrates Identity Management Solutions Okta, OneLogin, and Microsoft ADFS Into Its Cloud Contact Center Platform

SAN FRANCISCO--(BUSINESS WIRE)--UJET Inc., a leading provider of cloud customer support solutions, today announced its integration into leading Identity Management providers, Okta, OneLogin, and Microsoft ADFS. These integrations allow support teams and business leaders to leverage best-in-class enterprise login authentication for all users of the UJET Admin Portal and agent adapters. With the addition of leading Identity Management solutions, UJET customers better protect the identities of the

Business Wire | May 27, 2020

Tech Stocks May 28 Earnings Roster: VMW, CRM, ADSK & More

Here is a sneak peek into how VMW, ADSK, ZS, OKTA and CRM are poised ahead of their earnings releases on May 28.

Zacks Investment Research | May 27, 2020

Okta (OKTA) Hits Fresh High: Is There Still Room to Run?

Okta (OKTA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Zacks Investment Research | May 27, 2020

Okta (OKTA) to Report Q1 Earnings: What's in the Cards?

Okta's (OKTA) first-quarter fiscal 2021 results are expected to reflect higher adoption of Identity solutions. However, continued investments in Identity Platform are expected to have kept margin under pressure.

Zacks Investment Research | May 26, 2020

Read More 'OKTA' Stories Here

OKTA Price Returns

1-mo 22.97%
3-mo 43.62%
6-mo 41.72%
1-year 72.53%
3-year 607.66%
5-year N/A
YTD 59.42%
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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