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


Okta, Inc. - (OKTA)

Today's Latest Price: $221.35 USD

0.02 (0.01%)

Updated Oct 28 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 48 in Software - Business

See all "A" rated Strong Buy stocks

OKTA Stock Summary

  • Price to trailing twelve month operating cash flow for OKTA is currently 329.92, higher than 98.89% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 39.9, Okta Inc has a higher such ratio than 95.07% of stocks in our set.
  • With a year-over-year growth in debt of 353.95%, Okta Inc's debt growth rate surpasses 95.09% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Okta Inc are SPLK, TTWO, PANW, DOCU, and ENPH.
  • OKTA's SEC filings can be seen here. And to visit Okta Inc's official web site, go to www.okta.com.

OKTA Stock Price Chart Interactive Chart >

Price chart for OKTA

OKTA Price/Volume Stats

Current price $221.35 52-week high $251.18
Prev. close $221.33 52-week low $88.66
Day low $216.50 Volume 958,500
Day high $223.43 Avg. volume 1,778,243
50-day MA $217.02 Dividend yield N/A
200-day MA $176.59 Market Cap 28.35B

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:
$221.35$14409.57 6474%

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 95th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Okta Inc ended up being:

  • The business' balance sheet reveals debt to be 6% of the company's capital (with equity being the remaining amount). Approximately merely 17.2% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • Okta Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -4.34. This coverage rate is greater than that of just 12.68% 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 merely 0% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%6345%
1%6409%
2%6474%
3%6538%
4%6603%
5%6667%

Want more companies with a valuation profile/forecast similar to that of Okta Inc? See SCWX, SEDG, IMOS, EXFO, and ZMTP.


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.

Axis Security Takes Secure Remote Access to Next Level with New Capabilities, Integrations with Leading SIEM, Identity and Endpoint Solutions

Continuous adaptive secure application access technology--used to connect remote users-- gets a boost from enhancements to Axis Application Access Cloud and integrations with Splunk, Okta and CrowdStrike SAN MATEO, Calif., Sept. 29, 2020 /PRNewswire/ -- Axis Security, the leader in Zero…

PR Newswire | September 29, 2020

CrowdStrike: Advancing With Identity Security

CrowdStrike Holdings, Inc. (CRWD) recently acquired capabilities in Zero Trust and identity protection via Preempt Security. CRWD is expected to pay $96m ($86m in cash and $10 in stocks) to seal this deal. This article explains how the acquisition fits into the big picture. It also highlights the impact of...

Kayode Omotosho on Seeking Alpha | September 25, 2020

Appian, Okta, and Shopify Stocks All Popped on Friday | The Motley Fool

A lack of profitability didn't hurt them, for today at least.

The Motley Fool | September 25, 2020

Okta just poached a seasoned sales leader from Splunk and Salesforce to woo customers and tackle its 'massive' market opportunity (OKTA)

Summary List Placement Okta has poached sales exec Susan St. Ledger from data analytics firm Splunk to become its new president of worldwide field operations, where she'll oversee all its customer facing teams and steer the future growth of the company, the firm announced Friday. St. Ledger has worked in sales and revenue roles at enterprise software firms for over a decade, including four years at Splunk and 11 at Salesforce, most recently as chief revenue officer for its marketing cloud. She will officially come aboard in February, after current exec, Charles Race, ends his four year tenure at the company on January 31. Joining Okta was such a "compelling opportunity" because of the "massive" market opportunity, St. Ledger told Business Insider. Okta sells cloud software to manage onl...

Business Insider | September 25, 2020

CyberArk: A Different Player

The mix-shift towards shorter SaaS bookings represent a temporary headwind to CyberArk's (CYBR) growth and profitability factor. Regardless, CyberArk's improved capabilities in the IAM space will drive sustainable growth in the long term. Alongside Okta (OKTA), CyberArk has positioned itself as one of the top players with the resources to...

Kayode Omotosho on Seeking Alpha | September 21, 2020

Read More 'OKTA' Stories Here

OKTA Price Returns

1-mo 3.65%
3-mo 0.17%
6-mo 48.72%
1-year 97.09%
3-year 700.54%
5-year N/A
YTD 91.86%
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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