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


Okta, Inc. - (OKTA)

Today's Latest Price: $216.20 USD

11.67 (5.71%)

Updated Sep 25 4:00pm

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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

  • Price to trailing twelve month operating cash flow for OKTA is currently 325.41, higher than 99% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 39.35, Okta Inc has a higher such ratio than 95.15% of stocks in our set.
  • With a year-over-year growth in debt of 353.95%, Okta Inc's debt growth rate surpasses 95.12% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Okta Inc are SPLK, TTWO, PANW, DOCU, and TWTR.
  • 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

OKTA Stock Price Chart Technical Analysis Charts


OKTA Price/Volume Stats

Current price $216.20 52-week high $231.29
Prev. close $204.53 52-week low $88.66
Day low $208.00 Volume 1,676,833
Day high $218.14 Avg. volume 1,851,111
50-day MA $207.86 Dividend yield N/A
200-day MA $164.04 Market Cap 27.69B

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:
$216.20$15083.47 7275%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Okta Inc. 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:

  • In the past 1.25 years, Okta Inc has a compound free cash flow growth rate of 4.31%; that's higher than 96.6% of free cash flow generating stocks in the Technology sector.
  • Okta Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% 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 -4.34. This coverage rate is greater than that of only 12.83% 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
0%7130%
1%7202%
2%7275%
3%7347%
4%7419%
5%7492%

SCWX, WEX, QCCO, ZMTP, and TRT can be thought of as valuation peers to OKTA, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.


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.

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

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

‘Companies have gotten a lot more comfortable doing serious business online’: Okta Co-Founder

Okta Co-Founder Frederic Kerrest joins Yahoo Finance’s Zack Guzman to discuss the company’s outlook on cloud security as Americans continue to work from home amid the coronavirus pandemic.

Yahoo | September 22, 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

Forget Snowflake: 3 Cloud Stocks I'd Rather Own

This should allow businesses to better manage their cloud storage expenses. Last, but not least, you wouldn't have to twist my arm to get me to buy into Amazon (NASDAQ: AMZN), which is actually a company I already own a stake in.

Yahoo | September 21, 2020

Read More 'OKTA' Stories Here

OKTA Price Returns

1-mo 3.95%
3-mo 8.19%
6-mo 76.84%
1-year 122.75%
3-year 645.77%
5-year N/A
YTD 87.40%
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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