Okta, Inc. - (OKTA): Price and Financial Metrics
Okta, Inc. - (OKTA)
Today's Latest Price: $221.35 USD
Updated Oct 28 4:00pm
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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 >
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 Price | DCF 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 Flow | Return 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.
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