Okta, Inc. - (OKTA): Price and Financial Metrics
Okta, Inc. - (OKTA)
Today's Latest Price: $183.92 USD
Updated May 28 6:55pm
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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 Stock Price Chart More Charts
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 Price | DCF Fair Value Target: | Forecasted Gain: |
| $183.92 | $45066.88 | 25018% |
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 Flow | Return Relative to Current Share Price |
| 0% | 24526% |
| 1% | 24772% |
| 2% | 25018% |
| 3% | 25264% |
| 4% | 25511% |
| 5% | 25757% |
Want more companies with a valuation profile/forecast similar to that of Okta Inc? See LITE, BWMX, SCWX, SEDG, and PRSP.
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