Financhill
Buy
59

OKTA Quote, Financials, Valuation and Earnings

Last price:
$83.20
Seasonality move :
12.8%
Day range:
$82.88 - $84.13
52-week range:
$70.56 - $114.50
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
5.57x
P/B ratio:
2.28x
Volume:
1.7M
Avg. volume:
4.1M
1-year change:
-6.9%
Market cap:
$14.3B
Revenue:
$2.3B
EPS (TTM):
-$0.35

Analysts' Opinion

  • Consensus Rating
    Okta has received a consensus rating of Hold. The company's average rating is a Hold based on 12 Buy ratings, 19 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $103.55, Okta has an estimated upside of 24.47% from its current price of $83.19.
  • Price Target Downside
    According to analysts, the lowest downside price target is $75.00 representing 100% downside risk from its current price of $83.19.

Fair Value

  • According to the consensus of 31 analysts, Okta has 24.47% upside to fair value with a price target of $103.55 per share.

OKTA vs. S&P 500

  • Over the past 5 trading days, Okta has underperformed the S&P 500 by -5.4% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Okta does not have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Okta has grown year-over-year revenues for 0 quarters straight. In the most recent quarter Okta reported revenues of $665M.

Earnings Growth

  • Okta has grown year-over-year earnings for 0 quarters straight. In the most recent quarter Okta reported earnings per share of --.
Enterprise value:
12.9B
EV / Invested capital:
1.81x
Price / LTM sales:
5.57x
EV / EBIT:
--
EV / Revenue:
5.08x
PEG ratio (5yr expected):
--
EV / Free cash flow:
21.02x
Price / Operating cash flow:
23.06x
Enterprise value / EBITDA:
214.42x
Gross Profit (TTM):
$1.9B
Return On Assets:
-0.44%
Net Income Margin (TTM):
-1.54%
Return On Equity:
-0.65%
Return On Invested Capital:
-0.55%
Operating Margin:
-2.41%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-10-31 2023-10-31 2024-10-31 2023-10-31 2024-10-31
Income Statement
Revenue $1.7B $2.2B $2.5B $584M $665M
Gross Profit $1.2B $1.6B $1.9B $439M $508M
Operating Income -$856.3M -$547M -$137M -$107M -$16M
EBITDA -$736.4M -$344M $60M -$51M $48M
Diluted EPS -$5.78 -$2.86 -$0.35 -$0.49 --
Period Ending 2020-10-31 2021-10-31 2022-10-31 2023-10-31 2024-10-31
Balance Sheet
Current Assets $2.8B $2.9B $3B $2.7B $3B
Total Assets $3.2B $9B $9.1B $8.7B $9B
Current Liabilities $573.9M $988.2M $1.3B $1.5B $2.2B
Total Liabilities $2.5B $3B $3.7B $3B $2.7B
Total Equity $680.6M $6B $5.4B $5.7B $6.3B
Total Debt $1.7B $1.8B $2.2B $1.3B $858M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-10-31 2023-10-31 2024-10-31 2023-10-31 2024-10-31
Cash Flow Statement
Cash Flow Operations $23.4M $414M $638M $156M $159M
Cash From Investing -$203.9M $491M -$270M $20M -$99M
Cash From Financing $64.6M -$760M -$461M -$133M -$265M
Free Cash Flow -$4.3M $394M $612M $149M $154M
OKTA
Sector
Market Cap
$14.3B
$123.7M
Price % of 52-Week High
72.66%
68.33%
Dividend Yield
0%
0%
Shareholder Yield
--
1%
1-Year Price Total Return
-6.91%
-6.88%
Beta (5-Year)
1.001
0.944
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $83.17
200-day SMA
Sell
Level $88.04
Bollinger Bands (100)
Buy
Level 71.99 - 87.55
Chaikin Money Flow
Buy
Level 146.2M
20-day SMA
Buy
Level $82.40
Relative Strength Index (RSI14)
Buy
Level 55.56
ADX Line
Sell
Level 11.61
Williams %R
Neutral
Level -68.5329
50-day SMA
Buy
Level $77.95
MACD (12, 26)
Buy
Level 1.58
25-day Aroon Oscillator
Buy
Level 40
On Balance Volume
Neutral
Level 225.9M

Financial Scores

Hold
Altman Z-Score (Annual)
Level (2.5228)
Buy
CA Score (Annual)
Level (0.0229)
Buy
Beneish M-Score (Annual)
Level (-2.7087)
Buy
Momentum Score
Level (5)
Buy
Ohlson Score
Level (-0.3844)
Buy
Piotroski F Score (Annual)
Level (7)
Sell
Quality Ratio Score
Level (4)
Buy
Fundamental Score
Level (6)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta’s workforce offerings enable a company’s employees to securely access its cloud-based and on-premises resources. The firm’s customer offerings allow its clients’ customers to securely access the client’s applications.

Stock Forecast FAQ

In the current month, OKTA has received 12 Buy ratings 19 Hold ratings, and 0 Sell ratings. The OKTA average analyst price target in the past 3 months is $103.55.

  • Where Will Okta Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Okta share price will rise to $103.55 per share over the next 12 months.

  • What Do Analysts Say About Okta?

    Analysts are divided on their view about Okta share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Okta is a Sell and believe this share price will drop from its current level to $75.00.

  • What Is Okta's Price Target?

    The price target for Okta over the next 1-year time period is forecast to be $103.55 according to 31 Wall Street analysts, 12 of them rate the stock a Buy, 0 rate the stock a Sell, and 19 analysts rate the stock a Hold.

  • Is OKTA A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Okta is a Hold. 19 of 31 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of OKTA?

    You can purchase shares of Okta via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Okta shares.

  • What Is The Okta Share Price Today?

    Okta was last trading at $83.20 per share. This represents the most recent stock quote for Okta. Yesterday, Okta closed at $83.19 per share.

  • How To Buy Okta Stock Online?

    In order to purchase Okta stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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