OKTA Chart
About

Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 12.61B
Enterprise Value 10.57B Income 195.00M Sales 2.84B
Book/sh 38.89 Cash/sh 13.90 Dividend Yield —
Payout 0.00% Employees 5914 IPO —
P/E 64.67 Forward P/E 19.36 PEG —
P/S 4.44 P/B 1.83 P/C —
EV/EBITDA 50.56 EV/Sales 3.72 Quick Ratio 1.35
Current Ratio 1.47 Debt/Eq 6.14 LT Debt/Eq —
EPS (ttm) 1.10 EPS next Y 3.67 EPS Growth 156.00%
Revenue Growth 11.60% Earnings 2026-03-04 ROA 0.84%
ROE 2.96% ROIC — Gross Margin 77.08%
Oper. Margin 3.10% Profit Margin 6.87% Shs Outstand 169.46M
Shs Float 168.43M Short Float 5.03% Short Ratio 3.09
Short Interest — 52W High 127.57 52W Low 68.97
Beta 0.77 Avg Volume 2.87M Volume 3.93M
Target Price $112.05 Recom Buy Prev Close $69.51
Price $71.14 Change 2.34%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$112.05
Mean price target
2. Current target
$71.14
Latest analyst target
3. DCF / Fair value
$102.26
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$71.14
Low
$75.00
High
$145.00
Mean
$112.05

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-24 main TD Cowen Hold → Hold $105
2026-02-24 main Barclays Equal-Weight → Equal-Weight $85
2026-02-17 main Truist Securities Buy → Buy $115
2026-02-17 main Keybanc Overweight → Overweight $115
2026-02-17 main Mizuho Outperform → Outperform $100
2026-01-14 up Stephens & Co. Equal-Weight → Overweight $120
2026-01-05 main Piper Sandler Neutral → Neutral $100
2026-01-05 main RBC Capital Outperform → Outperform $108
2025-12-16 up Jefferies Hold → Buy $125
2025-12-12 reit Needham Buy → Buy $110
2025-12-04 reit BTIG Buy → Buy $116
2025-12-03 main DA Davidson Buy → Buy $140
2025-12-03 main Citigroup Neutral → Neutral $100
2025-12-03 main Goldman Sachs Buy → Buy $117
2025-12-03 main Piper Sandler Neutral → Neutral $95
2025-12-03 main RBC Capital Outperform → Outperform $97
2025-12-03 main Stifel Buy → Buy $121
2025-12-03 main Susquehanna Neutral → Neutral $80
2025-12-03 reit Cantor Fitzgerald Overweight → Overweight $115
2025-12-03 reit Guggenheim Buy → Buy $138
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1836 153251.0 — Sale at price 83.47 per share. SCHWARTZ LARISSA NICOLE Officer — 2026-02-06 00:00:00 D
1 10000 950691.0 — Sale at price 95.07 per share. TIGHE BRETT Chief Financial Officer — 2026-01-13 00:00:00 D
2 1052 99940.0 — Sale at price 95.00 per share. NINAN SHIBU Officer — 2026-01-13 00:00:00 D
3 1899 172315.0 — Sale at price 90.74 per share. SCHWARTZ LARISSA NICOLE Officer — 2026-01-07 00:00:00 D
4 2409 203326.0 — Sale at price 83.98 - 86.50 per share. KELLEHER ERIC ROBERT President — 2026-01-02 00:00:00 D
5 2409 nan — — KELLEHER ERIC ROBERT President — 2026-01-02 00:00:00 D
6 11286 1026576.0 — Sale at price 90.28 - 91.72 per share. MCKINNON TODD Chief Executive Officer — 2025-12-22 00:00:00 D
7 8497 766459.0 — Sale at price 90.01 - 91.40 per share. KELLEHER ERIC ROBERT President — 2025-12-22 00:00:00 D
8 842 nan — — KERREST JACQUES FREDERIC Director — 2025-12-15 00:00:00 D
9 18271 nan — — TIGHE BRETT Chief Financial Officer — 2025-12-15 00:00:00 D
Financials
Line Item2025-01-312024-01-312023-01-312022-01-31
TaxEffectOfUnusualItems3.12M10.50M-6.09M0.00
TaxRateForCalcs0.390.210.210.00
NormalizedEBITDA131.00M-295.00M-647.00M-651.00M
TotalUnusualItems8.00M50.00M-29.00M0.00
TotalUnusualItemsExcludingGoodwill8.00M50.00M-29.00M0.00
NetIncomeFromContinuingOperationNetMinorityInterest28.00M-355.00M-815.00M-848.00M
ReconciledDepreciation88.00M84.00M114.00M108.00M
ReconciledCostOfRevenue618.00M581.00M546.00M396.00M
EBITDA139.00M-245.00M-676.00M-651.00M
EBIT51.00M-329.00M-790.00M-759.00M
NetInterestIncome101.00M73.00M11.00M-82.00M
InterestExpense5.00M8.00M11.00M91.00M
InterestIncome106.00M81.00M22.00M9.00M
NormalizedIncome23.12M-394.50M-792.09M-848.00M
NetIncomeFromContinuingAndDiscontinuedOperation28.00M-355.00M-815.00M-848.00M
TotalExpenses2.67B2.72B2.64B2.07B
TotalOperatingIncomeAsReported-74.00M-516.00M-812.00M-768.00M
DilutedAverageShares175.09M163.63M158.02M148.04M
BasicAverageShares169.57M163.63M158.02M148.04M
DilutedEPS0.06-2.17-5.16-5.73
BasicEPS0.16-2.17-5.16-5.73
DilutedNIAvailtoComStockholders28.00M-355.00M-815.00M-848.00M
NetIncomeCommonStockholders28.00M-355.00M-815.00M-848.00M
NetIncome28.00M-355.00M-815.00M-848.00M
NetIncomeIncludingNoncontrollingInterests28.00M-355.00M-815.00M-848.00M
NetIncomeContinuousOperations28.00M-355.00M-815.00M-848.00M
TaxProvision18.00M18.00M14.00M-2.00M
PretaxIncome46.00M-337.00M-801.00M-850.00M
OtherIncomeExpense8.00M50.00M-29.00M-179.00K
SpecialIncomeCharges8.00M50.00M-29.00M0.00
OtherSpecialCharges-19.00M-106.00M179.00K
ImpairmentOfCapitalAssets28.00M14.00M
RestructuringAndMergernAcquisition11.00M56.00M29.00M0.00
NetNonOperatingInterestIncomeExpense101.00M73.00M11.00M-82.00M
InterestExpenseNonOperating5.00M8.00M11.00M91.00M
InterestIncomeNonOperating106.00M81.00M22.00M9.00M
OperatingIncome-63.00M-460.00M-783.00M-768.00M
OperatingExpense2.06B2.14B2.10B1.67B
ResearchAndDevelopment642.00M656.00M620.00M469.00M
SellingGeneralAndAdministration1.41B1.49B1.48B1.20B
SellingAndMarketingExpense965.00M1.04B1.07B771.00M
GeneralAndAdministrativeExpense448.00M450.00M409.00M432.00M
OtherGandA448.00M450.00M409.00M432.00M
GrossProfit1.99B1.68B1.31B904.00M
CostOfRevenue618.00M581.00M546.00M396.00M
TotalRevenue2.61B2.26B1.86B1.30B
OperatingRevenue2.61B2.26B1.86B1.30B
Line Item2025-01-312024-01-312023-01-312022-01-31
OrdinarySharesNumber173.46M167.13M161.31M156.60M
ShareIssued173.46M167.13M161.31M156.60M
NetDebt449.00M820.00M1.93B1.57B
TotalDebt952.00M1.27B2.37B2.03B
TangibleBookValue819.00M300.00M-175.00M204.00M
InvestedCapital7.26B7.04B7.66B7.75B
WorkingCapital893.00M1.20B1.76B1.80B
NetTangibleAssets819.00M300.00M-175.00M204.00M
CapitalLeaseObligations94.00M112.00M174.00M198.00M
CommonStockEquity6.41B5.89B5.47B5.92B
TotalCapitalization6.75B7.04B7.66B7.74B
TotalEquityGrossMinorityInterest6.41B5.89B5.47B5.92B
StockholdersEquity6.41B5.89B5.47B5.92B
GainsLossesNotAffectingRetainedEarnings-12.00M-6.00M-33.00M-12.00M
OtherEquityAdjustments-12.00M-6.00M-33.00M-12.00M
RetainedEarnings-2.80B-2.83B-2.48B-1.82B
AdditionalPaidInCapital9.22B8.72B7.97B7.75B
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest3.03B3.10B3.84B3.28B
TotalNonCurrentLiabilitiesNetMinorityInterest509.00M1.32B2.38B2.04B
OtherNonCurrentLiabilities39.00M30.00M11.00M22.00M
NonCurrentDeferredLiabilities27.00M23.00M30.00M32.00M
NonCurrentDeferredRevenue27.00M23.00M18.00M23.00M
NonCurrentDeferredTaxesLiabilities16.00M12.00M9.00M
LongTermDebtAndCapitalLeaseObligation443.00M1.27B2.33B1.99B
LongTermCapitalLeaseObligation94.00M112.00M142.00M171.00M
LongTermDebt349.00M1.15B2.19B1.82B
CurrentLiabilities2.52B1.78B1.47B1.24B
OtherCurrentLiabilities8.00M8.00M8.00M
CurrentDeferredLiabilities1.69B1.49B1.24B973.00M
CurrentDeferredRevenue1.69B1.49B1.24B973.00M
CurrentDebtAndCapitalLeaseObligation509.00M31.00M32.00M43.00M
CurrentCapitalLeaseObligation31.00M32.00M27.00M
CurrentDebt509.00M16.00M
OtherCurrentBorrowings509.00M16.00M
PensionandOtherPostRetirementBenefitPlansCurrent207.00M167.00M99.00M144.00M
PayablesAndAccruedExpenses116.00M127.00M84.00M75.00M
CurrentAccruedExpenses103.00M115.00M67.00M48.00M
Payables13.00M12.00M17.00M27.00M
TotalTaxPayable4.00M5.00M7.00M
AccountsPayable13.00M12.00M12.00M20.00M
TotalAssets9.44B8.99B9.31B9.21B
TotalNonCurrentAssets6.02B6.01B6.08B6.17B
OtherNonCurrentAssets51.00M48.00M46.00M43.00M
NonCurrentDeferredAssets267.00M242.00M210.00M191.00M
GoodwillAndOtherIntangibleAssets5.59B5.59B5.64B5.72B
OtherIntangibleAssets138.00M182.00M241.00M317.00M
Goodwill5.45B5.41B5.40B5.40B
NetPPE117.00M131.00M181.00M213.00M
AccumulatedDepreciation-56.00M-62.00M-48.00M-35.00M
GrossPPE173.00M193.00M229.00M248.00M
Leases84.00M92.00M88.00M82.00M
MachineryFurnitureEquipment15.00M18.00M19.00M18.00M
BuildingsAndImprovements74.00M83.00M122.00M148.00M
Properties0.000.000.000.00
CurrentAssets3.42B2.98B3.23B3.04B
OtherCurrentAssets132.00M106.00M76.00M66.00M
CurrentDeferredAssets140.00M113.00M92.00M75.00M
PrepaidAssets66.61M
Receivables621.00M559.00M481.00M398.00M
AccountsReceivable621.00M559.00M481.00M398.00M
AllowanceForDoubtfulAccountsReceivable-4.00M-6.00M-8.00M-4.00M
GrossAccountsReceivable625.00M565.00M489.00M402.00M
CashCashEquivalentsAndShortTermInvestments2.52B2.20B2.58B2.50B
OtherShortTermInvestments2.11B1.87B2.32B2.24B
CashAndCashEquivalents409.00M334.00M264.00M260.00M
CashEquivalents248.00M151.00M133.00M
CashFinancial161.00M183.00M131.00M
Line Item2025-01-312024-01-312023-01-312022-01-31
FreeCashFlow730.00M488.00M63.00M87.00M
RepaymentOfDebt-280.00M-937.00M0.000.00
IssuanceOfDebt0.000.00
CapitalExpenditure-20.00M-24.00M-23.00M-17.00M
InterestPaidSupplementalData3.00M5.00M6.00M6.00M
IncomeTaxPaidSupplementalData19.00M14.00M8.00M3.00M
EndCashPosition415.00M342.00M271.00M273.00M
BeginningCashPosition342.00M271.00M273.00M449.00M
EffectOfExchangeRateChanges-4.00M1.00M-6.00M-2.00M
ChangesInCash77.00M70.00M4.00M-174.00M
FinancingCashFlow-359.00M-883.00M48.00M89.00M
CashFlowFromContinuingFinancingActivities-359.00M-883.00M48.00M89.00M
NetOtherFinancingCharges-148.00M-7.00M2.00K
ProceedsFromStockOptionExercised69.00M54.00M48.00M89.00M
NetIssuancePaymentsOfDebt-280.00M-937.00M0.000.00
NetLongTermDebtIssuance-280.00M-937.00M0.000.00
LongTermDebtPayments-280.00M-937.00M0.000.00
LongTermDebtIssuance0.000.00
InvestingCashFlow-314.00M441.00M-130.00M-367.00M
CashFlowFromContinuingInvestingActivities-314.00M441.00M-130.00M-367.00M
NetInvestmentPurchaseAndSale-238.00M487.00M-103.00M-135.00M
SaleOfInvestment1.57B2.20B1.31B1.71B
PurchaseOfInvestment-1.81B-1.71B-1.41B-1.85B
NetBusinessPurchaseAndSale-56.00M-22.00M-4.00M-215.00M
PurchaseOfBusiness-56.00M-22.00M-4.00M-215.00M
NetIntangiblesPurchaseAndSale0.00-1.00M-2.00M0.00
PurchaseOfIntangibles0.00-1.00M-2.00M0.00
NetPPEPurchaseAndSale-8.00M-8.00M-12.00M-13.00M
PurchaseOfPPE-8.00M-8.00M-12.00M-13.00M
CapitalExpenditureReported-12.00M-15.00M-9.00M-4.00M
OperatingCashFlow750.00M512.00M86.00M104.00M
CashFlowFromContinuingOperatingActivities750.00M512.00M86.00M104.00M
ChangeInWorkingCapital-53.00M54.00M-7.00M140.00M
ChangeInOtherWorkingCapital21.00M92.00M142.00M245.00M
ChangeInOtherCurrentLiabilities-33.00M-39.00M-34.00M-24.00M
ChangeInOtherCurrentAssets20.00M23.00M27.00M23.00M
ChangeInPayablesAndAccruedExpense39.00M89.00M-42.00M78.00M
ChangeInAccruedExpense38.00M89.00M-36.00M71.00M
ChangeInPayable1.00M-6.00M7.00M
ChangeInAccountPayable1.00M0.00-6.00M7.00M
ChangeInPrepaidAssets-37.00M-32.00M-13.00M-7.00M
ChangeInReceivables-63.00M-79.00M-87.00M-175.00M
ChangesInAccountReceivables-63.00M-79.00M-87.00M-175.00M
OtherNonCashItems139.00M117.00M96.00M152.00M
StockBasedCompensation565.00M684.00M677.00M566.00M
AssetImpairmentCharge0.0028.00M14.00M0.00
DeferredTax2.00M6.00M7.00M-6.00M
DeferredIncomeTax2.00M6.00M7.00M-6.00M
DepreciationAmortizationDepletion88.00M84.00M114.00M108.00M
DepreciationAndAmortization88.00M84.00M114.00M108.00M
Depreciation88.00M84.00M114.00M108.00M
OperatingGainsLosses-19.00M-106.00M-1.00M-8.00M
GainLossOnInvestmentSecurities-1.00M-8.00M
NetIncomeFromContinuingOperations28.00M-355.00M-815.00M-848.00M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for OKTA
Date User Asset Broker Type Position Size Entry Price Patterns