(OKTA) Okta - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6792951054

OKTA: Single Sign-On, Adaptive Multi-Factor Authentication, API Access Management, Identity Governance, Access Management

Okta, Inc. is a leading identity and access management platform provider, serving organizations globally. The company offers a comprehensive suite of solutions designed to secure and manage digital identities. Its product portfolio includes Single Sign-On (SSO), enabling seamless application access across devices; Adaptive Multi-Factor Authentication (MFA) for enhanced security; API Access Management to secure APIs; and Access Gateway for extending identity management to on-premises applications. Additionally, Okta provides Universal Directory for centralized identity management, Lifecycle Management for identity lifecycle automation, and Okta Identity Governance for compliance and access control. The platform also includes Advanced Server Access for cloud infrastructure security, Okta Privileged Access for managing high-risk access, and Workforce Identity Workflows for automating identity-related processes. Okta delivers Universal Login for consistent user experiences and Attack Protection to mitigate malicious threats. The company sells its solutions directly and through channel partners. Formerly known as Saasure, Inc., Okta was founded in 2009 and is headquartered in San Francisco, California.

Oktas platform supports a wide range of use cases, including workforce identity management, customer identity management, and device security. Its solutions are designed to integrate with cloud and on-premises infrastructures, offering flexibility for organizations transitioning to hybrid or multi-cloud environments. The company has established itself as a key player in the identity and access management (IAM) market, addressing the growing need for secure and scalable identity solutions in a digital-first world.

Oktas financial and operational performance is closely monitored by investors and analysts. With a market capitalization of approximately $17 billion, the company operates in a highly competitive space but has demonstrated strong revenue growth and customer adoption. Its forward P/E ratio of 29.41 reflects market expectations for future growth, though its current P/E of 1632.17 indicates a premium valuation. The companys price-to-book (P/B) ratio of 2.65 suggests that investors value its intangible assets and growth potential. Oktas return on equity (RoE) of 0.44% highlights the need for improved profitability as it scales operations.

3-Month Forecast:

Based on and , Oktas stock is expected to face near-term volatility. The recent decline below the SMA 20 (102.65) and SMA 50 (102.29) suggests short-term bearish momentum. However, the SMA 200 (88.04) provides a potential support level, with the stock trading above this long-term average. The ATR of 5.02 indicates moderate volatility, with potential price swings of $4-5 in the coming weeks.

From a perspective, Oktas high P/S ratio of 6.51 reflects its premium valuation relative to revenue. The forward P/E of 29.41 suggests investor confidence in the companys growth prospects, despite current profitability challenges. With a market cap of $17,000.94M, Okta is well-positioned to invest in innovation and market expansion, though it must demonstrate progress in improving margins and cash flow.

Short-Term Outlook (Next 30 Days): Expect sideways trading with potential downside risk if the stock breaks below the SMA 200. Support levels at $88-$90 could attract buyers, while resistance at $102-$105 may cap upside momentum.

Medium-Term Outlook (90 Days): If Okta can reclaim and sustain above the SMA 50, a bullish reversal could emerge, targeting the $110-$115 range. However, failure to breach resistance levels could lead to further consolidation or a deeper correction.

Additional Sources for OKTA Stock

OKTA Stock Overview

Market Cap in USD 17,001m
Sector Technology
Industry Software - Infrastructure
GiC Sub-Industry Internet Services & Infrastructure
IPO / Inception 2017-04-07

OKTA Stock Ratings

Growth Rating -36.0
Fundamental 39.5
Dividend Rating 0.0
Rel. Strength 1.4
Analysts 3.78/5
Fair Price Momentum 85.53 USD
Fair Price DCF 97.29 USD

OKTA Dividends

No Dividends Paid

OKTA Growth Ratios

Growth Correlation 3m 43.2%
Growth Correlation 12m 9.5%
Growth Correlation 5y -65.3%
CAGR 5y -9.50%
CAGR/Max DD 5y -0.11
Sharpe Ratio 12m 0.06
Alpha -5.84
Beta 1.060
Volatility 52.03%
Current Volume 1786.9k
Average Volume 20d 2347.9k
What is the price of OKTA stocks?
As of April 23, 2025, the stock is trading at USD 94.33 with a total of 1,786,852 shares traded.
Over the past week, the price has changed by -5.87%, over one month by -18.95%, over three months by +6.44% and over the past year by +1.17%.
Is Okta a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Okta (NASDAQ:OKTA) is currently (April 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 39.51 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OKTA as of April 2025 is 85.53. This means that OKTA is currently overvalued and has a potential downside of -9.33%.
Is OKTA a buy, sell or hold?
Okta has received a consensus analysts rating of 3.78. Therefor, it is recommend to hold OKTA.
  • Strong Buy: 12
  • Buy: 8
  • Hold: 19
  • Sell: 1
  • Strong Sell: 0
What are the forecast for OKTA stock price target?
According to ValueRays Forecast Model, OKTA Okta will be worth about 94.8 in April 2026. The stock is currently trading at 94.33. This means that the stock has a potential upside of +0.46%.
Issuer Forecast Upside
Wallstreet Target Price 117 24%
Analysts Target Price 103.6 9.8%
ValueRay Target Price 94.8 0.5%