OKTA

Okta, Inc.

Fundamental data last updated:May 28, 2026

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company profile

SECTOR

Technology

industry

Software - Infrastructure

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

05/28/2026

Business Summary

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It 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.

 


VALUATION

P/E

71.85

Market Cap ($M USD)

$15.96B

Forward P/E

17.83

PEG

0.06

PRICE TO SALES

5.47

PRICE TO BOOK

2.41

EV / EBITDA

47.34

5-Year Average P/E

Free Cash Flow Yield

5.64%

DCF Value

$178.49

Graham Number

$34.31

Price to FCF

17.74

EV to FCF

17.25

Earnings Yield

1.39%

FCF Yield

5.64%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.33

Next Year EPS Growth Estimate

$5.34

Next Year Revenue Growth Estimate

$440.26B

Return on Equity (ROE)

3.45%

FREE CASH FLOW

Operating Margin

5.24%

Debt-to-Equity

0.06

Piotroski F-Score

8

Altman Z-Score

3.55

Return on Invested Capital (ROIC)

2.14%

Current Ratio

1.36

Quick Ratio

1.36

Net Debt to EBITDA

-1.33

Interest Coverage

38.25

Gross Profit margin

77.36%

FCF PER SHARE

$5.08

REVENUE PER SHARE

$16.46

Gainseekers Quantitative Analysis

Summary

OKTA’s valuation presents a compelling opportunity for deep value investors. The stock has traded significantly below its DCF value, suggesting a potential mispricing by the market. With a Forward P/E of 15.71 and an impressive Altman Z-score of 3.27, the company demonstrates both growth potential and financial stability. The Earnings Yield of 1.58% may appear modest, but when combined with a robust Piotroski F-Score of 8, it indicates strong operational efficiency and management quality. Overall, OKTA’s financial health is solid, though the market may not fully appreciate its intrinsic value.

AI Exposure / Tech Reliance

Operating within the Software - Infrastructure industry, OKTA is well-positioned to capitalize on AI and tech advancements. Its focus on identity management solutions aligns with the increasing demand for secure digital infrastructure. As AI continues to evolve, OKTA's adaptability and innovation in tech resilience are likely to bolster its market position.

The Bull Case

For value and GARP investors, OKTA offers a tantalizing proposition. The company's ROIC of 2.14% and FCF Yield of 6.34% highlight its efficient capital allocation and ability to generate cash. A high Piotroski F-Score of 8 underscores its operational strength, while a Gross Profit Margin of 77.36% speaks to its pricing power. These metrics suggest that OKTA is not only managing its resources effectively but also maintaining a competitive edge in its market.

The Bear Case

Despite its strengths, OKTA faces structural risks that cannot be ignored. The Price/Sales ratio of 4.86 and EV to EBITDA of 41.95 indicate a potentially overvalued stock relative to its sales and earnings. Additionally, with the stock trading near its 52-week high, there is a risk of technical overextension. While the company has low debt, its high valuation multiples could deter cautious investors wary of paying a premium.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$104.50

Institutional Ownership %

1-Year Beta

0.59

Insider Buying % (6 Mo)

Distance to 52-Week High

33.92%

Distance to 52-Week Low

34.20%

EARNINGS SURPRISE %

6.38%

50-DAY SMA

$77.76

200-DAY SMA

$84.95

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.