OKTA 📈 Okta - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6792951054
OKTA: Identity, Access, Management, Security, Authentication, Governance
Okta, Inc. is a leading identity partner that operates globally, providing a comprehensive suite of products and services designed to manage and secure identities. At its core, the company's offerings enable users to access applications seamlessly, whether they are cloud-based or on-premises, from various devices. This is achieved through solutions such as Single Sign-On, which simplifies the login process, and Adaptive Multi-Factor Authentication, which adds a critical layer of security for cloud, mobile, and web applications, as well as data protection.
The company's portfolio extends to include API Access Management, allowing organizations to secure their APIs, and Access Gateway, which enables the extension of Workforce Identity Cloud. Additionally, Okta Device Access facilitates secure login to devices using Okta credentials, enhancing the overall security posture of an organization. Okta also provides a Universal Directory, a cloud-based system that serves as a central repository for storing and securing user, application, and device profiles. This directory is crucial for maintaining a unified view of an organization's digital landscape.
Further, Okta offers Lifecycle Management, which empowers IT organizations and developers to manage user identities throughout their lifecycle, from creation to termination. Okta Identity Governance provides comprehensive identity access management and governance solutions, ensuring that access is granted appropriately and in compliance with organizational policies. Advanced Server Access and Okta Privileged Access are also part of the company's offerings, focusing on securing cloud infrastructure and reducing risk through unified access and governance management for both on-premises and cloud resources.
Okta's suite of products is complemented by Universal Login, which allows customers to provide a consistent login experience across different applications and devices, enhancing user experience and simplifying access management. The company also offers Attack Protection, a robust suite of security capabilities designed to protect customers from various types of malicious traffic. Additional features include Adaptive Multi-Factor Authentication, Passwordless authentication for enhanced security and convenience, Machine to Machine authentication for secure device interactions, and Private Cloud solutions for organizations requiring dedicated environments.
Okta sells its products and services directly to customers through its sales force and indirectly through channel partners, catering to a wide range of organizations globally. With its incorporation in 2009 and headquarters in San Francisco, California, Okta, Inc. has established itself as a significant player in the identity and access management space. The company's web presence is accessible at https://www.okta.com, and its stock is listed on the NASDAQ under the ticker symbol OKTA, classified as a common stock within the Internet Services & Infrastructure sub-industry.
Additional Sources for OKTA Stock
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Fund Manager Positions: Dataroma Stockcircle
OKTA Stock Overview
Market Cap in USD | 14,529m |
Sector | Technology |
Industry | Software - Infrastructure |
GiC Sub-Industry | Internet Services & Infrastructure |
IPO / Inception | 2017-04-07 |
OKTA Stock Ratings
Growth 5y | -45.1% |
Fundamental | 9.24% |
Dividend | - |
Rel. Strength Industry | -141 |
Analysts | 3.7/5 |
Fair Price Momentum | 74.68 USD |
Fair Price DCF | 89.61 USD |
OKTA Dividends
No Dividends PaidOKTA Growth Ratios
Growth Correlation 3m | 74.5% |
Growth Correlation 12m | -52.4% |
Growth Correlation 5y | -67.9% |
CAGR 5y | -6.49% |
CAGR/Mean DD 5y | -0.14 |
Sharpe Ratio 12m | -0.14 |
Alpha | -41.14 |
Beta | 1.20 |
Volatility | 40.51% |
Current Volume | 3348.6k |
Average Volume 20d | 4771.2k |
As of December 29, 2024, the stock is trading at USD 81.64 with a total of 3,348,600 shares traded.
Over the past week, the price has changed by -1.97%, over one month by +6.83%, over three months by +10.34% and over the past year by -9.89%.
Neither. Based on ValueRay Fundamental Analyses, Okta is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 9.24 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OKTA as of December 2024 is 74.68. This means that OKTA is currently overvalued and has a potential downside of -8.53%.
Okta has received a consensus analysts rating of 3.70. Therefor, it is recommend to hold OKTA.
- Strong Buy: 11
- Buy: 7
- Hold: 21
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, OKTA Okta will be worth about 83.4 in December 2025. The stock is currently trading at 81.64. This means that the stock has a potential upside of +2.18%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 103.3 | 26.5% |
Analysts Target Price | 95.1 | 16.5% |
ValueRay Target Price | 83.4 | 2.2% |