Closing Price: $138.63 (down $10.21 or -6.86% on the day)
After-Hours: $138.02 (-0.44%)
Previous Close: $148.84
Market Cap: ~$24.09 billion
Key Stats: 52-week range $62.66 – $153.20 | Volume ~3.36M | Avg. Volume ~3.92M | Beta 0.77 | PE (TTM) ~100.5 | EPS (TTM) $1.39
Data Limitation: Stock prices are highly volatile and real-time; this reflects July 10, 2026 close from Yahoo Finance and other sources. Always verify live quotes.
| Period | OKTA Return | S&P 500 Return |
|---|---|---|
| YTD | 60.32% | 10.66% |
| 1-Year | 46.84% | 20.62% |
| 3-Year | 98.78% | 71.80% |
| 5-Year | 44.95% | 73.37% |
Fact: OKTA has significantly outperformed the S&P 500 over YTD and 1-3 year periods but lags over 5 years.
| Metric | Value | YoY Change |
|---|---|---|
| Total Revenue (FY2026) | $2.919 billion | +12% |
| Subscription Revenue | $2.855 billion | +12% |
| Q4 FY2026 Revenue | $761 million | +11% |
| GAAP Operating Income (FY2026) | $149 million (5% margin) | From -$74M loss |
| Gross Margin | ~77% | Stable/Improving |
| Net Income (TTM) | $247 million | Profitable turnaround |
| RPO (Remaining Performance Obligations) | $4.827 billion (Q4) | +15% |
| Cash (mrq) | $2.59 billion | Strong liquidity |
| Total Debt | $411 million | Low (D/E 5.96%) |
Fact: Revenue and RPO growth remain solid at double-digit rates; operating cash flow strong (~$920M TTM).
Interpretation: Transition to profitability and AI-focused products (e.g., Okta for AI Agents) signal improving operational leverage.
Uncertainty: Future growth estimates (analyst avg. 9-10% revenue growth for FY2027) depend on macroeconomic conditions, competition, and AI adoption success.
More info: Official Investor Relations | Yahoo Financials | Key Statistics
Consensus: Moderate Buy / Buy (based on 33-44 analysts)
| Rating Breakdown (Recent) | Count |
|---|---|
| Buy / Strong Buy | 27-33 |
| Hold | 5-13 |
| Sell | 1-2 |
Average 12-Month Price Target: $122.95 – $124 (range: Low $75, High $175)
Implied Upside/Downside: Varies widely; recent targets suggest potential downside from $138.63 close but recent upgrades (e.g., Scotiabank to Outperform/$165, KeyBanc raised to $175) reflect optimism.
Fact: Recent actions include multiple price target raises in June-July 2026 and Scotiabank upgrade on July 6, 2026.
Interpretation: Strong Buy tilt driven by AI/identity security tailwinds, though valuation concerns led to one downgrade (Mizuho to Neutral).
Interpretation: Broad adoption indicates sticky, recurring revenue model via subscriptions.
More info: Okta Official Site / Customer Stories
| Competitor | Key Overlap | Notes |
|---|---|---|
| Microsoft (Entra ID / Azure AD) | SSO, MFA, IAM | Large enterprise incumbent with deep integration |
| Google Cloud Identity | Workforce & customer IAM | Cloud-native alternative |
| Ping Identity / SailPoint | Identity governance | Specialized IAM players |
| CyberArk, Zscaler, CrowdStrike, Palo Alto Networks | Privileged access, zero-trust, security | Broader cybersecurity overlap |
| Auth0 (Okta subsidiary) | Developer-focused IAM | Acquired by Okta; strengthens position |
Fact: Okta positions as independent, open-platform leader vs. hyperscalers.