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Okta Inc

OKTA | US

77.64

USD

1.88

2.48%

OKTA | US

About Okta Inc

Sector

Technology

Industry

Software-Infrastructure

Earnings date

31/07/2024

As of date

21/04/2026

Close

77.64

Open

77.13

High

79.87

Low

76.40

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's a suite of products and services is used to manage and secure identities 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 enables organizations to extend the Workforce Identity Cloud; Advanced Server Access to manage and secure cloud infrastructure; and Okta Identity Governance an identity access management and identity governance solutions. It also provides Universal Login 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 Customer Identity Cloud; In addition the company provides organization; Actions and Extensibility; and Enterprise Connections. 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.

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OKTA | US

Risk
75.2
Sharpe
-0.57
Luna's Score
60/100
Recommendation
Hold

Luna says (OKTA | US)

What's Working

Largecap (10B - 200B USD)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

High Short-term Volatility

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

88.8%

1 month

75.2%

3 months

62.6%

6 months

49.7%

Returns

Fundamental Ratios

PE

-

Fwd. PE

26.04

Price to book

2.07

Debt to equity

0.20

Debt to assets

0.13

Ent. to EBITDA

-13.94

Ent. to rev.

4.72

PEG

1.04

Other Fundamentals

EBITDA

-145.00M

MarketCap

13.19B

MarketCap(USD)

13.19B

Div. yield

-

Op. margin

-2.94

Erngs. growth

-

Rev. growth

16.20

Ret. on equity

-2.31

Short ratio

1.54

Short perc.

2.28

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

19.36

Range1M

19.46

Range3M

30.22

Volumes: Market Activity

Rel. volume

0.90

Price X volume

298.61M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Best Buy Co. IncBBYSpecialty Retail66.5914.30B-0.52%16.60131.83%
Five Below IncFIVESpecialty Retail237.113.04B-4.28%18.72117.84%
BJ's Wholesale Club Holdings IncBJSpecialty Retail9612.73B2.66%22.17171.40%
HubSpot IncHUBSSoftware-Application230.4611.83B0.25%n/a47.67%
Guidewire Software IncGWRESoftware-Infrastructure141.0411.71B-1.37%n/a32.29%
The Trade Desk IncTTDSoftware-Application23.211.44B-3.53%232.8610.99%
CHEWY INC.CHWYSpecialty Retail27.7411.32B-3.88%35.00112.68%
GameStop CorpGMESpecialty Retail24.4610.92B-1.85%151.5712.17%
Nutanix IncNTNXSoftware-Infrastructure41.0710.89B1.18%n/a-94.02%
Bentley Systems IncorporatedBSYSoftware-Application3510.58B-0.60%43.43139.56%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Advanced Energy Industries IncAEISElectronic Components38514.50B1.26%44.7287.62%
Avery Dennison CorporationAVYBuilding Products & Equipment169.4613.64B-1.55%27.93140.74%
Vicor CorporationVICRElectronic Components246.2411.10B9.53%195.431.39%
Sanmina CorporationSANMElectronic Components174.069.51B-0.80%17.4717.76%
Acuity Brands IncAYIElectronic Components296.329.12B-0.06%22.8820.86%
EnerSysENSElectronic Components198.698.00B-0.61%15.4749.62%
Dolby Laboratories IncDLBMedia - Diversified64.926.19B0.23%34.320.00%
General Cable CorporationBGCElectronic Components11.395.62B-1.81%38.88186.12%
Belden IncBDCElectronic Components132.635.41B0.65%25.45106.75%
FBINFBINBuilding Products & Equipment40.45.01B-2.37%25.57130.24%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-13.94-Cheaper
Ent. to Revenue4.72-Cheaper
PE Ratio-38.19-
Price to Book2.079.25Cheaper
Dividend Yield---
Std. Deviation (3M)62.64-Par
Debt to Equity0.200.16Expensive
Debt to Assets0.130.35Cheaper
Market Cap13.19B-Emerging
  • 1

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