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Okta Inc
NASDAQ:OKTA

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Okta Inc Logo
Okta Inc
NASDAQ:OKTA
Watchlist
Price: 89.63 USD 1.58%
Updated: Jun 14, 2024
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Intrinsic Value

Okta, Inc. engages in the provision of identity management platform for the enterprise. [ Read More ]

The intrinsic value of one OKTA stock under the Base Case scenario is 76.5 USD. Compared to the current market price of 89.63 USD, Okta Inc is Overvalued by 15%.

Key Points:
OKTA Intrinsic Value
Base Case
76.5 USD
Overvaluation 15%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Okta Inc

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Fundamental Analysis

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Okta Inc

Current Assets 2.9B
Cash & Short-Term Investments 2.3B
Receivables 307m
Other Current Assets 290m
Non-Current Assets 6B
PP&E 128m
Intangibles 5.6B
Other Non-Current Assets 278m
Current Liabilities 1.7B
Accounts Payable 12m
Accrued Liabilities 283m
Other Current Liabilities 1.4B
Non-Current Liabilities 1.3B
Long-Term Debt 1.2B
Other Non-Current Liabilities 161m
Efficiency

Earnings Waterfall
Okta Inc

Revenue
2.4B USD
Cost of Revenue
-587m USD
Gross Profit
1.8B USD
Operating Expenses
-2.1B USD
Operating Income
-354m USD
Other Expenses
78m USD
Net Income
-276m USD

Free Cash Flow Analysis
Okta Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
Fundamental Scores

OKTA Profitability Score
Profitability Due Diligence

Okta Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Exceptional 3-Years Revenue Growth
ROE is Increasing
ROIC is Increasing
43/100
Profitability
Score

Okta Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

OKTA Solvency Score
Solvency Due Diligence

Okta Inc's solvency score is 65/100. The higher the solvency score, the more solvent the company is.

Low D/E
Long-Term Solvency
Negative Net Debt
Short-Term Solvency
65/100
Solvency
Score

Okta Inc's solvency score is 65/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

OKTA Price Targets Summary
Okta Inc

Wall Street analysts forecast OKTA stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for OKTA is 116.55 USD with a low forecast of 81.95 USD and a high forecast of 147 USD.

Lowest
Price Target
81.95 USD
9% Downside
Average
Price Target
116.55 USD
30% Upside
Highest
Price Target
147 USD
64% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

OKTA Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

OKTA Price
Okta Inc

1M 1M
-8%
6M 6M
+11%
1Y 1Y
+20%
3Y 3Y
-61%
5Y 5Y
-30%
10Y 10Y
+281%
Annual Price Range
89.63
52w Low
65.76
52w High
111.49
Price Metrics
Average Annual Return 6.18%
Standard Deviation of Annual Returns 76.82%
Max Drawdown -85%
Shares Statistics
Market Capitalization 14.8B USD
Shares Outstanding 167 465 000
Percentage of Shares Shorted 3.02%

OKTA Return Decomposition
Main factors of price return

What is price return decomposition?

OKTA News

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Last Important Events
Okta Inc

Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.

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Sentiment Analysis
Okta Inc

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Last 7 Days 7D
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Last 90 Days 90D

Company Profile

Okta Inc Logo
Okta Inc

Country

United States of America

Industry

Technology

Market Cap

14.8B USD

Dividend Yield

0%

Description

Okta, Inc. engages in the provision of identity management platform for the enterprise. The company is headquartered in San Francisco, California and currently employs 5,030 full-time employees. The company went IPO on 2017-04-07. The firm's Okta Identity Cloud is an independent and neutral cloud-based identity solution that allows its customers to integrate with nearly any application, service or cloud that they choose through its secure platform and cloud infrastructure. Its Okta Identity Cloud is used as the central system for an organization’s connectivity, access, authentication and identity lifecycle management needs spanning all of its users, technology and applications. Its products can be used for both customer identity and workforce identity use cases. Its Okta products include Universal Directory, Single Sign-On, Adaptive Multi-Factor Authentication, Lifecycle Management, API Access Management, Access Gateway and Advanced Server Access. The Company, through Auth0, Inc., provides products, including Universal Login, Attack Protection, Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud and Organizations.

Contact

CALIFORNIA
San Francisco
100 1st St Ste 600
+18887227871.0
https://www.okta.com/

IPO

2017-04-07

Employees

5 030

Officers

Co-Founder, Chairman & CEO
Mr. Todd McKinnon
Chief Financial Officer
Mr. Brett Tighe
Co-Founder & Executive Vice Chairperson
Mr. Jacques Frederic Kerrest
President & Chief Development Officer of Workforce Identity
Mr. Sagnik Nandy
Co-founder & President of Business Operations
Mr. Eugenio Pace
Vice President of Investor Relations
Dave Gennarelli
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Chief Legal Officer & Corporate Secretary
Ms. Larissa Schwartz
President of Customer Experience & Communications
Mr. Eric Kelleher
Executive Vice President of Corporate Development
Mr. Monty Gray
Chief Marketing Officer
Ms. Kerry Ok
Show Less

See Also

Discover More
What is the Intrinsic Value of one OKTA stock?

The intrinsic value of one OKTA stock under the Base Case scenario is 76.5 USD.

Is OKTA stock undervalued or overvalued?

Compared to the current market price of 89.63 USD, Okta Inc is Overvalued by 15%.