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Okta Inc
NASDAQ:OKTA

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Okta Inc Logo
Okta Inc
NASDAQ:OKTA
Watchlist
Price: 64.42 USD +0.94% Market Closed
Updated: Dec 10, 2022

Intrinsic Value

The intrinsic value of one OKTA stock under the Base Case scenario is 35.99 USD. Compared to the current market price of 64.42 USD, Okta Inc is Overvalued by 44%.

The Intrinsic Value is calculated as the average of the two valuation methods:

OKTA Intrinsic Value
Base Case
35.99 USD
Overvaluation 44%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

OKTA Profitability Score
Profitability Due Diligence

Okta Inc's profitability score is 42/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Negative 3-Year Average ROIC
Negative Operating Income
Negative Net Income
42/100
Profitability
Score

Okta Inc's profitability score is 42/100. The higher the profitability score, the more profitable the company is.

OKTA Solvency Score
Solvency Due Diligence

Okta Inc's solvency score is 44/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
Negative Net Debt
Short-Term Liabilities
44/100
Solvency
Score

Okta Inc's solvency score is 44/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
70%
Gross Margin
-49%
Operating Margin
-52%
Net Margin
0%
FCF Margin
-16%
ROE
-13%
ROIC
Other

OKTA Capital Structure
Okta Inc

Market Capitalization 10.3B USD
Total Debt 2.2B USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 250M USD
Short-Term Investments 2.2B USD
Enterprise Value 10B USD

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 80.18 USD with a low forecast of 45.45 USD and a high forecast of 131.25 USD.

Lowest
Price Target
45.45 USD
29% Downside
Average
Price Target
80.18 USD
24% Upside
Highest
Price Target
131.25 USD
104% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

OKTA Competitors
Okta Inc

OKTA Suppliers & Customers
Okta Inc

Okta Inc has 50 key suppliers from 9 countries and 7 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Suppliers Map

Okta Inc has 48 key customers from 7 countries and 9 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Technology industry.

Customers Map

Ownership

OKTA Insider Trading
Buy and sell transactions by insiders

Okta Inc insiders have only sold shares in the past 12 months.

During the last 12 months Okta Inc insiders have not bought any shares, and sold 14M USD worth of shares. The last transaction was made on Dec 10, 2022 by Kerrest Jacques Frederic (Director), who sold 921k USD worth of OKTA shares.

Sold
0-3
months
3.3M USD
5
3-6
months
1.3M USD
6
6-9
months
3M USD
5
9-12
months
6.4M USD
4
Bought
0-3
months
0
0 USD
3-6
months
0
0 USD
6-9
months
0
0 USD
9-12
months
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
3.3M USD
N/A
-3.3M
6 Months
4.7M USD
N/A
-4.7M
9 Months
7.7M USD
N/A
-7.7M
12 Months
14M USD
N/A
-14M
Purchases
0
Sales
308
Why is insider trading important?

Shareholder Return

OKTA Price
Okta Inc

1M 1M
+31%
6M 6M
-29%
1Y 1Y
-71%
3Y 3Y
-46%
5Y 5Y
+143%
Annual Price Range
64.42
52w Low
45.02
52w High
229.41
Price Metrics
Average Annual Return 84.52%
Standard Deviation of Annual Returns 60.53%
Max Drawdown -85%
Shares Statistics
Market Capitalization 10.3B USD
Shares Outstanding 151 854 000
Percentage of Shares Shorted 5.75%

Company Profile

Okta Inc

Country

United States of America

Industry

Technology

Market Cap

10.3B 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
Co-Founder, Exec. Vice Chairperson & COO (Leave of Absence)
Mr. Jacques Frederic Kerrest
Chief Financial Officer
Mr. Brett Tighe
Gen. Counsel & Sec.
Mr. Jonathan T. Runyan
Advisor
Mr. Michael R. Kourey
Pres of Worldwide Field Operations
Ms. Susan St. Ledger
Show More
Chief Accounting Officer
Mr. Shibu Ninan
Pres of Technology & CTO
Mr. Sagnik Nandy
Sr. VP & Chief Information Officer
Ms. Alvina Y. Antar
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one OKTA stock?

The intrinsic value of one OKTA stock under the Base Case scenario is 35.99 USD.

Is OKTA stock undervalued or overvalued?

Compared to the current market price of 64.42 USD, Okta Inc is Overvalued by 44%.