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Okta Inc
NASDAQ:OKTA

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Okta Inc Logo
Okta Inc
NASDAQ:OKTA
Watchlist
Price: 90.9 USD +0.88% Market Closed
Updated: Jun 1, 2023

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 46.41 USD. Compared to the current market price of 90.9 USD, Okta Inc is Overvalued by 49%.

Key Points:
OKTA Intrinsic Value
Base Case
46.41 USD
Overvaluation 49%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

Financials

Balance Sheet Decomposition
Okta Inc

Current Assets 3.2B
Cash & Short-Term Investments 2.6B
Receivables 481M
Other Current Assets 168M
Non-Current Assets 6.1B
PP&E 181M
Intangibles 5.6B
Other Non-Current Assets 256M
Current Liabilities 1.5B
Accounts Payable 12M
Accrued Liabilities 211M
Other Current Liabilities 1.2B
Non-Current Liabilities 2.4B
Long-Term Debt 2.2B
Other Non-Current Liabilities 183M
Efficiency
Fundamental Scores

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.

Positive Gross Profit
Exceptional 3-Years Revenue Growth
ROE is Increasing
ROIC is Increasing
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 45/100. The higher the solvency score, the more solvent the company is.

Low D/E
Long-Term Solvency
Short-Term Solvency
Negative Net Debt
45/100
Solvency
Score

Okta Inc's solvency score is 45/100. 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 95.45 USD with a low forecast of 64.64 USD and a high forecast of 131.25 USD.

Lowest
Price Target
64.64 USD
29% Downside
Average
Price Target
95.45 USD
5% Upside
Highest
Price Target
131.25 USD
44% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

OKTA Competitors
Okta Inc

OKTA Suppliers & Customers
Okta Inc

Suppliers Map
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 5.1M USD worth of shares. The last transaction was made on Apr 24, 2023 by Kerrest Jacques Frederic (Director), who sold 7.6k USD worth of OKTA shares.

Sold
0-3
months
533k USD
5
3-6
months
806k USD
4
6-9
months
3.5M USD
6
9-12
months
251k USD
6
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
533k USD
N/A
-533.2k
6 Months
1.3M USD
N/A
-1.3M
9 Months
4.8M USD
N/A
-4.8M
12 Months
5.1M USD
N/A
-5.1M
Why is insider trading important?

Shareholder Return

OKTA Return Decomposition
Main factors of price return

Price Return Decomposition
is not available

It is impossible to break down the market cap return as the net margin from 5 years ago is negative.

What is price return decomposition?

OKTA Price
Okta Inc

1M 1M
+32%
6M 6M
+35%
1Y 1Y
+8%
3Y 3Y
-56%
5Y 5Y
+59%
10Y 10Y
+287%
Annual Price Range
90.9
52w Low
45.02
52w High
107.22
Price Metrics
Average Annual Return 49.57%
Standard Deviation of Annual Returns 59.52%
Max Drawdown -85%
Shares Statistics
Market Capitalization 14.7B USD
Shares Outstanding 161 288 000
Percentage of Shares Shorted 3.27%

Company Profile

Okta Inc Logo
Okta Inc

Country

United States of America

Industry

Technology

Market Cap

14.7B 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
Pres & Chief Devel. Officer of Workforce Identity
Mr. Sagnik Nandy
Co-founder & Pres of Customer Identity
Mr. Eugenio Pace
Chief Accounting Officer
Mr. Shibu Ninan
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 46.41 USD.

Is OKTA stock undervalued or overvalued?

Compared to the current market price of 90.9 USD, Okta Inc is Overvalued by 49%.