Okta (OKTA)

• Market cap: $16.5B
• 1 day: 4%
• 5 days: 1.78%
• 1 month: 2.43%
• 3 months: -5.45%
• 6 months: -17.11%
• Year to date: 18.74%
• 1 year: 26.67%
• 5 years: -52.64%
• 10 years: 298.13%
• Sector: Technology
• Industry: Software - Infrastructure

About: Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.

Employees: 5,914

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

37% more repeat investments, than reductions

Existing positions increased: 299 | Existing positions reduced: 219

20% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 124

6.22% more ownership

Funds ownership: 86.63% [Q1] → 92.86% (+6.22%) [Q2]

2% more funds holding

Funds holding: 724 [Q1] → 740 (+16) [Q2]

3% more capital invested

Capital invested by funds: $15.1B [Q1] → $15.5B (+$399M) [Q2]

30% less call options, than puts

Call options by funds: $564M | Put options by funds: $804M

39% less funds holding in top 10

Funds holding in top 10: 18 [Q1] → 11 (-7) [Q2]

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $75
• Avg. target: $116
• High target: $142

14 analyst ratings

• positive: 8 57%
• neutral: 4 29%
• negative: 2 14%

Barclays Saket Kalia	$112	Equal-Weight Maintained	27 Aug 2025
Jefferies Joseph Gallo	$105	Hold Maintained	27 Aug 2025
B of A Securities Madeline Brooks	$75	Underperform Reiterated	27 Aug 2025
BMO Capital Keith Bachman	$112	Market Perform Maintained	27 Aug 2025
Baird Shrenik Kothari	$142	Outperform Maintained	27 Aug 2025