97.48 USD
-2.70
2.70%
At close Jun 13, 4:00 PM EDT
After hours
97.60
+0.12
0.12%
1 day
-2.70%
5 days
-7.56%
1 month
-21.42%
3 months
-8.58%
6 months
18.89%
Year to date
23.66%
1 year
10.47%
5 years
-48.00%
10 years
314.63%
 

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

0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 24 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

78% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 92

38% more capital invested

Capital invested by funds: $10.9B [Q4 2024] → $15.1B (+$4.11B) [Q1 2025]

37% more repeat investments, than reductions

Existing positions increased: 277 | Existing positions reduced: 202

13% more funds holding in top 10

Funds holding in top 10: 16 [Q4 2024] → 18 (+2) [Q1 2025]

9% more funds holding

Funds holding: 656 [Q4 2024] → 717 (+61) [Q1 2025]

1.46% more ownership

Funds ownership: 84.87% [Q4 2024] → 86.33% (+1.46%) [Q1 2025]

2% more call options, than puts

Call options by funds: $811M | Put options by funds: $792M

Research analyst outlook

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

Low target
$110
13%
upside
Avg. target
$129
32%
upside
High target
$140
44%
upside

24 analyst ratings

15 positive
63%
neutral
38%
negative
0%
Mizuho
Gregg Moskowitz
33%upside
$130
Outperform
Maintained
28 May 2025
Goldman Sachs
Gabriela Borges
41%upside
$137
Buy
Maintained
28 May 2025
BMO Capital
Keith Bachman
35%upside
$132
Market Perform
Maintained
28 May 2025
Stifel
Adam Borg
33%upside
$130
Buy
Maintained
28 May 2025
Scotiabank
Patrick Colville
18%upside
$115
Sector Perform
Maintained
28 May 2025

Financial journalist opinion

Based on 56 articles about OKTA published over the past 30 days

Neutral
The Motley Fool
17 hours ago
2 Top Cybersecurity Stocks to Buy in June
Cybersecurity is one industry that doesn't take a break. Hackers become more dangerous every year, so ensuring that a company has a top-notch cybersecurity protection plan is critical.
2 Top Cybersecurity Stocks to Buy in June
Positive
Zacks Investment Research
2 days ago
Okta's Backlog Tops $4B on Strong Identity Security Demand
OKTA's $4.08B backlog and rising demand for identity security highlight strong enterprise momentum despite stiff competition.
Okta's Backlog Tops $4B on Strong Identity Security Demand
Neutral
Seeking Alpha
4 days ago
Okta, Inc. (OKTA) Presents at BMO 2025 Virtual Software Conference (Transcript)
Okta, Inc. (NASDAQ:OKTA ) BMO 2025 Virtual Software Conference June 10, 2025 11:30 AM ET Company Participants Brett Tighe - Chief Financial Officer Conference Call Participants Keith Frances Bachman - BMO Capital Markets Equity Research Keith Frances Bachman All right. Good morning, good afternoon, everybody.
Okta, Inc. (OKTA) Presents at BMO 2025 Virtual Software Conference (Transcript)
Positive
Seeking Alpha
4 days ago
Okta: Positioned To Capitalize On AI Agents Market
Okta is a leader in cloud identity and access management, serving over 200K customers with a unified security platform. The surge in AI agents and non-human identities (NHIs) creates a massive new market, where Okta's expertise offers a key competitive edge. Despite being fairly valued now, Okta's growth potential is strong as NHIs and AI drive a much larger addressable market.
Okta: Positioned To Capitalize On AI Agents Market
Positive
Zacks Investment Research
5 days ago
AI-Driven Growth Makes These 4 Cybersecurity Stocks a Must-Buy
Cybersecurity stocks are poised to benefit from rising cyber threats amid accelerating digital transformation and cloud migration.
AI-Driven Growth Makes These 4 Cybersecurity Stocks a Must-Buy
Positive
Zacks Investment Research
5 days ago
3 Security Stocks to Buy From a Thriving Industry Trend
The Zacks Security industry participants, CYBR, OKTA and QLYS, gain from an increase in data breaches, prompting companies to seek comprehensive IT security solutions.
3 Security Stocks to Buy From a Thriving Industry Trend
Neutral
Zacks Investment Research
1 week ago
Wall Street Analysts Think Okta (OKTA) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Wall Street Analysts Think Okta (OKTA) Is a Good Investment: Is It?
Neutral
Forbes
1 week ago
Is Okta's 15% Price Drop A Buying Opportunity?
Cybersecurity firm Okta (NASDAQ: OKTA), a frontrunner in identity and access management, has experienced a stock decrease of around 10% in the last month, even after reporting robust first-quarter earnings that surpassed analyst forecasts. This decline is primarily linked to ongoing economic uncertainties arising from tariffs.
Is Okta's 15% Price Drop A Buying Opportunity?
Positive
Zacks Investment Research
1 week ago
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
Positive
Zacks Investment Research
1 week ago
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
CYBR, OKTA, and QLYS are gaining from rising cyber threats and demand for advanced, cloud-based security solutions.
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
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