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How to buy Okta stock
Learn how to easily invest in Okta stock.
Okta is a software-infrastructure business based in the US. Okta shares (OKTA) are listed on the NASDAQ and all prices are listed in US Dollars. Okta employs 6,037 staff and has a trailing 12-month revenue of around $1.7 billion.
How to buy Okta stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – OKTA. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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Okta stock price (NASDAQ: OKTA)Use our graph to track the performance of OKTA stocks over time.
Okta shares at a glance
|Latest market close||$77.47|
|52-week range||$44.12 - $203.79|
|50-day moving average||$64.00|
|200-day moving average||$79.54|
|Wall St. target price||$80.52|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-6.37|
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Is it a good time to buy Okta stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Okta price performance over time
|1 week (2023-01-31)||5.24%|
|1 month (2023-01-06)||13.88%|
|3 months (2022-11-07)||63.99%|
|6 months (2022-08-05)||-25.84%|
|1 year (2022-02-03)||N/A|
|2 years (2021-02-05)||-72.62%|
|3 years (2020-02-07)||132.79|
|5 years (2018-02-07)||163.50%|
Is Okta stock undervalued or overvalued?
Valuing Okta stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Okta's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Okta's PEG ratio
Okta's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.6635. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Okta's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||$1.7 billion|
|Gross profit TTM||$905.7 million|
|Return on assets TTM||-5.56%|
|Return on equity TTM||-15.86%|
|Market capitalisation||$11.7 billion|
TTM: trailing 12 months
Okta share dividends
We're not expecting Okta to pay a dividend over the next 12 months.
Okta share price volatility
Over the last 12 months, Okta's shares have ranged in value from as little as $44.12 up to $203.79. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Okta's is 1.0223. This would suggest that Okta's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc.
Okta in the news
MKS Instruments Slides As Hit By Cyber Attack; Temporarily Suspends Some Operations
Okta to Lay Off 5% of Staff After Pandemic Hiring Spree
Okta Stock Surges on Plan to Cut Jobs, Plus a New Buy Recommendation
Frequently asked questionsWhat percentage of Okta is owned by insiders or institutions?
Currently 0.636% of Okta shares are held by insiders and 81.337% by institutions. How many people work for Okta?
Latest data suggests 6,037 work at Okta. When does the fiscal year end for Okta?
Okta's fiscal year ends in January. Where is Okta based?
Okta's address is: 100 First Street, San Francisco, CA, United States, 94105 What is Okta's ISIN number?
Okta's international securities identification number is: US6792951054 What is Okta's CUSIP number?
Okta's Committee on Uniform Securities Identification Procedures number is: 679295105
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