Okta, Inc (OKTA) is a leading software-infrastructure business based in the US. It opened the day at $265.9 after a previous close of $264.09. During the day the price has varied from a low of $259.88 to a high of $266.1287. The latest price was $262.24 (25 minute delay). Okta is listed on the NASDAQ and employs 2,604 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, Okta's share price has had significant positive movement.
Its last market close was $243.95, which is 45.24% up on its pre-crash value of $133.59 and 175.15% up on the lowest point reached during the March crash when the shares fell as low as $88.66.
If you had bought $1,000 worth of Okta shares at the start of February 2020, those shares would have been worth $915.23 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,885.73.
|52-week range||$88.66 - $287.35|
|50-day moving average||$255.1618|
|200-day moving average||$225.6698|
|Wall St. target price||$262.44|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-1.389|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
|1 week (2021-01-14)||1.21%|
|1 month (2020-12-22)||-8.18%|
|3 months (2020-10-22)||21.10%|
|6 months (2020-07-22)||24.39%|
|1 year (2020-01-21)||109.36%|
|2 years (2019-01-18)||236.64%|
|3 years (2018-01-19)||798.70%|
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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 252.99. 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||$768 million|
|Gross profit TTM||$426.7 million|
|Return on assets TTM||-4.81%|
|Return on equity TTM||-44.67%|
|Market capitalisation||$33.8 billion|
TTM: trailing 12 months
There are currently 5.8 million Okta shares held short by investors – that's known as Okta's "short interest". This figure is 15.1% up from 5.0 million last month.
There are a few different ways that this level of interest in shorting Okta shares can be evaluated.
Okta's "short interest ratio" (SIR) is the quantity of Okta shares currently shorted divided by the average quantity of Okta shares traded daily (recently around 2.0 million). Okta's SIR currently stands at 2.89. In other words for every 100,000 Okta shares traded daily on the market, roughly 2890 shares are currently held short.
However Okta's short interest can also be evaluated against the total number of Okta shares, or, against the total number of tradable Okta shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Okta's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Okta shares in existence, roughly 40 shares are currently held short) or 0.0483% of the tradable shares (for every 100,000 tradable Okta shares, roughly 48 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Okta.
Find out more about how you can short Okta stock.
We're not expecting Okta to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
Over the last 12 months, Okta's shares have ranged in value from as little as $88.66 up to $287.35. 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 0.9775. This would suggest that Okta's shares are less volatile than average (for this exchange).
Okta, Inc. provides identity management platforms 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 to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition, the company offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Learn more about Transportation and Logistics Systems’ recent performance and where you can invest in Transportation and Logistics Systems shares. We also run through some helpful rules of thumb for any investor.
Learn more about Charlie’s Holdings’ recent performance and where you can invest in Charlie’s Holdings shares. We also run through some helpful rules of thumb for any investor.
Learn more about Lemonade’s recent performance and where you can invest in Lemonade shares. We also run through some helpful rules of thumb for any investor.
Learn more about Unity Software’s recent performance and where you can invest in Unity Software shares. We also run through some helpful rules of thumb for any investor
Learn more about FuelCell Energy’s recent performance and where you can invest in FuelCell Energy shares. We also run through some helpful rules of thumb for any investor.
Learn more about CloudCommerce’s recent performance and where you can invest in CloudCommerce shares. We also run through some helpful rules of thumb for any investor
Ever wondered how to buy shares in Zomedica Pharmaceuticals? We explain how and compare a range of providers that can give you access to many brands, including Zomedica Pharmaceuticals.
Ever wondered how to buy shares in YRC Worldwide? We explain how and compare a range of providers that can give you access to many brands, including YRC Worldwide.
Ever wondered how to buy shares in Xeros Technology Group? We explain how and compare a range of providers that can give you access to many brands, including Xeros Technology Group.
Ever wondered how to buy shares in Xpediator? We explain how and compare a range of providers that can give you access to many brands, including Xpediator.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.