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Okta Inc

OKTA | US

114.92

USD

-1.93

-1.65%

OKTA | US
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About Okta Inc

Sector

Technology

Industry

Software-Infrastructure

Earnings date

31/07/2024

As of date

10/06/2026

Close

114.92

Open

117.40

High

121.54

Low

114.66

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's a suite of products and services is used 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; 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 enables organizations to extend the Workforce Identity Cloud; Advanced Server Access to manage and secure cloud infrastructure; and Okta Identity Governance an identity access management and identity governance solutions. It also provides Universal Login 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 Customer Identity Cloud; In addition the company provides organization; Actions and Extensibility; and Enterprise Connections. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure Inc. Okta Inc. was incorporated in 2009 and is headquartered in San Francisco California.

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OKTA | US

Risk
126.2
Sharpe
0.08
Luna's Score
54/100
Recommendation
Hold

Luna says (OKTA | US)

What's Working

Largecap (10B - 200B USD)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

Price Below SMA10D

High Short-term Volatility

High 6-Month Volatility (>65%)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

181.0%

1 month

126.2%

3 months

86.8%

6 months

71.3%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

26.04

Price to book

2.07

Debt to equity

0.20

Debt to assets

0.13

Ent. to EBITDA

-13.94

Ent. to rev.

4.72

PEG

1.04

Other Fundamentals

EBITDA

-145.00M

MarketCap

19.52B

MarketCap(USD)

19.52B

Div. yield

-

Op. margin

-2.94

Erngs. growth

-

Rev. growth

16.20

Ret. on equity

-2.31

Short ratio

1.54

Short perc.

2.28

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

53.15

Range1M

64.90

Range3M

79.69

Volumes: Market Activity

Volume Averages

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Rel. volume

0.65

Price X volume

356.55M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Akamai Technologies IncAKAMSoftware-Application129.9719.69B-8.39%26.4797.07%
Zscaler IncZSSoftware-Infrastructure124.7319.02B-3.50%n/a97.16%
Income Opportunity Realty TrustIOTSoftware-Infrastructure32.6418.16B-4.17%n/a9.09%
Dick's Sporting Goods IncDKSSpecialty Retail214.9717.50B0.75%16.05150.31%
SS&C Technologies Holdings IncSSNCSoftware-Infrastructure68.2516.75B0.07%27.68105.74%
Best Buy Co. IncBBYSpecialty Retail75.6416.24B1.98%16.60131.83%
DigitalOcean Holdings Inc.DOCNSoftware-Infrastructure171.4715.79B1.27%60.17-645.65%
Check Point Software Technologies LtdCHKPSoftware-Application125.6913.82B-2.78%28.481.27%
Genuine Parts CompanyGPCSpecialty Retail98.4313.71B1.40%16.55114.50%
Toast Inc.TOSTSoftware-Infrastructure24.313.66B0.83%n/a3.12%
  • 1

Diversifiers

Name
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Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Sanmina CorporationSANMElectronic Components231.3212.64B-8.19%17.4717.76%
Avery Dennison CorporationAVYBuilding Products & Equipment156.0712.57B2.00%27.93140.74%
Vicor CorporationVICRElectronic Components275.5112.42B0.20%195.431.39%
Advanced Energy Industries IncAEISElectronic Components308.1711.61B0.67%44.7287.62%
EnerSysENSElectronic Components220.768.88B-3.35%15.4749.62%
Acuity Brands IncAYIElectronic Components280.398.63B-5.34%22.8820.86%
AU Optronics CorpAUOTYElectronic Components7.265.64B-6.56%n/a87.77%
General Cable CorporationBGCElectronic Components11.095.48B2.78%38.88186.12%
Dolby Laboratories IncDLBMedia - Diversified52.895.04B-2.07%34.320.00%
FBINFBINBuilding Products & Equipment40.435.02B2.43%25.57130.24%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-13.94234.81Cheaper
Ent. to Revenue4.7211.74Cheaper
PE Ratio-38.19-
Price to Book2.079.25Cheaper
Dividend Yield-2.64-
Std. Deviation (3M)86.7656.19Riskier
Debt to Equity0.200.16Expensive
Debt to Assets0.130.35Cheaper
Market Cap19.52B53.29BEmerging
  • 1

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