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Okta Inc

OKTA | US

75.76

USD

3.51

4.86%

OKTA | US
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About Okta Inc

Sector

Technology

Industry

Software-Infrastructure

Earnings date

31/07/2024

As of date

20/04/2026

Close

75.76

Open

73.78

High

76.89

Low

73.48

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
76.7
Sharpe
-0.65
Luna's Score
63/100
Recommendation
Hold

Luna says (OKTA | US)

What's Working

Strength based on increasing price with high volume

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

High Short-term Volatility

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

87.8%

1 month

76.7%

3 months

62.9%

6 months

49.5%

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

12.87B

MarketCap(USD)

12.87B

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: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

19.36

Range1M

19.46

Range3M

30.22

Volumes: Market Activity

Volume Averages

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Rel. volume

1.12

Price X volume

366.95M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Five Below IncFIVESpecialty Retail247.7113.63B4.85%18.72117.84%
Marin Software IncorporatedMRINSoftware-Application418013.08B3.72%n/a12.36%
BJ's Wholesale Club Holdings IncBJSpecialty Retail93.5112.40B1.56%22.17171.40%
Guidewire Software IncGWRESoftware-Infrastructure14311.87B1.88%n/a32.29%
The Trade Desk IncTTDSoftware-Application24.0511.86B7.03%232.8610.99%
HubSpot IncHUBSSoftware-Application229.8811.80B3.32%n/a47.67%
CHEWY INC.CHWYSpecialty Retail28.8611.77B4.87%35.00112.68%
GameStop CorpGMESpecialty Retail24.9211.13B1.51%151.5712.17%
Nutanix IncNTNXSoftware-Infrastructure40.5910.77B1.35%n/a-94.02%
Bentley Systems IncorporatedBSYSoftware-Application35.2110.64B0.37%43.43139.56%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Avery Dennison CorporationAVYBuilding Products & Equipment172.1213.86B-0.21%27.93140.74%
Vicor CorporationVICRElectronic Components224.8110.13B3.10%195.431.39%
Sanmina CorporationSANMElectronic Components175.469.59B0.79%17.4717.76%
Acuity Brands IncAYIElectronic Components296.519.12B1.33%22.8820.86%
EnerSysENSElectronic Components199.918.05B0.46%15.4749.62%
Dolby Laboratories IncDLBMedia - Diversified64.776.18B0.20%34.320.00%
General Cable CorporationBGCElectronic Components11.65.73B-1.78%38.88186.12%
Belden IncBDCElectronic Components131.785.38B0.61%25.45106.75%
FBINFBINBuilding Products & Equipment41.385.14B2.35%25.57130.24%
OSI Systems IncOSISElectronic Components309.195.12B-0.16%19.6360.40%
  • 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)62.9256.19Par
Debt to Equity0.200.16Expensive
Debt to Assets0.130.35Cheaper
Market Cap12.87B53.29BEmerging
  • 1

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