OktaOKTA
OKTA
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 7,419 funds
0
Analysts bullish %
of 23 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
48% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 90
45% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 16 (+5) [Q4]
22% more call options, than puts
Call options by funds: $637M | Put options by funds: $523M
10% more capital invested
Capital invested by funds: $9.98B [Q3] → $10.9B (+$960M) [Q4]
5% more funds holding
Funds holding: 619 [Q3] → 651 (+32) [Q4]
2.16% more ownership
Funds ownership: 82.65% [Q3] → 84.81% (+2.16%) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 211
Research analyst outlook
23 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$100
8%
upside
Avg. target
$118
28%
upside
High target
$140
51%
upside
23 analyst ratings
14 positive
61%
9 neutral
39%
0 negative
0%
Morgan Stanley Simeon Gutman 53% 1-year accuracy 19 / 36 met price target | 33%upside $123 | Overweight Maintained | 16 Apr 2025 |
Stephens & Co. Brian Colley 0 / 0 met price target | 37%upside $127 | Equal-Weight Initiated | 1 Apr 2025 |
Cantor Fitzgerald Jonathan Ruykhaver 37% 1-year accuracy 7 / 19 met price target | 41%upside $130 | Overweight Initiated | 31 Mar 2025 |
Susquehanna Shyam Patil 40% 1-year accuracy 19 / 47 met price target | 14%upside $105 | Neutral Maintained | 4 Mar 2025 |
Stifel Adam Borg 45% 1-year accuracy 13 / 29 met price target | 30%upside $120 | Buy Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 27 articles about OKTA published over the past 30 days
Positive
Seeking Alpha
7 hours ago
Okta: From Growth Darling To GARP Play
Okta's Q4 bookings surpassed $1B for the first time, driven by $320M from its top 25 contracts. RPOs grew 25% YoY to over $4B, reflecting strong revenue visibility and longer client commitments. Free cash flow exceeded $700M for FY 2025, with Q4 FCF margin reaching 42% and operating margins expanding by 9 points.
Neutral
The Motley Fool
3 days ago
4 Top Cybersecurity Stocks to Buy in April
Amid the historic stock market turbulence at the start of 2025, the importance of cybersecurity hasn't wavered. Regardless of economic headwinds or policy shifts, an ongoing rise in online threats ranging from data breaches, phishing scams, and ransomware to attacks on digital infrastructure continues to be a priority for businesses to manage across all sectors.
Negative
Seeking Alpha
5 days ago
Okta: Market Doesn't Believe Management, But You Should (Rating Downgrade)
Okta has crushed guidance by large magnitudes over recent quarters. I am concerned that investor sentiment may be overly optimistic, expecting large beats against management guidance despite management warning otherwise. With a PEG ratio over 2 times and peers experiencing downward re-ratings, I do not see Okta delivering market-beating returns and thus downgrade it to neutral.
Neutral
The Motley Fool
5 days ago
3 Supercharged Growth Stocks You'll Regret Not Buying Amid Historic Stock Market Volatility
Over the last century, no asset class has come particularly close to outpacing the average annual return of the stock market. But just because stocks have proved to be a bona fide wealth creator, it doesn't mean there aren't hiccups along the way.
Positive
Zacks Investment Research
6 days ago
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
Three cybersecurity stocks have long-term potentials. These are: FTNT, OKTA, CHKP.
Positive
Zacks Investment Research
6 days ago
Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
Top-ranked stocks Fox (FOXA), Roku (ROKU), Fortinet (FTNT), Okta (OKTA) and Affirm (AFRM) are likely to beat on the bottom line in their upcoming releases.
Positive
Zacks Investment Research
1 week ago
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
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.
Neutral
Zacks Investment Research
1 week ago
Cisco Systems vs. OKTA: Which Cybersecurity Stock Should You Bet On?
Cisco Systems CSCO and Okta OKTA are both major players in cybersecurity. While Cisco Systems is growing its presence in the sector by offering broad enterprise network security solutions, OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data.
Neutral
Schaeffers Research
1 week ago
Strong Bull Signal Flashing on Struggling Cloud Stock
Amid broad-market pressure, cloud stock Okta Inc (NASDAQ:OKTA) has pulled back sharply from its March 24, more than two-year high of $118.07, down 12.6% since the start of April alone.
Neutral
Zacks Investment Research
1 week ago
Wall Street Analysts See Okta (OKTA) as a Buy: Should You Invest?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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