Stock Analysis
Okta, Inc. Class A Common StockOKTA
P/E 110.60×· 5Y range 52.99–177.98×· 76th percentile of history
Sector: Technology · Industry: Services-Prepackaged Software
AnalystsStrong Buy52 analystsP/E 110.6× sits at the 76th percentile of its 5.086926762491444-year history.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Quality78
Risks
- Valuation32
- Profitability28
Mixed fundamentals at a demanding price.
Market context
-10.2% today· Z 4.1σ· RVOL 2.1×· OKTA shares dropped 6.84% amid a broader cybersecurity sector pullback from record highs.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 8.4 — safe-zone balance sheet
- ✓Revenue CAGR 22.4% — durable top-line growth
Why is OKTA moving?
SectorOKTA shares dropped 6.84% amid a broader cybersecurity sector pullback from record highs.
Profile
Strong earnings quality; profitability, valuation, moat and financial health lag behind.
How is each axis scored?
- Valuation32/100 · Weak
- P/E vs own history (76th pct)5/25
- FCF yield (3.0%)12/25
- P/S (10.5x)5/25
- EV/EBIT (n/a)10/25
- Growth50/100 · Moderate
- Revenue CAGR (22.4%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (133.2%)25/25
- Profitability28/100 · Weak
- ROIC (3.0%)5/25
- ROE (4.2%)5/25
- Net margin (9.6%)13/25
- Operating margin (7.5%)5/25
- Financial Health37/100 · Weak
- Altman Z (8.40)25/25
- Current ratio (1.43)12/25
- Interest coverage (-23.5x)0/25
- Net cash / debt (n/a)0/25
- Quality78/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-2.73)25/25
- FCF conversion (331%)25/25
- Margin stability (σ 21.1%)6/25
- Moat35/100 · Weak
- ROIC >12% years (0/5 yrs)0/25
- Median gross margin (72.8%)25/25
- FCF-positive years (7/9 yrs)10/25
- Worst-year net margin (worst -65.3%)0/25
Risk Flags
- ⚠SBC 16.4% of revenue — real dilution cost
- ⚠7 loss-making years in recent history
- ⚠Interest coverage -23.5× — thin debt cushion
About Okta, Inc. Class A Common Stock
Okta is a cloud-native security company specializing in identity and access management. Show more
The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees, contractors, and partners to securely access its cloud-based and on-premises resources. The firm's customer offering, delivered via its Auth0 platform, allow clients to provide secure access experiences to their own end users.
Headquarters: SAN FRANCISCO, CA · Employees: 6,366 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
32DP/E (TTM)109.4xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 53.0x–178.0x · 76th pct
P/FCF38.0xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.0%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.1%–8.0% · 50th pct
P/S (TTM)10.54xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 4.0x–36.3x · 85th pct
EV/EBITDA112.5xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales11.6xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E46.9xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio4.63xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio9.99D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
28EROIC3.0%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE4.2%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA3.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin9.6%C
Grade C: AverageNet Income / Revenue
Operating Margin7.5%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin78.1%A
Grade A: PremiumGross Profit / Revenue
FCF Margin31.9%A
Grade A: HighFCF / Revenue
True FCF Margin15.5%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR22.4%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth133.2%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+23.4%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income169.9%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue16.4%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
37DAltman Z-Score8.40A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.43xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.45xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-23.5xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
78B+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.73A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion330.7%A
Grade A: StrongFCF / Net Income
Margin Stability21.1%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.33xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Ninan Shibu Filed | Ninan Shibu | SellOpen market sale | -2002 | |
Ninan Shibu Filed | Ninan Shibu | SellOpen market sale | -2100 | |
Ninan Shibu Filed | Ninan Shibu | SellOpen market sale | -7875 | |
Ninan Shibu Filed | Ninan Shibu | SellOpen market sale | -2700 | |
McKinnon Todd Filed | McKinnon Todd | SellOpen market sale | -1847 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
McKinnon Todd Filed | McKinnon Todd | SellOpen market sale | -6065 | |
McKinnon Todd Filed | McKinnon Todd | SellOpen market sale | -9996 | |
McKinnon Todd Filed | McKinnon Todd | SellOpen market sale | -3194 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
35DROIC >12% Years0/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)72.8%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years7/9 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-65.3%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$1.69
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$13.23
Cash & short-term investments per share (Finnhub)
Book Value / Share$40.12
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$858.00M
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$7.00B
Shareholders' equity (book value)
Asset / Liability3.58xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$32.39B
Current Market Capitalization
Beta0.71B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Okta, Inc. Class A Common Stock (OKTA)
OKTA is down 10.20% at the last close — OKTA shares dropped 6.84% amid a broader cybersecurity sector pullback from record highs.. Okta, Inc. Class A Common Stock meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 8.40 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.73 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 22% annually — a strong growth profile.
- Okta, Inc. Class A Common Stock converts about 32% of revenue into free cash flow — strong cash generation.
- Interest coverage of -23.5× leaves little room for earnings shocks.
- Okta, Inc. Class A Common Stock posted a net loss in 7 of 9 available completed fiscal years (2018–2026).
See how OKTA ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all OKTA moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 185.73 | -10.93% | -3.97 |
| Oct 16 | After-hours | 184.89 | -11.33% | -4.11 |
| Oct 14 | Regular | 214.37 | -5.37% | -2.34 |
| Oct 14 | After-hours | 207.98 | -8.19% | -3.43 |
Frequently Asked Questions about OKTA
What is the current Okta, Inc. Class A Common Stock (OKTA) stock price?
OKTA is trading at $187.26 at the last market close, down 10.20% on the session. PreMarketPrice tracks OKTA pre-market, intraday and after-hours prices.
Is OKTA stock a buy right now?
PreMarketPrice's quantitative model rates Okta, Inc. Class A Common Stock's financial health at 37/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is OKTA stock overvalued?
Okta, Inc. Class A Common Stock trades at a trailing P/E of 109.4 and our valuation score rates it 32/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Okta, Inc. Class A Common Stock report earnings?
No confirmed earnings date is currently scheduled for OKTA. The Earnings section lists recent reports and updates as dates are announced.
What sector does Okta, Inc. Class A Common Stock operate in?
Okta, Inc. Class A Common Stock operates in the Technology sector, within the Services-Prepackaged Software industry. The Related Stocks section lists sector peers for comparison.
What does Okta, Inc. Class A Common Stock do?
Okta is a cloud-native security company specializing in identity and access management.
About Okta, Inc. Class A Common Stock (OKTA) Stock
Okta, Inc. Class A Common Stock (OKTA) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry. As of the latest update, Okta, Inc. Class A Common Stock is trading at $187.26, down 10.20% on the day with a market capitalization of $32.3 billion. The financial health score for OKTA is 37/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for OKTA stock.
OKTA Stock Analysis & Key Metrics
On PreMarketPrice, you can track Okta, Inc. Class A Common Stock (OKTA) across multiple dimensions:
- Pre-market price & movement: Real-time OKTA stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for OKTA with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Okta, Inc. Class A Common Stock across multiple reporting periods.
- Financial health score: A composite score of 37/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for OKTA.
- Sector peers: Compare OKTA against 6 other technology stocks on key financial metrics.
Is OKTA a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Okta, Inc. Class A Common Stock (OKTA) as an investment. The financial health score of 37/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Okta, Inc. Class A Common Stock (OKTA) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.