Okta: The Agents Are Coming
Okta is positioned to capitalize on the AI-driven surge in non-human identities, expanding its billable user base without proportional cost increases. Its vendor-neutral platform and 8,000+ integratio...
Fiscal Year: February - January
Okta, Inc. (OKTA), listed on the NASDAQ, has a market capitalization of $15.71B. As of May 21, 2025, the stock is trading at $125.54 per share, offering investors a clear view of its current market value. Okta, Inc. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 831.77, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Okta, Inc. also offers a dividend yield of N/A , making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Okta, Inc. (OKTA) may be undervalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Okta, Inc. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Okta, Inc., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Okta, Inc. is 29.62, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Okta, Inc. (OKTA) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Okta, Inc. (OKTA) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be undervalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Okta, Inc. (OKTA) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Okta, Inc.. To access the full SS Score, consider upgrading your subscription.
Okta, Inc. is a significant player in the industry sector, with a market capitalization of $15.71B and a competitive P/E ratio of 831.77. Investors should compare these metrics with industry peers to gauge whether Okta, Inc. is outperforming or underperforming within its sector.
Okta is positioned to capitalize on the AI-driven surge in non-human identities, expanding its billable user base without proportional cost increases. Its vendor-neutral platform and 8,000+ integratio...
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced that it will release its financial results for its first quarter fiscal year 2026 e...
NEW YORK , April 28, 2025 /PRNewswire/ -- Okta Inc. (NASD: OKTA) will replace Berry Global Group Inc. (NYSE: BERY) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 1. S...
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 ...
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 managemen...
LONDON--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced new Okta Platform capabilities to help businesses secure AI agents and other non-human ide...
LONDON--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced the availability of Auth for GenAI in Developer Preview, as part of the Auth0 Platform, a ...
SAN FRANCISCO--(BUSINESS WIRE)--Okta, a leading identity and access management company, today announced the 2nd annual Okta Startup Challenge. The challenge invites early stage startups, incorporated ...
Today, I'll provide a unique take on Okta, Inc.'s current business performance and prospects with the help of Palo Alto Networks. In 2017-2018, Palo Alto Networks was seen in a similar light to the wa...
Markets are turning increasingly concerned about a recession due to uncertainty related to the new US government's trade policies. While equities tend to underperform during economic slowdowns, divid...
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Bitwarden: What: Bitwarden has been recognized as one the top fastest growing apps in the newly released Okta Businesses at Work 2025 report, which highlights w...
SAN FRANCISCO--(BUSINESS WIRE)--Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, proudly introduces "The Identity 25," an initiative tha...
Okta's Q4FY25 earnings surpassed expectations, with a 13% YoY sales increase, driving a 20% surge in stock price. The IAM market, valued at $22.99 billion in 2025, is projected to grow at 12.40% annua...
I love that Okta holds over $2.1 billion in cash—giving it flexibility and stability. At 18x forward free cash flow, Okta's valuation looks compelling for a SaaS leader. I see room for revenue growth ...
OKTA continues to outperform expectations, thanks to the stock's previously discounted valuations compared to its historical means and its cybersecurity peers. This is significantly aided by the cyber...
Cybersecurity player Okta (OKTA) is ending its reporting year on a high note. Fourth-quarter sales rose 13% from the prior year amid healthy demand for cybersecurity services.
Okta investors have much to cheer about in a downcast market, as the surge finished almost +25% yesterday. Okta's strategic shift towards higher-value enterprise customers has validated its business m...
Okta shares soared after the company reported strong fourth-quarter earnings and beat on guidance. The move put the stock on pace for its best day in over a year.
Shares of Okta jumped more than 10% after reporting Q4 results, especially after its FY26 outlook called for 9-10% y/y growth, well above Street expectations. The company addresses an $80 billion TAM ...
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent Identity partner, today announced that members of its management team are scheduled to participate in upcoming invest...
Okta's Q4 FY25 earnings saw its revenue and earnings grow 13% and 30% earnings YoY respectively, surpassing analyst estimates and driving the stock up 16%. During the quarter, Okta saw its cRPO grow a...
Okta, Inc. (NASDAQ:OKTA) Q4 2025 Earnings Conference Call March 3, 2025 5:00 PM ET Company Participants Dave Gennarelli - SVP, IR Todd McKinnon - CEO & Co-Founder Brett Tighe - CFO Conference Call Pa...
Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still “prudent.”
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
Year | FCF Estimate | % | # Analysts |
---|---|---|---|
2025 | 658.80M | Analyst x19 | |
2026 | 744.81M | 13.06% | Analyst x25 |
2027 | 856.71M | 15.02% | Analyst x22 |
2028 | 1,047.81M | 22.31% | Analyst x7 |
2029 | 1,204.28M | 14.93% | Analyst x4 |
2030 | 1,399.13M | 16.18% | Analyst x4 |
2031 | 1,508.99M | 7.85% | Est @7.9% |
2032 | 1,601.23M | 6.11% | Est @6.1% |
2033 | 1,674.42M | 4.57% | Est @4.6% |
2034 | 1,737.71M | 3.78% | Est @3.8% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
Year | FCF | Discount Factor | PV of Future FCF |
---|---|---|---|
2024A | 504.00M | 1.00 | 504.00M |
2025A | 742.00M | 1.00 | 742.00M |
2025E | 658.80M | 1.08 | 608.95M |
2026E | 744.81M | 1.17 | 636.35M |
2027E | 856.71M | 1.27 | 676.57M |
2028E | 1.05B | 1.37 | 764.88M |
2029E | 1.20B | 1.48 | 812.57M |
2030E | 1.40B | 1.60 | 872.61M |
2031E | 1.51B | 1.73 | 869.91M |
2032E | 1.60B | 1.88 | 853.24M |
2033E | 1.67B | 2.03 | 824.72M |
2034E | 1.74B | 2.20 | 791.13M |
Terminal | 31.32B | 2.20 | 14.26B |
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