Here's why Palo Alto Networks and other cybersecurity stocks are now standout gainers
Analysts say investors were too quick to punish cybersecurity shares last week in the wake of updates about an upcoming Anthropic model.
Fiscal Year: February - January
Okta, Inc. (OKTA), listed on the NASDAQ, has a market capitalization of $14.18B. As of Apr 06, 2026, the stock is trading at $80.16 per share@else an unavailable price , 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 61.14, 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 16.21, 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 $14.18B and a competitive P/E ratio of 61.14. Investors should compare these metrics with industry peers to gauge whether Okta, Inc. is outperforming or underperforming within its sector.
Analysts say investors were too quick to punish cybersecurity shares last week in the wake of updates about an upcoming Anthropic model.
Cybersecurity stocks tumbled Friday morning on the news of a new Anthropic model, but analysts argue that AI will ultimately be a tailwind for the sector
Cybersecurity stocks slumped on Friday on a report that Anthropic is testing a powerful new artificial intelligence model called Mythos that presents potential security risks. The rise of AI is puttin...
Steve Koenig digs into Okta Inc.'s (OKTA) bounce back, saying their last quarterly report and guidance were reassuring. He discusses their upcoming AI product launches which may be building hype but t...
ALEXANDRIA, Va.--(BUSINESS WIRE)--SpecterOps, creators of BloodHound and leader in identity Attack Path Management (APM), today announced new coverage for Okta, GitHub, and Mac environments. The new B...
Okta (OKTA) stock has dropped by 11.6% in under a month, from $87.26 on February 13, 2026, to $77.16 currently. Should you consider buying this dip?
SANTA CLARA, Calif.--(BUSINESS WIRE)--Druva, the leading provider of data security, today announced Druva Identity Resilience, adding support for Okta and Microsoft Active Directory alongside Microsof...
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced a new blueprint for the secure agentic enterprise to help every organization answer...
While the broader software sector stumbles, cybersecurity platforms are emerging as essential infrastructure needed to channel rising traffic from AI agents.
The WisdomTree Cloud Computing Fund (WCLD) gained 4.5%, putting the exchange-traded fund on track for its best day since April 24, when it jumped 4.7%. The rally in Okta comes after the identity secur...
Okta Inc (NASDAQ: OKTA) on Wednesday reported upbeat fourth-quarter financial results, but issued weak forecast for the first quarter.
Okta beat earnings expectations for the latest quarter, but guidance for the current quarter was below forecasts.
The identity management and security company expects revenue of $749 million to $753 million in the first quarter, below Wall Street estimates of $754.9 million.
Okta topped Wall Street's fourth-quarter estimates but issued disappointing first-quarter guidance The identity security provider said it is benefiting from the rise of agentic AI and the accompanying...
Okta forecast first-quarter revenue below Wall Street expectations on Wednesday, projecting single-digit growth for the first time since its 2017 IPO as economic uncertainty weighs on enterprise tec...
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2026. “O...
Okta, Inc. (NASDAQ: OKTA) will release earnings results for its fourth quarter, after the closing bell on Wednesday, March 4.
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced that a member of its management team is scheduled to participate in an upcoming inv...
Anthropic announced new AI tools that connect with Salesforce-owned Slack, Intuit, Docusign, LegalZoom, FactSet and Google's Gmail. Cybersecurity and software names have sold off heavily in recent wee...
Shares of cybersecurity companies including CrowdStrike and Datadog slumped on Monday, as investors weighed the potential impact of artificial intelligence startup Anthropic's new security tool on the...
Cybersecurity stocks dropped for a second day as the threat of AI to the industry loomed large with Anthropic's latest AI tool that can scan code for vulnerabilities. Investors are worried these new t...
Okta's (NASDAQ:OKTA) is more than just another cybersecurity stock — it has shown strong and quantifiable financial performance while evolving into a profitable enterprise software entity. In its comp...
Cybersecurity stocks were hit hard on Friday as investors digested a new move from Anthropic that pushes Claude further into a job long dominated by specialist security software. CrowdStrike and Okta ...
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its fourth quarter and fiscal year 2...
BENGALURU, India--(BUSINESS WIRE)--Okta, Inc., the leading independent identity company, is reinforcing its commitment to the Indian market with the launch of in-country Okta Platform tenants, deliver...
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2026 | 831.58M | Analyst x28 | |
| 2027 | 873.50M | 5.04% | Analyst x26 |
| 2028 | 997.69M | 14.22% | Analyst x24 |
| 2029 | 1,112.43M | 11.50% | Analyst x7 |
| 2030 | 1,194.45M | 7.37% | Analyst x4 |
| 2031 | 1,302.45M | 9.04% | Analyst x4 |
| 2032 | 1,366.92M | 4.95% | Est @5.0% |
| 2033 | 1,424.74M | 4.23% | Est @4.2% |
| 2034 | 1,474.31M | 3.48% | Est @3.5% |
| 2035 | 1,520.75M | 3.15% | Est @3.2% |
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 |
| 2026E | 831.58M | 1.08 | 766.88M |
| 2027E | 873.50M | 1.18 | 742.86M |
| 2028E | 997.69M | 1.28 | 782.46M |
| 2029E | 1.11B | 1.38 | 804.56M |
| 2030E | 1.19B | 1.50 | 796.66M |
| 2031E | 1.30B | 1.63 | 801.10M |
| 2032E | 1.37B | 1.76 | 775.34M |
| 2033E | 1.42B | 1.91 | 745.26M |
| 2034E | 1.47B | 2.07 | 711.18M |
| 2035E | 1.52B | 2.25 | 676.50M |
| Terminal | 26.25B | 2.25 | 11.68B |
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