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NASDAQ · US · Software - Infrastructure

OKTA Okta

Identity for people and AI agents

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-11-12
$182.5
+0.16% today
1W
+6.7%
1M
−13.9%
3M
+23.8%
YTD
+111.1%
1Y
+115.5%
Off 52w high
−21.4%
Next earnings (est.): 2026-12-01
Market cap$31.91B
P/E (trailing)110.0Forward 41.7
EV / sales9.6×EV/EBITDA 92.3×
Revenue (TTM)$3.07BGrowth 10.6% y/y
Margins78.1%gross · op 7.7%
Free cash flow$1.04BCash $2.30B · debt $53.00M
Analyst target$214.7+17.6% upside · 43 analysts · buy
Riskβ 0.72Short 4.4% of float

Fundamentals from public market data, refreshed daily (2026-11-12 22:21 UTC). Figures in reporting currency.

OKTA · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-26EarningsBeat / raise

    Reported EPS 1.05 vs 0.96 expected (+8.9% surprise).

  2. 7
    2026-05-28EarningsBeat / raise

    Reported EPS 0.91 vs 0.85 expected (+6.7% surprise).

  3. 6
    2026-03-04EarningsBeat / raise

    Reported EPS 0.9 vs 0.85 expected (+6.3% surprise).

  4. 5
    2025-12-02EarningsBeat / raise

    Reported EPS 0.82 vs 0.76 expected (+8.1% surprise).

  5. 4
    2025-08-26EarningsBeat / raise

    Reported EPS 0.91 vs 0.85 expected (+7.6% surprise).

  6. 3
    2025-05-27EarningsBeat / raise

    Reported EPS 0.86 vs 0.77 expected (+11.5% surprise).

  7. 2
    2025-03-03EarningsBeat / raise

    Reported EPS 0.78 vs 0.74 expected (+6.0% surprise).

  8. 1
    2024-12-03EarningsBeat / raise

    Reported EPS 0.67 vs 0.58 expected (+14.8% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-260.961.05+8.9%
2026-05-280.850.91+6.7%
2026-03-040.850.9+6.3%
2025-12-020.760.82+8.1%
2025-08-260.850.91+7.6%
2025-05-270.770.86+11.5%
2025-03-030.740.78+6.0%
2024-12-030.580.67+14.8%
2024-08-280.610.72+17.6%
2024-05-290.550.65+19.1%
2024-02-280.510.63+24.0%
2023-11-290.290.44+50.8%
2023-08-300.210.31+44.5%
2023-05-310.120.22+85.5%
2023-03-010.090.3+233.1%
2022-08-31-0.3-0.1+67.1%
2022-06-02-0.34-0.27+20.7%
2022-03-02-0.24-0.18+24.9%
2021-12-01-0.23-0.07+70.0%
2021-09-01-0.33-0.11+66.9%
2021-05-26-0.2-0.1+50.0%
2021-03-03-0.010.06+647.0%
2020-12-02-0.010.04+488.7%

About Okta

Website ↗

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform's secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecy…

6,366 employees · San Francisco, United States

AI agents and AI-written attacks expand the attack surface faster than security teams can hire. Spend shifts to platforms that use AI to defend AI workloads.

Threats→Detection→Platform→Response

What would prove us wrong. Weakens if net-new ARR decelerates across the group while breach activity stays high.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
CRWD
CrowdStrike
Endpoint and cloud security platform $229.9+0.35%−7.8%+96.2%
PANW
Palo Alto Networks
Network, cloud and identity security platform $322.7−3.53%−14.0%+75.2%
ZS
Zscaler
Zero-trust security for AI traffic $193.2−0.30%−12.5%−14.1%
FTNT
Fortinet
Firewalls and secure networking $129.5+1.12%−29.6%+63.1%
NET
Cloudflare
Edge network, AI inference and bot defence $318.5+1.11%−1.8%+61.5%
S
SentinelOne
AI-native endpoint security $22.29−6.27%−2.3%+48.6%
CHKP
Check Point Software
Network and cloud security $147.5+0.62%+10.0%−20.5%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.