Stocks · Technology · Software - Infrastructure
Okta, Inc. OKTA
$211.49 -0.54% Close, Oct 2, 2026 · NASDAQ · Market cap $35.13B
High qualityStrong trend
Next earnings report: Dec 1, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $1.66, up 75.9% year over year.
- Over the past year the stock returned +130.7%, ahead of the S&P 500 by 115.6 percentage points.
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +7.5%).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 47%
- EPS growth (TTM, YoY)Top 24%
- FCF growth (TTM, YoY)Bottom 47%
- Revenue growth, 3-year CAGRTop 25%
- Revenue growth accelerationBottom 36%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 47%
- Gross marginTop 14%
- Operating marginTop 42%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Top 20%
- Interest coverTop 8%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 46%
- Free-cash-flow yieldTop 50%
- EBITDA / enterprise valueBottom 37%
- Sales / enterprise valueBottom 21%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 13%
- 6-month returnTop 4%
- 1-year return vs S&P 500Top 9%
- Distance from 52-week highTop 6%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 47%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 35%
- Upside to consensus price targetBottom 13%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 31%
- Maximum drawdown, 3 yearsTop 28%
- Beta vs S&P 500 (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Top 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 11.7% | 11.2% | ↓ |
| EPS growth (YoY) | 90.7% | 75.9% | ↓ |
| Gross margin | 76.9% | 78.1% | ↑ |
| Operating margin | 2.6% | 7.7% | ↑ |
| FCF margin | 30.3% | 31.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.2% | 11.7% | ↓ | Bottom 47% |
| EPS growth (TTM, YoY) | 75.9% | 90.7% | ↓ | Top 24% |
| Gross margin | 78.1% | 76.9% | ↑ | Top 14% |
| Operating margin | 7.7% | 2.6% | ↑ | Top 42% |
| Net margin | 9.6% | 6.1% | ↑ | — |
| Free-cash-flow margin | 31.6% | 30.3% | ↑ | — |
| Return on invested capital | 3.0% | — | Bottom 47% | |
| Revenue growth, 3-year CAGR | 16.3% | — | Top 25% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 16.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +1.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -1.80×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 78.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.93%
- Shareholder yield
- 0.93%
- Share count change, 1 year
- -1.2%
- Share count change, 3-year CAGR
- +3.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Aug 27, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +7.5%
- Average 2-day reaction, last 8
- +1.0%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $201.30
- Target vs current price
- -4.8%
- Analysts with a rating
- 53
- Share rating Buy or Strong Buy
- 74%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 26, 2026 | +8.8% | +2.9% | +27.4% | +57.2% | — |
| May 28, 2026 | +6.7% | +5.8% | +39.3% | +33.3% | +51.0% |
| Mar 4, 2026 | +6.4% | -1.1% | +9.8% | +8.5% | +30.6% |
| Dec 2, 2025 | +8.2% | +1.5% | +8.2% | +8.4% | -10.1% |
| Aug 26, 2025 | +7.4% | +0.2% | -2.0% | +0.9% | -11.3% |
| May 27, 2025 | +11.7% | +1.4% | -15.3% | -20.4% | -26.4% |
| Mar 3, 2025 | +6.0% | -3.7% | +24.3% | +19.3% | +38.7% |
| Dec 3, 2024 | +15.5% | +1.1% | +2.9% | -2.5% | +7.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 26, 2026 | $1.05 | $0.97 | +8.8% | $805.0M |
| May 28, 2026 | $0.91 | $0.85 | +6.7% | $765.0M |
| Mar 4, 2026 | $0.90 | $0.85 | +6.4% | $761.0M |
| Dec 2, 2025 | $0.82 | $0.76 | +8.2% | $742.0M |
| Aug 26, 2025 | $0.91 | $0.85 | +7.4% | $728.0M |
| May 27, 2025 | $0.86 | $0.77 | +11.7% | $688.0M |
| Mar 3, 2025 | $0.78 | $0.74 | +6.0% | $682.0M |
| Dec 3, 2024 | $0.67 | $0.58 | +15.5% | $665.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 127.4× | — | — | Bottom 46% |
| P/E (forward) | 53.8× | — | — | — |
| EV / EBITDA | 87.4× | — | — | Bottom 37% |
| EV / Sales | 11.20× | — | — | Bottom 21% |
| Free-cash-flow yield | 2.77% | — | — | Top 50% |
| Earnings yield | 0.78% | — | — | Bottom 46% |
P/E over the past five years
Range 60.8× – 145.4× since Apr 30, 2025. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +130.7%
- Earnings per share growth (TTM)
- +75.9%
- Change in P/E multiple
- +5.7%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 26
- Days above the 200-day average
- 96
- 50-day average slope (20 days)
- +13.7%
- 200-day average slope (20 days)
- +10.6%
- Distance from 50-day average
- +28.4%
- Distance from 200-day average
- +88.6%
- RSI (14)
- 68.4
- Relative volume
- 0.52×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 75.2%
- Volatility vs own 5-year history
- 81th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.01
- Correlation with S&P 500
- 0.27
- Current drawdown from 1-year high
- -0.5%
- Maximum drawdown, 3 years
- -50.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 12, 2021 | Nov 4, 2022 | -84.6% | 436 days | Not yet recovered |
| Oct 13, 2020 | Nov 2, 2020 | -17.4% | 14 days | 25 days (Dec 8, 2020) |
| Dec 22, 2020 | Jan 6, 2021 | -16.1% | 9 days | 24 days (Feb 10, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $35.13B
- P/E (TTM)
- 127.4
- EPS, diluted (TTM)
- $1.66
- Revenue (TTM)
- $3.07B
- 52-week range
- $62.66 – $216.59
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $1.30B | $1.86B | $2.26B | $2.61B | $2.92B |
| Gross profit | $904.0M | $1.31B | $1.68B | $1.99B | $2.26B |
| Operating income | -$768.0M | -$812.0M | -$516.0M | -$63.0M | $153.0M |
| Net income | -$848.0M | -$815.0M | -$355.0M | $28.0M | $235.0M |
| EPS (diluted) | -$5.73 | -$5.16 | -$2.17 | $0.06 | $1.31 |
| Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $665.0M | $682.0M | $688.0M | $728.0M | $742.0M | $761.0M | $765.0M | $805.0M |
| Net income | $16.0M | $23.0M | $62.0M | $67.0M | $43.0M | $63.0M | $74.0M | $116.0M |
| EPS (diluted) | $0.09 | $0.13 | $0.35 | $0.37 | $0.24 | $0.35 | $0.42 | $0.65 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $104.0M | $86.0M | $512.0M | $750.0M | $914.0M |
| Capital expenditure | -$17.0M | -$23.0M | -$24.0M | -$20.0M | -$9.0M |
| Free cash flow | $87.0M | $63.0M | $488.0M | $730.0M | $905.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | $0 | $0 | $0 | -$20.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.30B
- Total assets
- $9.14B
- Total liabilities
- $2.17B
- Total debt
- $53.0M
- Net debt
- -$710.0M
- Shareholders’ equity
- $6.97B
As of Jul 31, 2026 (filed Aug 27, 2026).
Short interest
- Shares sold short
- 8,205,342
- Days to cover
- 2.22
- Change vs previous report
- +6.7%
FINRA short interest, settlement date Sep 15, 2026.