Okta, Inc. OKTA
Computer Software: Prepackaged Software · IPO 2017 · data as of November 13, 2026
Okta, Inc. (OKTA) is a technology company listed in the US with a market value of about $32.0B. In the twelve months to July 31, 2026 it had revenue of $3.1B and net income of $296M, a net margin of 9.6%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is future growth (5/5); the weakest is value (0/5).
Key numbers: a P/E of 110.2, a price to free cash flow of 32.7, 5-year revenue growth of 28% a year, a 5-year average ROIC of -4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 79% below the current price.
Score: 2.2 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1B | $2.9B | $2.6B | $2.3B | $1.9B | $1.3B | $835M | $586M | $399M | $257M | $161M |
| Net income | $296M | $235M | $28M | -$355M | -$815M | -$848M | -$266M | -$209M | -$125M | -$110M | -$75M |
| Free cash flow | $979M | $875M | $742M | $504M | $74M | $91M | $115M | $40M | -$5M | -$32M | -$48M |
| EPS (diluted) | $1.66 | $1.31 | $0.06 | $-2.17 | $-5.16 | $-5.73 | $-2.09 | $-1.78 | $-1.17 | $-1.32 | $-3.94 |
| Net margin | 9.6% | 8.1% | 1.1% | -15.7% | -43.9% | -65.2% | -31.9% | -35.6% | -31.4% | -42.8% | -46.7% |
| ROIC | — | 1.9% | -0.7% | -5.7% | -8.2% | -9.7% | -11.6% | -13.1% | -29.1% | -56.0% | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 43 analysts is $214.72, 17% above the current price; targets range from $127.00 to $250.00; the consensus rating is “Buy”; expected EPS is $3.93 for the fiscal year ending January 31, 2027.
Frequently asked questions
What is Okta’s P/E ratio?
About 110.2, based on the last twelve months of diluted earnings per share (forward P/E about 44.0).
Is Okta stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 79% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Okta pay a dividend?
Not currently.
Is Okta a good stock to buy?
We do not give buy or sell advice. Okta scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.