Okta Inc [OKTA] stock is trading at $112.44, up 1.10%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OKTA shares have gain 24.26% over the last week, with a monthly amount glided 15.38%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Okta Inc [NASDAQ: OKTA] stock has seen the most recent analyst activity on March 04, 2025, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $127 from $110. Previously, DA Davidson upgraded its rating to Buy on March 04, 2025, and elevated its price target to $125. On January 17, 2025, Citigroup reiterated its Neutral rating and revised its price target to $100 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but stick to its price target of $115 on December 19, 2024. JP Morgan upgraded its rating to a Overweight but $100 remained the price target by the analyst firm on December 16, 2024. Bernstein upgraded its rating to Outperform for this stock on December 05, 2024, and upped its price target to $129. In a note dated December 04, 2024, Susquehanna reiterated an Neutral rating on this stock and boosted its target price from $85 to $95.
Okta Inc [OKTA] stock has fluctuated between $70.56 and $116.96 over the past year. Currently, Wall Street analysts expect the stock to reach $89.75 within the next 12 months. Okta Inc [NASDAQ: OKTA] shares were valued at $112.44 at the most recent close of the market. An investor can expect a potential drop of -20.18% based on the average OKTA price forecast.
Analyzing the OKTA fundamentals
Okta Inc [NASDAQ:OKTA] reported sales of 2.61B for the trailing twelve months, which represents a growth of 12.73%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 108.53 points at the first support level, and at 104.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.49, and for the 2nd resistance point, it is at 118.54.
Ratios To Look Out For
For context, Okta Inc’s Current Ratio is 1.30. As well, the Quick Ratio is 1.30, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 7.48, the price to book ratio is 3.05 and price to earnings (TTM) ratio is 1918.77.
Transactions by insiders
Recent insider trading involved Kerrest Jacques Frederic, Director, that happened on Mar 05 ’25 when 0.14 million shares were sold. Director, Kerrest Jacques Frederic completed a deal on Mar 04 ’25 to sell 0.13 million shares. Meanwhile, Director Kerrest Jacques Frederic sold 20013.0 shares on Mar 05 ’25.
