At the time of writing, Okta Inc [OKTA] stock is trading at $115.64, up 2.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The OKTA shares have gain 9.93% over the last week, with a monthly amount glided 15.34%, 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 10, 2025, when BMO Capital Markets reiterated its Market Perform rating and also boosted its price target to $130 from $105. Previously, Mizuho upgraded its rating to Outperform on March 04, 2025, and elevated its price target to $127. On March 04, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $125 on the stock. Citigroup reiterated its Neutral rating and increased its price target to $100 on January 17, 2025. KeyBanc Capital Markets upgraded its rating to a Overweight but $115 remained the price target by the analyst firm on December 19, 2024. JP Morgan upgraded its rating to Overweight for this stock on December 16, 2024, but kept the price target unchanged to $100. In a note dated December 05, 2024, Bernstein upgraded an Outperform rating on this stock and boosted its target price from $123 to $129.
For the past year, the stock price of Okta Inc fluctuated between $70.56 and $116.96. Currently, Wall Street analysts expect the stock to reach $103.85 within the next 12 months. Okta Inc [NASDAQ: OKTA] shares were valued at $115.64 at the most recent close of the market. An investor can expect a potential drop of -10.2% based on the average OKTA price forecast.
Analyzing the OKTA fundamentals
According to Okta Inc [NASDAQ:OKTA], the company’s sales were 2.61B for trailing twelve months, which represents an 12.73% jump. 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 113.22 points at the first support level, and at 110.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.43, and for the 2nd resistance point, it is at 119.23.
Ratios To Look Out For
It is important to note that Okta Inc [NASDAQ:OKTA] has a current ratio of 1.30. On the other hand, the Quick Ratio is 1.30, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 7.69, the price to book ratio is 3.13 and price to earnings (TTM) ratio is 1973.38.
Transactions by insiders
Recent insider trading involved ERIC KELLEHER, Officer, that happened on Mar 17 ’25 when 5895.0 shares were purchased. Director, Kerrest Jacques Frederic completed a deal on Mar 05 ’25 to sell 0.14 million shares. Meanwhile, Director Kerrest Jacques Frederic sold 0.13 million shares on Mar 04 ’25.
