At the time of writing, Okta Inc [OKTA] stock is trading at $101.63, down -0.10%. An important factor to consider is whether the stock is rising or falling in short-term value. The OKTA shares have gain 1.36% over the last week, with a monthly amount drifted -6.57%, and not 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 April 01, 2025, when Stephens initiated its Equal-Weight rating and assigned the stock a price target of $127. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on March 31, 2025, and set its price target to $130. BMO Capital Markets reiterated its Market Perform rating and increased its price target to $130 on March 10, 2025. Mizuho upgraded its rating to a Outperform and raised its price target to $127 on March 04, 2025. DA Davidson upgraded its rating to Buy for this stock on March 04, 2025, and upped its price target to $125. In a note dated January 17, 2025, Citigroup reiterated an Neutral rating on this stock and boosted its target price from $95 to $100.
For the past year, the stock price of Okta Inc fluctuated between $70.56 and $118.07. Currently, Wall Street analysts expect the stock to reach $107.14 within the next 12 months. Okta Inc [NASDAQ: OKTA] shares were valued at $101.63 at the most recent close of the market. An investor can expect a potential return of 5.42% 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 98.88 points at the first support level, and at 96.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.56, and for the 2nd resistance point, it is at 105.48.
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 6.76, the price to book ratio is 2.75 and price to earnings (TTM) ratio is 1734.30.
Transactions by insiders
Recent insider trading involved McKinnon Todd, Chief Executive Officer, that happened on Mar 20 ’25 when 0.23 million shares were sold. Director, Kerrest Jacques Frederic completed a deal on Mar 20 ’25 to sell 1737.0 shares. Meanwhile, Schwartz Larissa sold 11552.0 shares on Mar 19 ’25.
