A share price of Okta Inc [OKTA] is currently trading at $104.79, up 1.36%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OKTA shares have gain 13.34% over the last week, with a monthly amount drifted -5.76%, 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 23, 2025, when Roth Capital initiated its Buy rating and assigned the stock a price target of $119. Previously, Stephens started tracking the stock with Equal-Weight rating on April 01, 2025, and set its price target to $127. On March 31, 2025, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $130 on the stock. BMO Capital Markets reiterated its recommendation of a Market Perform and raised its price target to $130 on March 10, 2025. Mizuho upgraded its rating to Outperform for this stock on March 04, 2025, and upped its price target to $127. In a note dated March 04, 2025, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $90 to $125.
Okta Inc experienced fluctuations in its stock price throughout the past year between $70.56 and $118.07. Currently, Wall Street analysts expect the stock to reach $113.45 within the next 12 months. Okta Inc [NASDAQ: OKTA] shares were valued at $104.79 at the most recent close of the market. An investor can expect a potential return of 8.26% based on the average OKTA price forecast.
Analyzing the OKTA fundamentals
Trailing Twelve Months sales for Okta Inc [NASDAQ:OKTA] were 2.61B which represents 12.73% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
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 102.99 points at the first support level, and at 101.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.89, and for the 2nd resistance point, it is at 107.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Okta Inc [NASDAQ:OKTA] is 1.30. In addition, the Quick Ratio stands at 1.30 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 6.97, the price to book ratio is 2.84 and price to earnings (TTM) ratio is 1788.23.
Transactions by insiders
Recent insider trading involved Addison Jonathan James, Chief Revenue Officer, that happened on Apr 11 ’25 when 7005.0 shares were sold. Officer, Addison Jonathan James completed a deal on Apr 11 ’25 to buy 7005.0 shares. Meanwhile, Chief Executive Officer McKinnon Todd sold 0.23 million shares on Mar 20 ’25.
