Monthly Drifts in Okta Inc (OKTA) Stock: A Closer Look

Okta Inc [OKTA] stock prices are up 1.52% to $123.91 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OKTA shares have lost -0.39% over the last week, with a monthly amount glided 26.01%, 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 May 14, 2025, when BMO Capital Markets reiterated its Market Perform rating and also boosted its price target to $135 from $130. Previously, Loop Capital started tracking the stock with Buy rating on May 05, 2025, and set its price target to $140. On April 23, 2025, Roth Capital initiated with a Buy rating and assigned a price target of $119 on the stock. Stephens started tracking the stock assigning a Equal-Weight rating and suggested a price target of $127 on April 01, 2025. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $130 as its price target on March 31, 2025. In a note dated March 10, 2025, BMO Capital Markets reiterated an Market Perform rating on this stock and boosted its target price from $105 to $130.

The stock price of Okta Inc [OKTA] has been fluctuating between $70.56 and $127.57 over the past year. Currently, Wall Street analysts expect the stock to reach $113.45 within the next 12 months. Okta Inc [NASDAQ: OKTA] shares were valued at $123.91 at the most recent close of the market. An investor can expect a potential drop of -8.44% based on the average OKTA price forecast.

Analyzing the OKTA fundamentals

The Okta Inc [NASDAQ:OKTA] reported sales of 2.61B for trailing twelve months, representing a surge 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. 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 122.32 points at the first support level, and at 120.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.25, and for the 2nd resistance point, it is at 126.58.

Ratios To Look Out For

It’s worth pointing out that Okta Inc [NASDAQ:OKTA]’s Current Ratio is 1.30. Also, the Quick Ratio is 1.30, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 8.31, the price to book ratio is 3.36 and price to earnings (TTM) ratio is 2114.51.

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.

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