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Added to YB: 2025-09-01

Pitch date: 2025-08-28

OKTA [neutral]

Okta, Inc.

-2.6%

current return

Author Info

No bio for this author

Company Info

Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta’s suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials.

Market Cap

$14.8B

Pitch Price

$92.59

Price Target

N/A

Dividend

N/A

EV/EBITDA

64.88

P/E

100.36

EV/Sales

4.66

Sector

IT Services

Category

growth

Show full summary:
OKTA Q2 2026 Highlights

OKTA (earnings update): Cloud IAM leader beats Q2 with $728M revenue (+13% YoY) vs $711.8M est, $0.91 EPS vs $0.84 est. Historic GAAP operating profit $41M vs -$19M prior year. Non-GAAP op margin expanded to 28% from 23%. FCF +108% YoY to $162M. Raised FY guidance. $4.15B RPO (+18%).

Read full article (4 min)