OKTA:NSD-Okta Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 204.41

Change

0.00 (0.00)%

Market Cap

USD 31.79B

Volume

1.70M

Avg Analyst Target

USD 284.23 (+39.05%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Okta Inc (OKTA) Stock Analysis:
Based on the Okta Inc stock forecasts from 19 analysts, the average analyst target price for Okta Inc is USD 284.23 over the next 12 months. Okta Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Okta Inc is Slightly Bearish, which is based on 4 positive signals and 5 negative signals. At the last closing, Okta Inc’s stock price was USD 204.41. Okta Inc’s stock price has changed by +3.17% over the past week, -13.50% over the past month and -19.20% over the last year.

About

Okta, Inc. provides identity management platform for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-17 )

Largest Industry Peers for Software-Infrastructure

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MSFT Microsoft Corporation

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USD2,328.98B 34.70 27.81
ADBE Adobe Inc

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USD247.70B 51.96 40.55
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SNPS Synopsys Inc

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USD50.05B 67.81 56.13
PANW Palo Alto Networks Inc. Common..

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USD49.25B N/A 15,936.50
CRWD CrowdStrike Holdings Inc

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ZS Zscaler Inc

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MDB MongoDB Inc

N/A

USD26.49B N/A N/A
VRSN VeriSign Inc

N/A

USD25.16B 41.75 31.09
SPLK Splunk Inc

N/A

USD19.47B N/A N/A

ETFs Containing OKTA

Symbol Name Weight Mer Price(Change) Market Cap
CIBR First Trust Exchange-Trad.. 0.00 % 0.60 %

N/A

USD5.76B
CYBR:CA Evolve Cyber Security Ind.. 0.00 % 0.40 %

+0.10 (+0.22%)

USD0.07B
IHAK iShares Cybersecurity and.. 0.00 % 0.47 %

N/A

USD0.61B
L0CK:XETRA iShares IV Public Limited.. 0.00 % 0.40 %

+0.07 (+1.04%)

USD1.47B
CYBR-U:CA Evolve Cyber Security Ind.. 0.00 % 0.00 %

N/A

N/A
BUG Global X Funds - Global X.. 0.00 % 0.50 %

N/A

USD0.66B
WCBR WisdomTree Trust - Wisdom.. 0.00 % 0.45 %

N/A

N/A
RCRS:XETRA Rize UCITS ICAV - Rize Cy.. 0.00 % 0.45 %

-0.02 (-0.33%)

USD0.11B
CIBR:LSE First Trust Global Funds .. 0.00 % 0.00 %

+0.35 (+1.13%)

N/A
CYSE:LSE WisdomTree Cybersecurity .. 0.00 % 0.00 %

+14.00 (+0.86%)

N/A
FCBR:LSE First Trust Nasdaq Cybers.. 0.00 % 0.00 %

+26.00 (+1.14%)

N/A
WCBR:LSE WisdomTree Cybersecurity .. 0.00 % 0.00 %

+0.17 (+0.74%)

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -8.81% 49% F 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -8.81% 49% F 28% F
Trailing 12 Months  
Capital Gain -19.20% 43% F 37% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -19.20% 42% F 36% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 79.52% 85% B 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 79.52% 85% B 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 49.53% 36% F 35% F
Risk Adjusted Return 160.56% 94% A 99% A+
Market Capitalization 31.79B 92% A- 97% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 5.81 50% F 21% F
Price / Cash Flow Ratio 248.47 4% F 1% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -20.50% 44% F 39% F
Return on Invested Capital -10.74% 32% F 34% F
Return on Assets -5.41% 39% F 34% F
Debt to Equity Ratio 123.54% 20% F 16% F
Technical Ratios  
Short Ratio 3.46 47% F 34% F
Short Percent 4.45% 46% F 35% F
Beta 1.00 53% F 57% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector