Okta Inc [NASDAQ: OKTA] plunged by -$4.74 during the normal trading session on Thursday and reaching a high of $98.9231 during the day while it closed the day at $94.41.
Okta Inc stock has also loss -3.80% of its value over the past 7 days. However, OKTA stock has inclined by 3.30% in the 3 months of the year. Over the past six months meanwhile, it has gained 11.89% and lost -3.71% year-on date.
The market cap for OKTA stock reached $16.53 billion, with 167.16 million shares outstanding and 166.15 million shares in the current float. Compared to the average trading volume of 4.02M shares, OKTA reached a trading volume of 4130507 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Okta Inc [OKTA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OKTA shares is $123.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OKTA stock is a recommendation set at 1.98. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Arete have made an estimate for Okta Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on July 07, 2025. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $130 to $135. The new note on the price target was released on May 14, 2025, representing the official price target for Okta Inc stock. Previously, the target price had yet another raise to $140, while Loop Capital analysts kept a Buy rating on OKTA stock.
The Price to Book ratio for the last quarter was 2.52, with the Price to Cash per share for the same quarter was set at 15.56. Price to Free Cash Flow for OKTA in the course of the last twelve months was 21.63 with Quick ratio for the last quarter at 1.40.
OKTA stock trade performance evaluation
Okta Inc [OKTA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.80. With this latest performance, OKTA shares dropped by -6.71% in over the last four-week period, additionally plugging by 11.89% over the last 6 months – not to mention a rise of 19.81% in the past year of trading.
Okta Inc [OKTA]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Okta Inc [OKTA] shares currently have an operating margin of 0.86% and a Gross Margin at 76.69%. Okta Inc’s Net Margin is presently recorded at 4.85%.
Return on Equity for this stock inclined to 1.42%, with Return on Assets sitting at 1.42%.
Earnings per share (EPS) analysis for Okta Inc [OKTA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OKTA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Okta Inc go to 12.39%.
Okta Inc [OKTA]: Institutional Ownership
There are presently around $91.93%, or 92.44% of OKTA stock, in the hands of institutional investors. The top three institutional holders of OKTA stocks are: FMR LLC with ownership of 17.04 million shares, which is approximately 10.1053%. VANGUARD GROUP INC, holding 16.61 million shares of the stock with an approximate value of $$1.55 billion in OKTA stocks shares; and VANGUARD GROUP INC, currently with $$897.06 million in OKTA stock with ownership which is approximately 5.6834%.
