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Okta, Inc. (OKTA)

Technology Balanced

Okta is the digital gatekeeper that helps employees and customers securely log into the apps they use every day.

$141.93

Is Okta, Inc. a good stock for a UK beginner?

The honest version: Okta is the digital gatekeeper that helps employees and customers securely log into the apps they use every day.

No rating · no target price · nothing for sale here
Price+55.3%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+43% past year
$141.93
Low $62.66High $157.00
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Okta, Inc.
$1,553+55%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$24.89B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.68M
Day range: The lowest and highest price the shares traded at during the latest day.
$137.76 – $144.33
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$62.66 – $157.00
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
102.1
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.77
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.77
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -7% past week · ▲ +43% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Becoming the industry standard for global digital identity.

The bear case

Major tech platforms integrating identity services for free.

What does Okta, Inc. do?

Think of Okta as a master key for the internet; it provides a single, secure way for people to sign into various work and personal software without needing dozens of different passwords. They make their money through subscription fees paid by businesses that need to manage access for their staff and customers. How well they keep growing their customer base while fending off tech giants offering similar security tools is what to follow.

VQGMI
Factor profile

On our factor screen it looks strongest on momentum and quality, and weakest on income.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 24Quality: How profitable and financially healthy the company is (higher = stronger). 59Growth: How fast revenue and earnings are growing (higher = faster). 56Momentum: How the share price has been trending recently (higher = stronger recent run). 89Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Momentum screens high (89/100)
  • High gross margins show a very efficient core business model.
  • Essential service that is difficult for companies to stop using once installed.
  • Strong brand recognition in the cybersecurity space.
What to watch
  • Value screens low (24/100)
  • Income screens low (16/100)
  • Cybersecurity firms are prime targets for hackers, and a breach could be catastrophic.
  • Large tech companies could bundle similar identity tools into their existing software suites.
  • Economic downturns might lead businesses to cut back on software spending.

What do Okta, Inc.'s numbers mean?

P/E
109.3
This shows how much investors are paying for every pound of current profit, suggesting high expectations for future growth.
Gross margin
77.4%
This indicates that for every pound of sales, the company keeps over 77 pence after covering the direct costs of providing its software.
Revenue growth
11.2%
This is the rate at which the company's total sales are increasing compared to the previous year.
Beta
0.8
This suggests the share price tends to be slightly less jumpy than the wider stock market.

How much money does Okta, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$191.25M$382.50M$573.75M$765.00MQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
77.4%
Net margin
8.2%
Return on equity
3.7%

Does Okta, Inc. pay a dividend?

No - Okta, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

When does Okta, Inc. report earnings, and how did recent quarters go?

Okta, Inc. is next scheduled to report on about 2026-08-25 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-28$0.85$0.91Beat +7%
2026-03-04$0.85$0.90Beat +6%
2025-12-02$0.76$0.82Beat +8%
2025-08-26$0.85$0.91Beat +8%
2025-05-27$0.77$0.86Beat +11%
2025-03-03$0.74$0.78Beat +6%

Across the last 6 quarters here, Okta, Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Technology

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What are the scenarios for Okta, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$163$142$60today · $142▲ Bull · $153• Base · $142▼ Bear · $131in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Stronger than expected quarterly subscription sign-ups.
Base
-2% to +2%Steady performance in line with current market trends.
Bear
-5% to -10%Increased pressure from cheaper competitor offerings.

What are the pros and cons of Okta, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • High gross margins show a very efficient core business model.
  • Essential service that is difficult for companies to stop using once installed.
  • Strong brand recognition in the cybersecurity space.
The catch3
  • High current price-to-earnings ratio suggests the shares are priced for perfection.
  • No dividend payments, meaning returns rely entirely on share price growth.
  • Growth has slowed compared to earlier years.
Key risks3
  • Cybersecurity firms are prime targets for hackers, and a breach could be catastrophic.
  • Large tech companies could bundle similar identity tools into their existing software suites.
  • Economic downturns might lead businesses to cut back on software spending.
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.