OKTA - Okta, Inc opinions and analysis

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Fundamentals:

Basic Info:

Market Cap: 36.58B
Exchange: NASDAQ
Shares Float: 125,049,613
Shares Outstanding: 145,526,000
Revenue Per Employee: 295,671.14

Advanced Info:

ROE ttm: -58.02 %
ROA ttm: -5.39 %
Beta: 0.9652
EPS: -1.389
Debt Ratio ttm: 0.8
Debt / Equity Ratio ttm: 4.02
Payout Ratio ttm:

Cash Ratios:

Cash Ratio ttm: 0.82
Current Ratio ttm: 3.76
Quick Ratio ttm: 3.63

Key Ratios:

P/E trailing 12 month: -115.08
P/E forward: 5279.4
P/E trailing 12m high: -86.54
P/E trailing 12m low: -141.55
P/S trailing 12 month: 40.49
EV/S trailing 12 month: 38.86
P/B trailing 12 month: 52.57
PEG ratio: 276.06

Shorts:

Shares Short: 5,940,070
Shares Short Prev Month: 5,926,183
Days to Cover: 2.76
Short Percent Float: 4.75 %
Short Percent Outstanding: 4.00 %

Ownership:

Percent Insiders: 1.15 %
Percent Institutions: 84.10 %

Margins:

Gross Profit Margin ttm: 74.00 %
EBITDA Margin ttm: -16.00 %
Operating Margin ttm: -26.07 %
Net Income Margin ttm: -35.00 %

Target Prices:

Target Price High: 318 USD
Target Price Low: 235 USD
Target Price Mean: 276.19 USD
Number of Analysts: 21

Key Prices:

52 Week High: 294
52 Week Low: 179.75
50 Day Moving Average: 237.7423
200 Day Moving Average: 248.3798

Dividends:

Trailing Dividend yld:
Forward Dividend yld:
Payout Ratio:
Ex-Dividend date: None

Current Quarter Estimates:

Current Quarter EPS estimate: -0.36 ~ -0.11 (2021-07-31)
Current Quarter revenue estimate: 260.44M ~ 297.00M

As of: 2021-06-13

Click to expand the area.

Latest News:

• Okta Inc (OKTA) CEO Todd Mckinnon Sold $1 million of SharesYahoo Finance2021-06-18 20:15:05 EDT

• OKTA Crosses Above Key Moving Average LevelNasdaq2021-06-18 17:38:18 EDT

• Dow Jones Dives As Stocks Tumble In Quadruple Witching Trade; Adobe Le...Investor's Business Daily2021-06-18 14:00:00 EDT

• Tech Stocks Hit It Big As Covid-Sparked Digital Shift Continues With N...Investor's Business Daily2021-06-18 11:00:00 EDT

• eQuorum Announces Release of ImageSite 11.2Digital Journal2021-06-18 07:24:10 EDT

• Downtrodden Okta Stock Still Has a Chance to Shine AgainInvestorPlace2021-06-17 17:57:47 EDT

• Silicon Valley firm Khosla Ventures makes a rare Seattle investment, l...GeekWire2021-06-17 16:00:30 EDT

• Okta's CEO on Cybersecurity and Using Biometrics to Secure BusinessBarron's2021-06-17 15:28:50 EDT

• Panther Labs Named Snowflake Cybersecurity Partner of the YearDigital Journal2021-06-17 13:31:47 EDT

• Microsoft updates Office apps for a world in which more people work fr...CNBC2021-06-17 13:00:01 EDT

• Cybersecurity startups near record funding as hacks take spotlightYahoo Finance2021-06-17 06:26:52 EDT

• My Take: 4 Growth Stocks to Buy This WeekNasdaq2021-06-15 14:00:00 EDT

• Auth0 WebAuthn Passwordless Offers New Levels of Ease and Security for...Business Wire2021-06-15 13:01:00 EDT

• Identity Authentication Access Market set to hit $28.5bn in 2021StreetInsider.com2021-06-14 15:42:50 EDT

• 5 Generational Tech Buys On Any Summer WeaknessSeeking Alpha2021-06-14 12:51:32 EDT

• Tony Zhang's Okta Options TradeBenzinga2021-06-12 20:25:00 EDT

• World Reimagined: The Growth of Privacy and Cybersecurity as an Indust...Nasdaq2021-06-11 17:24:50 EDT

• Got $3,000? 2 Tech Stocks to Buy and Hold for the Long TermMotley Fool2021-06-11 14:59:06 EDT

• Best Cybersecurity Stocks To Buy Right Now? 3 In FocusNasdaq2021-06-11 12:54:22 EDT

• Okta, Inc. (OKTA) Management Presents at Bank of America Merrill Lynch...Seeking Alpha2021-06-08 19:52:05 EDT

• 5 Stellar Cloud Stocks Emerging From Recent EarningsSeeking Alpha2021-06-07 12:09:59 EDT

• 3 Hot Stocks With Bullish Opportunities Going into the SummerInvestorPlace2021-06-07 10:53:59 EDT

• Why Okta Dived by 17.5% in MayThe Motley Fool2021-06-05 13:05:53 EDT

• Is Okta Worth a Look Right Now?The Motley Fool2021-06-05 08:07:00 EDT

• Cathie Wood Is Doubling Down on These 3 Stock Rebound BetsThe Motley Fool2021-06-04 06:39:00 EDT

• Okta, Inc. (OKTA) CEO Todd McKinnon Presents at William Blair & Compan...Seeking Alpha2021-06-03 20:04:02 EDT

• This Cloud Computing Trend Could Send the Nasdaq SoaringThe Motley Fool2021-06-01 13:51:00 EDT

• Okta Earnings: Momentum Holds Ahead of Its Big MergerThe Motley Fool2021-05-31 16:36:00 EDT

• Okta Sets Its Sights on a Big Growth TargetThe Motley Fool2021-05-29 10:02:00 EDT

• Okta: A High Quality Growth Stock Close To Being A BuySeeking Alpha2021-05-28 12:21:35 EDT

• Okta to Present at Upcoming Investor ConferencesBusiness Wire2021-05-28 08:30:00 EDT

• Cathie Wood Loads Up $27.4M In Okta On Dip, Also Adds ZoomBenzinga2021-05-27 23:21:11 EDT

• 3 Analysts Offer Diverse Opinions On Okta's Q1 EarningsBenzinga2021-05-27 17:14:13 EDT

• Software Stocks: Why OKTA, WDAY and SNOW Are Seeing Red TodayInvestorPlace2021-05-27 12:44:46 EDT

• Why Okta Stock Was Sinking TodayThe Motley Fool2021-05-27 11:30:05 EDT

• OKTA Incurs Loss in Q1, Subscription Revenues Increase Y/YZacks Investment Research2021-05-27 10:31:32 EDT

• Personal Identity Management Market Is in Huge Demand : Okta, Hitachi ...Digital Journal2021-02-19 19:48:00 EDT

• Notable Wednesday Option Activity: TRIP, MGM, OKTANasdaq2021-02-17 20:27:00 EDT

• Okta Inc OutperformBusiness Insider2021-02-11 20:23:00 EDT

• April 1st Options Now Available For OktaNasdaq2021-02-11 19:23:00 EDT

• Okta (OKTA) Dips More Than Broader Markets: What You Should KnowBusiness Insider2021-02-10 04:08:00 EDT

• Can Okta Keep The Momentum Going?LinkedIn2021-02-05 17:17:00 EDT

• DGCXX,TTD,MELI.SA,DOCU,AVLR,TDOC,BILL,SITE,FICO,OKTA | Stock Prices | ...Yahoo Finance2021-02-05 00:00:00 EDT

• Okta launches its new open-source design system with a focus on access...TechCrunch2021-02-04 14:02:00 EDT

• Cleanshelf integrates Okta’s provisioning capabilities into its platfo...Help Net Security2021-02-04 01:02:00 EDT

• Cleanshelf Combines SaaS Visibility and Access Management Into a Singl...Associated Press2021-02-03 08:17:00 EDT

• Verkada Releases API, Boosting Seamless Integration with Core Business...Associated Press2021-02-03 07:53:00 EDT

• Mobile Identity Software Market SWOT Analysis by Key Players : Okta, O...MarketWatch2021-02-02 12:35:00 EDT

• Okta to Announce Fourth Quarter and Fiscal Year 2021 Financial Results...Business Wire2021-02-01 21:05:00 EDT

• TWLO,VEEV,CTAS,OKTA,BIO,DOCU,CSGP,MPWR,PINS,EPAM | Stock Prices | Quot...Yahoo Finance2021-02-01 00:00:00 EDT

Click to expand the area.

Income Statements:

OKTA - Okta, Inc Income Statement

Unit: (milllion)	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2
Qtr Revenue	94.59	105.58	115.47	125.22	140.48	153.04	167.33	182.86	200.45	217.38	234.74	251.01
Rev Growth yoy	55.07 %	54.72 %	48.52 %	49.75 %	48.52 %	44.95 %	44.91 %	46.03 %	42.69 %	42.04 %	40.29 %	37.27 %
Cost of Revenue	28.23	29.70	31.39	35.09	38.78	40.82	44.68	48.49	51.15	56.91	61.14	66.12
Gross Profit	66.36	75.88	84.08	90.13	101.70	112.21	122.64	134.37	149.30	160.47	173.60	184.88
Gross Profit Mgn	70.16 %	71.87 %	72.82 %	71.97 %	72.39 %	73.32 %	73.3 %	73.48 %	74.48 %	73.82 %	73.95 %	73.66 %
Research and Development	24.83	27.60	30.03	34.03	40.05	41.83	43.36	48.49	53.87	58.15	62.32	68.86
Selling & Marketing Expense	59.00	56.91	62.55	82.11	78.39	87.22	92.64	104.04	98.32	109.81	115.17	146.52
General & Administrative Expense	20.95	19.85	19.24	25.77	26.89	28.89	31.35	34.03	42.50	44.48	50.71	60.18
Interest Expense	0.00	0.00	0.00	4.24	4.30	7.83	10.65	10.76	16.93	22.37	22.60	22.76
Operating Expense	104.79	104.36	111.82	141.91	145.32	157.94	167.35	186.57	194.69	212.45	228.20	275.56
Operating Income	-38.43	-28.48	-27.73	-51.78	-43.62	-45.73	-44.70	-52.20	-45.39	-51.98	-54.60	-90.68
Operating Mgn	-40.63 %	-26.97 %	-24.02 %	-41.35 %	-31.05 %	-29.88 %	-26.72 %	-28.55 %	-22.64 %	-23.91 %	-23.26 %	-36.13 %
Net Income	-39.21	-29.52	-30.81	-51.97	-42.98	-63.49	-50.47	-57.66	-60.10	-72.76	-75.81	-109.23
Net Income Mgn	-41.45 %	-27.96 %	-26.68 %	-41.5 %	-30.6 %	-41.49 %	-30.16 %	-31.53 %	-29.98 %	-33.47 %	-32.29 %	-43.52 %

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Cashflow Statements:

OKTA - Okta, Inc Cashflow Statement

Unit: (million)	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2
Operating Cashflows	-5.34	6.44	10.10	21.26	-1.13	10.64	24.84	38.70	10.93	43.43	34.91	56.08
Financing Cashflows	15.44	7.47	15.41	13.26	23.07	798.40	18.65	14.17	1047.08	5.21	25.14	16.18
Investing Cashflows	-28.73	-10.54	80.90	-125.61	-22.38	22.89	-562.94	50.60	-722.87	-595.62	-37.26	151.91
Total Capital Expenditures	5.99	5.07	6.08	8.08	11.67	1.39	6.78	8.93	4.07	1.83	2.54	3.38
Changes In Cash	-18.63	3.36	106.41	-46.17	-0.45	831.93	-519.45	506.55	335.14	-546.99	22.79	224.16
Free Cash flow	-11.33	1.37	4.02	13.18	-12.80	9.25	18.05	29.77	6.87	41.59	32.37	52.69

Generated by @earningsfly with love ❤️

Balance Sheets:

OKTA - Okta, Inc Balance Sheet

Unit: (milllion)	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2
Total Assets	763.92	796.71	984.31	998.54	1026.81	1870.78	1955.39	2037.01	3115.01	3170.28	3298.80	3430.45
Intangible Assets	34.10	33.09	31.99	75.99	82.68	81.79	80.53	79.06	78.05	76.95	75.03	72.21
Goodwill	18.09	18.10	18.10	47.96	47.96	47.96	48.02	48.02	48.02	48.00	48.02	48.02
Current Assets	633.38	658.11	708.12	676.93	697.02	1526.60	1599.72	1633.52	2706.93	2757.54	2878.57	3012.14
Current Cash	192.88	195.90	298.39	208.11	206.75	1039.63	520.05	619.22	957.23	409.77	434.61	659.89
Account Receivables	59.84	70.14	91.93	83.33	87.85	101.78	130.12	111.04	118.14	150.37	205.32	227.97
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	518.77	552.21	731.94	759.10	776.09	1472.38	1550.05	1623.91	2429.82	2489.63	2604.75	2747.67
Account Payables	12.58	12.09	2.43	4.35	3.49	4.92	3.84	8.02	4.73	5.11	8.56	9.54
Short Term Debt	263.76	0.00	271.63	275.65	279.74	99.23	100.70	102.20	43.58	35.13	908.68	20.78
Long Term Debt	263.76	267.67	271.63	275.65	279.74	927.46	937.71	948.06	1733.02	1744.91	1766.07	1772.11
Current Ratio	2.90	2.69	1.24	1.12	1.12	3.19	2.92	2.86	5.07	4.80	1.86	3.76
Debt Ratio	0.69	0.34	0.55	0.55	0.54	0.55	0.53	0.52	0.57	0.56	0.81	0.52
Debt/Equity Ratio	2.15	1.09	2.15	2.30	2.23	2.58	2.56	2.54	2.59	2.62	3.85	2.63

Generated by @earningsfly with ❤️

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 manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; ...

Website: http://www.okta.com

Founded: 2009

IPO date: 2017-04-07

CEO / Co-Founder: Todd McKinnon(2009~)
Sector: Technology
Industry: Software-Infrastructure
Full Time Employees: 3,056

Next Earnings Date: 2021-08-26

Keywords: okta

SAAS Information Technology Cybersecurity

Summary and stock analysis:

Return on equity score:
Return on assets score:
P/E ratio score:
P/B ratio score:
P/S ratio score:
Revenue growth score:

Basic Info:

Market Cap: 36.58B
Exchange: NASDAQ
Shares Float: 125,049,613
Shares Outstanding: 145,526,000
Revenue Per Employee: 295,671.14

Advanced Info:

ROE ttm: -58.02 %
ROA ttm: -5.39 %
Beta: 0.9652
EPS: -1.389
Debt Ratio ttm: 0.8
Debt / Equity Ratio ttm: 4.02
Payout Ratio ttm:

Cash Ratios:

Cash Ratio ttm: 0.82
Current Ratio ttm: 3.76
Quick Ratio ttm: 3.63

Key Ratios:

P/E trailing 12 month: -115.08
P/E forward: 5279.4
P/E trailing 12m high: -86.54
P/E trailing 12m low: -141.55
P/S trailing 12 month: 40.49
EV/S trailing 12 month: 38.86
P/B trailing 12 month: 52.57
PEG ratio: 276.06

Shorts:

Shares Short: 5,940,070
Shares Short Prev Month: 5,926,183
Days to Cover: 2.76
Short Percent Float: 4.75 %
Short Percent Outstanding: 4.00 %

Ownership:

Percent Insiders: 1.15 %
Percent Institutions: 84.10 %

Margins:

Gross Profit Margin ttm: 74.00 %
EBITDA Margin ttm: -16.00 %
Operating Margin ttm: -26.07 %
Net Income Margin ttm: -35.00 %

Target Prices:

Target Price High: 318 USD
Target Price Low: 235 USD
Target Price Mean: 276.19 USD
Number of Analysts: 21

Key Prices:

52 Week High: 294
52 Week Low: 179.75
50 Day Moving Average: 237.7423
200 Day Moving Average: 248.3798

Dividends:

Trailing Dividend yld:
Forward Dividend yld:
Payout Ratio:
Ex-Dividend date: None

Current Quarter Estimates:

Current Quarter EPS estimate: -0.36 ~ -0.11 (2021-07-31)
Current Quarter revenue estimate: 260.44M ~ 297.00M

As of: 2021-06-13

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Website Ranking Analysis:

OKTA - Okta, Inc World Website Ranking

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Google Trends Analysis:

OKTA - Okta, Inc Google 5-year Trends

Keyword: Okta

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Employees Analysis:

OKTA - Okta, Inc Employees Analysis

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Institution & Insiders Analysis:

OKTA - Okta, Inc Ownership Analysis

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Analyst Consensus:

OKTA - Okta, IncAnalyst Opinions

Target high: 318 USD

Target low: 235 USD

Average: 276.19 USD based on 21 analysts as of 2021-06-05

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Analyst Trends:

OKTA - Okta, Inc Analyst Trends

Target high: 318 USD

Target low: 235 USD

Average: 276.19 USD based on 21 analysts as of 2021-06-05

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Debt & Cash Analysis:

Short Analysis:

OKTA - Okta, Inc Shorts Analysis

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Margins and Revenue:

Income Statement Analysis:

OKTA - Okta, Inc Income Statement

Unit: (milllion)	2020Q3	2020Q4	2021Q1	2021Q2
Qtr Revenue	200.45	217.38	234.74	251.01
Rev Growth yoy	42.69 %	42.04 %	40.29 %	37.27 %
Cost of Revenue	51.15	56.91	61.14	66.12
Gross Profit	149.30	160.47	173.60	184.88
Gross Profit Mgn	74.48 %	73.82 %	73.95 %	73.66 %
Research and Development	53.87	58.15	62.32	68.86
Selling & Marketing Expense	98.32	109.81	115.17	146.52
General & Administrative Expense	42.50	44.48	50.71	60.18
Interest Expense	16.93	22.37	22.60	22.76
Operating Expense	194.69	212.45	228.20	275.56
Operating Income	-45.39	-51.98	-54.60	-90.68
Operating Mgn	-22.64 %	-23.91 %	-23.26 %	-36.13 %
Net Income	-60.10	-72.76	-75.81	-109.23
Net Income Mgn	-29.98 %	-33.47 %	-32.29 %	-43.52 %

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Earnings Estimate Analysis:

OKTA - Okta, Inc EPS Estimates

Current Qtr Estimate (dashed line): -0.34

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Cashflow Analysis:

OKTA - Okta, Inc Cashflow Statement

Unit: (million)	2020Q3	2020Q4	2021Q1	2021Q2
Operating Cashflows	10.93	43.43	34.91	56.08
Financing Cashflows	1047.08	5.21	25.14	16.18
Investing Cashflows	-722.87	-595.62	-37.26	151.91
Total Capital Expenditures	4.07	1.83	2.54	3.38
Changes In Cash	335.14	-546.99	22.79	224.16
Free Cash flow	6.87	41.59	32.37	52.69

Generated by @earningsfly with love ❤️

Revenue Growth & Peers Analysis:

P/E Ratio & Peers Analysis:

P/S Ratio & Peers Analysis:

Gross Profit Margin & Peers Analysis: