Okta Inc is primarily active in the technology industry, specifically in the field of identity and access management. With its cloud-based platform, Okta offers solutions for authentication, provisioning, and security across various industries, including finance, healthcare, retail, and manufacturing. By providing secure and seamless access to applications and data, Okta helps organizations efficiently manage user identities and protect sensitive information. Okta's expertise in identity management has made it a trusted partner for businesses looking to enhance their security posture and improve user experiences.

Some of the main competitors of Okta Inc in the market include Microsoft Corporation with its Azure Active Directory, Ping Identity Holding Corp with its Ping Identity platform, and OneLogin Inc with its cloud-based identity solution. Other competitors in the identity and access management space include ForgeRock, SailPoint Technologies Holdings Inc, and IBM Corporation with its IBM Security Identity and Access Management offerings.

Okta Inc is a renowned software company specializing in identity and access management solutions. Established in 2009, Okta has made significant strides in the industry, providing organizations with secure and seamless access to technology resources. The company's robust platform enables businesses to manage user authentication, credentials, and permissions across various applications and services. With a strong focus on cloud-based solutions, Okta has steadily expanded its customer base, catering to organizations of all sizes and industries. Today, Okta continues to innovate and adapt to evolving digital landscapes, empowering enterprises to maintain enhanced security measures while facilitating seamless user experiences.

Okta Inc has achieved significant milestones since its inception. The company successfully went public in 2017, listing on the NASDAQ stock exchange under the ticker symbol OKTA. In the subsequent years, Okta has experienced remarkable growth, with its customer base expanding rapidly. They have also formed strategic partnerships with leading technology companies and consistently released innovative products and features to meet the evolving needs of the market. Okta's dedication to providing secure and seamless identity management solutions has earned them widespread recognition, including being named a leader in the 2021 Gartner Magic Quadrant for Access Management. These achievements solidify Okta Inc's position as a key player in the rapidly growing identity and access management sector.

Okta Inc is primarily present in countries and regions across the globe. With a strong focus on the IT industry, Okta has a significant presence in the United States, where it is based. Additionally, Okta has expanded its operations and serves customers in various other countries and regions, including but not limited to Canada, Europe, Asia Pacific, and Latin America. By establishing its footprint globally, Okta Inc aims to provide secure identity and access management solutions to organizations worldwide.

Okta Inc represents values of trust, innovation, and security in the corporate world. As a leading identity management company, Okta is committed to providing a reliable and secure platform for businesses to manage and protect their digital identities. With a focus on customer success and collaboration, Okta fosters a culture of constant innovation, empowering organizations to embrace new technologies and achieve their digital transformation goals. By enabling seamless and secure access to applications and data, Okta strives to ensure that businesses can operate efficiently and securely in today's interconnected world.

Analysts currently set an average price target of 114.76 USD for the Okta stock (median: 117.30 USD), implying -19.1 % versus the latest price. The consensus is based on 51 analyst ratings.

Okta Analyst Price Targets 2026

51 analysts currently rate the Okta stock: 35 recommend buying, 14 holding and 2 selling.

Okta Analyst Price Targets 2026

Converted at the current exchange rate, the Okta share trades at 123.00 EUR (141.93 USD).

The Okta share (OKTA) is listed on 7 stock exchanges, including: NASDAQ (OKTA), Frankfurt (0OK.F), München (0OK.MU), Düsseldorf (0OK.DU), London (0KB7.L), London (0KB7.L), SIX (Zürich) (0OK.SW).

Okta Inc. is a leading company in the identity and access management industry. It offers its customers secure and convenient access to applications and data from any device and location through its cloud-based Identity-as-a-Service product. Okta's goal is to help businesses successfully complete their digital transformation by providing fast and easy identity and access management. Okta's business model consists of three business areas: Identity Cloud, Platform, and Solutions. Each business area offers specialized features and products to cover all aspects of identity and access management. Identity Cloud is Okta's flagship product, offering secure, scalable, and user-friendly multi-factor authentication, single sign-on (SSO), identity and access rights management, and mobile device management. It allows end users to easily sign in to all the applications and services they need while reducing the risk of security breaches and privacy violations. The Okta Platform is an integration aggregation solution that provides developers with powerful identity and access management. It has robust APIs and SDKs that developers can use to directly integrate identity and access management into their applications and services. Okta Solutions is a suite of pre-configured solutions specifically tailored to the requirements of industries and functions. It is designed to shorten implementation time, reduce error-proneness, and minimize the risk of security breaches. This includes industry-focused solutions such as healthcare and financial services, as well as special features like Adaptive MFA and Advanced Server Access. Okta also offers its customers a wide range of integrations, allowing them to seamlessly integrate their identity and access solution into their existing systems and applications. Leading integrations include Microsoft Office 365, Salesforce, Workday, and Box. Overall, Okta provides its customers with comprehensive identity and access management based on a modern, cloud-based architecture. It enables companies to innovate faster, operate more cost-effectively, and ensure a higher level of security and compliance. To boost its business, Okta has pursued an aggressive acquisition strategy in recent years. Key acquisitions include Auth0, Azuqua, ScaleFT, and Stormpath. These acquisitions have expanded Okta's product portfolio and enabled the company to meet a wider range of customer needs. As a leading company in the field of identity and access management, Okta Inc.'s offerings have focused on secure and convenient access management. Through its cloud-based Identity-as-a-Service product, it provides its customers with fast and easy access to applications and data from any device and location. With three business areas, they cover all aspects of identity and access management. Okta aims to support businesses in successfully completing their digital transformation and offers its customers comprehensive identity and access management through modern cloud-based architecture. With its aggressive acquisition strategy, Okta will continue to remain innovative and enable the company to meet a broader range of customer needs.

The revenue of Okta is 2.92 B USD. This figure is based on current financial data and reflects the company's business performance.

The profit of Okta is 235.00 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Okta is currently 107.32. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Okta stock.

The price-to-sales ratio (P/S) of Okta is currently 8.64. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Okta stock.

The Eulerpool Quality Score for Okta is 6/10.

The ISIN of Okta is US6792951054. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Okta is A2DNKR. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Okta is OKTA. The ticker symbol is used to trade Okta shares on the stock exchange.

Okta paid dividends every year for the past 0 years.

Okta is assigned to the 'Information technology' sector.

The dividends of Okta are distributed in USD.