Okta, Inc. (OKTA) fair value analysis

Nasdaq · Updated 2026-09-07

Okta, Inc. is a software company that provides identity and access management solutions, enabling organizations to securely connect their employees, customers, and partners to applications and data. The company serves customers across the United States and internationally through its cloud-based platform.

Forward Fair Value verdict

Overvalued

Based on TickrTrends' weekly Forward Fair Value model, OKTA is trading at a 10–25% premium to estimated fair value.

OKTA currently ranks #147 of 199 Technology stocks by discount to Forward Fair Value. It has screened as Overvalued for 3 consecutive weekly runs.

Last price: $141.57
Sector: Technology
12-month range: $73.97–$141.57

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: A
Leverage: Low
Margin trend: Expanding
Revenue growth: Strong
RSI zone: Neutral
50/200-day trend: Mixed
52-week position: The top quarter of its range
DCF cross-check: Overvalued

What our data shows for OKTA

Our model validated 12 trailing price-to-earnings windows for OKTA, built from quarterly earnings records.
Shares are trading in the upper third of their 12-month price range of $73.97–$141.57.
The 14-day relative strength index sits at a neutral 61.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for OKTA
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent OKTA news

TickrTrends' derived news-sentiment signal for OKTA is currently leaning positive, computed from recent coverage.

Okta Jumps 20% as AI-Driven Security Fears Fuel a Beat-and-Raise Quarter (finance.yahoo.com, 2026-09-06)
TickrTrends take: Okta's 20% stock price jump following its beat-and-raise quarter reflects strong operational performance in AI-driven security demand, yet TickrTrends currently assesses the stock as overvalued within the Technology sector. A valuation-focused reader should monitor whether the company's earnings growth trajectory and margin expansion can sustain this elevated stock price or whether it will face valuation compression as the market digests the results. The gap between recent market enthusiasm and the overvalued designation suggests investors should evaluate whether current pricing fully reflects the competitive dynamics and profitability challenges in the security software market.
Okta Stock: AI Agents Strengthen My Thesis, But Valuation Is Catching Up (NASDAQ:OKTA) (seekingalpha.com, 2026-09-04)
TickrTrends take: Okta trades at a valuation that TickrTrends currently classifies as overvalued, suggesting that recent optimism around AI agents may already be reflected in the stock price. A valuation-focused investor should monitor whether the company can demonstrate that AI-driven capabilities translate into measurable revenue growth and margin expansion sufficient to justify its current market valuation. Given the technology sector's sensitivity to valuation multiples, any signs that Okta's growth rate is decelerating relative to its valuation multiple would be particularly relevant to track.
Okta Inc (OKTA) Stock Up 4.5% but GF Value Says Overvalued -- GF Score: 71/100 (gurufocus.com, 2026-09-03)
TickrTrends take: Okta's recent price movement contrasts with TickrTrends' assessment that the stock trades above its intrinsic value in the Technology sector. A GF Score of 71 out of 100 indicates moderate quality fundamentals, yet the overvalued designation suggests investors are pricing in expectations that may not align with current business performance. Valuation-conscious investors should monitor whether upcoming earnings or guidance changes narrow the gap between market price and underlying business worth.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — # OKTA Weekly Indicator Summary TickrTrends' derived indicators for OKTA show a shift this week as the 50/200-day trend state changed from uptrend to mixed, reflecting reduced momentum in the technology sector stock. The current valuation verdict remains overvalued based on the analysis framework. This transition to a mixed trend state suggests the stock's intermediate-term directional bias has weakened from its previous upward trajectory.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is OKTA stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), OKTA is trading at a 10–25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.

What is OKTA's TickrTrends verdict?

OKTA's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.

How does OKTA compare to other Technology stocks?

OKTA ranks #147 of 199 Technology stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is OKTA overbought or oversold?

OKTA's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Technology fair-value coverage →

Head-to-head comparisons

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