Okta, Inc. (OKTA) fair value analysis
Nasdaq · Updated 2026-10-19
OKTA price how computed
Forward Fair Value verdict
OvervaluedOKTA is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $187.26
- Sector
- Technology
- 12-month range
- $62.93–$232.13
- Market cap
- $31.3B
- From 52-week high
- -19.3%
- Shares outstanding
- 167M
- Rank in Technology by discount to fair value
- #139 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
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.
OKTA currently ranks #139 of 181 Technology stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $31.3B
- P/E (trailing)
- 69x
- Revenue (TTM)
- $3.07B
- Net margin
- 9.6%
- EPS (TTM)
- $2.71
- Gross margin
- 79.6%
- Debt / equity
- 0.01
- Revenue growth (3-yr avg)
- 12.6%
- Shares outstanding
- 167M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 42 · neutral
- 50-day average
- $179.90
- 200-day average
- $118.52
- Moving-average state
- 50-day above 200-day (golden cross state); price above both averages
Earnings how computed
- Next earnings report
- 2026-12-01
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-07 ▲ beat (+31.8%)
2026-04 ▲ beat (+32.3%)
2026-01 ▲ beat (+5.9%)
2025-10 ▲ beat (+7.9%)
2025-07 ▲ beat (+7.1%)
2025-04 ▲ beat (+11.7%)
2025-01 ▲ beat (+5.9%)
2024-10 ▲ beat (+15.5%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 34 buy · 10 hold · 0 sell (44 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $213
- Target vs last price
- +13.7%
What our data shows for OKTA
- Our model validated 13 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 $62.93–$232.13.
- The 14-day relative strength index sits at a neutral 42.
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
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent OKTA news
TickrTrends' derived news-sentiment signal for OKTA is currently leaning positive, computed from recent coverage.
- Is Okta Inc (OKTA) Overvalued After 7.5% Rally? GF Value Says Overvalued (gurufocus.com, 2026-10-21)
TickrTrends take: Okta's recent stock price increase aligns with TickrTrends' assessment that the company is currently overvalued within the Technology sector. Valuation-focused investors monitoring this stock should pay attention to whether the company's fundamental growth metrics and earnings trajectory can justify its current market price, or if the stock faces pressure to correct downward. The divergence between price movement and underlying business performance is a key metric to watch for investors concerned about downside risk in this position. - Okta (OKTA): Does the AI-Identity Turnaround Make It a Stronger S&P 500 Contestant? (insidermonkey.com, 2026-10-20)
TickrTrends take: Okta operates in the Technology sector where valuations have compressed significantly from pandemic peaks, creating a backdrop where turnaround narratives require careful scrutiny against current pricing. TickrTrends' current derived verdict rates OKTA as overvalued, suggesting that any operational improvements from AI-identity initiatives may already be reflected in the stock price or that the market is pricing in optimistic outcomes not yet delivered. Investors should monitor whether Okta's execution on its strategic initiatives can justify its current valuation relative to earnings growth and free cash flow generation before treating positive product developments as a buying signal. - Investors Heavily Search Okta, Inc. (OKTA): Here is What You Need to Know (zacks.com, 2026-10-19)
TickrTrends take: Okta trades at a valuation that TickrTrends currently assesses as overvalued, suggesting the market price may not align with fundamental value metrics for this Technology sector company. The increased investor search activity reflects heightened attention to the stock, though elevated valuations can present risk for investors focused on value-oriented entry points. Prospective investors should monitor whether the company's financial performance and growth trajectory justify its current market valuation or if a repricing may occur.
More OKTA news
- Okta (OKTA) Shares Drop 10.20% Amid Five-Day Losing Streak (gurufocus.com, 2026-10-16)
- Okta Inc (OKTA) Shares Fall 10.2% -- GF Value Says Still Overvalued (gurufocus.com, 2026-10-16)
- OKTA Maintained by Citigroup -- Price Target Raised to $215 (gurufocus.com, 2026-10-15)
- Okta Inc (OKTA) Shares Fall 6.5% -- GF Value Says Still Overvalued (gurufocus.com, 2026-10-14)
- Is Okta (OKTA) the Hidden AI Play in Enterprise Software? (insidermonkey.com, 2026-10-08)
- What's behind an 'explosion of buying' Tuesday, including the rally in GE Vernova (cnbc.com, 2026-10-06)
- Okta: Don't Pay 54x Adjusted Earnings For An Unproven Opportunity (NASDAQ:OKTA) (seekingalpha.com, 2026-10-06)
What people are saying
Follow the OKTA conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — OKTA's technical positioning shifted this week as its Relative Strength Index moved from overbought territory into neutral range, suggesting reduced momentum. The company's sector discount ranking improved to #177 from #184, indicating it is trading at a slightly smaller premium relative to other technology sector peers, though the current valuation verdict remains overvalued.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — OKTA's technical positioning shifted this week as its Relative Strength Index moved from neutral territory into overbought levels, suggesting increased upward momentum in the stock. Simultaneously, the company's sector discount ranking declined from number 179 to number 185 among technology stocks, indicating it has become relatively less attractive on a valuation basis within its peer group. With a current valuation verdict of overvalued, these movements reflect growing price strength alongside deteriorating value metrics.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — OKTA's sector discount rank declined from 165 to 175 this week, indicating it has moved further down in the Technology sector's valuation rankings. With a current valuation verdict of Overvalued, the stock's relative positioning within its sector has weakened as it ranks lower among peers for discount potential.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is OKTA stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), OKTA is trading at more than a 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 #139 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is OKTA overbought or oversold?
OKTA's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does OKTA report earnings next?
OKTA's next earnings report is scheduled for 2026-12-01, per the published earnings calendar.
Does OKTA usually beat earnings estimates?
Over its last 8 reported quarters OKTA beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about OKTA?
Of 44 analysts covering OKTA, 34 rate it a buy, 10 a hold and 0 a sell - buy-leaning, with a consensus price target of $213 (+13.7% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
More in Technology
Head-to-head comparisons
OKTA vs ACLS · OKTA vs AMAT · OKTA vs BAND · OKTA vs DGII · OKTA vs FLEX