Okta, Inc. Share Price and Company Fundamentals



Price
$247.38
Change
4.810 (1.983%)
52 week
185.048 - 294.0

Last traded: Yesterday at 8:00 PM

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; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition, the company offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Key Metrics

PE ratio

-

PB ratio

48.03

Dividend yield

Beta

0.97

Market cap

$37.86B

Enterprise value

$31.44B

Company profile

Industry / SectorSoftware—Infrastructure / Technology
Full time employees3056
Websitehttp://www.okta.com
Mailing address100 First Street Suite 600 San Francisco CA 94105 United States
Phone / Fax888 722 7871 /

Dividends

Okta, Inc. does not pay dividends.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Okta, Inc..

NameTitleAgeTotal Pay
Mr. Todd McKinnonCo-Founder, Chairman & CEO48508.65k
Mr. Jacques Frederic KerrestCo-Founder, Exec. Vice Chairperson & COO42832.13k
Mr. Jonathan T. RunyanGen. Counsel & Sec.43501.15k
Mr. William E. LoschAdvisor59565.44k
Mr. Michael R. KoureyAdvisor6046.63k
Mr. Charles RaceExec. Officer48699.84k
Mr. Brett TigheInterim CFO, Sr. VP of Fin. & Treasurer40
Mr. Christopher K. KramerChief Accounting Officer49
Mr. Sagnik NandyPres of Technology & CTO
Ms. Alvina AntarSr. VP & Chief Information Officer

Profitability and management effectiveness

Profit margin

-35.18%

Operating margin

-26.07%

Return on assets

-5.39%

Return on equity

-58.02%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Okta, Inc. is 37.86B and its enterprise value is 31.44B. The enterprise value to revenue ratio of OKTA is 34.79.

The OKTA's stocks Beta value is 0.97 making it 3% less volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Okta, Inc. (NASDAQ:OKTA) Frequently Asked Questions

1. What is Okta, Inc.'s Stock Symbol?

Okta, Inc. trades on NASDAQ under the ticker symbol "OKTA".

2. What is Okta, Inc.'s stock price today?

One share of OKTA stock can currently be purchased for approximately $247.38.

3. How can I contact Okta, Inc.?

Okta, Inc.'s mailing address is 100 First Street Suite 600 San Francisco CA 94105 United States. The company can be reached via phone at 888 722 7871.

4. What is Okta, Inc.'s official website?

The official website of Okta, Inc. is http://www.okta.com.