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OKTA - Okta Inc
$65.08
-2.35(-3.49%)9:00:00 PM 12/2/2022
Okta, Inc. is a publicly traded identity and access management company based in San Francisco. It provides cloud software that helps companies manage and secure user authentication into modern applications, and for developers to build identity controls into applications, website web services and devices. It was founded in 2009 and had its initial public offering in 2017, being valued at over $6 billion. Okta sells six services, including a single sign-on solution[buzzword] that allows users to log into a variety of systems using one centralized process. For example, the company claims the ability to log into Gmail, Workday, Salesforce and Slack with one login. It also offers API authentication services.
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Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Summary:

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Stock Statistics
MarketCap9.9B
PE Ratio-11.1
PEG Ratio12739.0
P/B46.5
P/S (ttm)40.5
Earning Growth (QoQ)
Revenue Growth (QoQ)
Short %4%
Held by Institutions %84%
1 Day Vol Adjusted Return-0.5
1 Month Vol Adjusted Return3.7
3 Month Vol Adjusted Return0.1
6 Month Vol Adjusted Return-6.0
20 Days SMA Price ZScore2.5
50 Days SMA Price ZScore2.7
12 -26 Days PPO2.6
1 Month Average Short Volume Ratio40.6
1 Day Volume Change ZScore0.2
1 Month Daily Vol7.6
Related Topics

Stock news

    12/2/2022OKTA
    Okta and Atlassian added to ‘zombie’ stocks list by equity research firm New Constructs

    Okta (OKTA) and Atlassian (TEAM) are facing significant cash burn, according to New Constructs, which uses machine learning and natural language processing to parse corporate filings and model economic earnings. “Companies with fast-depleting cash reserves are risky investments in any market,” wrote New Constructs CEO David Trainer in a recent note, adding that rising interest rates and a slowing economy are adding fuel to the fire.

    12/2/2022OKTA
    Why Okta Stock Was Up Big This Week

    Okta (NASDAQ: OKTA) investors had a great week. The cybersecurity specialist's shares jumped 35% through Thursday trading, according to data provided by S&P Global Market Intelligence. Okta announced late Wednesday that Q3 sales rose 37% to $481 million.

    12/2/2022OKTA
    Is Okta, Inc. (NASDAQ:OKTA) Trading At A 35% Discount?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Okta, Inc...

    12/2/2022OKTA
    Earnings show cloud and security software are not immune to the economic downturn

    Cloud-computing companies have shown that they are not recession-proof, with many reporting either disappointing earnings or a weaker outlook in the past few days as quarterly earnings season nears its conclusion.

    12/1/2022OKTA
    Salesforce, G-III, Lands’ End, Okta, and More Market Movers

    Shares of Salesforce fall on weaker-than-expected revenue forecasts, while Okta surges after raising its sales outlook.

    12/1/2022OKTA
    Okta stock surges more than 25% as analysts approve of company’s profit heading

    Analysts praised the identity software company for heading in the right direction after it promised a profitable fiscal 2024 following a turbulent year.

    12/1/2022OKTA
    Okta Stock Can Move In Positive Direction Despite Challenges, Analysts Say

    Needham analyst Alex Henderson maintained a Hold on Okta, Inc (NASDAQ: OKTA) Okta's shares rallied after the close on a solid 3Q print and 4Q guide. However, the company also called out a material weakening of conditions, particularly in SMBs, and new customers in the pipeline. Okta noted a material erosion in conditions over the last quarter and called its guide "careful." Okta is also sharply slowing hiring to provide operating leverage in FY24. Okta hopes to drive Sales productivity gains in

    12/1/2022OKTA
    Okta, Splunk Shares Jump Despite Signs of Softening Demand

    Business software providers Okta and Splunk each said they see softening demand amid the current economic environment. But, those comments aren’t stopping their stocks from jumping following the companies’ quarterly updates. Okta shares are on pace for their largest percentage gain ever, up 25% Thursday, after the company reported better-than-expected sales for the third quarter. + “We are seeing signs that the environment has further weakened since we spoke last quarter,” Okta Chief Financial O

    12/1/2022OKTA
    Why Okta Stock Was Soaring Today

    Shares of Okta (NASDAQ: OKTA) were surging today after the cloud identity software company easily beat estimates in its third-quarter earnings report last night, and posted fourth-quarter guidance that was much better than expected. Okta, which helps businesses ensure that users can securely and seamlessy connect to the apps they need, limped into the third-quarter earnings report after the stock was slammed in the previous report when management acknowledged challenges integrating the sales fo...

    12/1/2022OKTA
    OKTA Posts Breakeven Q3 Earnings, Revenues Beat Estimates

    Okta's (OKTA) third-quarter fiscal 2023 results benefit from customer additions and growing international momentum driven by increasing adoption of its solutions.