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As of close of business last night, Okta Inc’s stock clocked out at $106.63, down -1.98% from its previous closing price of $108.78. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 3.48 million shares were traded. OKTA stock price reached its highest trading level at $109.47 during the session, while it also had its lowest trading level at $105.4601.
Ratios:
To gain a deeper understanding of OKTA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on March 10, 2025, Reiterated its Market Perform rating but revised its target price to $130 from $105 previously.
On March 04, 2025, Mizuho Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $110 to $127.
DA Davidson Upgraded its Neutral to Buy on March 04, 2025, whereas the target price for the stock was revised from $90 to $125.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 05 ’25 when Kerrest Jacques Frederic sold 143,852 shares for $111.14 per share. The transaction valued at 15,988,350 led to the insider holds 0 shares of the business.
Kerrest Jacques Frederic sold 130,000 shares of OKTA for $13,650,000 on Mar 04 ’25. The Director now owns 0 shares after completing the transaction at $105.00 per share. On Mar 05 ’25, another insider, Kerrest Jacques Frederic, who serves as the Director of the company, sold 20,013 shares for $111.00 each. As a result, the insider received 2,221,466 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OKTA now has a Market Capitalization of 18511288320 and an Enterprise Value of 16974305280. As of this moment, Okta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1819.62, and their Forward P/E ratio for the next fiscal year is 30.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 293.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.09 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 6.504 whereas that against EBITDA is 678.972.
Stock Price History:
The Beta on a monthly basis for OKTA is 1.04, which has changed by 0.004995346 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, OKTA has reached a high of $116.96, while it has fallen to a 52-week low of $70.56. The 50-Day Moving Average of the stock is 14.27%, while the 200-Day Moving Average is calculated to be 23.88%.
Shares Statistics:
It appears that OKTA traded 3.25M shares on average per day over the past three months and 6445120 shares per day over the past ten days. A total of 165.65M shares are outstanding, with a floating share count of 164.33M. Insiders hold about 5.34% of the company’s shares, while institutions hold 81.25% stake in the company. Shares short for OKTA as of 1740700800 were 4419087 with a Short Ratio of 1.36, compared to 1738281600 on 4714920. Therefore, it implies a Short% of Shares Outstanding of 4419087 and a Short% of Float of 2.6800001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
