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Added to YB: 2025-09-01

Pitch date: 2025-08-28

OKTA [neutral]

Okta, Inc.

-12.99%

current return

Author Info

No bio for this author

Company Info

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record.

Market Cap

$14.0B

Pitch Price

$92.59

Price Target

N/A

Dividend

N/A

EV/EBITDA

42.95

P/E

60.35

EV/Sales

4.08

Sector

IT Services

Category

growth

Show full summary:
OKTA Q2 2026 Highlights

OKTA (earnings update): Cloud IAM leader beats Q2 with $728M revenue (+13% YoY) vs $711.8M est, $0.91 EPS vs $0.84 est. Historic GAAP operating profit $41M vs -$19M prior year. Non-GAAP op margin expanded to 28% from 23%. FCF +108% YoY to $162M. Raised FY guidance. $4.15B RPO (+18%).

Read full article (4 min)