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
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%).
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