
A steady large-cap growth-at-a-reasonable-price pick trading near fair value.
Mkt Cap
$13.79B
P/E
—
PEG
0.90
P/B
1.99
Dividend
—
ROE
3.5%
About the business
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. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
Who would buy OKTA?
Consensus 26/100 · Mixed · Investors are split.
Endorses
· 2 frameworksPEG < 1 (growth at a discount) 0.90× clears "< 1.00×".
Payout Ratio < 70% 0.0% clears "< 70.0%".
Rejects
· 3 frameworksBuying is limited to a single filer (SCHELLHASE DAVID R, $267K). Single-insider buys are worth noting but carry less weight than broad-based conviction — they can reflect an outlier view rather than a shared read inside the C-suite. Over the 6M window, insiders are net buyers by 598,123 shares.
In Prism's context
Insider activity is inconclusive here. The stock's case should lean on the framework verdict (Fails criteria, score 26/100) and the archetype read (Growth at a Reasonable Price).
| Insider | Role | Type | Date | Shares | Avg price | Value | Own |
|---|---|---|---|---|---|---|---|
| SCHWARTZ LARISSA NICOLE | Officer | Open-market sell | May 7, 2026 | 6,377 | $77.55 | $495K | Direct |
| SCHELLHASE DAVID R | Director | Open-market buy | Apr 16, 2026 | 3,712 | $72.04 | $267K | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Open-market sell | Apr 7, 2026 | 6,377 | $79.75 | $509K | Direct |
| KELLEHER ERIC ROBERT | President | Open-market sell | Apr 1, 2026 | 2,409 | $80.00 | $193K | Direct |
| KELLEHER ERIC ROBERT | President | Transaction | Apr 1, 2026 | 2,409 | — | — | Direct |
| ADDISON JONATHAN JAMES | Officer | Open-market sell | Mar 25, 2026 | 23,304 | $77.79 | $1.81M | Direct |
| MCKINNON TODD | Chief Executive Officer | Open-market sell | Mar 23, 2026 | 11,263 | $81.01 | $912K | Direct |
| KELLEHER ERIC ROBERT | President | Open-market sell | Mar 19, 2026 | 16,818 | $80.00 | $1.35M | Direct |
| MCKINNON TODD | Chief Executive Officer | Transaction | Mar 13, 2026 | 22,934 | — | — | Direct |
| KERREST JACQUES FREDERIC | Director | Transaction | Mar 13, 2026 | 843 | — | — | Direct |
| TIGHE BRETT | Chief Financial Officer | Transaction | Mar 13, 2026 | 18,272 | — | — | Direct |
| NINAN SHIBU | Officer | Transaction | Mar 13, 2026 | 4,072 | — | — | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Transaction | Mar 13, 2026 | 9,572 | — | — | Direct |
| ADDISON JONATHAN JAMES | Officer | Transaction | Mar 13, 2026 | 12,291 | — | — | Direct |
| KELLEHER ERIC ROBERT | President | Transaction | Mar 13, 2026 | 21,263 | — | — | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Open-market sell | Mar 10, 2026 | 1,836 | $79.89 | $147K | Direct |
| MCKINNON TODD | Chief Executive Officer | Award / grant | Feb 25, 2026 | 193,860 | $0.00 | $0 | Direct |
| TIGHE BRETT | Chief Financial Officer | Award / grant | Feb 25, 2026 | 64,798 | $0.00 | $0 | Direct |
| NINAN SHIBU | Officer | Award / grant | Feb 25, 2026 | 8,390 | $0.00 | $0 | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Award / grant | Feb 25, 2026 | 44,930 | $0.00 | $0 | Direct |
| ADDISON JONATHAN JAMES | Officer | Award / grant | Feb 25, 2026 | 18,129 | $0.00 | $0 | Direct |
| KELLEHER ERIC ROBERT | President | Award / grant | Feb 25, 2026 | 21,119 | $0.00 | $0 | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Open-market sell | Feb 6, 2026 | 1,836 | $83.47 | $153K | Direct |
| TIGHE BRETT | Chief Financial Officer | Open-market sell | Jan 13, 2026 | 10,000 | $95.07 | $951K | Direct |
| NINAN SHIBU | Officer | Open-market sell | Jan 13, 2026 | 1,052 | $95.00 | $100K | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Open-market sell | Jan 7, 2026 | 1,899 | $90.74 | $172K | Direct |
| KELLEHER ERIC ROBERT | President | Open-market sell | Jan 2, 2026 | 2,409 | $84.40 | $203K | Direct |
| KELLEHER ERIC ROBERT | President | Transaction | Jan 2, 2026 | 2,409 | — | — | Direct |
| MCKINNON TODD | Chief Executive Officer | Open-market sell | Dec 22, 2025 | 11,286 | $90.96 | $1.03M | Direct |
| KELLEHER ERIC ROBERT | President | Open-market sell | Dec 22, 2025 | 8,497 | $90.20 | $766K | Direct |
| MCKINNON TODD | Chief Executive Officer | Transaction | Dec 15, 2025 | 22,932 | — | — | Direct |
| KERREST JACQUES FREDERIC | Director | Transaction | Dec 15, 2025 | 842 | — | — | Direct |
| TIGHE BRETT | Chief Financial Officer | Transaction | Dec 15, 2025 | 18,271 | — | — | Direct |
| NINAN SHIBU | Officer | Transaction | Dec 15, 2025 | 4,072 | — | — | Direct |
| SCHWARTZ LARISSA NICOLE | Officer | Transaction | Dec 15, 2025 | 9,885 | — | — | Direct |
| ADDISON JONATHAN JAMES | Officer | Transaction | Dec 15, 2025 | 13,357 | — | — | Direct |
| KELLEHER ERIC ROBERT | President | Transaction | Dec 15, 2025 | 21,260 | — | — | Direct |
| KERREST JACQUES FREDERIC | Director | Stock Gift at price 0.00 per share. | Dec 10, 2025 | 83,000 | $0.00 | $0 | Indirect |
| KERREST JACQUES FREDERIC | Director | Transaction | Dec 8, 2025 | 83,500 | — | — | Indirect |
| SCHWARTZ LARISSA NICOLE | Officer | Open-market sell | Dec 5, 2025 | 1,318 | $85.71 | $113K | Direct |
Insider activity from Yahoo Finance (quoteSummary: insiderTransactions + netSharePurchaseActivity). Cached 6 hours. · Insiders hold 0.6% of shares outstanding.
Net 6M: +598,123 sh
Price history
Drag across the chart to select a custom period — all analysis below refocuses to that window.
What this means: A notable drawdown — worth re-reading the framework verdicts below with the cheaper price in mind.
Add Okta, Inc. at a hypothetical weight and Prism recalculates your whole book:
Sharpe, Sortino, volatility, max drawdown, beta — before and after.
How much this shifts your top sector weight and overall diversification.
Whether this leans your book more toward Quality, Value, Growth, Deep Value, Income, or Momentum.
Portfolio analytics are part of the member experience.
Sign in to run this simulationOKTA: 54% estimated probability of outperforming over the next 12M window. 1 of 6 signal families mixed (medium confidence). Strongest support: D/E 0.06. Main risk to monitor: 32% above fair value.
Probabilistic research output, not financial advice. Prism recommendations are based on available data, historical relationships, and model assumptions. They do not guarantee future returns. Conduct independent due diligence before any investment decision.
Backtested and similar-setup statistics may be affected by survivorship bias, look-ahead bias, overfitting, transaction costs, liquidity constraints, and data limitations. Probability estimates are anchored heuristics — not validated forecasts — until the walk-forward backtest pipeline is in place.
P/B 1.99× · FCF yield 6.1%
32% above fair value
Indicative only. Probabilities are model-implied weights for stress-testing — not forecasts.
A turnaround takes hold: margin recovers toward peer averages, revenue stabilises, and the market re-prices the asset value rather than the running earnings.
No deterioration, no surprise re-acceleration. 7% operating margin and 12% top-line growth chug along; the multiple slowly converges to the central fair-value estimate.
Sector: Technology. MENA-aware investors can sanity-check whether the US name is offering value relative to regional peers.
| Metric | OKTA | GCC median | MENA median | Global ex-US |
|---|---|---|---|---|
| P/E (TTM) | — | 22.0× | — | 23.0× |
| P/B | 1.99× | 4.00× | — | 4.50× |
| Dividend yield | — | 1.00% | — | 1.40% |
| ROE | 3.5% |
Reported EPS $0.90 vs $0.85 expected — a routine beat. Read the rest of the print (guidance, margins, segment mix) before assuming the multiple should expand. Trailing operating margin: 6.6%.
A routine beat with stable margins is the textbook compounder pattern — nothing changes in the thesis.
Whether the beat matters depends on entry multiple. P/E — sets the bar.
Positive but unremarkable — guidance and KPI commentary will move the stock more than the beat itself.
Next earnings
Thu, May 28 · consensus EPS $0.85 · last actual $0.90
P/E Ratio (TTM)
N/A
PEG Ratio
0.90
P/B Ratio
1.99
EPS Growth
170.8%
Revenue Growth
11.6%
Debt / Equity
0.06
Net Cash / Share
$12.54
Return on Equity
3.5%
Gross Margin
77.4%
Operating Margin
6.6%
FCF / Share
$4.99
Current Ratio
1.43
ROE > 20% is 3.5% — fails "> 20.0%".
P/B < 1.0 (below book) is 1.99× — fails "< 1.00×".
Revenue Growth > 15% is 11.6% — fails "> 15.0%".
Trades meaningfully above the fair-value range — limited margin of safety.
Quality is mixed — some strengths, some softness.
Capital structure is conservative and well-covered.
Price trend is unremarkable — neither tailwind nor headwind.
Behavioural read is mixed — some accumulation, some distribution.
Mixed catalyst picture.
Among 100 historical setups with similar Prism Score and signal-agreement profiles, 52% beat the benchmark over the next 12 months, with average excess return of +1.4% / yr.
ROE 4% · Op margin 7%
D/E 0.06 · CR 1.43
1 insider buying
No tracked superinvestor holds it
Buyback runway via FCF
25% through 52w range
EPS 171% · Rev 12%
Already-thin margins compress further on input-cost or pricing pressure; revenue softens; the market questions whether the current earnings power is structural or one-off. Multi-year drawdown plausible.
| — |
| 16.0% |
Institutional Own.
95.7%
Insider Own.
0.6%
Dividend Yield
N/A
Book Value / Share
$39.46