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OKTA logo

OKTA

Okta, Inc.
TechnologySoftware - InfrastructureGrowth at a Reasonable Price
$78.65 · 15min delay
β 0.59

A steady large-cap growth-at-a-reasonable-price pick trading near fair value.

Download report

52-wk low $62.6652-wk high $127.57

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.

2 9 4

Endorses

· 2 frameworks
  • Peter Lynch· Lynch GARP88/100

    PEG < 1 (growth at a discount) 0.90× clears "< 1.00×".

  • Dividend Growth School· Dividend Income80/100

    Payout Ratio < 70% 0.0% clears "< 70.0%".

Rejects

· 3 frameworks
  • Joel Greenblatt
Insider activity · Mixed

Open-market buying concentrated in one insider

Strength 35/100

Buying 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.

  • Buying concentrated in one filer — lower conviction signal.

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).

InsiderRoleTypeDateSharesAvg priceValueOwn
SCHWARTZ LARISSA NICOLEOfficerOpen-market sellMay 7, 20266,377$77.55$495KDirect
SCHELLHASE DAVID RDirectorOpen-market buyApr 16, 20263,712$72.04$267KDirect
SCHWARTZ LARISSA NICOLEOfficerOpen-market sellApr 7, 20266,377$79.75$509KDirect
KELLEHER ERIC ROBERTPresidentOpen-market sellApr 1, 20262,409$80.00$193KDirect
KELLEHER ERIC ROBERTPresidentTransactionApr 1, 20262,409——Direct
ADDISON JONATHAN JAMESOfficerOpen-market sellMar 25, 202623,304$77.79$1.81MDirect
MCKINNON TODDChief Executive OfficerOpen-market sellMar 23, 202611,263$81.01$912KDirect
KELLEHER ERIC ROBERTPresidentOpen-market sellMar 19, 202616,818$80.00$1.35MDirect
MCKINNON TODDChief Executive OfficerTransactionMar 13, 202622,934——Direct
KERREST JACQUES FREDERICDirectorTransactionMar 13, 2026843——Direct
TIGHE BRETTChief Financial OfficerTransactionMar 13, 202618,272——Direct
NINAN SHIBUOfficerTransactionMar 13, 20264,072——Direct
SCHWARTZ LARISSA NICOLEOfficerTransactionMar 13, 20269,572——Direct
ADDISON JONATHAN JAMESOfficerTransactionMar 13, 202612,291——Direct
KELLEHER ERIC ROBERTPresidentTransactionMar 13, 202621,263——Direct
SCHWARTZ LARISSA NICOLEOfficerOpen-market sellMar 10, 20261,836$79.89$147KDirect
MCKINNON TODDChief Executive OfficerAward / grantFeb 25, 2026193,860$0.00$0Direct
TIGHE BRETTChief Financial OfficerAward / grantFeb 25, 202664,798$0.00$0Direct
NINAN SHIBUOfficerAward / grantFeb 25, 20268,390$0.00$0Direct
SCHWARTZ LARISSA NICOLEOfficerAward / grantFeb 25, 202644,930$0.00$0Direct
ADDISON JONATHAN JAMESOfficerAward / grantFeb 25, 202618,129$0.00$0Direct
KELLEHER ERIC ROBERTPresidentAward / grantFeb 25, 202621,119$0.00$0Direct
SCHWARTZ LARISSA NICOLEOfficerOpen-market sellFeb 6, 20261,836$83.47$153KDirect
TIGHE BRETTChief Financial OfficerOpen-market sellJan 13, 202610,000$95.07$951KDirect
NINAN SHIBUOfficerOpen-market sellJan 13, 20261,052$95.00$100KDirect
SCHWARTZ LARISSA NICOLEOfficerOpen-market sellJan 7, 20261,899$90.74$172KDirect
KELLEHER ERIC ROBERTPresidentOpen-market sellJan 2, 20262,409$84.40$203KDirect
KELLEHER ERIC ROBERTPresidentTransactionJan 2, 20262,409——Direct
MCKINNON TODDChief Executive OfficerOpen-market sellDec 22, 202511,286$90.96$1.03MDirect
KELLEHER ERIC ROBERTPresidentOpen-market sellDec 22, 20258,497$90.20$766KDirect
MCKINNON TODDChief Executive OfficerTransactionDec 15, 202522,932——Direct
KERREST JACQUES FREDERICDirectorTransactionDec 15, 2025842——Direct
TIGHE BRETTChief Financial OfficerTransactionDec 15, 202518,271——Direct
NINAN SHIBUOfficerTransactionDec 15, 20254,072——Direct
SCHWARTZ LARISSA NICOLEOfficerTransactionDec 15, 20259,885——Direct
ADDISON JONATHAN JAMESOfficerTransactionDec 15, 202513,357——Direct
KELLEHER ERIC ROBERTPresidentTransactionDec 15, 202521,260——Direct
KERREST JACQUES FREDERICDirectorStock Gift at price 0.00 per share.Dec 10, 202583,000$0.00$0Indirect
KERREST JACQUES FREDERICDirectorTransactionDec 8, 202583,500——Indirect
SCHWARTZ LARISSA NICOLEOfficerOpen-market sellDec 5, 20251,318$85.71$113KDirect

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

—
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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.

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AI summaries

Members get a plain-English 'what matters now' brief plus an explanation of why the price is moving, grounded in Prism's framework scores.

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Full framework decision report

See how Lynch, Buffett, Graham, Greenblatt, Fisher and more each score this stock — with every rule, threshold, and reason exposed.

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Peer comparison + AI read-through

See how this stock stacks up against its closest peers on valuation, growth, and returns — with a written peer summary.

What would OKTA do to your portfolio?

Add Okta, Inc. at a hypothetical weight and Prism recalculates your whole book:

Risk metrics

Sharpe, Sortino, volatility, max drawdown, beta — before and after.

Sector concentration

How much this shifts your top sector weight and overall diversification.

Archetype tilt

Whether this leans your book more toward Quality, Value, Growth, Deep Value, Income, or Momentum.

OKTA is currently tagged:Growth at a Reasonable PriceFails criteria (26/100)

Portfolio analytics are part of the member experience.

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Probabilistic recommendation· rec-v1.0.0-2026-04

Okta, Inc. · OKTA

OKTA: 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.

Outperform prob.
54%
vs S&P 500 · 12M
medium confidence
Expected return
-10.8% → +25.2%
mid +7.2% / yr
Downside (p20)
-7.1%
stress -14.2%
Data quality
95/100
Excellent
Prism Score

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.

Prism Score

Composite 62/100. Strongest contribution from ownership; weakest from quality.

Composite
62
/ 100
Mixed
Deep valueval.
81/ 100

P/B 1.99× · FCF yield 6.1%

Margin of safetyval.
28/ 100

32% above fair value

Bull · base · bear scenarios

Three plausible paths over a 5-year horizon.

Indicative only. Probabilities are model-implied weights for stress-testing — not forecasts.

Bull
~20%
$77.30
-0.3% / yr (5y)

A turnaround takes hold: margin recovers toward peer averages, revenue stabilises, and the market re-prices the asset value rather than the running earnings.

Drivers
  • • Margin expands by 200–400 bps from 7%
  • • Stranded asset value crystallises
  • • Multiple re-rates one full turn higher
Base
~45%
$59.46
-5.4% / yr (5y)

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.

Global value comparison

Okta, Inc. vs sector medians — GCC, MENA, and Global ex-US.

Sector: Technology. MENA-aware investors can sanity-check whether the US name is offering value relative to regional peers.

MetricOKTAGCC medianMENA medianGlobal ex-US
P/E (TTM)—22.0×—23.0×
P/B1.99×4.00×—4.50×
Dividend yield—1.00%—1.40%
ROE3.5%
Earnings reaction explainer

OKTA beat by 5.5%.

Beat· +5.5%

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%.

  • Quality investorsPositive

    A routine beat with stable margins is the textbook compounder pattern — nothing changes in the thesis.

  • Value investorsNeutral

    Whether the beat matters depends on entry multiple. P/E — sets the bar.

  • Growth investorsNeutral

    Positive but unremarkable — guidance and KPI commentary will move the stock more than the beat itself.

What to watch on the next print

News & events

Next earnings

Thu, May 28 · consensus EPS $0.85 · last actual $0.90

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Key Metrics at a Glance

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

· Magic Formula
0/100

ROE > 20% is 3.5% — fails "> 20.0%".

  • Walter Schloss· Schloss Deep Value29/100

    P/B < 1.0 (below book) is 1.99× — fails "< 1.00×".

  • Philip Fisher· Fisher Growth38/100

    Revenue Growth > 15% is 11.6% — fails "> 15.0%".

  • See the full rule-by-rule drill-down below
    62/100
    Medium-Low agreement
    Signal families · 1 of 6 signal families mixed
    Agreement: Medium-Low
    • Valuationnegative

      Trades meaningfully above the fair-value range — limited margin of safety.

      32% above fair valueReverse DCF: low expectations bar
      35
      /100
    • Qualityneutral

      Quality is mixed — some strengths, some softness.

      ROE 4% (weak)Op margin 7% (thin)Gross 77%EPS growth 171%
      42
      /100
    • Balance sheetpositive

      Capital structure is conservative and well-covered.

      D/E 0.06Net cash position
      70
      /100
    • Momentumneutral

      Price trend is unremarkable — neither tailwind nor headwind.

      46
      /100
    • Behaviouralneutral

      Behavioural read is mixed — some accumulation, some distribution.

      Insider buying ($267k)Net insider selling ($13.8M)
      46
      /100
    • Catalysts & eventsneutral

      Mixed catalyst picture.

      EPS beat (+6%)
      55
      /100
    Positive drivers
    • • D/E 0.06
    • • Net cash position
    Key risks
    • • 32% above fair value
    • • Reverse DCF: low expectations bar
    Suggested diligence questions
    • 1. What would invalidate the thesis if it appeared in the next earnings print?
    Similar historical setups[MOCK DATA]

    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.

    Probabilistic research output — not financial advice.
    View full thesis
    Quality20%
    47/ 100

    ROE 4% · Op margin 7%

    Balance sheet15%
    85/ 100

    D/E 0.06 · CR 1.43

    Insider convictionown.
    75/ 100

    1 insider buying

    Superinvestorown.
    35/ 100

    No tracked superinvestor holds it

    Shareholder yield10%
    80/ 100

    Buyback runway via FCF

    Momentum5%
    40/ 100

    25% through 52w range

    Growth5%
    100/ 100

    EPS 171% · Rev 12%

    Designed to surface potentially attractive characteristics — descriptive, not prescriptive. For research and educational purposes only.

    Customise weights
    Drivers
    • • Revenue growth holds near 12%
    • • Operating margin stays around 7%
    • • No major balance-sheet surprises
    Bear
    ~35%
    $44.60
    -10.7% / yr (5y)

    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.

    Drivers
    • • Operating margin compresses 200–400 bps
    • • Multiple compresses as estimates roll back
    • • Sentiment de-rates the name to a deeper-value multiple
    Indicative weights
    14.0%
    —
    16.0%

    Editorial dataset · as of 2024-12-31. Sector medians are hand-maintained from public Tadawul / ADX / DFM / QSE / EGX disclosures and indicative Global ex-US references. Live licensed data is on the roadmap. For research and educational purposes only.

    • • Whether margin expansion sustains into next quarter
    • • Forward guidance update — beats without raises tend to fade
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  • Institutional Own.

    95.7%

    Insider Own.

    0.6%

    Dividend Yield

    N/A

    Book Value / Share

    $39.46