Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta’s suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
AI Security Pionee | Explore Okta's strategic positioning in the AI and machine identity security market, leveraging its expertise to capture emerging opportunities |
Financial Resilience | Delve into Okta's robust financial performance, with strong free cash flow margins and upward-revised revenue guidance for fiscal year 2026 |
Market Expansion | Learn about Okta's growth in Identity Governance and Administration, contributing $100 million in annual contract value and expanding market reach |
Analyst Optimism | Discover varied analyst perspectives, with price targets ranging from $100 to $140, reflecting confidence in Okta's long-term growth potential |
Metrics to compare | OKTA | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipOKTAPeersSector | |
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P/E Ratio | 93.9x | 17.1x | 11.5x | |
PEG Ratio | 0.46 | 0.02 | 0.01 | |
Price/Book | 2.3x | 6.6x | 2.4x | |
Price / LTM Sales | 5.7x | 6.9x | 2.2x | |
Upside (Analyst Target) | 34.1% | 18.6% | 19.7% | |
Fair Value Upside | Unlock | 9.3% | 4.9% | Unlock |