NASDAQ:OKTA

Okta, Inc. (OKTA)

169.99
+2.40 (1.43%)
as of Sep 9, 2026, 3:11:16 pm Market Open.
70 watching
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Investor Insights
star iconSep 9, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Okta, Inc. faces significant challenges from competition, particularly with Microsoft's bundling strategies, impacting its market share and business viability. Despite concerns about AI competition, there is optimism regarding the company's leadership and its potential to innovate in authentication technologies. Analysts note that while earnings growth may be modest at 7% by 2026, the stock is trading at a relatively low PE ratio of 23x, suggesting it may be an opportunity for investors willing to take a position. The anticipated development of authentication solutions for AI machines could position Okta as a key player in the cybersecurity landscape, prompting some experts to recommend a small investment with the hope that it delivers on this front. Price targets remain optimistic, indicating potential growth if the company successfully navigates these challenges and capitalizes on emerging opportunities.

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Consensus
Hold
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Valuation
Undervalued
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PaloAlto, PANW
BUY
With the rise of home offices, home computers are vulnerable to hackers. In offices, those computers are protected behind an office firewall, but home is more vulnerable. Okta protects. They handle anything to do with log-ins and credentials. This stock has rallied from $247 to 266 a month ago. This faces little competition in the online identity business.
BUY
Likes cybersecurity space a lot. OKTA's identity management is one he continues to do well with. Their interface lets you log in through their platform with a single secure sign-on.
TOP PICK
Cyber Security for businesses. There is a big focus on workplace technology stocks. Businesses are adapting and IT needs to adapt. He thinks there will be another big earnings growth ahead of them over the next couple of years as they bolt on more products to their platform. (Analysts’ price target is $297.08)
BUY
It sold off hard last month along with the cloud sector. But it had a product showcase today, plus their purchase of another cybersecurity company, Off Zero, are tailwinds. Shares jumped over 5%. This offers huge upside.
COMMENT
Today they reported higher than expected sales up 37% YOY though mixed guidance (say some but he disagrees) next quarter and full-year. One metric, remaining performance obligations are very good.
WEAK BUY
It reports next week and is worth buying, but buy only if you believe the market will change its attitude towards high-flying growth names that don't trade on earnings, but sales.
BUY
Cloud stocks have bounced back partially. OKTA got hammered in February and March, but has rebounded $20. This week, OKTA is announcing big new products, but the market doesn't care. Still, he thinks this is a good story though the stock is out of fashion.
BUY ON WEAKNESS
A fine cybersecurity stock. Got hammered today, despite the Nasdaq rising. They reported a strong quarterly Wednesday, but forecast higher losses for this quarter and year. Maybe worth buying on weakness now.
COMMENT
A cloud cybersecurity company that handles your login, a necessity during work-from-home. In October/early November it rolled over with other cloud stocks. Two weeks ago, they reports a blowout quarter with top and bottom line beats. They also issued strong Q4 guidance and cash flow. The stock popped 5% the next day and remains up, 125% YTD.
COMMENT
asfa
COMMENT

What he calls one of 15 Red Hot stocks: unstoppable growth stocks with a sky-high valuation (30-100x sales, not earnings) With Crowdstrike, is a cloud cybersecurity play. Offers only 30% revenue growth, though trades at 30x sales, which is insane, but what can he say? Danger of a downside hit at these levels.

BUY
Cloud-based cybersecurity company that secures login credentials which protects work networks. The stock has doubled YTD. They just had a virtual showcase which pushed the stock higher.
PARTIAL BUY
The sector is doing well. Okta does identity management for businesses and non-profits. Tread carefully. There is expensive. A partial buy.
PARTIAL SELL
They do cloud security. Good recurring revenue. Doing very well. Take some profits.
HOLD
Stock seems to be stalling in its uptrend. Prominent low a few weeks ago, and hasn't hit that again. Uptrend is weakly in place. Not dangerous when a stock consolidates. It is dangerous when it takes out a dominant low and has broken the 200-day moving average. This one looks OK for now.
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