The stock has a 36-month beta value of 1.09. Opinions on the stock are mixed, with 13 analysts rating it as a “buy,” 8 as “overweight,” 18 as “hold,” and 0 as “sell.”
The public float for OKTA is 161.57M, and at present, short sellers hold a 2.91% of that float. On February 05, 2025, the average trading volume of OKTA was 3.26M shares.
OKTA) stock’s latest price update
The stock of Okta Inc (NASDAQ: OKTA) has increased by 1.25 when compared to last closing price of 93.24.Despite this, the company has seen a loss of -0.55% in its stock price over the last five trading days. techcrunch.com reported 2025-02-04 that Cybersecurity company SailPoint is hoping to go public — again. This time, the company plans to sell $1 billion worth of stock and hit an $11.5 billion valuation in its planned IPO.
OKTA’s Market Performance
Okta Inc (OKTA) has seen a -0.55% fall in stock performance for the week, with a 19.76% gain in the past month and a 31.33% surge in the past quarter. The volatility ratio for the week is 2.43%, and the volatility levels for the past 30 days are at 3.05% for OKTA. The simple moving average for the last 20 days is 6.50% for OKTA’s stock, with a simple moving average of 10.05% for the last 200 days.
Analysts’ Opinion of OKTA
Many brokerage firms have already submitted their reports for OKTA stocks, with Citigroup repeating the rating for OKTA by listing it as a “Neutral.” The predicted price for OKTA in the upcoming period, according to Citigroup is $100 based on the research report published on January 17, 2025 of the current year 2025.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see OKTA reach a price target of $115. The rating they have provided for OKTA stocks is “Overweight” according to the report published on December 19th, 2024.
JP Morgan gave a rating of “Overweight” to OKTA, setting the target price at $100 in the report published on December 16th of the previous year.
OKTA Trading at 12.23% from the 50-Day Moving Average
After a stumble in the market that brought OKTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.55% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares surge +16.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.71% upper at present.
During the last 5 trading sessions, OKTA fell by -0.55%, which changed the moving average for the period of 200-days by +0.65% in comparison to the 20-day moving average, which settled at $88.65. In addition, Okta Inc saw 19.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OKTA starting from Tighe Brett, who sale 5,000 shares at the price of $94.76 back on Jan 30 ’25. After this action, Tighe Brett now owns 97,533 shares of Okta Inc, valued at $473,801 using the latest closing price.
Kerrest Jacques Frederic, the Director of Okta Inc, sale 130,000 shares at $93.00 during a trade that took place back on Jan 28 ’25, which means that Kerrest Jacques Frederic is holding 0 shares at $12,090,000 based on the most recent closing price.
Stock Fundamentals for OKTA
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.76 for the gross margin
The net margin for Okta Inc stands at -0.02. The total capital return value is set at -0.02. Equity return is now at value -0.65, with -0.44 for asset returns.
Based on Okta Inc (OKTA), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.66. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -55.0.
Currently, EBITDA for the company is -230.0 million with net debt to EBITDA at -162.5. When we switch over and look at the enterprise to sales, we see a ratio of 6.35. The receivables turnover for the company is 5.47for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
To sum up, Okta Inc (OKTA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
