NASDAQ: OKTA

Okta (OKTA) Stock Analysis & Forecast

Nov 4 close

$191.05+1.37 (+0.7%)

Gekko Brief

AI summaryNov 4 close

Okta's week centers on its addition to the S&P 500, replacing Kenvue, a change that brings a new pool of index-tracking buyers to the stock. Alongside this, coverage compares Okta to peers like Docusign and SentinelOne, highlighting its identity and access management leadership, integration network, and double-digit revenue growth, as well as stronger profitability and cash flow relative to SentinelOne despite slower revenue growth there. The stock also registered a sharp one-day drop, with shares closing at $184.87, a -11.22% change versus the prior close, drawing attention even as broader sentiment around its cybersecurity positioning remains framed positively in some commentary.

Okta closed at $191.05, up 0.7%, with the price sitting between its 50-day average of $196.16 and 200-day average of $125.98, reflecting a mixed trend. The GekkoIndex reading of 62.9 places the stock in the Accumulation zone, with a 5-day change of 9.8. Gekko Fair Value stands at $186.29, putting the current price 2.6% above that level.

Okta's next earnings date falls on 1 December 2026, after the close, 26 days away and inside a typical 20-trading-day holding window. Over the last 90 days, Congress recorded 1 buy and 0 sells, while the last 30 days show 1 unusual options signal, with put premium of $884,977 against call premium of $277,315. Seasonally, the next 20 trading days have averaged +7.2% over 5 years, rising in 3 of those years. Analyst consensus includes 27 buy ratings, 7 hold, and 0 sell among 34 firms, with a consensus target of $214.72.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Okta price vs fair value

$191.05$186.29Nov ’25May ’26Nov ’26
Close $191.05200-day averageGekko Fair Value $186.29

Okta quick facts

Market cap
$31.93B
P/E ratio
111.4
Forward P/E
47.6
EPS, TTM
$1.66
Revenue, TTM
$3.07B
Profit margin
9.6%
Dividend yield
—
Beta
0.72
Volume
3.68M avg 4.97M
1-year return
+109.8%
Typical daily move
±7.7%
Typical 20-day move
±8.4%
50-day average
$196.16
200-day average
$125.98
Next earnings
Dec 1 after close
Shares outstanding
167.1M
52-week range
$62.66$235.00

Okta swing-trade checklist

Okta scores 2 supportive, 3 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $191.05 sits between the 50-day ($196.16) and 200-day ($125.98) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    62.9, Accumulation

    Reading 62.9 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    2.6% above

    Price is within 5% of Gekko Fair Value (2.6% above).

    See fair value
  • Smart moneymixed

    Mixed

    Last 90 days: Congress 1 buy / 0 sales. Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings riskheadwind

    Reports in 26 days

    Reports on Dec 1, 2026, 26 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +7.2% on average

    From this point in the calendar, the next 20 trading days averaged +7.2% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Okta stock chart and price history

Okta closed at $191.05 on Nov 4, 2026, +109.8% over the past year, inside a 52-week range of $62.66 to $235.00.

Close50-day average200-day averageVolume
Okta share price, past year, with 50-day and 200-day moving averages and volume$100$150DecJan 2026FebMarAprMayJunJulAugSepOct191.05

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.6%
3 months
+33.1%
6 months
+146.7%
1 year
+109.8%
The full OKTA chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open OKTA in Gekko

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About Okta

Okta provides identity and access management technology used to verify who a person is and what they should be allowed to reach across an organization's applications and systems. Its customers range from large enterprises to small and medium-sized businesses, along with schools, nonprofits, and government agencies, both inside the United States and elsewhere. The company is best known for its Okta Identity Cloud, a platform that ties together directory storage, single sign-on, multi-factor authentication, and related tools so users can move between cloud and on-premises applications securely.

Beyond the core platform, Okta's portfolio covers lifecycle management for digital identities, API access controls, a gateway linking cloud services to older on-premises systems, and infrastructure protection tools. It also owns Auth0, whose products add login screens, attack defenses, passwordless sign-in, machine-to-machine authentication, dedicated private cloud deployments, and organization-specific security configurations. Okta reaches customers through its own sales staff as well as a network of outside channel partners, and it backs its products with customer support, training, and professional services.

The company traces back to Saasure, Inc., founded in 2009, and is headquartered in San Francisco, California. Its shares are listed on the NASDAQ under the ticker OKTA.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
okta.com

Okta GekkoIndex: the smart money zone

Okta’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.9, in the Accumulation zone, up 9.8 points over five sessions.

010062.9Accumulation

Up 9.8 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying34+2.6%+5.1%+8.0%+11.1%
Accumulation (current zone)227+2.6%+3.2%+4.1%+5.1%
Neutral395+0.1%+1.2%+3.5%+9.9%
Distribution35+1.2%−0.5%+1.2%+11.9%
Selling6Too few readings yet

Average OKTA share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the OKTA price, zone by zone.Track OKTA in Gekko

Is Okta stock overvalued? Gekko Fair Value

Okta trades 2.6% above Gekko Fair Value of $186.29, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Okta shares are worth, recalculated every trading day.

$186.29

Gekko Fair Value, Nov 4, 2026

2.6% above fair value · About fair value

At the end of Aug 2026 the price was 6.1% above the estimate.

Gekko Fair ValueShare price, month end
$186$190Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open OKTA in Gekko

Okta insider and Congress trading

No open-market insider purchases were filed for Okta, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for OKTA in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every OKTA insider filing, plotted on the chart in Gekko.Open OKTA in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Maria Elvira Salazar
House, FL, purchase
Purchase$1,001 - $15,000Oct 8
traded Sep 4

From congressional disclosures, which report amounts as ranges.

Buybacks

Okta has been buying back its own shares.

Bought back, quarter ended Jul 31, 2026
$124.0M
As a share of market cap
0.39%

From company filings.

Unusual options activity last 30 days

1signal, 24% of the flagged premium in calls.

Latest: Bearish flow on Oct 17, $1.16M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds OKTA.

0added1opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Okta earnings: next date and track record

Okta reports on Dec 1, 2026, after the close (26 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±16.2%average move across the report
7 of 8reports followed by a gain

Share-price move across each report

+6.5%Dec ’24+19.7%Mar ’25−14.9%May ’25+1.8%Aug ’25+7.1%Dec ’25+9.8%Mar ’26+37.7%May ’26+32.4%Aug ’26

Last earnings call, Aug 26, 2026 AI summary

What they said
Okta reported Q2 FY2027 with broad-based strength in workforce and customer identity platforms, driven by large enterprise deals and partner engagement. New products represented ~30% of bookings, with 40% average ACV uplift when included in deals. Key highlights include AI agent security products (Agent Gateway, Okta for AI Agents-Core), IL5 DoD authorization, and acquisition of Permiso to strengthen cloud identity security.
Guidance
Management did not provide specific revenue or earnings targets in this excerpt. Forward-looking commentary focused on accelerating top-line growth through product innovation, expanding federal opportunities tied to DoD's 2027 Zero Trust mandate, and monetizing AI security demand.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 26, 2026$1.05
est $0.97
+8.8%$805.0M
est $793.0M
+1.5%+32.4%
May 28, 2026$0.91
est $0.85
+7.1%$765.0M
est $751.8M
+1.7%+37.7%
Mar 4, 2026$0.90
est $0.85
+6.4%$761.0M
est $749.5M
+1.5%+9.8%
Dec 2, 2025$0.82
est $0.76
+8.2%$742.0M
est $730.8M
+1.5%+7.1%
Aug 26, 2025$0.91
est $0.85
+7.4%$728.0M
est $712.3M
+2.2%+1.8%
May 27, 2025$0.86
est $0.77
+11.7%$688.0M
est $680.3M
+1.1%−14.9%
Mar 3, 2025$0.78
est $0.74
+5.9%$682.0M
est $668.9M
+2.0%+19.7%
Dec 3, 2024$0.67
est $0.58
+15.5%$665.0M
est $649.7M
+2.3%+6.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Okta stock forecast and analyst price targets

Analysts’ average 12-month price target for Okta is $214.72, +12.4% from the last close, from 34 firms rating the stock in the last 90 days.

$214.72consensus 12-month target, +12.4% from the last close
Low $160High $245
Buy27
Hold7
Sell0

Each firm’s latest rating in the last 90 days: 34 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 30CitiHold, maintained$215+12.5%
Oct 15CitiHold, reiterated$215+12.5%
Oct 9BMO CapitalBuy, maintained$245+28.2%
Oct 2TD CowenHold, maintained$200+4.7%
Sep 29Morgan StanleyBuy, reiterated$245+28.2%
+4.1%average 20-day move after past Accumulation readings
+7.2%average move over the next 20 trading days in the last 5 years
±7.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Okta seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Okta averaged +7.2% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−16.1%2021+37.6%2022+7.3%2023+11.6%2024−0.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.6%2 of 5
Next 10 trading days+1.5%3 of 5
Next 15 trading days−0.6%3 of 5
Next 20 trading days+7.2%3 of 5
Next 30 trading days+13.9%4 of 5

For scale, OKTA’s typical 20-trading-day move in either direction is about 8.4%.

Okta market cap and key statistics

Okta’s market cap is $31.93B, with a P/E ratio of 111.4 and revenue of $3.07B over the last twelve months.

Valuation

Market cap
$31.93B
P/E ratio
111.4
Forward P/E
47.6
EPS, TTM
$1.66
Gekko Fair Value
$186.29

Trading

Volume
3.68M
Avg volume, 20 days
4.97M
52-week high
$235.00
52-week low
$62.66
Shares outstanding
167.1M

Financials

Revenue, TTM
$3.07B
Profit margin
9.6%
Return on equity
4.3%
Quarterly earnings growth, YoY
+75.7%

Risk and income

Beta
0.72
Typical daily move
±7.7%
Typical 20-day move
±8.4%

Okta peers

Okta’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+2.2%Neutral17.8% above
PLTRPalantir Technologies+4.1%Accumulation4.7% below
ORCLOracle+1.6%Accumulation29.7% below
PANWPalo Alto Networks+0.2%Accumulation7.4% above
CRWDCrowdStrike−0.7%Neutral8.1% above
CRMSalesforce−0.8%Accumulation9.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Okta stock FAQ

What is Okta’s market cap?

Okta’s market cap is $31.93B at the Nov 4, 2026 close of $191.05, with 167.1M shares outstanding. The shares trade on a P/E ratio of 111.4.

What is the Okta stock forecast?

The consensus analyst 12-month price target for Okta is $214.72, +12.4% from the last close. Of the 34 firms that rated the stock in the last 90 days, 27 rate it a buy, 7 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Okta stock overvalued or undervalued?

On Gekko’s estimate Okta is about fair value: the Nov 4, 2026 close of $191.05 is 2.6% above Gekko Fair Value of $186.29. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Okta report earnings next?

Okta is expected to report on Dec 1, 2026, after the market closes (26 days away). Analysts expect earnings of $0.93 per share on revenue of $816.0M. Okta beat the earnings estimate in 8 of its last 8 reports, moving 16.2% on average across the report.

What is Okta’s 52-week high and low?

Okta’s 52-week high is $235.00 and its 52-week low is $62.66; it closed at $191.05 on Nov 4, 2026, +109.8% over the past year. Over the last five years the shares peaked at $272.27 on Nov 18, 2021.

Is Okta stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 6 items with data read as supportive (gekkoindex and seasonality), 3 as mixed (trend, fair value and smart money) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Okta?

Gekko flagged 1 unusual options signal in Okta over the last 30 days, with $277K of flagged premium in calls and $885K in puts. The latest, bearish flow, was on Oct 17, 2026 with $1.16M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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