Skip to Content

Okta Inc Class A OKTA Stock Quote

| Rating as of


Last close prices updated as of Jan 27, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 71.38
  • Sector Technology
  • Industry Software - Infrastructure
  • Investment Style Mid Growth
  • Day Range 69.00  –  72.36
  • Year Range 44.12  –  203.79
  • Market Cap 11.4339 Bil
  • Volume / Avg 1.7 Mil /  4.0 Mil
  • Price / Sales 6.46
  • Price / Book 2.11
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis OKTA

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


With Secular Tailwinds Behind Its Back, We View Okta as a Leader in the Identity Security Space

Business Strategy and Outlook

| Malik Ahmed Khan |

We believe Okta is poised for long-term financial success as a leader in the identity and access management, or IAM, space. Okta’s Identity Cloud, which weaves together the firm’s workforce and customer offerings, stands to grow in importance to its clients as zero-trust security infrastructures, digital transformations, and cloud migrations increase the company’s value proposition. However, we assign Okta with a no-moat rating as we don’t foresee excess returns on capital in the next few years. Yet, we believe Okta has a positive moat trend as the firm’s platform, impressive number of integration, and a broad range of SKUs have allowed the business to be on the cusp of generating high customer switching costs and a network effect.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics OKTA

Company Profile OKTA

Business Description

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta’s workforce offerings enable a company’s employees to securely access its cloud-based and on-premises resources. The firm’s customer offerings allow its clients’ customers to securely access the client’s applications.

100 First Street, Suite 600
San Francisco, CA, 94105
Industry Software - Infrastructure
Employees 6,037

Related Articles OKTA

FAQs for Okta Inc Class A Stock

No. OKTA does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

OKTA’s market cap is 11.43 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

OKTA’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

OKTA’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare OKTA’s historical performance against its industry peers and the overall market.