OKTA: Okta, Inc.
About
Okta, Inc. engages in the provision of an identity management platform for enterprises. It operates through the United States and International geographical segments. The firm's products include single sign-on, multi-factor authentication, API access management, authentication, user management, and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.
Current Value
$74.581 Year Return
Current Value
$74.581 Year Return
Key Details
Market Cap
$12.66B
P/E Ratio
-89.73
1Y Stock Return
4.91%
1Y Revenue Growth
18.74%
Dividend Yield
0.00%
Price to Book
2.1
Strategies that include OKTA
Stock's related to OKTA
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PSTG | 61.43% | $16.35B | +36.41% | 0.00% |
| KODK | 55.46% | $422.90M | +41.40% | 0.00% |
| VERX | 50.00% | $7.99B | +89.70% | 0.00% |
| DUOL | 45.97% | $14.17B | +49.85% | 0.00% |
| PATH | 45.78% | $7.02B | -29.77% | 0.00% |
| AI | 45.26% | $4.19B | +15.61% | 0.00% |
| IOT | 41.78% | $29.06B | +97.92% | 0.00% |
| PCOR | 39.90% | $10.41B | +26.77% | 0.00% |
| S | 39.89% | $8.76B | +59.38% | 0.00% |
| BRZE | 39.61% | $3.72B | -30.26% | 0.00% |
| CRM | 39.61% | $309.20B | +44.18% | 0.37% |
| ACIW | 39.32% | $5.71B | +106.64% | 0.00% |
| DSG | 39.31% | $9.71B | +39.81% | 0.00% |
| ZS | 39.21% | $31.16B | +6.79% | 0.00% |
| NTRA | 39.16% | $21.40B | +200.46% | 0.00% |
| MGNI | 39.13% | $2.29B | +105.56% | 0.00% |
| HRL | 38.68% | $16.30B | -8.38% | 3.81% |
| FLWS | 38.60% | $469.30M | -14.73% | 0.00% |
| DG | 38.47% | $16.82B | -37.95% | 3.17% |
| ESTC | 38.21% | $9.07B | +13.94% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ACGL | -<0.01% | $36.00B | +16.84% | 0.00% |
| CORZ | <0.01% | $4.60B | +3,201.26% | 0.00% |
| WMT | -0.01% | $696.11B | +66.69% | 1.38% |
| ABT | -0.06% | $203.16B | +14.93% | 1.88% |
| SPTN | -0.12% | $615.01M | -17.44% | 4.80% |
| UL | -0.18% | $143.25B | +21.40% | 3.25% |
| AJG | 0.19% | $64.17B | +17.51% | 0.80% |
| BMY | -0.21% | $118.10B | +20.11% | 4.09% |
| TRV | 0.30% | $58.86B | +48.10% | 1.59% |
| AIFU | 0.32% | $67.49M | -83.02% | 0.00% |
| PEP | -0.32% | $215.02B | -6.60% | 3.35% |
| SNY | -0.33% | $120.34B | +3.11% | 4.25% |
| CL | 0.41% | $76.48B | +22.25% | 2.12% |
| UTHR | -0.55% | $16.10B | +56.54% | 0.00% |
| KMB | -0.59% | $45.22B | +11.57% | 3.58% |
| MO | 0.60% | $94.67B | +37.05% | 7.07% |
| SMC | 0.63% | $383.35M | +97.26% | 0.00% |
| ALL | 0.69% | $52.06B | +45.67% | 1.85% |
| NAT | -0.70% | $636.83M | -30.05% | 13.79% |
| HIHO | -0.73% | $8.63M | 0.00% | 6.12% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| XEL | -26.80% | $41.42B | +15.91% | 3.12% |
| DAVA | -23.54% | $1.16B | -59.28% | 0.00% |
| IRWD | -22.53% | $609.71M | -59.34% | 0.00% |
| GRFS | -15.38% | $2.18B | -11.41% | 0.00% |
| CC | -13.89% | $2.82B | -27.44% | 5.31% |
| NARI | -13.01% | $2.98B | -11.66% | 0.00% |
| MX | -11.99% | $135.79M | -45.52% | 0.00% |
| MNR | -11.79% | $1.66B | -10.71% | 15.90% |
| SMMT | -11.26% | $14.74B | +910.10% | 0.00% |
| GIS | -11.11% | $34.85B | -2.91% | 3.78% |
| SCWX | -10.81% | $743.12M | +40.27% | 0.00% |
| CBOE | -10.28% | $21.46B | +15.84% | 1.11% |
| PG | -9.87% | $402.15B | +14.14% | 2.33% |
| COR | -9.51% | $47.48B | +21.20% | 0.86% |
| CWAN | -9.25% | $6.77B | +47.68% | 0.00% |
| DKL | -9.00% | $2.03B | -18.84% | 10.94% |
| CYCN | -8.52% | $4.77M | -16.19% | 0.00% |
| K | -8.12% | $27.77B | +52.50% | 2.79% |
| FENG | -7.77% | $13.37M | +96.77% | 0.00% |
| MIST | -7.76% | $92.79M | -32.56% | 0.00% |
ETF's related to OKTA
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| IHAK | 57.52% | $916.89M | 0.47% |
| BUG | 54.17% | $783.85M | 0.5% |
| CIBR | 53.54% | $6.98B | 0.59% |
| SKYY | 53.32% | $3.41B | 0.6% |
| WCLD | 53.20% | $454.67M | 0.45% |
| HACK | 52.77% | $1.80B | 0.6% |
| CLOU | 50.53% | $349.39M | 0.68% |
| XSW | 50.15% | $402.79M | 0.35% |
| ITEQ | 49.82% | $84.84M | 0.75% |
| FXL | 47.95% | $1.39B | 0.62% |
| WTAI | 47.12% | $192.86M | 0.45% |
| IGV | 46.92% | $9.18B | 0.41% |
| FDN | 46.89% | $6.98B | 0.51% |
| ARKF | 46.60% | $1.09B | 0.75% |
| ARKW | 46.25% | $1.69B | 0.87% |
| IWP | 46.17% | $17.19B | 0.23% |
| FPX | 46.11% | $797.15M | 0.59% |
| IPO | 46.02% | $157.08M | 0.6% |
| VBK | 45.95% | $19.31B | 0.07% |
| TECB | 45.85% | $429.37M | 0.3% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| PWZ | 1.00% | $697.36M | 0.28% |
| XBIL | -1.17% | $637.70M | 0.15% |
| KMLM | -1.85% | $353.87M | 0.9% |
| TBLL | 2.35% | $1.92B | 0.08% |
| KCCA | 2.61% | $220.51M | 0.87% |
| HIGH | 2.66% | $302.78M | 0.51% |
| UNG | 2.83% | $908.80M | 1.06% |
| GBIL | 3.14% | $5.60B | 0.12% |
| IBHD | 3.78% | $327.80M | 0.35% |
| BILZ | 3.81% | $563.02M | 0.14% |
| ULST | 4.10% | $535.47M | 0.2% |
| AGGH | 4.23% | $253.02M | 0.33% |
| WEAT | -4.36% | $120.27M | 0.28% |
| CLOI | -4.46% | $715.40M | 0.4% |
| JPST | 4.46% | $28.43B | 0.18% |
| IYK | 4.54% | $1.30B | 0.4% |
| MINT | 4.88% | $11.62B | 0.35% |
| IVOL | 5.02% | $548.70M | 1.02% |
| USCI | 5.07% | $185.47M | 1.07% |
| TBIL | 5.48% | $4.38B | 0.15% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -38.88% | $388.04M | 1.43% |
| VIXY | -31.43% | $195.31M | 0.85% |
| TAIL | -18.33% | $67.98M | 0.59% |
| USDU | -17.32% | $201.97M | 0.5% |
| CCOR | -13.56% | $109.04M | 1.18% |
| UUP | -13.30% | $309.25M | 0.77% |
| SOYB | -8.89% | $27.32M | 0.22% |
| CORN | -8.14% | $61.12M | 0.2% |
| CANE | -8.03% | $17.72M | 0.29% |
| EQLS | -6.49% | $76.08M | 1% |
| AGZD | -5.72% | $142.76M | 0.23% |
| CTA | -5.71% | $350.27M | 0.78% |
| DBA | -5.61% | $755.88M | 0.93% |
| CLOI | -4.46% | $715.40M | 0.4% |
| WEAT | -4.36% | $120.27M | 0.28% |
| KMLM | -1.85% | $353.87M | 0.9% |
| XBIL | -1.17% | $637.70M | 0.15% |
| PWZ | 1.00% | $697.36M | 0.28% |
| TBLL | 2.35% | $1.92B | 0.08% |
| KCCA | 2.61% | $220.51M | 0.87% |
News
Yahoo
Barclays initiated coverage of Okta (OKTA) with an Equal Weight rating and $81 price target The identity and access management market is $20B-plus growing high-teens, and share is consolidating, the analyst tells investors in a research note. The firm has Microsoft (MSFT) has the number one share and Okta number two in the bigger workforce market, while Okta is number one in faster growing customer identity and access management. Barclays is below fiscal 2026 consensus estimates for Okta on reve
Yahoo
We recently compiled a list of the 15 AI News Updates You Might Have Missed. In this article, we are going to take a look at where Okta, Inc. (NASDAQ:OKTA) stands against the other AI stocks you might have recently missed. Artificial intelligence has been making headlines even at political summits. For example, news agency Xinhua […]
SeekingAlpha
For Q3 2024, the Fidelity Select Technology Portfolio fund gained 0.28%, trailing the MSCI U.S. IMI Information Technology 25/50 Index. Click here to read the full commentary.
Yahoo
Okta (OKTA) closed the most recent trading day at $72.88, moving -1.06% from the previous trading session.
Yahoo
Gaining adoption of OKTA's Identity Threat Protection solution boosts prospects amid a challenging macroeconomic environment and stretched valuation.
Yahoo
Okta has gotten torched over the last six months - since May 2024, its stock price has dropped 28% to $73.90 per share. This might have investors contemplating their next move.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.