Okta, Inc.
OKTATechnologyNASDAQSoftware - Infrastructure
Scan Results
Daily timeframeOkta, Inc. operates as an identity partner in the United States and internationally. The $29.30B market capitalization puts OKTA squarely in large-cap range for its industry. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform's secure access management to the device login experience; Universal Directory for a cloud-based system of record.
Market Cap
$29.30B
Beta
0.79
P/E (TTM)
101.57
P/E (Fwd)
38.28
EPS (TTM)
$1.65
EPS (Fwd)
$4.38
ROE
4.3%
ROA
1.6%
Cash
$2.30B
Total Debt
$53.0M
Free CF
$1.04B
52W Change
89.1%
Annual Financials
Cash vs Debt
Where OKTA stands vs its 150-day and 200-day moving averages
As of the September 1, 2026 close, OKTA finished 65.60% above its 150-day moving average ($104.49) and 72.75% above its 200-day moving average ($100.17). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is OKTA overbought or oversold?
At the September 1, 2026 close, OKTA's RSI(14) was 62.1, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Okta, Inc. holds $2.30B in cash against $53.0M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $1.04B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 4.3%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.86B (2023) to $2.92B (2026), reflecting a 57% increase over the period.
With cash comfortably exceeding debt, OKTA has financial flexibility that may help navigate uncertain periods. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Okta, Inc.'s trajectory.