Okta, Inc.
OKTATechnologyNASDAQSoftware - Infrastructure
Scan Results
Daily timeframePart of the technology sector, Okta, Inc. (OKTA) is listed under Software - Infrastructure. The $37.25B 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
$37.25B
Beta
0.73
P/E (TTM)
128.34
P/E (Fwd)
48.66
EPS (TTM)
$1.66
EPS (Fwd)
$4.38
ROE
4.3%
ROA
1.6%
Cash
$2.30B
Total Debt
$53.0M
Free CF
$1.04B
52W Change
136.7%
Annual Financials
Cash vs Debt
Where OKTA stands vs its 150-day and 200-day moving averages
As of the October 19, 2026 close, OKTA finished 44.11% above its 150-day moving average ($129.94) and 58.00% above its 200-day moving average ($118.52). 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 October 19, 2026 close, OKTA's RSI(14) was 40.5, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish 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. Annual free cash flow of $1.04B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. 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. At over 50x earnings, OKTA carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Okta, Inc.'s trajectory.