Okta Inc (OKTA) concluded trading on Thursday at a closing price of $106.63, with 3.48 million shares of worth about $371.14 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.18% during that period and on March 13, 2025 the price saw a loss of about -1.98%. Currently the company’s common shares owned by public are about 165.65M shares, out of which, 164.33M shares are available for trading.
Stock saw a price change of -4.13% in past 5 days and over the past one month there was a price change of 11.33%. Year-to-date (YTD), OKTA shares are showing a performance of 35.32% which decreased to -1.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $70.56 but also hit the highest price of $116.96 during that period. The average intraday trading volume for Okta Inc shares is 3.25 million. The stock is currently trading 7.11% above its 20-day simple moving average (SMA20), while that difference is up 14.27% for SMA50 and it goes to 23.88% higher than SMA200.
Okta Inc (NASDAQ: OKTA) currently have 165.65M outstanding shares and institutions hold larger chunk of about 81.25% of that.
The stock has a current market capitalization of $18.51B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 1819.62, while it has posted earnings per share of $0.06 in the same period. Its PEG reads 293.96 and has Quick Ratio of 1.30 while making debt-to-equity ratio of 0.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OKTA, volatility over the week remained 4.76% while standing at 4.65% over the month.
Stock’s fiscal year EPS is expected to rise by 13.43% while it is estimated to increase by 10.33% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on March 10, 2025 offering a Market perform rating for the stock and assigned a target price range of between $105 and $130 to it. Coverage by Mizuho stated Okta Inc (OKTA) stock as an Outperform in their note to investors on March 04, 2025, suggesting a price target of $127 for the stock. On March 04, 2025, DA Davidson Upgrade their recommendations, while on January 17, 2025, Citigroup Reiterated their ratings for the stock with a price target of $100. Stock get an Overweight rating from KeyBanc Capital Markets on December 19, 2024.
