Currently, there are 165.65M common shares owned by the public and among those 164.38M shares have been available to trade.
The company’s stock has a 5-day price change of 19.30% and 18.55% over the past three months. OKTA shares are trading 42.82% year to date (YTD), with the 12-month market performance up to 21.10% higher. It has a 12-month low price of $70.56 and touched a high of $118.07 over the same period. OKTA has an average intraday trading volume of 3.26 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.74%, 9.39%, and 27.50% respectively.
Institutional ownership of Okta Inc (NASDAQ: OKTA) shares accounts for 81.30% of the company’s 165.65M shares outstanding.
It has a market capitalization of $19.54B and a beta (3y monthly) value of 0.97. The stock’s trailing 12-month PE ratio is 1920.48, while the earnings-per-share (ttm) stands at $0.06. The company has a PEG of 150.51 and a Quick Ratio of 1.30 with the debt-to-equity ratio at 0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.51% over the week and 4.98% over the month.
Earnings per share for the fiscal year are expected to increase by 13.75%, and 10.13% over the next financial year.
Looking at the support for the OKTA, a number of firms have released research notes about the stock. Roth Capital stated their Buy rating for the stock in a research note on April 23, 2025, with the firm’s price target at $119. Stephens coverage for the Okta Inc (OKTA) stock in a research note released on April 01, 2025 offered a Equal-Weight rating with a price target of $127. BMO Capital Markets on their part issued Market Perform rating on March 10, 2025.
