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OKOKTA

Okta, Inc.

$OKTA·$23B·Software - Infrastructure·Technology
$149.35+1.1%YTD+71.4%1Y+62.2%
Mentions · last 7 days
2026-07-10: 218 posts2026-07-11: 71 posts2026-07-12: 119 posts2026-07-13: 197 posts2026-07-14: 170 posts2026-07-15: 185 posts2026-07-16: 91 posts1,078+19%
Price updated 35m ago·X counts updated 1d ago
OKOKTA
$OKTAOkta, Inc.
$149.35+1.09%1.1k posts+19%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $OKTA, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-07-16

The move is getting stronger, with heavier trading behind it.

Identity-security leader breaking out to fresh highs — CEO McKinnon just cashed out $10M into the run.

Okta runs the enterprise identity-and-access-management platform — the single sign-on and privileged-access controls that companies deploy to secure employee and customer authentication. The stock is up 73% YTD as the cybersecurity group re-rates on AI-agent identity governance becoming a real enterprise budget line.

  • Revenue grew 11% YoY to $680M last quarter with a 7% operating margin — the growth is more modest than sell-side headlines suggest, but the operating margin expansion is the real story; Okta was margin-negative for most of its history.
  • Trades at 85x TTM earnings and 6.6x sales — expensive on trailing, but with margin expansion continuing the forward P/E compresses fast; still, this is priced for continued acceleration.
  • CEO Todd McKinnon sold $10.1M on July 10 — that's a real distribution number from the highest-signal insider at the company, and the timing at 93rd percentile of 52-week range is where CEO sales usually matter.
  • KeyBanc raised PT to $175 from $130 (Overweight), citing product-cycle strength and market-leadership positioning — real analyst upgrade backing the run.
  • Position vs 200-day MA +66% — the tape is at extremes above the trend; the 52-week 93rd percentile position means any Q2 disappointment gets punished disproportionately.

August 25 Q2 earnings is where the run either extends or unwinds: revenue growth held above 11% plus a Q3 guide reflecting AI-agent identity wins is what keeps the multiple at 6.6x sales; a modest beat with unchanged guide or continued CEO selling is where the tape gives back the recent gains. Real business, real margin story — priced for perfection at 66% above the 200-day MA.

Differs from X sentimentThe X breakout framing and the KeyBanc PT raise are directionally right on the sector setup. Where the crowd is thin: McKinnon's $10M sale is a real signal from the CEO into 93rd percentile positioning — 'community broadly long' at these levels is exactly the setup where a disappointment cascades.

What to watch: Aug 25 Q2 earnings — need revenue growth above 11% and a Q3 guide reflecting AI-agent identity wins. A modest beat with unchanged guide plus more CEO selling is where the tape gives back gains.

On the calendar: 2026-08-25 — Q2 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment6 posts analyzed · as of 2026-07-15

Okta chatter is bullish breakout. KeyBanc reiterated Overweight and raised OKTA PT to $175 from $130, citing OKTA's market leadership, platform breadth, and product cycles. Community notes OKTA has already broken out while DDOG and SNOW are yet to break their bases. Traders letting positions ride on the base breakout. Community broadly long.

Read the AI verdict + X sentiment for $OKTA

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  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Cloud identity and access management (SSO, MFA, lifecycle management) for enterprises securing employees and customers.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Infrastructure sits in its cycle right now — and what that implies for $OKTA.

Software - Infrastructure · Technology

No material change from last week — Enterprise software infrastructure is in a multiple compression phase (-16.

What this means for $OKTA

Partial — Cloud identity and access management (SSO, MFA, lifecycle management) for enterprises securing employees and customers; the cloud-native adoption and AI security spend despite multiple compression is a secondary rather than primary near-term earnings catalyst.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-12.9%YTD
-16.6%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
84.7How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
2.1%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
5.7%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
4.8%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
6.6Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
3.6%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
77.4%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.1Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 28, 2026$0.91$0.85+6.7%
Q4 2025Mar 4, 2026$0.90$0.85+6.4%
Q3 2025Dec 2, 2025$0.82$0.76+8.2%
Q2 2025Aug 26, 2025$0.91$0.85+7.4%
Next earningsTue, Aug 25·consensus EPS $0.96

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY27$765.0M+11.2%77.8%7.3%$0.42$276.0M
Q4 FY26$761.0M+11.6%77.9%6.6%$0.36$286.0M
Q3 FY26$742.0M+11.6%77.1%3.1%$0.24$214.0M
Q2 FY26$728.0M+12.7%76.9%5.6%$0.38$162.0M

Forward consensus

5-year forecast · up to 33 analysts
FYRevenueRangeEPSRangeAnalysts
FY27$3.2B$3.2B – $3.2B$3.85$3.78 – $3.8833
FY28$3.5B$3.5B – $3.6B$4.26$4.02 – $4.9333
FY29$3.9B$3.9B – $3.9B$4.83$4.19 – $5.9616
FY30$4.1B$4.1B – $4.2B$4.81$4.75 – $4.988
FY31$4.4B$4.4B – $4.5B$5.26$5.19 – $5.457

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.90%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+30.7%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+62.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 165.6M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.8% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.775-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 8Todd MckinnonCEO68.9K sh$10.1MSellJun 22Larissa SchwartzSee Remarks2.5K sh$296KSellJun 18Kelleher Eric RobertSee Remarks4.0K sh$454KSellJun 8Brett TigheCFO65.0K sh$7.6MSellJun 2Larissa SchwartzSee Remarks25.0K sh$3.3MSellMay 18Shellye L ArchambeauDirector2.5K sh$213KSellMay 7Larissa SchwartzSee Remarks1.1K sh$84KSellMay 6Larissa SchwartzSee Remarks5.3K sh$410KBuyApr 16David SchellhaseDirector3.7K sh$267KSellApr 7Larissa SchwartzSee Remarks6.4K sh$509K
1–10 of 14
+ 39 other (15 exempts · 13 awards · 7 inkinds · 2 gifts · 2 conversions) in window

See when $OKTA insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeJun 238-K — Item 5.02: Officer or director change · Item 5.07: Shareholder vote
AI summary

___________________________________ Delaware 001-38044 26-4175727 reported departure or retirement of an officer: the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 18, 2026, at the 2026 annual meeting of stockholders (the “Annual Meeting”) o. ___________________________________ Delaware 001-38044 26-4175727 disclosed voting results from its annual or special meeting. the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 18, 2026, at the 2026 annual meeting of stockholders (the “Annual Meeting”) o...

8-KPress release / Reg FDMay 288-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Okta, Inc. filed an 8-K covering financial results for a recent fiscal quarter (Item 2.02) with results furnished in Exhibit 99.1, along with a Regulation FD disclosure (Item 7.01). The actual revenue and earnings metrics are in the press release exhibit. This is a routine earnings announcement; specific financial performance requires reviewing the attached exhibit.

8-KOfficer or director changeApr 228-K — Item 5.02: Officer or director change
AI summary

OKTA disclosed a personnel change (8-K Item 5.02, dated 2026-04-22). An executive departure and a new appointment are both reported. Personnel changes are generally administrative; materiality depends on seniority and circumstances.

8-KOfficer or director changeMar 238-K — Item 5.02: Officer or director change
AI summary

OKTA disclosed a personnel change (8-K Item 5.02, dated 2026-03-23). An executive departure and a new appointment are both reported. Personnel changes are generally administrative; materiality depends on seniority and circumstances.

8-KOfficer or director changeMar 118-K — Item 5.02: Officer or director change
8-KPress release / Reg FDMar 48-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
+ 10 other (4 13Gs · 2 proxys · 1 10-Q · 1 ARS) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Here Are Thursday’s Top Wall Street Analyst Research Calls: Alphabet, BlackRock, Etsy, Flex, Lululemon Athletica, Meta Platforms, Okta, Palo Alto Networks, and More247wallst.com·2d agoOkta (OKTA) Stock Sinks As Market Gains: Here's Whyzacks.com·2d agoTop Cybersecurity Stocks to Buy Now as AI Changes Tech Defensezacks.com·3d agoCybersecurity Space is Buzzing on Recent Catalysts: 3 Top Pickszacks.com·3d agoIBM Heads for Worst Day Ever — But Why Are Cybersecurity Stocks Up?benzinga.com·3d ago

In themes

Explore the broader themes this ticker is being talked about under.

Agentic AI & Enterprise SoftwareCybersecurity

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