Back to top
more

Okta (OKTA)

(Real Time Quote from BATS)

$94.81 USD

94.81
134,112

+1.01 (1.08%)

Updated Apr 18, 2024 10:48 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value A Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 16% (39 out of 251)

Industry: Internet - Software and Services

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for OKTA

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Okta, Inc falls in the month of January.

All items in Millions except Per Share data.

1/31/2024 1/31/2023 1/31/2022 1/31/2021 1/31/2020
Assets          
Cash & Equivalents 2,202 2,580 2,502 2,556 1,403
Receivables 559 481 398 195 130
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 219 168 141 128 67
Total Current Assets 2,980 3,229 3,041 2,879 1,600
Net Property & Equipment 48 59 65 63 54
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 242 210 191 109 78
Intangibles 5,588 5,641 5,718 75 81
Deposits & Other Assets 48 46 42 24 19
Total Assets 8,989 9,307 9,206 3,299 1,955
Liabilities & Shareholders Equity 1/31/2024 1/31/2023 1/31/2022 1/31/2021 1/31/2020
Notes Payable 0 0 0 0 0
Accounts Payable 12 12 20 9 4
Current Portion Long-Term Debt 0 0 16 909 101
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 282 211 233 126 77
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,488 1,242 973 503 365
Total Current Liabilities 1,782 1,465 1,243 1,546 547
Mortgages 0 0 0 0 0
Deferred Taxes/Income 23 18 23 11 6
Convertible Debt 1,154 2,193 1,816 857 837
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 30 23 32 11 5
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,101 3,841 3,284 2,605 1,550
Shareholders Equity 1/31/2024 1/31/2023 1/31/2022 1/31/2021 1/31/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 8,724 7,974 7,750 1,656 1,106
Retained Earnings -2,830 -2,475 -1,816 -967 -701
Other Equity -6 -33 -12 5 1
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 5,888 5,466 5,922 694 405
Total Liabilities & Shareholder's Equity 8,989 9,307 9,206 3,299 1,955
Total Common Equity 5,888 5,466 5,922 694 405
Shares Outstanding 167.40 161.20 156.60 130.90 122.60
Book Value Per Share 35.17 33.91 37.82 5.30 3.31

Fiscal Year End for Okta, Inc falls in the month of January.

All items in Millions except Per Share data.

1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Assets          
Cash & Equivalents 2,202 2,130 2,106 2,370 2,580
Receivables 559 418 388 290 481
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 219 179 192 183 168
Total Current Assets 2,980 2,727 2,686 2,843 3,229
Net Property & Equipment 48 50 49 54 59
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 242 220 218 208 210
Intangibles 5,588 5,603 5,617 5,633 5,641
Deposits & Other Assets 48 49 51 48 46
Total Assets 8,989 8,740 8,713 8,900 9,307
Liabilities & Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 12 11 13 10 12
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 282 276 218 179 211
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,488 1,256 1,225 1,173 1,242
Total Current Liabilities 1,782 1,543 1,456 1,362 1,465
Mortgages 0 0 0 0 0
Deferred Taxes/Income 23 18 17 14 18
Convertible Debt 1,154 1,302 1,451 1,831 2,193
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 30 27 25 23
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,101 3,010 3,073 3,366 3,841
Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 8,724 8,534 8,359 8,148 7,974
Retained Earnings -2,830 -2,786 -2,705 -2,594 -2,475
Other Equity -6 -18 -14 -20 -33
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 5,888 5,730 5,640 5,534 5,466
Total Liabilities & Shareholder's Equity 8,989 8,740 8,713 8,900 9,307
Total Common Equity 5,888 5,730 5,640 5,534 5,466
Shares Outstanding 167.40 165.30 164.00 162.30 161.20
Book Value Per Share 35.17 34.66 34.39 34.10 33.91