OKTA Stock Summary and Trading Ideas (Okta - Class A | NASDAQ:OKTA)

Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees, contractors, and partners to securely access its cloud-based and on-premises resources. The firm's customer offering, delivered via its Auth0 platform, allow clients to provide secure access experiences to their own end users.

Okta - Class A trades on the NASDAQ stock market under the symbol OKTA.

As of April 2, 2026, OKTA stock price climbed to $80.19 with 2,891,677 million shares trading.

OKTA has a beta of 1.26, meaning it tends to be more sensitive to market movements. OKTA has a correlation of 0.23 to the broad based SPY ETF.

OKTA has a market cap of $14.14 billion. This is considered a Large Cap stock.

Last quarter Okta - Class A reported $761 million in Revenue and $.90 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.28.

In the last 3 years, OKTA traded as high as $127.57 and as low as $65.04.

The top ETF exchange traded funds that OKTA belongs to (by Net Assets): IJH, VTI, VB, CIBR, VGT.

OKTA has underperformed the market in the last year with a return of -23.4%, while the SPY ETF gained +18.2%. In the last 3 month period, OKTA fell short of the market, returning -7.3%, while SPY returned -3.6%. However, in the most recent 2 weeks OKTA has outperformed the stock market by returning +2.2%, while SPY returned -0.6%.

OKTA support price is $76.80 and resistance is $81.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OKTA shares will trade within this expected range on the day.