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

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.

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

As of December 23, 2025, OKTA stock price declined to $89.06 with 1,298,774 million shares trading.

OKTA has a beta of 0.95, meaning it tends to be less sensitive to market movements. OKTA has a correlation of 0.14 to the broad based SPY ETF.

OKTA has a market cap of $15.70 billion. This is considered a Large Cap stock.

Last quarter Okta - Class A reported $742 million in Revenue and $.82 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.29.

In the last 3 years, OKTA traded as high as $127.57 and as low as $62.40.

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

OKTA has underperformed the market in the last year with a return of +6.9%, while the SPY ETF gained +17.6%. In the last 3 month period, OKTA fell short of the market, returning -3.6%, while SPY returned +3.5%. However, in the most recent 2 weeks OKTA has outperformed the stock market by returning +2.0%, while SPY returned +0.9%.

OKTA support price is $89.11 and resistance is $92.77 (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.