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 March 5, 2026, OKTA stock price climbed to $79.65 with 8,191,251 million shares trading.

OKTA has a beta of 1.02, meaning it tends to be more sensitive to market movements. OKTA has a correlation of 0.13 to the broad based SPY ETF.

OKTA has a market cap of $14.04 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): VTI, IJH, CIBR, VB, VGT.

OKTA has underperformed the market in the last year with a price return of -26.5% while the SPY ETF gained +19.4%. OKTA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.3% and -4.0%, respectively, while the SPY returned -0.2% and -0.7%, respectively.

OKTA support price is $69.25 and resistance is $74.23 (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.