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 9, 2026, OKTA stock price declined to $79.71 with 2,623,646 million shares trading.

OKTA has a beta of 0.89, meaning it tends to be less sensitive to market movements. OKTA has a correlation of 0.09 to the broad based SPY ETF.

OKTA has a market cap of $14.05 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 return of -28.3%, while the SPY ETF gained +19.7%. In the last 3 month period, OKTA fell short of the market, returning -7.2%, while SPY returned -0.8%. However, in the most recent 2 weeks OKTA has outperformed the stock market by returning +7.3%, while SPY returned -1.6%.

OKTA support price is $77.98 and resistance is $83.46 (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.