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 July 30, 2026, OKTA stock price climbed to $140.42 with 2,556,525 million shares trading.

OKTA has a beta of 0.98, meaning it tends to be less sensitive to market movements. OKTA has a correlation of 0.04 to the broad based SPY ETF.

OKTA has a market cap of $24.41 billion. This is considered a Large Cap stock.

Last quarter Okta - Class A reported $765 million in Revenue and $.91 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.17.

In the last 3 years, OKTA traded as high as $157.00 and as low as $62.66.

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

OKTA has outperformed the market in the last year with a return of +41.9%, while the SPY ETF gained +17.9%. In the last 3 month period, OKTA beat the market returning +84.4%, while SPY returned +4.5%. However, in the most recent 2 weeks OKTA has underperformed the stock market by returning -6.9%, while SPY returned -1.7%.

OKTA support price is $131.68 and resistance is $142.14 (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.