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 August 28, 2026, OKTA stock price declined to $166.23 with 4,069,573 million shares trading.

OKTA has a beta of 1.10, meaning it tends to be more sensitive to market movements. OKTA has a correlation of 0.05 to the broad based SPY ETF.

OKTA has a market cap of $29.06 billion. This is considered a Large Cap stock.

Last quarter Okta - Class A reported $805 million in Revenue and $1.05 earnings per share. This beat revenue expectation by $12 million and exceeded earnings estimates by $.19.

In the last 3 years, OKTA traded as high as $174.85 and as low as $62.66.

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

OKTA has outperformed the market in the last year with a price return of +79.5% while the SPY ETF gained +19.7%. OKTA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +75.5% and +12.8%, respectively, while the SPY returned +2.2% and -0.9%, respectively.

OKTA support price is $166.58 and resistance is $179.24 (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.