Okta Inc (NASDAQ: OKTA)’s stock price has decreased by -0.71 compared to its previous closing price of 126.44. However, the company has seen a 1.20% increase in its stock price over the last five trading sessions. zacks.com reported 2025-05-20 that Okta OKTA and Fortinet FTNT are both major players in the field of cybersecurity. While OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data, Fortinet is a well-known provider of network security appliances and a Unified Threat Management network solution.
Is It Worth Investing in Okta Inc (NASDAQ: OKTA) Right Now?
Okta Inc (NASDAQ: OKTA) has a price-to-earnings ratio of 2142.32x that is above its average ratio. Additionally, the 36-month beta value for OKTA is 0.92. There are mixed opinions on the stock, with 18 analysts rating it as a “buy,” 8 rating it as “overweight,” 18 rating it as “hold,” and 0 rating it as “sell.”
The public float for OKTA is 166.22M and currently, short sellers hold a 3.13% ratio of that float. The average trading volume of OKTA on May 21, 2025 was 3.84M shares.
OKTA’s Market Performance
OKTA’s stock has seen a 1.20% increase for the week, with a 35.78% rise in the past month and a 29.45% gain in the past quarter. The volatility ratio for the week is 2.23%, and the volatility levels for the past 30 days are at 3.10% for Okta Inc The simple moving average for the last 20 days is 8.05% for OKTA stock, with a simple moving average of 39.22% for the last 200 days.
Analysts’ Opinion of OKTA
Many brokerage firms have already submitted their reports for OKTA stocks, with BMO Capital Markets repeating the rating for OKTA by listing it as a “Market Perform.” The predicted price for OKTA in the upcoming period, according to BMO Capital Markets is $135 based on the research report published on May 14, 2025 of the current year 2025.
Loop Capital, on the other hand, stated in their research note that they expect to see OKTA reach a price target of $140. The rating they have provided for OKTA stocks is “Buy” according to the report published on May 05th, 2025.
Roth Capital gave a rating of “Buy” to OKTA, setting the target price at $119 in the report published on April 23rd of the current year.
OKTA Trading at 14.64% from the 50-Day Moving Average
After a stumble in the market that brought OKTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.59% of loss for the given period.
Volatility was left at 3.10%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares surge +33.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.35% upper at present.
During the last 5 trading sessions, OKTA rose by +1.20%, which changed the moving average for the period of 200-days by +37.38% in comparison to the 20-day moving average, which settled at $116.19. In addition, Okta Inc saw 59.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OKTA starting from Addison Jonathan James, who sale 7,005 shares at the price of $101.19 back on Apr 11 ’25. After this action, Addison Jonathan James now owns 19,067 shares of Okta Inc, valued at $708,836 using the latest closing price.
Addison Jonathan James, the Officer of Okta Inc, proposed sale 7,005 shares at $101.19 during a trade that took place back on Apr 11 ’25, which means that Addison Jonathan James is holding shares at $708,836 based on the most recent closing price.
Stock Fundamentals for OKTA
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.76 for the gross margin
The net margin for Okta Inc stands at 0.01. The total capital return value is set at -0.01. Equity return is now at value 0.46, with 0.30 for asset returns.
Based on Okta Inc (OKTA), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.79. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -37.0.
Currently, EBITDA for the company is 25.0 million with net debt to EBITDA at 8.76. When we switch over and look at the enterprise to sales, we see a ratio of 8.25. The receivables turnover for the company is 4.2for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.
Conclusion
In conclusion, Okta Inc (OKTA) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
