Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Okta has executed a successful pivot to profitability, with operating margins swinging from -7.6% in 2025Q1 to 13.3% in 2027Q2, driven by disciplined SG&A control and gross margin expansion. However, this operational improvement is occurring against a backdrop...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated to 10.6% in 2027Q2, but operating margins have expanded significantly to 13.3%, demonstrating the emergence of operating leverage.
Okta is recognized as a leader in cloud identity management, providing secure and flexible access solutions for companies.
The company is leveraging early adoption of AI agents, positioning itself for future growth and innovation in identity management.
Okta has shown signs of improving profitability, which is a positive signal for long-term financial health and investor confidence.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 26, 2026 | $1.05+8.8% vs $0.96 | $805M+1.5% vs $793M |
Q2 2026 May 28, 2026 | $0.91+6.7% vs $0.85 | $765M+1.7% vs $752M |
Q2 2026 Mar 4, 2026 | $0.90+6.4% vs $0.85 | $761M+1.5% vs $750M |
Q4 2025 Dec 2, 2025 | $0.82+8.2% vs $0.76 | $742M+1.5% vs $731M |
Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Cybersecurity stocks are extending last week's advance into Monday's midday session, and the leaders today are identity and endpoint names rather than the network security franchise. CrowdStrike Holdings (NASDAQ:CRWD | CRWD Price Prediction) stock is up 4.02% to $247.

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced the appointment of Helen Riley to the company's board of directors, effective as of today.“Helen brings two decades of deep financial and operational experience from her time at companies solving some of the world's most challenging problems with AI,” said Todd McKinnon, Okta CEO and Co-Founder. “Her perspective will be invaluable as we seize the growing opportunity to secure AI.

Okta is getting a lift from the growing importance of AI-driven cybersecurity. The company's backlog is growing nicely.

Benchmark OKTA against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Okta, Inc. (OKTA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $196.62 | $32.66B | 150.09 | 11.84% | 8.05% | 3.51% | — | |
| $21.37 | $12.12B | -41.10 | 24.35% | -16.92% | -2.88% | — | |
| $408.85 | $20.64B | -139.54 | 36.01% | -10.79% | -6.11% | — | |
| $20.51 | $1.24B | 19.72 | -0.13% | 6.87% | 4.6% | — | |
| $210.18 | $33.99B | -778.44 | 23.31% | -1.88% | -2.76% | — | |
| $250.06 | $254.63B | -1562.88 | 21.71% | 1.08% | 1.27% | — |
Okta, Inc. (OKTA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Okta, Inc. (OKTA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 26, 2026·SEC
May 28, 2026·SEC
Apr 22, 2026·SEC
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Okta, Inc. (OKTA) stock FAQ — growth, dividends, profitability & financials explained
Okta, Inc. (OKTA) reported $3.07B in revenue for fiscal year 2026. This represents a 7393% increase from $41.0M in 2015.
Okta, Inc. (OKTA) grew revenue by 11.8% over the past year. This is steady growth.
Yes, Okta, Inc. (OKTA) is profitable, generating $296.0M in net income for fiscal year 2026 (8.1% net margin).
Okta, Inc. (OKTA) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.
Okta, Inc. (OKTA) generated $1.01B in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.