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Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
Future Trajectory | Analyst price targets range from $100 to $140, with an average of $123.50, reflecting varied perspectives on Okta's growth potential and market position |
Competitive Landscape | Uncover Okta's strengths in IAM and challenges in PAM and identity governance, as it navigates competition from tech giants and specialized vendors |
AI-Driven Expansion | Delve into Okta's strategic positioning in AI-related security, leveraging partnerships like OpenAI to drive innovation and capture emerging opportunities |
Okta's Market Pulse | Explore Okta's robust 14% cRPO growth and raised revenue guidance, signaling strong demand and resilience in the identity security market |

Metrics to compare | OKTA | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipOKTAPeersSector | |
|---|---|---|---|---|
P/E Ratio | 50.7x | 1.9x | 12.7x | |
PEG Ratio | 0.02 | 0.17 | 0.01 | |
Price / Book | 1.7x | 7.2x | 2.4x | |
Price / LTM Sales | 4.1x | 6.2x | 2.3x | |
Upside (Analyst Target) | 56.0% | 33.2% | 26.9% | |
Fair Value Upside | Unlock | 14.5% | 3.4% | Unlock |