Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Very low or no dividends
About
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/
Target Price
The average target price of OKTA is 116 and suggests 29% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
