Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 76.415 USD 1.28% Market Closed
Market Cap: 13B USD
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Okta Inc
Short-Term Investments

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Okta Inc
Short-Term Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Short-Term Investments CAGR 3Y CAGR 5Y CAGR 10Y
Okta Inc
NASDAQ:OKTA
Short-Term Investments
$1.8B
CAGR 3-Years
-6%
CAGR 5-Years
39%
CAGR 10-Years
N/A
Cloudflare Inc
NYSE:NET
Short-Term Investments
$1.6B
CAGR 3-Years
11%
CAGR 5-Years
62%
CAGR 10-Years
N/A
GoDaddy Inc
NYSE:GDDY
Short-Term Investments
$0
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Snowflake Inc.
NYSE:SNOW
Short-Term Investments
$2.1B
CAGR 3-Years
-12%
CAGR 5-Years
33%
CAGR 10-Years
N/A
MongoDB Inc
NASDAQ:MDB
Short-Term Investments
$973.9m
CAGR 3-Years
14%
CAGR 5-Years
31%
CAGR 10-Years
N/A
Verisign Inc
NASDAQ:VRSN
Short-Term Investments
$377.6m
CAGR 3-Years
-26%
CAGR 5-Years
-20%
CAGR 10-Years
-11%
No Stocks Found

Okta Inc
Glance View

Market Cap
13B USD
Industry
Technology

Okta Inc., a leader in identity and access management, empowers organizations to secure their digital environments through a cloud-based platform that simplifies how users authenticate and interact with applications. Founded in 2009, Okta has rapidly grown to become an integral technology partner for thousands of businesses, from startups to Fortune 500 companies, looking to enhance security while providing seamless user experiences. By enabling Single Sign-On (SSO) and adaptive multi-factor authentication, Okta not only protects sensitive data but also helps companies streamline their operations and reduce IT costs. Their innovative solutions resonate especially in an era of increased cybersecurity threats and remote work, setting the stage for future growth. For investors, Okta presents a compelling opportunity that reflects the broader transition toward cloud services and digital transformation. With a robust revenue growth trajectory, characterized by a significant increase in recurring subscription revenues, Okta continues to expand its market share through strategic partnerships and product iterations. The company’s recent forays into areas such as automation and enhanced user experience analytics position it favorably against competitors in the rapidly evolving cybersecurity landscape. As organizations prioritize security and user management, Okta's proven capabilities and expanding influence underscore its promise as a resilient player in the tech market, making it an attractive consideration for forward-looking investors.

OKTA Intrinsic Value
79.451 USD
Undervaluation 4%
Intrinsic Value
Price

See Also

What is Okta Inc's Short-Term Investments?
Short-Term Investments
1.8B USD

Based on the financial report for Jul 31, 2024, Okta Inc's Short-Term Investments amounts to 1.8B USD.

What is Okta Inc's Short-Term Investments growth rate?
Short-Term Investments CAGR 5Y
39%

Over the last year, the Short-Term Investments growth was 5%. The average annual Short-Term Investments growth rates for Okta Inc have been -6% over the past three years , 39% over the past five years .

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