Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 83.28 USD 1.95% Market Closed
Market Cap: 14.1B USD
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Okta Inc
Research & Development

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Okta Inc
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
Okta Inc
NASDAQ:OKTA
Research & Development
-$641m
CAGR 3-Years
-19%
CAGR 5-Years
-34%
CAGR 10-Years
N/A
Cloudflare Inc
NYSE:NET
Research & Development
-$397.6m
CAGR 3-Years
-35%
CAGR 5-Years
-38%
CAGR 10-Years
N/A
GoDaddy Inc
NYSE:GDDY
Research & Development
-$817.7m
CAGR 3-Years
-6%
CAGR 5-Years
-11%
CAGR 10-Years
-13%
Snowflake Inc.
NYSE:SNOW
Research & Development
-$1.3B
CAGR 3-Years
-76%
CAGR 5-Years
-80%
CAGR 10-Years
N/A
MongoDB Inc
NASDAQ:MDB
Research & Development
-$592m
CAGR 3-Years
-29%
CAGR 5-Years
-35%
CAGR 10-Years
N/A
Verisign Inc
NASDAQ:VRSN
Research & Development
-$94.7m
CAGR 3-Years
-6%
CAGR 5-Years
-9%
CAGR 10-Years
-3%
No Stocks Found

Okta Inc
Glance View

Market Cap
14.3B USD
Industry
Technology
Economic Moat
None

In the bustling realm of digital identity management, Okta Inc. stands as a pivotal player, shaping the landscape of how businesses secure their systems and streamline user access. Founded in 2009, Okta has carved a niche by serving as the digital gateway for companies, enabling seamless and secure user authentication across all applications and devices. At its core, Okta's offerings revolve around cloud-based software that interconnects identity management, providing companies with unparalleled control and assurance over who has access to their digital realms. With cybersecurity threats on the rise, Okta's services have become indispensable for companies needing robust security solutions without compromising user convenience. Okta's business model centers on a subscription-based revenue stream, capitalizing on the increasing demand for scalable security solutions in a cloud-centric world. By offering Identity as a Service (IDaaS), Okta enables enterprises to offload the complexities of identity management onto a reliable partner, thus allowing them to refocus on their core business operations. This model not only ensures a steady influx of revenue through subscriptions but also fosters a loyal customer base, attracted by the prospect of continuously updated and improved security measures. Through strategic partnerships and a comprehensive suite of identity solutions, Okta not only builds a robust ecosystem around digital identity but also positions itself as a linchpin in the broader tapestry of enterprise digital transformation.

OKTA Intrinsic Value
78.28 USD
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Okta Inc's Research & Development?
Research & Development
-641m USD

Based on the financial report for Oct 31, 2024, Okta Inc's Research & Development amounts to -641m USD.

What is Okta Inc's Research & Development growth rate?
Research & Development CAGR 5Y
-34%

Over the last year, the Research & Development growth was 2%. The average annual Research & Development growth rates for Okta Inc have been -19% over the past three years , -34% over the past five years .

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