Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Okta, Inc. before investing.

In this article, we go over a few key elements for understanding Okta, Inc.’s stock price such as:

• Okta, Inc.’s current stock price and volume
• Why Okta, Inc.’s stock price changed recently
• Upgrades and downgrades for OKTA from analysts
• OKTA’s stock price momentum as measured by its relative strength

About Okta, Inc. (OKTA)

Before we jump into Okta, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

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.

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Okta, Inc.’s Stock Price as of Market Close

As of May 14, 2026, 9:59 AM, CST, Okta, Inc.’s stock price was $78.060.

Okta, Inc. is down 0.18% from its previous closing price of $78.200.

During the last market session, Okta, Inc.’s stock traded between $77.500 and $79.400. Currently, there are approximately 177.32 million shares outstanding for Okta, Inc..

Okta, Inc.’s price-earnings (P/E) ratio is currently at 59.6, which is high compared to the IT Services industry median of 19.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Okta, Inc. Stock Price History

Okta, Inc.’s (OKTA) price is currently up 5.99% so far this month.

During the month of May, Okta, Inc.’s stock price has reached a high of $84.700 and a low of $75.010.

Over the last year, Okta, Inc. has hit prices as high as $127.567 and as low as $62.660. Year to date, Okta, Inc.’s stock is down 9.73%.

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What Caused Okta, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 13, 2026, there were 0 analysts who downgraded Okta, Inc.’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Okta, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Okta, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Okta, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Okta, Inc. (OKTA) by visiting AAII Stock Evaluator.

Relative Price Strength of Okta, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 13, 2026, Okta, Inc. has a weighted four-quarter relative price strength of -15.20%, which translates to a Momentum Score of 17 and is considered to be Very Weak.

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Okta, Inc. Stock Price: Bottom Line

As of May 14, 2026, Okta, Inc.’s stock price is $78.060, which is down 0.18% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Okta, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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