Okta Inc (NASDAQ:OKTA) shares, rose in value, with the stock price down by -1.01% to the previous day’s close as strong demand from buyers drove the stock to $93.46.
Actively observing the price movement in the recent trading, the stock is buoying the session at $94.41, falling within a range of $93.16 and $94.61. The value of beta (5-year monthly) is 0.841 whereas the PE ratio is 145.10 over 12-month period. Referring to stock’s 52-week performance, its high was $127.57, and the low was $70.56. On the whole, OKTA has fluctuated by -7.26% over the past month.
With the market capitalization of Okta Inc currently standing at about $16.36 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-27.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OKTA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 11.71, with the price of OKTA currently trading nearly -4.81% and -13.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.82, while the 7-day volatility ratio is showing 2.60% which for the 30-day chart, stands at 2.40%. Furthermore, Okta Inc (OKTA)’s beta value is 0.80.
A comparison of Okta Inc (OKTA) with its peers suggests the former has fared considerably weaker in the market. OKTA showed an intraday change of -1.01% in today’s session so far, and over the past year, it grew by 18.60%%.
Data on historical trading for Okta Inc (NASDAQ:OKTA) indicates that the trading volumes over the past 10 days have averaged 2.95 and over the past 3 months, they’ve averaged 4.01 million. According to company’s latest data on outstanding shares, there are 167.16 million shares outstanding.
Nearly 5.10% of Okta Inc’s shares belong to company insiders and institutional investors own 85.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.98 million shares as on 2025-06-13, resulting in a short ratio of 1.42. According to the data, the short interest in Okta Inc (OKTA) stood at 468.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 7.23 million. The stock has fallen by -1.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OKTA stock heading into the next quarter.
