Okta, Inc.

Okta, Inc.

Okta is an identity and access management company that provides secure identity solutions.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Okta's stock with a target price of $119.27, indicating significant growth potential.

Above Average

Financial Health

Okta is performing well with strong revenue, good cash flow, and solid profit margins.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring OKTA

Trusted Partners (Oracle MSFT NET CYBR & More)

Trusted Partners (Oracle MSFT NET CYBR & More)

Oracle's reported deal to manage TikTok's U.S. operations highlights a critical need for trusted technology partners to navigate geopolitical tensions. This creates an investment opportunity in U.S. companies that provide secure data infrastructure and cybersecurity services to foreign firms.

Published: September 16, 2025

Explore Basket
Digital Trust & Safety Investing Explained

Digital Trust & Safety Investing Explained

Following whistleblower allegations that Meta ignored child safety risks in its VR products, the tech industry is facing intense pressure to better protect its users. This creates an investment opportunity in companies that provide essential digital safety solutions, such as identity verification and content moderation.

Published: September 10, 2025

Explore Basket
Cloud Security's IPO Catalyst

Cloud Security's IPO Catalyst

Cybersecurity firm Netskope has filed for a U.S. IPO, signaling strong growth in the cloud security market. This move highlights an investment opportunity among publicly traded companies specializing in Secure Access Service Edge (SASE) and zero-trust technologies.

Published: August 24, 2025

Explore Basket
The HR Tech Takeover: AI-Driven Consolidation

The HR Tech Takeover: AI-Driven Consolidation

SAP's acquisition of SmartRecruiters highlights a major consolidation trend in the HR technology sector, driven by the demand for AI-powered talent management. This creates an investment opportunity focused on other specialized HR tech companies that are potential acquisition targets or key partners for large enterprise software vendors.

Published: August 4, 2025

Explore Basket
Identity Security In Play: After The Mega-Deal

Identity Security In Play: After The Mega-Deal

Palo Alto Networks is nearing a deal to acquire CyberArk, a major player in identity management, for over $20 billion. This consolidation at the top of the cybersecurity industry could create significant opportunities for other specialized identity security firms to grow or be acquired.

Published: July 30, 2025

Explore Basket
Digital Trust & Safety

Digital Trust & Safety

This carefully selected group of stocks features companies leading the charge in cybersecurity, identity verification, and content moderation. As platforms like Meta shift focus from growth to quality, these companies provide the essential tools needed to combat fake accounts, misinformation, and digital threats.

Published: July 15, 2025

Explore Basket
Digital Identity Gatekeepers

Digital Identity Gatekeepers

These companies are the bouncers of the digital economy, creating the critical technologies that verify who's who online. As fraud becomes more sophisticated, these stocks represent the businesses building our digital trust infrastructure.

Published: June 17, 2025

Explore Basket
Zero-Knowledge Economy

Zero-Knowledge Economy

Discover a carefully curated selection of companies at the forefront of privacy-preserving cryptography. These stocks have been handpicked by our expert analysts for their potential to transform how data is used securely in the digital economy, without ever compromising confidentiality.

Published: June 17, 2025

Explore Basket
Privacy-As-A-Service Guardians

Privacy-As-A-Service Guardians

Discover companies at the frontline of digital defense, carefully selected by our expert analysts. These innovators are building the essential infrastructure protecting our personal and corporate data in an increasingly vulnerable digital world.

Published: June 17, 2025

Explore Basket
Work From Anywhere Kit

Work From Anywhere Kit

This carefully curated collection features companies that are building the digital backbone of remote work. Our analysts have selected leaders in cloud collaboration, cybersecurity, and digital infrastructure that are essential to the modern flexible workplace.

Published: June 17, 2025

Explore Basket
Win-Win Partners

Win-Win Partners

Looking beyond competition to collaboration, these carefully selected stocks are building the future through powerful partnerships. Our professional analysts have identified companies creating shared value and ecosystem-driven growth that's more resilient than traditional business models.

Published: June 17, 2025

Explore Basket
SaaS & Cloud Computing

SaaS & Cloud Computing

Invest in the digital revolution that's reshaping how businesses operate worldwide. This collection of carefully selected stocks represents companies at the forefront of software innovation, cloud technology, and digital transformation.

Published: May 23, 2025

Explore Basket
Cyber Security

Cyber Security

Your cyber safety is these companies' priority. Explore this carefully selected group of stocks that protect our digital world, chosen by professional analysts tracking the rapidly expanding cybersecurity market.

Published: May 6, 2025

Explore Basket

Why Youโ€™ll Want to Watch This Stock

โšก

Identity platform demand

Cloud migration and heightened security priorities boost demand for identity services, though growth can slow and competition is intense.

๐Ÿ“ˆ

Recurring revenue model

Subscription contracts support predictable revenue and renewal focus, but margins and profitability can vary as the company invests to expand.

๐ŸŒ

Competition and scale

Major tech firms and niche vendors pressure pricing and market share; scale, integrations and execution help determine long-term outcomes.

Why invest with Nemo?

Nemo Logo Fade
๐Ÿ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

๐Ÿ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

๐Ÿ’ฐ

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

MSFT

Microsoft Corporation

Microsoft is a tech company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

GOOG

Alphabet Inc. - Class C Shares

Alphabet Inc. - Class C Shares is a technology company that offers web-based services, digital media, cloud computing and other services.

GOOGL

Alphabet Inc (Google)

Alphabet - A is a technology company that offers web-based services, digital media, cloud computing and other services.

Frequently asked questions