OKTA · NASDAQ · STOCK
Okta (OKTA) Stock Analysis
$232.16
52W $62.66 – $232.98
61/100
$38.56B
137.4
0.73
Is OKTA Bullish or Bearish?
Bullish.
Innellis AI committee rates Okta, Inc. (OKTA) Buy with a composite score of 61/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +14.01 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -5.99 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — eps growing 79.2% yoy. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- EPS growing 79.2% YoY — Growth
- 5 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- P/E of 135.6 is expensive by classic value standards — Value
- ROE of only 4.3% -- cheap may mean cheap for a reason — Value
- RSI at 84 is in overbought territory — Technical
- Price trading above the upper Bollinger Band -- stretched — Technical
- Weekly RSI at 88 -- overbought on the larger timeframe too — Technical
- Bollinger bandwidth of 26.8% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
61/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 30%
of 287 Technology peers
Value Analyst
neutral
44
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
− P/E of 135.6 is expensive by classic value standards
Growth Analyst
bullish
79
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ EPS growing 79.2% YoY
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 84 is in overbought territory
Risk Analyst
neutral
58
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.05) -- balance sheet can absorb a shock
− Bollinger bandwidth of 26.8% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
60
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 60.3 to 61.0.
- New bearish signals: 5 appeared.
- Bearish pressure eased: 4 signal(s) disappeared.
Analyst-level changes:
- News Analyst: score 55->60 (+4).
- Risk Analyst: +1 bearish signal(s).
- Technical Analyst: +3 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
83.7
Overbought
MACD Histogram
1.031
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$226.14
Resistance
$251.18
Bollinger %B
1.02
Above Upper Band
Price vs Moving Averages
EMA 9
$216.64
Above
EMA 21
$202.99
Above
EMA 50
$179.94
Above
EMA 200
$131.31
Above
Fundamental Analysis
Valuation
31
Growth
85
Profitability
47
Financial Health
80
Cash Flow
70
Valuation
P/E Ratio
137.4×
P/B Ratio
5.80×
PEG Ratio
1.81
Dividend Yield
0.00%
52W High
$232.98
52W Low
$62.66
Quality & Growth
ROE
335.8%
ROA
242.0%
Gross Margin
7813.2%
Operating Margin
768.0%
Revenue Growth YoY
—
Debt / Equity
0.01
AI Fundamental Assessment
P/E ratio of 137.4 (rich relative to a 15-40x range); Price-to-book of 5.8x; PEG ratio of 1.8 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 3.4%; Return on assets of 2.4%; Net margin of 9.6%; Gross margin of 78.1%; Current ratio of 1.53 (healthy short-term liquidity); Debt-to-equity of 0.01; Free cash flow per share is positive (5.58); Most recent quarter beat estimates by 6.4%; 5 consecutive earnings beats; EPS growth accelerating (+1.1% -> +15.4% QoQ); Average YoY EPS growth of 15.4%; Analyst estimates rising over recent quarters
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