OKTA · NASDAQ · STOCK
Okta (OKTA) Stock Analysis
$187.19
52W $62.66 – $235.00
61/100
$34.85B
123.4
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 67% agreement.
Last updated October 16, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +13.66 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 — -6.34 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 2739.42). 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
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
- Low leverage (debt-to-equity 0.05) -- balance sheet can absorb a shock — Risk
Bear Case
- P/E of 123.0 is expensive by classic value standards — Value
- ROE of only 4.3% -- cheap may mean cheap for a reason — Value
- MACD histogram negative -- bearish momentum — Technical
- Bollinger bandwidth of 24.0% 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 16, 2026
Overall Committee Score
61/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 20%
of 287 Technology peers
Value Analyst
neutral
44
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
− P/E of 123.0 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
− MACD histogram negative -- bearish momentum
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 24.0% 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
bullish
62
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
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 2739.42)
Investment Thesis Evolution
Committee score moved marginally from 62.1 to 61.3.
- New bearish signals: 3 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 3 signal(s) disappeared.
Analyst-level changes:
- News Analyst: score 66->62 (-4).
- Portfolio Manager: +1 bearish signal(s).
- Risk Analyst: +1 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-15 to 2026-10-16 (1 day apart).
Technical Analysis
RSI (14)
42.8
Neutral
MACD Histogram
-1.893
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$200.68
Resistance
$231.25
Bollinger %B
0.47
Inside Bands
Price vs Moving Averages
EMA 9
$216.58
Below
EMA 21
$207.64
Below
EMA 50
$185.59
Above
EMA 200
$134.72
Above
Fundamental Analysis
Valuation
37
Growth
85
Profitability
47
Financial Health
80
Cash Flow
70
Valuation
P/E Ratio
123.4×
P/B Ratio
5.21×
PEG Ratio
1.62
Dividend Yield
0.00%
52W High
$235.00
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 123.4 (rich relative to a 15-40x range); Price-to-book of 5.2x; PEG ratio of 1.6 (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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