OKTA

OktaC

Nasdaq / Software & Services

At close

2026-07-20

Current thesis

The quarter showed solid execution across revenue, backlog, operating income, and cash flow, and management highlighted large-enterprise strength, higher sales productivity, and traction in Identity Governance. That keeps the AI-agent narrative credible as a longer runway if it converts into bookings and backlog.

Posture

Mixed

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta -0.0.

What can break

AI-agent monetization is still early, so the valuation can de-rate quickly if the narrative outruns booked demand.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $109.00 · Bull $125.00 · Bear $80.00

Data freshness

Prices

As of 2026-07-20

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-20 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-20

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $126.92

Why

Momentum98 · Δ7d -0.0

Value50 · Δ7d -0.6

Sentiment19 · Δ7d -7.3

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

-0.0

Δ21d

-0.5

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.6

Δ21d

-0.4

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-7.3

Δ21d

-15.5

Why this grade

Composite grade C. Momentum 97.8 / Value 50.4 / Sentiment 18.5

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$25.79B

Beta

0.77

Shares Out

173.81M

P/E (TTM)

78.1

P/S (TTM)

5.47

P/FCF (TTM)

17.37

Rev YoY

+11.2%

EPS YoY

+20.1%

Gross Margin

+77.4%

Op Margin

+3.9%

Net Debt

-$2.13B

Current Ratio

1.36

As of 2026-07-20 • Updated nightlySource: Internal modelMethodology