NASDAQ:OKTA Stock Quote
Okta, Inc. is a leading identity and access management company that provides a robust platform for secure user authentication and authorization
It offers solutions that enable organizations to manage and secure user identities across various applications and devices, ensuring that the right individuals have the appropriate access to company resources. By leveraging advanced technologies like single sign-on and multi-factor authentication, Okta helps businesses enhance security, streamline user experiences, and simplify the management of user credentials, ultimately empowering them to operate more efficiently in a digital-first world.
Frequently Asked Questions
How does Okta measure success?
Okta measures success through various key performance indicators (KPIs) such as subscription revenue growth, customer retention rates, and the number of active users on its platform. The company also closely monitors customer feedback and satisfaction to ensure that its products continually meet the evolving needs of its clients.
How does Okta, Inc. contribute to security in the cloud?
Okta, Inc. enhances cloud security by providing solutions that enforce strong authentication protocols and manage user identities across different applications. By centralizing access permissions and ensuring that users are who they say they are, Okta helps prevent unauthorized access and safeguards sensitive data stored in cloud environments.
How does Okta, Inc. generate revenue?
Okta, Inc. generates revenue primarily through subscription-based licensing of its identity management services. The company offers various pricing tiers depending on the features and functionalities utilized by its clients, allowing for flexibility in scaling solutions as organizational needs evolve.
How does Okta, Inc. support customer success?
Okta, Inc. is committed to customer success by providing comprehensive support services, including training, implementation guidance, and dedicated account management. Additionally, the company offers extensive resources such as documentation, customer forums, and best practice guides to assist organizations in maximizing the value of their identity solutions.
What are some recent developments or acquisitions by Okta?
Okta has made several strategic acquisitions in recent years to enhance its product offerings and expand its capabilities, including the acquisition of Auth0 in 2021, which allowed Okta to broaden its developer-focused identity solutions. Such developments highlight Okta's commitment to innovation and leadership in the identity management space.
What are the challenges facing Okta, Inc.?
Like many companies in the tech industry, Okta, Inc. faces challenges including intense competition from other identity and access management providers, rapidly evolving cybersecurity threats, and the need to continuously innovate to meet client expectations. Balancing scalability with security while addressing customer needs in a dynamic market also presents an ongoing challenge.
What are the competitive advantages of Okta, Inc.?
Okta, Inc. holds several competitive advantages in the identity management market, including its extensive integration network, robust security features, scalable solutions, and a strong focus on user experience. Additionally, its commitment to continuous innovation and customer-centric approach further solidify its position as a trusted leader in the industry.
What are the main products offered by Okta, Inc.?
Okta, Inc. offers a comprehensive suite of products designed for identity and access management. Key offerings include Single Sign-On (SSO), Multi-Factor Authentication (MFA), Lifecycle Management, and API Access Management, all designed to enhance security and user experience across various applications and environments.
What does Okta, Inc. do?
Okta, Inc. is a publicly traded company specializing in identity and access management solutions. It provides a platform that enables organizations to securely connect people to the applications and services they need, whether accessed from on-premises or cloud environments. Okta helps businesses manage employee and customer identities, ensuring secure access while simplifying user experiences.
What industries does Okta, Inc. serve?
Okta, Inc. serves a diverse range of industries including technology, healthcare, finance, government, education, and retail. Its flexible identity and access management solutions can be tailored to meet the unique security and compliance needs of organizations across different sectors.
What is Multi-Factor Authentication (MFA) and why is it important?
Multi-Factor Authentication (MFA) adds an extra layer of security beyond just a password by requiring users to verify their identity using multiple methods. This can include something they know (like a password), something they have (like a smartphone), or something they are (biometric factors). MFA is important because it significantly reduces the likelihood of unauthorized access, even if passwords are compromised.
What is Okta's vision for the future?
Okta's vision for the future revolves around enabling secure connections between people and technology. The company aims to continue innovating in identity solutions, harnessing emerging technologies such as machine learning and artificial intelligence to enhance security and user experience as businesses evolve in an increasingly digital landscape.
What is Okta’s approach to partner integration?
Okta places a strong emphasis on partner integration through its Okta Integration Network (OIN), which features thousands of pre-built integrations with various applications and services. This extensive network allows organizations to connect Okta with their existing tools seamlessly, ensuring a unified identity management experience for users.
What is Single Sign-On (SSO) and how does Okta implement it?
Single Sign-On (SSO) allows users to log in once and gain access to multiple applications without needing to sign in again for each one. Okta implements SSO by integrating with a wide range of applications, enabling seamless authentication while ensuring that security best practices are maintained throughout the user experience.
What is the significance of identity management for businesses?
Identity management is crucial for businesses as it helps secure sensitive information and systems by controlling who has access to what resources. Effective identity management mitigates risks associated with data breaches, ensures compliance with regulatory requirements, and enhances user productivity and satisfaction by simplifying access to necessary applications.
What stock exchange is Okta, Inc. listed on?
Okta, Inc. is listed on the Nasdaq stock exchange under the ticker symbol OKTA. The company went public in April 2017 and has been trading on Nasdaq since that time, attracting interest from investors looking to capitalize on growth in the cloud and identity management sectors.
When was Okta, Inc. founded?
Okta, Inc. was founded in 2009 by Todd McKinnon and Frederic Kerrest. The company emerged with the aim of providing secure identity solutions for enterprises navigating the challenges of cloud adoption and digital transformation. Okta has since grown to be a key player in the identity management market.
Where is Okta, Inc. headquartered?
Okta, Inc. is headquartered in San Francisco, California. This strategic location allows the company to be at the heart of the tech industry, facilitating collaboration and innovation within Silicon Valley and beyond.
Who are Okta, Inc.'s target customers?
Okta, Inc. primarily targets organizations of all sizes looking to enhance security and streamline user access to applications. This includes large enterprises, small and medium-sized businesses, and educational institutions across various sectors, including technology, healthcare, finance, and government.
What is the current price of Okta, Inc. - Class A Common Stock?
The current price of Okta, Inc. - Class A Common Stock is 105.55
When was Okta, Inc. - Class A Common Stock last traded?
The last trade of Okta, Inc. - Class A Common Stock was at 3:32 pm EDT on April 2nd, 2025
What is the market capitalization of Okta, Inc. - Class A Common Stock?
The market capitalization of Okta, Inc. - Class A Common Stock is 13.91B
How many shares of Okta, Inc. - Class A Common Stock are outstanding?
Okta, Inc. - Class A Common Stock has 131.78M shares outstanding.