Okta (OKTA) closed at $80.11, down 1.14% from the prior day, while the S&P 500 gained 0.38%. The stock has fallen by 9.41% in the past month, lagging behind the Technology sector and the S&P 500.

Okta’s upcoming earnings report on December 2, 2025, is expected to show an EPS of $0.75, a 11.94% increase from the previous year. Analysts predict a revenue of $729.17 million, up by 9.65%. The Zacks Consensus Estimates forecast a full-year earnings of $3.37 per share and revenue of $2.88 billion, with positive analyst revisions indicating confidence in the company’s performance.

Okta currently holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 24.04, lower than the industry average of 66.53. The stock also has a PEG ratio of 1.38, indicating potential undervaluation compared to the Security industry’s average PEG ratio of 2.69. The Security industry is ranked within the top 21% of over 250 industries, with the Zacks Industry Rank showing promising strength within the sector.

Research Chief picks Okta as the “Single Best Pick to Double” with potential for explosive upside. The company targets millennial and Gen Z audiences, generating significant revenue. Now could be an ideal time to invest in Okta, with the possibility of significant growth ahead.

Read more at Nasdaq: Okta (OKTA) Stock Dips While Market Gains: Key Facts