Based on a composite score of 4.27/10, we rate OKTA as a Netural. Our analysis breaks down into 4.03/10 for Fundamentals, 2.82/10 for Technicals, and 5.12/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Technical Analysis of OKTA?
OKTA presents a Underperform setup with a Technical Score of 2.82/10. Key technical indicators highlight an RSI of 47.91 and a MACD of -1.51, with the trend anchored by the 50-Day SMA at 88.09. Traders should monitor key support at 80.78 and resistance at 84.41.
Is OKTA undervalued or overvalued?
OKTA scores 4.03/10 on fundamentals and holds a Fair valuation at present. Backed by its 2.59% ROE, 6.87% net margin, 78.84 P/E ratio, 2.23 P/B ratio, and 582.61% earnings growth, these metrics solidify its Netural investment rating.
What is the analyst consensus for OKTA?
OKTA holds a Bearish analyst rating, with 67% of experts assigning a Buy grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 5.12/10 (Netural).
Is OKTA a Good Buy Right Now?
Based on a composite score of 4.27/10, we rate OKTA as a Netural. Our analysis breaks down into 4.03/10 for Fundamentals, 2.82/10 for Technicals, and 5.12/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Is OKTA undervalued or overvalued?
OKTA scores 4.03/10 on fundamentals and holds a Fair valuation at present. Backed by its 2.59% ROE, 6.87% net margin, 78.84 P/E ratio, 2.23 P/B ratio, and 582.61% earnings growth, these metrics solidify its Netural investment rating.
Technical Analysis of OKTA?
OKTA presents a Underperform setup with a Technical Score of 2.82/10. Key technical indicators highlight an RSI of 47.91 and a MACD of -1.51, with the trend anchored by the 50-Day SMA at 88.09. Traders should monitor key support at 80.78 and resistance at 84.41.
What is the analyst consensus for OKTA?
OKTA holds a Bearish analyst rating, with 67% of experts assigning a Buy grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 5.12/10 (Netural).
