Yes, iShares Expanded Tech-Software Sector ETF (IGV) holds OKTA with 0.13% (as of 2026-07-15).

Okta, Inc. (OKTA) is held by IGV (0.13%).

What AI bubble is OKTA in?

Okta, Inc. (OKTA) is mapped to the Enterprise SaaS AI bubble on QuantAbundancia. Classifier 2026-05-07: primary tier, corr 0.79 to ai-software centroid (29 obs, 2nd: hyperscalers 0.400). is_primary_bubble=FALSE.

What sector is OKTA in?

Okta, Inc. is classified under GICS Information Technology (Systems Software).

What is OKTA's last close price?

OKTA last closed at $147.74 on 2026-07-16.

OKTA

NASDAQNext earnings·Aug 25AnalystsBuy·42-17%

Okta, Inc.

Information Technology · Systems Software

$147.74last close

+62.2%~252d

Price

+62.23% over 1Y

6 curated levels

Thesis

as of 2026-07-16

Independent identity-as-a-service (IDaaS) - Workforce Identity Cloud (SSO/MFA for ~19K enterprises) + Auth0 (B2C customer identity). 87. McKinnon explicitly framing OKTA as the agent-identity layer; MSFT Entra is the structural competitor.

•2026-05-28 AMC - Q1 FY27 print: revenue $765M (+11% YoY), subscription $750M (+11%), GAAP/non-GAAP EPS both $0.91 (vs $0.86 non-GAAP prior year), free cash flow $271M (35% margin), cash $2.589Bn
•2026-05-28 - RPO $4.719Bn (+16% YoY), cRPO $2.499Bn (+12%) - bookings holding up vs the growth-deceleration concern
•2026-05-28 - FY27 guide raised: non-GAAP operating margin 25-26%, non-GAAP diluted EPS $3.79-3.87, non-GAAP FCF $855-885M (implied FCF margin ~25-26%)
•2026-05-28 - Q2 FY27 guide: non-GAAP diluted EPS $0.95-0.97, non-GAAP FCF $155-165M
•2026-05-28 - McKinnon (CEO) thematic frame: "AI agents are rapidly becoming a new workforce inside every organization... helping customers make identity the unified control plane for their secure agentic enterprise" - explicit positioning as the agent-identity layer
•2021 - Auth0 acquired for $6.5Bn; integrated as Customer Identity Cloud (B2C identity, ~20% of revenue mix)
•2022 - HAR-file breach via support partner (Sitel/Lapsus$); reputational damage took ~18 months to absorb in NRR
•~19,000 enterprise customers; named anchors include JPMorgan Chase, FedEx, T-Mobile, Sonos, US Federal Government (FedRAMP-authorized)
•Snapshot 2026-05-28: spot $94.72 (+6.4% intraday into print, print not yet reflected in spot), market cap $16.61Bn, EV $14.50Bn, net cash $2.11Bn. FY27 forward P/E at guide midpoint: 24.7x ($94.72 / $3.83)

Analyze OKTA· interactive tools

Bubbles· capital-flow co-movement

Conviction· in 1 watchlist

20xFWD PE

Top correlated· 252d co-movement

0.64
0.62
0.62

Frequently asked questions

Is OKTA in IGV?: Yes, iShares Expanded Tech-Software Sector ETF (IGV) holds OKTA with 0.13% (as of 2026-07-15).
What ETFs hold OKTA?: Okta, Inc. (OKTA) is held by IGV (0.13%).
What AI bubble is OKTA in?: Okta, Inc. (OKTA) is mapped to the Enterprise SaaS AI bubble on QuantAbundancia. Classifier 2026-05-07: primary tier, corr 0.79 to ai-software centroid (29 obs, 2nd: hyperscalers 0.400). is_primary_bubble=FALSE.
What sector is OKTA in?: Okta, Inc. is classified under GICS Information Technology (Systems Software).
What is OKTA's last close price?: OKTA last closed at $147.74 on 2026-07-16.

OKTA

Price

Thesis

Analyze OKTA· interactive tools

Bubbles· capital-flow co-movement

Conviction· in 1 watchlist

Top correlated· 252d co-movement

Frequently asked questions

Related research· long-form analysis touching OKTA

Recent news· high-signal only

Held by ETFs

Key levels

Facts