Okta, Inc. Hits New 52-Week Low at USD 68.78 Amid Declining Stock Performance

Okta, Inc., a small-cap player in the software products industry, has recently reached a new 52-week low of USD 68.78 on February 23, 2026. This significant drop highlights the company's performance challenges over the past year, with a decline of 22.0% compared to the S&P 500's gain of 12.95%. The company's market capitalization stands at USD 13,166 million, reflecting its position within the small-cap segment. Okta's price-to-earnings (P/E) ratio is currently at 94.00, indicating a premium valuation relative to its earnings. Additionally, the company has a price-to-book ratio of 1.91, suggesting that its stock is trading above its book value. Despite these metrics, Okta has not offered any dividends, with a yield of 0.00%. The company's debt-to-equity ratio is reported at -0.31, which may indicate a unique financial structure. As Okta navigates its current market position, the recent low price may prompt further scrutiny of its operational strategies and overall financial health.