Research Analysts Set Expectations for Okta FY2025 Earnings

Okta, Inc. (NASDAQ:OKTA) – Investment analysts at William Blair boosted their FY2025 earnings per share (EPS) estimates for Okta in a report released on Wednesday, December 4th. William Blair analyst J. Ho now anticipates that the company will post earnings per share of $0.40 for the year, up from their prior forecast of $0.21. The consensus estimate for Okta’s current full-year earnings is $0.40 per share. William Blair also issued estimates for Okta’s Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.22 EPS and FY2026 earnings at $0.59 EPS.

Other equities analysts have also issued reports about the company. The Goldman Sachs Group raised their price target on Okta from $97.00 to $107.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Royal Bank of Canada reiterated an “outperform” rating and issued a $101.00 price objective on shares of Okta in a research report on Wednesday, December 4th. Scotiabank increased their price objective on Okta from $92.00 to $96.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 4th. JMP Securities reiterated a “market perform” rating on shares of Okta in a research report on Wednesday, December 4th. Finally, Citigroup increased their price objective on Okta from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $103.77.

Okta Price Performance

Okta stock opened at $82.78 on Monday. Okta has a one year low of $70.56 and a one year high of $114.50. The business has a fifty day moving average price of $76.15 and a 200-day moving average price of $83.71. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $14.06 billion, a P/E ratio of -236.51, a PEG ratio of 8.91 and a beta of 1.00.

Insider Transactions at Okta

In other news, CEO Todd Mckinnon sold 200,512 shares of Okta stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $75.21, for a total transaction of $15,080,507.52. Following the completion of the transaction, the chief executive officer now directly owns 8,495 shares in the company, valued at approximately $638,908.95. This trade represents a 95.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Larissa Schwartz sold 2,790 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $74.01, for a total transaction of $206,487.90. Following the completion of the transaction, the insider now owns 27,713 shares of the company’s stock, valued at approximately $2,051,039.13. The trade was a 9.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 607,215 shares of company stock worth $46,304,810. Company insiders own 7.00% of the company’s stock.

Hedge Funds Weigh In On Okta

A number of hedge funds have recently added to or reduced their stakes in OKTA. Marshall Wace LLP boosted its holdings in shares of Okta by 117.4% during the 2nd quarter. Marshall Wace LLP now owns 2,273,700 shares of the company’s stock valued at $212,841,000 after purchasing an additional 1,227,890 shares during the last quarter. Eminence Capital LP raised its holdings in shares of Okta by 18.1% during the second quarter. Eminence Capital LP now owns 1,989,375 shares of the company’s stock worth $186,225,000 after purchasing an additional 305,381 shares during the last quarter. Primecap Management Co. CA boosted its position in Okta by 0.8% during the second quarter. Primecap Management Co. CA now owns 1,356,216 shares of the company’s stock worth $126,955,000 after purchasing an additional 10,800 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Okta by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,069,452 shares of the company’s stock worth $79,503,000 after acquiring an additional 17,950 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Okta by 20.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,029,753 shares of the company’s stock worth $96,388,000 after acquiring an additional 178,011 shares during the last quarter. 86.64% of the stock is currently owned by hedge funds and other institutional investors.

Okta Company Profile

Okta, Inc operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials.