Okta (NASDAQ:OKTA) Releases Q3 2025 Earnings Guidance

Okta (NASDAQ:OKTA - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.570-0.580 for the period, compared to the consensus estimate of 0.550. The company issued revenue guidance of $648.0 million-$650.0 million, compared to the consensus revenue estimate of $639.1 million. Okta also updated its FY 2025 guidance to 2.580-2.630 EPS.

Analyst Ratings Changes

A number of equities analysts have commented on OKTA shares. Guggenheim restated a buy rating and set a $130.00 price objective on shares of Okta in a research note on Tuesday, June 25th. UBS Group dropped their price target on Okta from $130.00 to $120.00 and set a buy rating for the company in a research note on Thursday, May 30th. Wedbush reiterated an outperform rating and set a $130.00 price objective on shares of Okta in a research note on Wednesday, May 29th. BMO Capital Markets dropped their target price on shares of Okta from $110.00 to $100.00 and set a market perform rating for the company in a research report on Monday, June 3rd. Finally, Needham & Company LLC reiterated a buy rating and set a $130.00 price target on shares of Okta in a research report on Thursday, May 30th. Nineteen analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of $105.58.

Okta Trading Down 0.5 %

Shares of NASDAQ:OKTA traded down $0.44 during mid-day trading on Wednesday, hitting $96.54. The company had a trading volume of 4,023,969 shares, compared to its average volume of 1,812,610. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.73 and a quick ratio of 1.73. Okta has a one year low of $65.04 and a one year high of $114.50. The firm has a fifty day moving average price of $93.19 and a 200 day moving average price of $95.53. The company has a market capitalization of $16.24 billion, a PE ratio of -57.81 and a beta of 1.03.

Okta (NASDAQ:OKTA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 29th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.27. The firm had revenue of $617.00 million during the quarter, compared to the consensus estimate of $604.33 million. Okta had a negative net margin of 11.69% and a negative return on equity of 3.81%. As a group, research analysts forecast that Okta will post -0.28 EPS for the current year.

Insider Activity at Okta

In other Okta news, Director Jacques Frederic Kerrest sold 18,878 shares of the stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $87.19, for a total value of $1,645,972.82. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Okta news, insider Larissa Schwartz sold 2,792 shares of the business's stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $99.40, for a total transaction of $277,524.80. Following the completion of the sale, the insider now owns 29,809 shares in the company, valued at approximately $2,963,014.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jacques Frederic Kerrest sold 18,878 shares of the firm's stock in a transaction on Monday, June 10th. The shares were sold at an average price of $87.19, for a total transaction of $1,645,972.82. The disclosure for this sale can be found here. Insiders sold 365,051 shares of company stock valued at $34,411,773 in the last three months. Corporate insiders own 7.00% of the company's stock.

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.

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