Okta (NASDAQ:OKTA - Get Free Report) updated its fourth quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.730-0.740 for the period, compared to the consensus earnings per share estimate of 0.740. The company issued revenue guidance of $667.0 million-$669.0 million, compared to the consensus revenue estimate of $669.1 million. Okta also updated its FY 2025 guidance to 2.750-2.760 EPS.
Wall Street Analyst Weigh In
OKTA has been the subject of a number of research analyst reports. Canaccord Genuity Group boosted their price objective on Okta from $82.00 to $94.00 and gave the company a "hold" rating in a report on Wednesday, December 4th. Wells Fargo & Company boosted their price target on Okta from $80.00 to $95.00 and gave the company an "equal weight" rating in a research note on Thursday, December 5th. Citigroup lifted their price target on Okta from $95.00 to $100.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Morgan Stanley upgraded Okta from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $92.00 to $97.00 in a research report on Monday, December 2nd. Finally, Needham & Company LLC restated a "buy" rating and set a $115.00 price target on shares of Okta in a research report on Tuesday. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $104.55.
Get Our Latest Analysis on Okta
Okta Trading Down 0.5 %
OKTA traded down $0.44 during trading hours on Friday, reaching $97.03. The company's stock had a trading volume of 1,478,969 shares, compared to its average volume of 2,510,833. The business's 50-day moving average is $85.60 and its 200-day moving average is $82.19. 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 stock has a market cap of $16.63 billion, a PE ratio of -277.23, a P/E/G ratio of 9.52 and a beta of 1.03. Okta has a fifty-two week low of $70.56 and a fifty-two week high of $114.50.
Insider Buying and Selling at Okta
In other Okta news, insider Larissa Schwartz sold 2,704 shares of the business's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $80.50, for a total value of $217,672.00. Following the transaction, the insider now owns 24,462 shares in the company, valued at $1,969,191. The trade was a 9.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Todd Mckinnon sold 233,028 shares of Okta stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $82.31, for a total value of $19,180,534.68. The disclosure for this sale can be found here. Insiders have sold a total of 913,168 shares of company stock worth $78,420,769 over the last ninety days. Corporate insiders own 7.00% of the company's stock.
About Okta
(
Get Free Report)
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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