Okta (NASDAQ:OKTA) Releases FY 2025 Earnings Guidance

Okta (NASDAQ:OKTA) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.750-2.760 for the period, compared to the consensus earnings per share estimate of 2.780. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Okta also updated its Q4 2025 guidance to 0.730-0.740 EPS.

Okta Trading Down 0.0 %

Shares of Okta stock traded down $0.00 during trading hours on Tuesday, reaching $93.24. 520,901 shares of the company’s stock were exchanged, compared to its average volume of 2,503,146. Okta has a 52-week low of $70.56 and a 52-week high of $114.50. The company has a fifty day moving average of $84.41 and a 200-day moving average of $81.97. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $15.98 billion, a price-to-earnings ratio of -266.19, a price-to-earnings-growth ratio of 9.52 and a beta of 1.03.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on OKTA. Royal Bank of Canada reissued an “outperform” rating and issued a $101.00 price target on shares of Okta in a research note on Wednesday, December 4th. BTIG Research raised their target price on shares of Okta from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. DA Davidson upped their price target on shares of Okta from $75.00 to $90.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 4th. Scotiabank cut their price target on shares of Okta from $96.00 to $94.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 21st. Finally, Piper Sandler boosted their price objective on shares of Okta from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $104.55.

Insider Transactions at Okta

In other Okta news, Director Jacques Frederic Kerrest sold 131,426 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $80.68, for a total transaction of $10,603,449.68. Following the completion of the sale, the director now owns 1,622 shares in the company, valued at $130,862.96. The trade was a 98.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Todd Mckinnon sold 233,028 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $82.31, for a total transaction of $19,180,534.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 913,168 shares of company stock valued at $78,420,769. 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.