Okta Posts Q3 Beat, Guidance Miss: Analyst Says 'Sustainable Growth Remains Hazy'
Okta Inc OKTA shares were climbing on Wednesday after the company reported upbeat third-quarter results.
Okta Stock Rises on Strong Results, Outlook as Subscriptions Jump
Shares of Okta (OKTA) rose Wednesday, a day after the business security software provider posted better-than-expected results and current-quarter guidance as subscription revenue rose.
Okta Earnings: Conservative Guidance Leaves Room For Upside
Okta's fiscal 2026 guidance suggests a shift from high growth, but at 19x forward free cash flow, it remains a compelling buy. Despite past conservative guidance, Okta's fiscal 2026 revenue growth is expected to reach 10% y/y, with analysts likely to raise estimates. Okta's robust financials include $700 million in FY25 free cash flow and a potential 29% margin in FY26, highlighting strong profitability.
Okta, Inc. (OKTA) Q3 2025 Earnings Call Transcript
Okta, Inc. (NASDAQ:OKTA ) Q3 2025 Earnings Conference Call December 3, 2024 5:00 PM ET Company Participants Dave Gennarelli - SVP, IR Todd McKinnon - CEO & Co-Founder Brett Tighe - CFO Conference Call Participants John DiFucci - Guggenheim Eric Heath - KeyBanc Gray Powell - BTIG Gabriela Borges - Goldman Hamza Fodderwala - Morgan Stanley Matt Hedberg - RBC Josh Tilton - Wolfe Jonathan Ho - William Blair Joe Gallo - Jefferies Mike Cikos - Needham Madeline Brooks - BofA Shrenik Kothari - Baird Rudy Kessinger - D.A. Davidson Saket Kalia - Barclays Patrick Colville - Scotiabank Rob Owens - Piper Peter Levine - Evercore Trevor Walsh - JMP Brian Essex - JPMorgan Adam Borg - Stifel Fatima Boolani - Citi Peter Weed - Bernstein Dave Gennarelli Hi everyone.
Okta (OKTA) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Okta (OKTA) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
As Okta's stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta's bookings came from new products, as the company looks to dominate identity management.
Okta (OKTA) Q3 Earnings and Revenues Surpass Estimates
Okta (OKTA) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.44 per share a year ago.
Cybersecurity Firm Okta Posts Q3 Earnings, Revenue Beat; Shares Jump
Okta stock surged on Q3 earnings and revenue that topped consensus estimates while revenue guidance came in above views. The post Cybersecurity Firm Okta Posts Q3 Earnings, Revenue Beat; Shares Jump appeared first on Investor's Business Daily.
Okta shares pop 18% on earnings beat, strong guidance
Okta shares popped on in extended trading on Tuesday after the company reported third-quarter results and that beat Wall Street's estimates. Revenue increased 14% from $569 million a year ago.
Should You Buy, Hold or Sell OKTA Stock Ahead of Q3 Earnings?
Okta's third-quarter fiscal 2025 results are expected to benefit from an expanding clientele amid a challenging macroeconomic environment.
Okta price target lowered to $85 from $105 at JPMorgan
JPMorgan lowered the firm's price target on Okta to $85 from $105 and keeps a Neutral rating on the shares as part of an earnings preview. The firm says growth deceleration into single digit territory remains a concern as macro factors continue to weigh on the company's results. JPMorgan expects Okta will give a first look into fiscal 2026 growth expectations this quarter, and it sees risk the guidance could reflect single digit growth next year, below current consensus levels. JPMorgan reduced estimates to reflect recent channel conversations and a longer than expected duration of recovery.
Insights Into Okta (OKTA) Q3: Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Okta (OKTA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.
