Okta (OKTA) Upgraded to Buy: Here's Why
Okta (OKTA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Okta Declines 16% Post Q1 Earnings: Buy, Sell or Hold the Stock?
OKTA sinks 16% as slowing growth outlook overshadows strong Q1 results and raises concerns over valuation despite robust demand for identity solutions.
Okta CEO Defends Outlook After Earnings Disappointment
Okta's first-quarter earnings beat expectations, but its outlook fell short of investor expectations. Okta CEO Todd McKinnon joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
Top Stock Movers Now: DR Horton, Okta, Abercrombie & Fitch, and More
U.S. equities were lower at midday as the market awaited the release of the latest Federal Reserve minutes and the much-anticipated after-the-bell earnings report from Nvidia (NVDA). The Dow Jones Industrial Average, S&P 500, and Nasdaq all declined.
Okta delivers strong Q1 report, shares slump on cautious outlook
Okta Inc (NASDAQ:OKTA) delivered first quarter financial results that beat Wall Street expectations, but shares traded more than 13% lower on Wednesday morning as it issued conservative guidance, citing macro uncertainty. For the first quarter, the identity and access management firm reported revenue of $688 million, up 12% year-over-year and above consensus estimates of $680.3 million.
What's Next For OKTA Stock?
Okta (NASDAQ:OKTA), a leading cloud-based identity and access management provider, experienced a significant stock decline of 13% in after-hours trading on Tuesday, May 27, following the release of its fiscal 2026 first-quarter financial results (fiscal ends in January). The company's performance exceeded the Wall Street expectations in both earnings and revenue but it was the guidance that didn't sit well with the investors.
Okta Earnings: Growth Slows, But Financial Strength Stands Out
I'm not thrilled by the flat guidance, but I think management is being overly cautious rather than signaling real weakness. The drop in expected free cash flow margins is something I'm watching closely, though I think the long-term cash generation potential is still intact. Competition is heating up, especially from Microsoft, but Okta's specialization still gives it an edge in complex identity environments.
Okta, Inc. (OKTA) Q1 2026 Earnings Call Transcript
Okta, Inc. (NASDAQ:OKTA ) Q1 2026 Earnings Conference Call May 27, 2025 5:00 PM ET Company Participants Dave Gennarelli - Senior Vice President, Investor Relations Todd McKinnon - Chief Executive Officer & Co-Founder Brett Tighe - Chief Financial Officer Eric Kelleher - President & Chief Operating Officer Conference Call Participants Brad Zelnick - Deutsche Bank Eric Heath - KeyBanc Capital Markets Jonathan Ho - William Blair Shrenik Kothari - Baird Andy Nowinski - Wells Fargo Matt Hedberg - RBC Brian Essex - JPMorgan Gabriela Borges - Goldman Saket Kalia - Barclays Gray Powell - BTIG Mike Cikos - Needham & Company Rob Owens - Piper Sandler Shaul Eyal - Cowen Yun Kim - Loop Capital Gregg Moskowitz - Mizuho Securities Ittai Kidron - Oppenheimer & Co. Adam Tindle - Raymond James Rudy Kessinger - DA Davidson John DiFucci - Guggenheim Securities Josh Tilton - Wolfe Research Keith Bachman - BMO Capital Markets Roger Boyd - UBS Dave Gennarelli Hi, everyone. Welcome to Okta's First Quarter of Fiscal 2026 Earnings Webcast.
Okta (OKTA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Okta (OKTA) give a sense of how its business performed in the quarter ended April 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Okta (OKTA) Q1 Earnings and Revenues Surpass Estimates
Okta (OKTA) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.65 per share a year ago.
Okta: Fiscal Q1 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Okta Inc. (OKTA) on Tuesday reported fiscal first-quarter profit of $62 million. The San Francisco-based company said it had profit of 35 cents per share. Earnings, adjusted for one-time gains and costs, were 86 cents per share. aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. The cloud identity management company posted revenue of $688 million in the period, which also beat Street forecasts. Thirteen analysts surveyed by Zacks expected $679.7 million. For the current quarter ending in July, Okta expects its per-share earnings to range from 83 cents to 84 cents. The company said it expects revenue in the range of $710 million to $712 million for the fiscal second quarter. Okta expects full-year earnings in the range of $3.23 to $3.28 per share, with revenue ranging from $2.85 billion to $2.86 billion. _____ This story was generated by Automated Insights (Click Here using data from Zacks Investment Research. Access a Zacks stock report on OKTA at Click Here copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News
Should You Buy or Sell OKTA Stock Ahead of Its Earnings?
Okta (NASDAQ:OKTA) is scheduled to report its earnings on Tuesday, May 27, 2025. Historically, Okta's stock has shown significant volatility around earnings releases.
