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) 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.
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
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.
OKTA's first-quarter fiscal 2026 benefits from strong demand for its Identity solutions. However, stiff competition and high valuation raise caution ahead of earnings release.
Okta's stock has rebounded on solid RPO growth, margin gains and optimism regarding AI tailwinds. Revenue growth remains weak though and margin gains appear set to moderate. Okta's valuation is also now stretched relative to near-term financial performance, meaning a substantial growth reacceleration will be required to drive the stock higher.
Evaluate the expected performance of Okta (OKTA) for the quarter ended April 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Okta OKTA and Fortinet FTNT are both major players in the field of cybersecurity. While OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data, Fortinet is a well-known provider of network security appliances and a Unified Threat Management network solution.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
In the closing of the recent trading day, Okta (OKTA) stood at $126.44, denoting a -0.68% change from the preceding trading day.
Okta (OKTA) closed the most recent trading day at $124.05, moving -0.1% from the previous trading session.