Okta Inc. (OKTA)
With 60% Upside Potential, Okta Is A Key 2025 Cybersecurity Pick
Okta's Q3 FY25 earnings beat revenue and earnings projections, with a 14% YoY revenue growth and 600 basis point margin expansion, along with significant cRPO outperformance, boosting investor confidence. The company's enterprise penetration is accelerating with the help of its robust partner ecosystem and innovative product roadmap, leading to a growing number of $100K+ and $1M+ ACV customers. Despite declining NRR due to macroeconomic pressures and the competitive landscape, Okta's raised FY25 guidance shows management's confidence in its market strategy and operational efficiency.
Okta: On The Path To A Rebound, Keep Holding On For Upside
I'm giving Okta stock a slight downgrade to a buy rating (from strong buy) after the company's recent rebound rally. The company notched a strong Q3 earnings beat with 14% y/y revenue growth, but net revenue retention rates continue to wane. Okta's larger concentration of big deals from the U.S. federal government may be a pain point here, as the DOGE may continue to pressure headcount growth.
Okta: Bullish Signals Suggest a Market Reversal Is Underway
Okta's NASDAQ: OKTA share price has suffered since the peaks set in 2021, but those days are over. The cyber security company has gained traction over the past two years, and the Okta stock market normalized after its bubble burst.
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.
