Okta (OKTA) to Release Quarterly Earnings on Tuesday

Okta (NASDAQ:OKTAGet Free Report) is projected to issue its Q3 2026 results after the market closes on Tuesday, December 2nd. Analysts expect Okta to post earnings of $0.75 per share and revenue of $730.23 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earningreport for the latest details on the call scheduled for Tuesday, December 2, 2025 at 5:00 PM ET.

Okta (NASDAQ:OKTAGet Free Report) last released its quarterly earnings results on Tuesday, August 26th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.07. The firm had revenue of $728,000 billion during the quarter, compared to analysts’ expectations of $711.84 million. Okta had a return on equity of 3.31% and a net margin of 6.08%.Okta’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.72 EPS. On average, analysts expect Okta to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Okta Stock Up 0.6%

OKTA opened at $79.15 on Tuesday. The firm’s 50 day moving average is $88.38 and its 200-day moving average is $95.89. Okta has a 52-week low of $74.81 and a 52-week high of $127.57. The firm has a market capitalization of $13.86 billion, a P/E ratio of 93.12, a P/E/G ratio of 3.86 and a beta of 0.84.

Analysts Set New Price Targets

OKTA has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price target on shares of Okta from $100.00 to $105.00 and gave the company a “hold” rating in a report on Wednesday, August 27th. BTIG Research reissued a “buy” rating and issued a $142.00 price objective on shares of Okta in a research report on Friday, September 26th. Citigroup reaffirmed a “market perform” rating on shares of Okta in a research report on Wednesday, August 27th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $115.00 price target on shares of Okta in a research note on Friday, September 26th. Finally, Guggenheim restated a “buy” rating and set a $60.00 price objective on shares of Okta in a research note on Friday, November 14th. Twenty-three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Okta has an average rating of “Moderate Buy” and an average price target of $116.92.

Get Our Latest Stock Analysis on OKTA

Insiders Place Their Bets

In related news, insider Larissa Schwartz sold 1,318 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $85.26, for a total transaction of $112,372.68. Following the sale, the insider directly owned 36,519 shares of the company’s stock, valued at approximately $3,113,609.94. This represents a 3.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CRO Jonathan James Addison sold 6,091 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $92.61, for a total value of $564,087.51. Following the transaction, the executive owned 7,067 shares in the company, valued at $654,474.87. This trade represents a 46.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 64,975 shares of company stock worth $6,011,126. Corporate insiders own 5.68% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC grew its position in shares of Okta by 378.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 727 shares of the company’s stock valued at $67,000 after buying an additional 575 shares during the last quarter. State of Wyoming bought a new position in shares of Okta during the second quarter valued at approximately $84,000. Johnson Financial Group Inc. bought a new position in shares of Okta during the third quarter valued at approximately $83,000. Larson Financial Group LLC raised its position in shares of Okta by 103.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,159 shares of the company’s stock worth $106,000 after purchasing an additional 589 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its holdings in shares of Okta by 73.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,563 shares of the company’s stock worth $143,000 after purchasing an additional 663 shares during the last quarter. 86.64% of the stock is owned by institutional investors and hedge funds.

Okta Company Profile

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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.

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Earnings History for Okta (NASDAQ:OKTA)

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