Okta (OKTA) Expected to Announce Quarterly Earnings on Wednesday

Okta (NASDAQ:OKTA) will likely be posting its Q4 2026 results after the market closes on Wednesday, March 4th. Analysts expect the company to announce earnings of $0.85 per share and revenue of $749.8650 million for the quarter. Okta has set its FY 2026 guidance at 3.430-3.440 EPS and its Q4 2026 guidance at 0.840-0.850 EPS. Individuals are encouraged to explore the company’s upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Wednesday, March 4, 2026 at 5:00 PM ET.

Okta (NASDAQ:OKTA) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Okta had a return on equity of 3.77% and a net margin of 6.87%.The company had revenue of $742.00 million during the quarter, compared to analyst estimates of $730.23 million. During the same quarter in the previous year, the firm posted $0.67 EPS. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. On average, analysts expect Okta to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Okta Stock Performance

NASDAQ:OKTA opened at $71.14 on Wednesday. Okta has a 1 year low of $68.77 and a 1 year high of $127.57. The business has a fifty day moving average of $87.36 and a 200-day moving average of $88.20. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 65.27, a PEG ratio of 2.79 and a beta of 0.77.

Okta declared that its board has approved a stock buyback plan on Monday, January 5th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 6.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, insider Larissa Schwartz sold 1,899 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $90.74, for a total value of $172,315.26. Following the completion of the sale, the insider owned 38,164 shares in the company, valued at approximately $3,463,001.36. This represents a 4.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Eric Robert Kelleher sold 8,370 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $90.19, for a total transaction of $754,890.30. Following the completion of the transaction, the insider directly owned 11,266 shares of the company’s stock, valued at $1,016,080.54. This represents a 42.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 37,245 shares of company stock worth $3,385,624. Company insiders own 5.68% of the company’s stock.

Institutional Trading of Okta

Several hedge funds and other institutional investors have recently modified their holdings of the business. Invesco Ltd. raised its position in Okta by 19.1% during the fourth quarter. Invesco Ltd. now owns 548,741 shares of the company’s stock valued at $47,450,000 after buying an additional 88,112 shares during the period. Corient Private Wealth LLC grew its stake in Okta by 515.8% during the 4th quarter. Corient Private Wealth LLC now owns 68,854 shares of the company’s stock valued at $5,954,000 after acquiring an additional 57,672 shares in the last quarter. Beacon Pointe Advisors LLC increased its holdings in shares of Okta by 17.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 97,190 shares of the company’s stock valued at $8,404,000 after purchasing an additional 14,664 shares during the period. Mackenzie Financial Corp lifted its position in shares of Okta by 37.0% in the fourth quarter. Mackenzie Financial Corp now owns 29,461 shares of the company’s stock worth $2,571,000 after purchasing an additional 7,964 shares in the last quarter. Finally, XTX Topco Ltd boosted its holdings in shares of Okta by 156.5% during the fourth quarter. XTX Topco Ltd now owns 20,798 shares of the company’s stock worth $1,798,000 after purchasing an additional 12,689 shares during the period. Institutional investors and hedge funds own 86.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Okta from $110.00 to $85.00 and set a “hold” rating for the company in a research note on Wednesday, December 3rd. KeyCorp cut their target price on Okta from $130.00 to $115.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. BMO Capital Markets decreased their price target on Okta from $112.00 to $90.00 and set a “market perform” rating for the company in a research note on Wednesday, December 3rd. Stifel Nicolaus dropped their price objective on Okta from $130.00 to $121.00 and set a “buy” rating on the stock in a research note on Wednesday, December 3rd. Finally, Berenberg Bank assumed coverage on Okta in a research note on Tuesday, November 18th. They set a “buy” rating and a $145.00 target price for the company. Twenty-five research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.06.

Okta Company Profile

Okta, Inc is a publicly traded provider of identity and access management solutions, headquartered in San Francisco, California. Founded in 2009 by Todd McKinnon and Frederic Kerrest, the company completed its initial public offering in April 2017. Under the leadership of McKinnon as chief executive officer and Kerrest as chief operating officer, Okta has grown into a leading vendor in the cybersecurity space, focusing on secure user authentication, single sign-on and lifecycle management for digital identities.

At the core of Okta’s offering is the Okta Identity Cloud, a suite of cloud-native services that enable organizations to manage user access across web and mobile applications, on-premises systems and APIs.