Okta (NASDAQ:OKTA – Get Free Report) issued an update on its fourth quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.730-0.740 for the period, compared to the consensus estimate of 0.740. The company issued revenue guidance of $667.0 million-$669.0 million, compared to the consensus revenue estimate of $669.1 million. Okta also updated its FY 2025 guidance to 2.750-2.760 EPS.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $101.00 target price on shares of Okta in a research note on Wednesday, December 4th. Guggenheim reissued a “buy” rating and issued a $130.00 price objective on shares of Okta in a research report on Wednesday, December 4th. Truist Financial reaffirmed a “hold” rating and set a $92.00 target price (up from $80.00) on shares of Okta in a research report on Wednesday, December 4th. DA Davidson raised their price target on Okta from $75.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, December 4th. Finally, Westpark Capital restated a “buy” rating and set a $140.00 price objective on shares of Okta in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $104.55.
Read Our Latest Research Report on Okta
Okta Stock Performance
Insider Activity
In related news, Director Jacques Frederic Kerrest sold 130,000 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $93.00, for a total value of $12,090,000.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Brett Tighe sold 5,000 shares of Okta stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $94.76, for a total value of $473,800.00. Following the completion of the sale, the chief financial officer now owns 97,533 shares in the company, valued at approximately $9,242,227.08. The trade was a 4.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 913,168 shares of company stock worth $78,420,769 in the last ninety days. Company insiders own 7.00% of the company’s stock.
About Okta
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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