Okta (NASDAQ:OKTA – Get Free Report) issued an update on its fourth quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.730-0.740 for the period, compared to the consensus EPS 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.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on OKTA. Needham & Company LLC increased their price target on shares of Okta from $100.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Royal Bank of Canada reiterated an “outperform” rating and set a $101.00 target price on shares of Okta in a research note on Wednesday, December 4th. Morgan Stanley upgraded Okta from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $92.00 to $97.00 in a research note on Monday, December 2nd. Wells Fargo & Company increased their price objective on Okta from $80.00 to $95.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. raised Okta from a “neutral” rating to an “overweight” rating and set a $100.00 target price for the company in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Okta currently has a consensus rating of “Hold” and a consensus price target of $104.55.
Check Out Our Latest Report on OKTA
Okta Price Performance
Insider Buying and Selling at Okta
In other Okta news, insider Larissa Schwartz sold 2,704 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $80.50, for a total transaction of $217,672.00. Following the transaction, the insider now directly owns 24,462 shares in the company, valued at $1,969,191. This trade represents a 9.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Brett Tighe sold 5,000 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $89.00, for a total value of $445,000.00. Following the transaction, the chief financial officer now directly owns 112,533 shares in the company, valued at $10,015,437. The trade was a 4.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 913,168 shares of company stock worth $78,420,769 over the last 90 days. Company insiders own 7.00% of the company’s stock.
Okta Company Profile
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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