Okta (NASDAQ:OKTA) Updates Q3 2025 Earnings Guidance

Okta (NASDAQ:OKTA) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.570-0.580 for the period, compared to the consensus earnings per share estimate of 0.550. The company issued revenue guidance of $648.0 million-$650.0 million, compared to the consensus revenue estimate of $639.1 million. Okta also updated its FY 2025 guidance to 2.580-2.630 EPS.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Wells Fargo & Company dropped their price target on Okta from $100.00 to $90.00 and set an equal weight rating for the company in a research report on Thursday. Guggenheim reiterated a buy rating and set a $130.00 price target on shares of Okta in a research report on Tuesday, June 25th. JPMorgan Chase & Co. dropped their target price on Okta from $110.00 to $105.00 and set a neutral rating for the company in a report on Thursday. Stifel Nicolaus dropped their target price on Okta from $122.00 to $108.00 and set a buy rating for the company in a report on Thursday. Finally, Scotiabank dropped their target price on Okta from $104.00 to $92.00 and set a sector perform rating for the company in a report on Thursday. One equities research analyst has rated the stock with a sell rating, nineteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, Okta has an average rating of Hold and an average price target of $104.81.

Okta Stock Performance

NASDAQ:OKTA traded down $0.02 during mid-day trading on Friday, reaching $79.49. 410,777 shares of the stock were exchanged, compared to its average volume of 1,879,872. The company has a 50 day simple moving average of $93.23 and a 200-day simple moving average of $95.43. The stock has a market capitalization of $13.37 billion, a P/E ratio of -47.61 and a beta of 1.03. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.19. Okta has a 1 year low of $65.04 and a 1 year high of $114.50.

Okta (NASDAQ:OKTA) last announced its earnings results on Wednesday, August 28th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.29. Okta had a negative return on equity of 3.81% and a negative net margin of 11.69%. The company had revenue of $646.00 million for the quarter, compared to the consensus estimate of $632.24 million. Analysts anticipate that Okta will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Okta

In related news, Director Jacques Frederic Kerrest sold 1,552 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $86.99, for a total value of $135,008.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Larissa Schwartz sold 2,792 shares of the firm’s stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $99.40, for a total transaction of $277,524.80. Following the completion of the sale, the insider now owns 29,809 shares of the company’s stock, valued at $2,963,014.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jacques Frederic Kerrest sold 1,552 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $86.99, for a total transaction of $135,008.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 365,051 shares of company stock worth $34,411,773. 7.00% of the stock is currently owned by insiders.

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.