OKTA Stock - Okta, Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.61B | $2.26B | $1.86B | $1.30B | $835.00M |
| Gross Profit | $1.99B | $1.68B | $1.31B | $904.00M | $617.00M |
| Gross Margin | 76.3% | 74.3% | 70.6% | 69.5% | 73.9% |
| Operating Income | $-74,000,000 | $-516,000,000 | $-812,000,000 | $-768,000,000 | $-204,000,000 |
| Net Income | $28.00M | $-355,000,000 | $-815,000,000 | $-848,000,000 | $-266,000,000 |
| Net Margin | 1.1% | -15.7% | -43.9% | -65.2% | -31.9% |
| EPS | $0.17 | $-2.17 | $-5.16 | $-5.73 | $-2.09 |
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 16th 2025 | Jefferies | Upgrade | Buy | $125 |
| December 3rd 2025 | BMO Capital Markets | Reiterated | Market Perform | $90← $112 |
| December 3rd 2025 | Needham | Reiterated | Buy | $110← $125 |
| November 18th 2025 | Berenberg | Initiation | Buy | $145 |
| August 27th 2025 | BMO Capital Markets | Reiterated | Market Perform | $112← $132 |
| August 26th 2025 | Canaccord Genuity | Upgrade | Buy | $120 |
| August 25th 2025 | Truist | Upgrade | Buy | $125 |
| July 7th 2025 | Arete | Initiation | Sell | $83 |
| May 14th 2025 | BMO Capital Markets | Reiterated | Market Perform | $135← $130 |
| May 5th 2025 | Loop Capital | Initiation | Buy | $140 |
| April 23rd 2025 | Roth Capital | Initiation | Buy | $119 |
| April 1st 2025 | Stephens | Initiation | Equal Weight | $127 |
| March 31st 2025 | Cantor Fitzgerald | Initiation | Overweight | $130 |
| March 18th 2025 | Morgan Stanley | Resumed | Overweight | - |
| March 10th 2025 | BMO Capital Markets | Reiterated | Market Perform | $130← $105 |
Earnings History & Surprises
OKTAEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 25, 2026 | — | — | — | — |
Q1 2026 | Mar 2, 2026 | $0.84 | — | — | — |
Q4 2025 | Dec 2, 2025 | $0.76 | $0.82 | +8.2% | ✓ BEAT |
Q3 2025 | Aug 26, 2025 | $0.85 | $0.91 | +7.4% | ✓ BEAT |
Q2 2025 | May 27, 2025 | $0.77 | $0.86 | +11.7% | ✓ BEAT |
Q1 2025 | Mar 3, 2025 | $0.74 | $0.78 | +6.0% | ✓ BEAT |
Q4 2024 | Dec 3, 2024 | $0.58 | $0.67 | +15.5% | ✓ BEAT |
Q3 2024 | Aug 28, 2024 | $0.61 | $0.72 | +18.0% | ✓ BEAT |
Q2 2024 | May 29, 2024 | $0.54 | $0.65 | +19.7% | ✓ BEAT |
Q1 2024 | Feb 28, 2024 | $0.51 | $0.63 | +23.8% | ✓ BEAT |
Q4 2023 | Nov 29, 2023 | $0.30 | $0.44 | +46.7% | ✓ BEAT |
Q3 2023 | Aug 30, 2023 | $0.21 | $0.31 | +47.6% | ✓ BEAT |
Q2 2023 | May 31, 2023 | $0.12 | $0.22 | +83.3% | ✓ BEAT |
Q1 2023 | Mar 1, 2023 | $0.10 | $0.30 | +200.0% | ✓ BEAT |
Q4 2022 | Nov 30, 2022 | $-0.24 | $-1.09 | -354.2% | ✗ MISS |
Q3 2022 | Aug 31, 2022 | $-0.30 | $-0.10 | +66.7% | ✓ BEAT |
Q2 2022 | Jun 2, 2022 | $-0.34 | $-0.27 | +20.6% | ✓ BEAT |
Q1 2022 | Mar 2, 2022 | $-0.24 | $-0.18 | +25.0% | ✓ BEAT |
Q4 2021 | Dec 1, 2021 | $-0.23 | $-0.07 | +69.6% | ✓ BEAT |
Q3 2021 | Sep 1, 2021 | $-0.35 | $-0.11 | +68.6% | ✓ BEAT |
Latest News
Jefferies Upgrades Okta to Buy, Raises Price Target to $125
📈 PositiveNeedham Reiterates Buy on Okta, Maintains $110 Price Target
📈 PositiveBTIG Reiterates Buy on Okta, Maintains $116 Price Target
📈 PositiveDA Davidson Maintains Buy on Okta, Maintains $140 Price Target
📈 PositiveCitigroup Maintains Neutral on Okta, Lowers Price Target to $100
➖ NeutralGoldman Sachs Maintains Buy on Okta, Lowers Price Target to $117
➖ NeutralPiper Sandler Maintains Neutral on Okta, Lowers Price Target to $95
➖ NeutralRBC Capital Maintains Outperform on Okta, Lowers Price Target to $97
➖ NeutralStifel Maintains Buy on Okta, Lowers Price Target to $121
➖ NeutralSusquehanna Maintains Neutral on Okta, Lowers Price Target to $80
➖ NeutralCantor Fitzgerald Reiterates Overweight on Okta, Maintains $115 Price Target
📈 PositiveGuggenheim Reiterates Buy on Okta, Maintains $138 Price Target
📈 PositiveOKTA stock has given up its prior loss. Okta shares were trading lower after the company reported Q3 financial results.
➖ NeutralCanaccord Genuity Maintains Buy on Okta, Maintains $120 Price Target
📈 PositiveScotiabank Maintains Sector Perform on Okta, Lowers Price Target to $85
📉 NegativeBMO Capital Maintains Market Perform on Okta, Lowers Price Target to $90
➖ NeutralOkta shares are trading lower after the company reported Q3 financial results.
📉 NegativeMarket-Moving News for December 3rd
➖ NeutralNeedham Maintains Buy on Okta, Lowers Price Target to $110
📈 PositiveBTIG Maintains Buy on Okta, Lowers Price Target to $116
➖ NeutralFrequently Asked Questions about OKTA
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