Okta (NASDAQ:OKTA) Issues Q2 2025 Earnings Guidance

Okta (NASDAQ:OKTA) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.600-0.610 for the period, compared to the consensus EPS estimate of 0.540. The company issued revenue guidance of $631.0 million-$633.0 million, compared to the consensus revenue estimate of $615.8 million. Okta also updated its FY 2025 guidance to 2.350-2.400 EPS.

Okta Stock Down 4.4 %

NASDAQ OKTA traded down $4.24 during trading hours on Thursday, hitting $92.12. The company had a trading volume of 1,903,431 shares, compared to its average volume of 1,828,090. Okta has a fifty-two week low of $65.04 and a fifty-two week high of $114.50. The company has a market capitalization of $15.42 billion, a price-to-earnings ratio of -44.41 and a beta of 0.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.67 and a quick ratio of 1.67. The firm’s 50 day moving average is $98.65 and its 200 day moving average is $90.21.

Okta (NASDAQ:OKTA) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.49) by $0.35. Okta had a negative net margin of 15.69% and a negative return on equity of 5.69%. The company had revenue of $605.00 million during the quarter, compared to analysts’ expectations of $586.25 million. Sell-side analysts anticipate that Okta will post -1.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

OKTA has been the topic of a number of recent research reports. Truist Financial reissued a hold rating and issued a $105.00 target price (up previously from $85.00) on shares of Okta in a report on Thursday, February 29th. Bank of America upgraded shares of Okta from an underperform rating to a buy rating and raised their price target for the company from $64.00 to $135.00 in a research note on Thursday, February 29th. Royal Bank of Canada raised their price target on shares of Okta from $95.00 to $125.00 and gave the company an outperform rating in a research note on Thursday, February 29th. Piper Sandler raised their price target on shares of Okta from $85.00 to $110.00 and gave the company a neutral rating in a research note on Thursday, February 29th. Finally, Wedbush restated an outperform rating and issued a $130.00 price target on shares of Okta in a research note on Wednesday. Nineteen investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of Hold and an average price target of $103.45.

Insider Buying and Selling

In related news, Director Shellye L. Archambeau sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $106.96, for a total transaction of $534,800.00. Following the transaction, the director now directly owns 6,042 shares of the company’s stock, valued at $646,252.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Shibu Ninan sold 4,279 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $104.14, for a total transaction of $445,615.06. Following the transaction, the chief accounting officer now owns 4,111 shares of the company’s stock, valued at $428,119.54. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Shellye L. Archambeau sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $106.96, for a total transaction of $534,800.00. Following the completion of the sale, the director now directly owns 6,042 shares of the company’s stock, valued at $646,252.32. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by insiders.

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.