Q1 EPS Estimates for Okta Lowered by Capital One Financial

Okta, Inc. (NASDAQ:OKTA) – Analysts at Capital One Financial dropped their Q1 2026 earnings estimates for Okta in a report issued on Wednesday, January 15th. Capital One Financial analyst C. Murphy now expects that the company will earn $0.16 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for Okta’s current full-year earnings is $0.42 per share. Capital One Financial also issued estimates for Okta’s Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.18 EPS and FY2026 earnings at $0.69 EPS.

Other analysts have also issued research reports about the company. Barclays lifted their price objective on Okta from $81.00 to $96.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 4th. BMO Capital Markets upped their price target on shares of Okta from $103.00 to $105.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft cut shares of Okta from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $115.00 to $85.00 in a research note on Tuesday, November 12th. Sanford C. Bernstein dropped their price target on shares of Okta from $129.00 to $124.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 17th. Finally, KeyCorp upgraded Okta from a “sector weight” rating to an “overweight” rating and set a $115.00 price objective for the company in a research note on Thursday, December 19th. One investment 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $104.45.

Okta Trading Up 1.7 %

NASDAQ:OKTA opened at $85.67 on Friday. The company has a market cap of $14.68 billion, a PE ratio of -244.77, a price-to-earnings-growth ratio of 8.52 and a beta of 1.00. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.06. The company has a 50 day simple moving average of $80.84 and a two-hundred day simple moving average of $82.53. Okta has a 12 month low of $70.56 and a 12 month high of $114.50.

Insider Transactions at Okta

In other Okta news, Director Jacques Frederic Kerrest sold 131,426 shares of Okta stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $80.68, for a total transaction of $10,603,449.68. Following the completion of the sale, the director now directly owns 1,622 shares of the company’s stock, valued at $130,862.96. The trade was a 98.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Larissa Schwartz sold 2,704 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $80.50, for a total value of $217,672.00. Following the transaction, the insider now owns 24,462 shares in the company, valued at approximately $1,969,191. This represents a 9.95 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 369,949 shares of company stock worth $30,201,213. 7.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Okta

Hedge funds have recently modified their holdings of the business. Itau Unibanco Holding S.A. bought a new stake in Okta during the 3rd quarter valued at $25,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Okta during the 3rd quarter worth $26,000. Blue Trust Inc. boosted its position in Okta by 105.5% during the third quarter. Blue Trust Inc. now owns 372 shares of the company’s stock valued at $28,000 after purchasing an additional 191 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in Okta in the third quarter valued at about $32,000. Finally, Modus Advisors LLC bought a new position in Okta in the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 86.64% 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.