Okta (NASDAQ:OKTA – Get Free Report) updated its fourth quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.730-0.740 for the period, compared to the consensus earnings per share estimate of 0.670. The company issued revenue guidance of $667.0 million-$669.0 million, compared to the consensus revenue estimate of $650.7 million. Okta also updated its FY 2025 guidance to 2.750-2.760 EPS.
Okta Trading Up 1.1 %
Shares of OKTA stock traded up $0.86 on Tuesday, reaching $81.71. The stock had a trading volume of 7,999,645 shares, compared to its average volume of 2,383,638. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 1.83. Okta has a 1 year low of $70.56 and a 1 year high of $114.50. The company has a 50 day simple moving average of $75.03 and a 200 day simple moving average of $84.42.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price objective on shares of Okta from $90.00 to $80.00 and set an “equal weight” rating for the company in a research note on Thursday, October 17th. Royal Bank of Canada decreased their price target on Okta from $125.00 to $101.00 and set an “outperform” rating on the stock in a report on Thursday, October 17th. Morgan Stanley raised Okta from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $92.00 to $97.00 in a research note on Monday. Deutsche Bank Aktiengesellschaft cut Okta from a “buy” rating to a “hold” rating and lowered their price target for the stock from $115.00 to $85.00 in a report on Tuesday, November 12th. Finally, BTIG Research cut their price objective on shares of Okta from $128.00 to $98.00 and set a “buy” rating for the company in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $98.62.
Insider Buying and Selling at Okta
In other Okta news, CRO Jonathan James Addison sold 9,850 shares of Okta stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $77.63, for a total value of $764,655.50. Following the completion of the sale, the executive now directly owns 14,601 shares in the company, valued at $1,133,475.63. The trade was a 40.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Larissa Schwartz sold 2,790 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $74.01, for a total value of $206,487.90. Following the transaction, the insider now directly owns 27,713 shares in the company, valued at approximately $2,051,039.13. This represents a 9.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 475,789 shares of company stock worth $35,701,361 in the last ninety days. 7.00% of the stock is 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.
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