Okta (NASDAQ:OKTA) Updates Q1 2026 Earnings Guidance

Okta (NASDAQ:OKTA) updated its first quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 0.760-0.770 for the period, compared to the consensus earnings per share estimate of 0.700. The company issued revenue guidance of $678.0 million-$680.0 million, compared to the consensus revenue estimate of $669.4 million. Okta also updated its FY 2026 guidance to 3.150-3.200 EPS.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on OKTA shares. KeyCorp lifted their price target on shares of Okta from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Tuesday. UBS Group boosted their price objective on shares of Okta from $108.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th. Mizuho raised Okta from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $110.00 to $127.00 in a research report on Tuesday. Needham & Company LLC restated a “buy” rating and set a $115.00 price target on shares of Okta in a research note on Tuesday. Finally, Guggenheim reaffirmed a “buy” rating and set a $130.00 target price on shares of Okta in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.10.

Okta Stock Up 24.3 %

NASDAQ:OKTA opened at $108.31 on Wednesday. Okta has a twelve month low of $70.56 and a twelve month high of $114.50. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $18.56 billion, a price-to-earnings ratio of -309.46, a price-to-earnings-growth ratio of 6.42 and a beta of 1.09. The stock’s 50 day moving average price is $89.88 and its two-hundred day moving average price is $82.47.

Insider Buying and Selling at Okta

In related news, Director Jacques Frederic Kerrest sold 390,000 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $87.09, for a total value of $33,965,100.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Larissa Schwartz sold 2,740 shares of the business’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $97.59, for a total value of $267,396.60. Following the completion of the transaction, the insider now directly owns 22,125 shares in the company, valued at $2,159,178.75. This represents a 11.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 849,482 shares of company stock valued at $74,422,216 in the last quarter. Company insiders own 7.00% 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.