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Okta (OKTA) Rises Higher Than Market: Key Facts
In the latest close session, Okta (OKTA) was up +1.13% at $92.10. This change outpaced the S&P 500's 0.54% gain on the day.
Okta's 3Q25 earnings exceeded expectations with 14% y/y revenue growth and improved EBIT margins. Read why I maintain my buy rating on OKTA stock.
The company had guided for 13% to 14% revenue growth and adjusted EPS between $0.60 and $0.61. Let's catch up on the company's recent results to see if the decline is a buying opportunity.
Okta reported Q1 subscription and total revenue growth of 12% Y/Y, beating expectations. The company guided to Q2 revenue and earnings of $711.0M and 84 cents, higher than consensus. Geopolitical ...
However, the preliminary outlook for fiscal year 2026 has raised some concerns among analysts. Okta's initial projection of 7% revenue growth for FY26 falls below the expectations of some analysts ...
Cybersecurity investors tend to prefer growth, and Okta's revenue growth rates are still relatively low compared to top-tier companies in the industry.
Forward-Looking Financial Outlook For the fourth quarter of fiscal 2024, Okta Inc (NASDAQ:OKTA) expects total revenue of $585 million to $587 million, representing a growth rate of 15% year-over-year.
Shares in Okta Inc. jumped more than 24% Tuesday after the identity and access management company reported beats on revenue and earnings in its fiscal 2025 fourth quarter and forecast a better ...
Okta reports its Q3 revenues, earnings and cRPO ahead of consensus. The company’s initial guidance of 7% revenue growth in F2026 misses expectations. Get our list of 10 overlooked stocks ...
Shares in Okta Inc. jumped over 20% in late trading today after the identity and access management company impressed investors with strong earnings and revenue beats in its fiscal fourth quarter.
Okta (NASDAQ: OKTA) shares spiraled lower after the cybersecurity company reported solid second-quarter results but offered a disappointing outlook.
Okta's net dollar retention rate, which is how much revenue came from existing customers over the past 12 months, was 110%. That was similar to the 111% it posted last quarter.