Okta (OKTA) Expected to Announce Earnings on Wednesday

Okta (NASDAQ:OKTA) is expected to be announcing its Q4 2026 results after the market closes on Wednesday, March 4th. Analysts expect Okta to post earnings of $0.85 per share and revenue of $749.8650 million for the quarter. Okta has set its FY 2026 guidance at 3.430-3.440 EPS and its Q4 2026 guidance at 0.840-0.850 EPS. Interested persons can check the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Wednesday, March 4, 2026 at 5:00 PM ET.

Okta (NASDAQ:OKTA) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. Okta had a net margin of 6.87% and a return on equity of 3.77%. The business had revenue of $742.00 million during the quarter, compared to analyst estimates of $730.23 million. During the same period in the prior year, the business earned $0.67 EPS. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. On average, analysts expect Okta to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Okta Price Performance

Shares of NASDAQ OKTA opened at $72.50 on Monday. Okta has a 1 year low of $68.77 and a 1 year high of $127.57. The company’s 50-day moving average is $86.40 and its 200 day moving average is $87.86. The stock has a market capitalization of $12.85 billion, a P/E ratio of 66.51, a P/E/G ratio of 2.81 and a beta of 0.79.

Okta announced that its Board of Directors has approved a stock buyback program on Monday, January 5th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 6.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

OKTA has been the topic of a number of research analyst reports. Jefferies Financial Group upgraded Okta from a “hold” rating to a “buy” rating and upped their target price for the stock from $90.00 to $125.00 in a report on Tuesday, December 16th. Truist Financial dropped their price target on Okta from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Needham & Company LLC reiterated a “buy” rating and issued a $110.00 price objective on shares of Okta in a report on Friday, December 12th. Citigroup reissued a “neutral” rating on shares of Okta in a research report on Monday, January 12th. Finally, Piper Sandler boosted their target price on shares of Okta from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Okta presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.57.

Insider Buying and Selling

In related news, insider Eric Robert Kelleher sold 8,370 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $90.19, for a total value of $754,890.30. Following the transaction, the insider owned 11,266 shares in the company, valued at $1,016,080.54. The trade was a 42.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Brett Tighe sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $95.07, for a total transaction of $950,700.00. Following the sale, the chief financial officer owned 134,385 shares of the company’s stock, valued at approximately $12,775,981.95. This represents a 6.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 37,245 shares of company stock worth $3,385,624 in the last 90 days. 5.68% of the stock is owned by company insiders.

Institutional Investors Weigh In On Okta

Institutional investors and hedge funds have recently made changes to their positions in the company. Sivia Capital Partners LLC purchased a new stake in shares of Okta in the 2nd quarter worth $244,000. Centaurus Financial Inc. increased its position in Okta by 29.7% in the third quarter. Centaurus Financial Inc. now owns 1,709 shares of the company’s stock worth $157,000 after buying an additional 391 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Okta by 103.3% in the third quarter. Larson Financial Group LLC now owns 1,159 shares of the company’s stock worth $106,000 after buying an additional 589 shares during the period. Horizon Investments LLC bought a new position in shares of Okta in the third quarter worth about $145,000. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Okta by 73.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,563 shares of the company’s stock valued at $143,000 after buying an additional 663 shares in the last quarter. Institutional investors own 86.64% of the company’s stock.

Okta News Roundup

Here are the key news stories impacting Okta this week:

• Positive Sentiment: Zacks upgraded Okta to a “Strong Buy,” signaling growing optimism that its upcoming results could surprise positively and support a rally. Okta (OKTA) Upgraded to Strong Buy
• Positive Sentiment: Cantor Fitzgerald kept an Overweight rating even after trimming its price target, indicating some analysts still see meaningful upside if fundamentals stabilize. Cantor Fitzgerald price target note
• Neutral Sentiment: MarketBeat highlights Okta as one of the beaten-down SaaS names that could bounce if its next report reassures investors; the March earnings cadence is framed as the key near-term catalyst (can go either way). After a Brutal Selloff, Are These 3 SaaS Giants About to Bounce?
• Neutral Sentiment: Countdown/preview pieces (Yahoo/Zacks) urge investors to look beyond revenue and EPS for metrics such as customer retention, ARR trends, and margin drivers—items that will likely determine the stock’s direction after the report. Countdown to Okta (OKTA) Q4 Earnings
• Negative Sentiment: BMO trimmed its price target and lowered its rating to “market perform,” reflecting more cautious near-term expectations and adding downward pressure on sentiment. BMO price target cut
• Negative Sentiment: Broad sector fears that AI could compress SaaS pricing/usage (the so‑called “SaaSpocalypse”) continue to drive selling across names including Okta; if Okta’s results or guidance disappoint, the selloff could accelerate. 2 Tech Stocks That Could Go Parabolic

About Okta

Okta, Inc is a publicly traded provider of identity and access management solutions, headquartered in San Francisco, California. Founded in 2009 by Todd McKinnon and Frederic Kerrest, the company completed its initial public offering in April 2017. Under the leadership of McKinnon as chief executive officer and Kerrest as chief operating officer, Okta has grown into a leading vendor in the cybersecurity space, focusing on secure user authentication, single sign-on and lifecycle management for digital identities.

At the core of Okta’s offering is the Okta Identity Cloud, a suite of cloud-native services that enable organizations to manage user access across web and mobile applications, on-premises systems and APIs.