Okta, Inc. (OKTA) option IV elevated into quarter results

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Okta, Inc (OKTA) PT Lowered to $138 at Guggenheim

May 28, 2025 5:36 AM EDT

Guggenheim analyst John DiFucci lowered the price target on Okta, Inc (NASDAQ: OKTA) to $138.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Key Message: OKTAs headline results exceeded consensus estimates, but the report looks challenging upon further inspection, as New ACV declined in the period more than we would have anticipated (-28%),... More

Cantor Fitzgerald Reiterates Overweight Rating on Okta, Inc (OKTA)

May 28, 2025 5:28 AM EDT

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $130.00 price target on Okta, Inc (NASDAQ: OKTA).

The analyst comments "Investment Summary. We maintain our Overweight rating and reiterate our 12-month PT of $130. Okta delivered a solid 1Q26, outperforming FactSet consensus across revenue,... More

Okta, Inc (OKTA) PT Lowered to $140 at DA Davidson

May 28, 2025 5:17 AM EDT

DA Davidson analyst Rudy Kessinger lowered the price target on Okta, Inc (NASDAQ: OKTA) to $140.00 (from $145.00) while maintaining a Buy rating.

The analyst comments "OKTA delivered a strong FQ1 beat on all metrics (+14% Y/Y CRPO growth vs. guidance & cons. of... More

Okta, Inc (OKTA) PT Raised to $130 at Evercore ISI

May 28, 2025 5:16 AM EDT

Evercore ISI analyst Kirk Materne raised the price target on Okta, Inc (NASDAQ: OKTA) to $130.00 (from $122.00) while maintaining a Outperform rating.

The analyst comments "OKTA reported a solid quarter, but results fell short of buy-side expectations as the magnitude beat was light relative to historical performance. While OKTA beat the quarter, subscription revenue growth of 11.6% y/y, missed the bogey. With the stock up ~60% YTD, expectations heading into the print were elevated and rightfully so given the positive channel checks, as well as mgmts F4Q25 commentary suggesting that prior execution... More

Goldman Sachs Reiterates Buy Rating on Okta, Inc (OKTA)

May 28, 2025 5:09 AM EDT

Goldman Sachs analyst Gabriela Borges reiterated a Buy rating and $137.00 price target on Okta, Inc (NASDAQ: OKTA)

The analyst comments "Okta is indicated down 13% after hours post 1QFY (April) earnings. 1QFY revenue was 1% above the Street (FactSet), cRPO was 2% above, and EBIT margin was ~200bps above. 2QFY revenue guidance is in line with the Street and cRPO guidance is 1% below. FY26... More

Okta, Inc (OKTA) PT Lowered to $130 at Jefferies

May 28, 2025 4:57 AM EDT

Jefferies analyst Brent Thill lowered the price target on Okta, Inc (NASDAQ: OKTA) to $130.00 (from $135.00) while maintaining a Hold rating.

The analyst comments "OKTA delivered healthy results with 14% yoy cRPO growth beating the guide midpoint by 2%, but missed elevated investor expectations of... More

Okta earnings preview: Analyst checks indicate solid demand

May 27, 2025 1:00 PM EDT

Okta, Inc. (NASDAQ: OKTA) is set to report its earnings after the close, with analysts expecting solid first-quarter results.

Both KeyBanc and BTIG said channel checks indicate strengthening demand and growing interest in its identity governance capabilities.

KeyBanc Capital Markets said in a preview note that feedback from several partners for Oktas fiscal Q1 was solid and generally consistent... More