Okta Announces First Quarter Fiscal Year 2026 Financial Results

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

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)

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

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

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)

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

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, Inc. (OKTA) Tops Q1 EPS by 9c, Beats on Revenue; Offers FY26 Guidance

Okta, Inc. (NASDAQ: OKTA) reported Q1 EPS of $0.86, $0.09 better than the analyst estimate of $0.77. Revenue for the quarter came in at $688 million versus the consensus estimate of $680.33 million.

GUIDANCE:

Okta, Inc. sees FY2026 EPS of $3.23-$3.28, versus the consensus of... More