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

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

Okta Announces First Quarter Fiscal Year 2026 Financial Results

May 27, 2025 4:01 PM EDT

Q1 revenue and subscription revenue grew 12% year-over-year Remaining performance obligations (RPO) grew 21% year-over-year; current remaining performance obligations (cRPO) grew 14% year-over-year Record GAAP and non-GAAP operating profitability Operating cash flow of $241 million and free cash flow of $238 million

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its first quarter ended April 30, 2025.

Okta had a solid start to FY26 highlighted by record operating profit and another quarter of robust free cash... More