William Blair Forecasts Okta’s Q4 Earnings (NASDAQ:OKTA)

Okta, Inc. (NASDAQ:OKTA) – Investment analysts at William Blair lifted their Q4 2025 earnings per share estimates for Okta in a research note issued on Wednesday, December 4th. William Blair analyst J. Ho now expects that the company will earn $0.14 per share for the quarter, up from their prior estimate of $0.08. The consensus estimate for Okta’s current full-year earnings is $0.18 per share.

Several other brokerages also recently commented on OKTA. Morgan Stanley raised shares of Okta from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $92.00 to $97.00 in a research report on Monday, December 2nd. Mizuho reduced their price target on shares of Okta from $104.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, October 17th. Canaccord Genuity Group upped their price objective on Okta from $82.00 to $94.00 and gave the company a “hold” rating in a research report on Wednesday. Wells Fargo & Company lifted their target price on Okta from $80.00 to $95.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Susquehanna upped their price target on Okta from $85.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $103.77.

Okta Stock Performance

Shares of OKTA opened at $84.79 on Friday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.18. The stock has a market cap of $14.40 billion, a P/E ratio of -238.60, a P/E/G ratio of 20.94 and a beta of 1.00. The business’s 50 day moving average price is $75.56 and its 200-day moving average price is $84.28. Okta has a 52 week low of $70.56 and a 52 week high of $114.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Itau Unibanco Holding S.A. bought a new stake in Okta in the third quarter worth $25,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Okta in the third quarter valued at $26,000. Blue Trust Inc. lifted its holdings in shares of Okta by 105.5% in the 3rd quarter. Blue Trust Inc. now owns 372 shares of the company’s stock worth $28,000 after acquiring an additional 191 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Okta during the 3rd quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Okta by 71.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 341 shares of the company’s stock valued at $36,000 after purchasing an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 86.64% of the company’s stock.

Insider Transactions at Okta

In other news, insider Larissa Schwartz sold 2,790 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $74.01, for a total transaction of $206,487.90. Following the sale, the insider now directly owns 27,713 shares of the company’s stock, valued at $2,051,039.13. This represents a 9.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jacques Frederic Kerrest sold 131,426 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $80.68, for a total transaction of $10,603,449.68. Following the completion of the transaction, the director now directly owns 1,622 shares of the company’s stock, valued at approximately $130,862.96. This trade represents a 98.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 607,215 shares of company stock valued at $46,304,810. 7.00% of the stock is currently owned by corporate insiders.

Okta Company Profile

Okta, Inc operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials.