What is KeyCorp’s Forecast for Okta Q1 Earnings?

Okta, Inc. (NASDAQ:OKTA) – KeyCorp issued their Q1 2026 earnings per share estimates for Okta in a note issued to investors on Thursday, December 19th. KeyCorp analyst E. Heath expects that the company will earn $0.13 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $115.00 target price on the stock. The consensus estimate for Okta’s current full-year earnings is $0.40 per share. KeyCorp also issued estimates for Okta’s Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.12 EPS and Q4 2026 earnings at $0.13 EPS.

OKTA has been the subject of several other research reports. BTIG Research upped their price objective on shares of Okta from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Susquehanna upped their price target on shares of Okta from $85.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, December 4th. Canaccord Genuity Group lifted their price objective on shares of Okta from $82.00 to $94.00 and gave the company a “hold” rating in a research note on Wednesday, December 4th. Scotiabank upped their target price on Okta from $92.00 to $96.00 and gave the stock a “sector perform” rating in a research note on Wednesday, December 4th. Finally, Robert W. Baird raised their target price on Okta from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $104.45.

Okta Stock Up 1.9 %

NASDAQ OKTA opened at $83.28 on Monday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.06. The company has a market cap of $14.27 billion, a price-to-earnings ratio of -237.94, a PEG ratio of 8.61 and a beta of 1.00. The company has a 50 day moving average of $77.63 and a 200-day moving average of $83.30. Okta has a 1-year low of $70.56 and a 1-year high of $114.50.

Insider Transactions at Okta

In other news, Director Jacques Frederic Kerrest sold 131,426 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $80.68, for a total transaction of $10,603,449.68. Following the transaction, the director now directly owns 1,622 shares of the company’s stock, valued at approximately $130,862.96. The trade was a 98.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Larissa Schwartz sold 2,797 shares of the company’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $77.63, for a total transaction of $217,131.11. Following the completion of the transaction, the insider now owns 24,916 shares of the company’s stock, valued at $1,934,229.08. This trade represents a 10.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 371,397 shares of company stock valued at $28,539,445 in the last quarter. Insiders own 7.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new stake in Okta during the third quarter worth about $25,000. Future Financial Wealth Managment LLC purchased a new stake in Okta in the third quarter worth approximately $26,000. Blue Trust Inc. lifted its holdings in Okta by 105.5% in the third quarter. Blue Trust Inc. now owns 372 shares of the company’s stock valued at $28,000 after acquiring an additional 191 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Okta in the third quarter worth approximately $32,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of Okta during the 2nd quarter worth $47,000. Hedge funds and other institutional investors own 86.64% of the company’s stock.

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.