Q1 EPS Estimates for Okta Reduced by Capital One Financial

Okta, Inc. (NASDAQ:OKTA) – Capital One Financial lowered their Q1 2026 earnings per share estimates for Okta in a research note issued on Wednesday, January 15th. Capital One Financial analyst C. Murphy now expects that the company will earn $0.16 per share for the quarter, down from their previous estimate of $0.17. The consensus estimate for Okta’s current full-year earnings is $0.42 per share. Capital One Financial also issued estimates for Okta’s Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.18 EPS and FY2026 earnings at $0.69 EPS.

A number of other research firms have also recently commented on OKTA. Stifel Nicolaus upped their target price on shares of Okta from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Sanford C. Bernstein decreased their price objective on shares of Okta from $129.00 to $124.00 and set an “outperform” rating on the stock in a report on Tuesday, December 17th. Westpark Capital reiterated a “buy” rating and issued a $140.00 target price on shares of Okta in a report on Wednesday, December 4th. Royal Bank of Canada restated an “outperform” rating and set a $101.00 price target on shares of Okta in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group raised their price target on Okta from $97.00 to $107.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $104.61.

Okta Stock Performance

Shares of Okta stock opened at $87.29 on Friday. The business’s fifty day simple moving average is $81.05 and its 200-day simple moving average is $82.48. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.06. The firm has a market cap of $14.96 billion, a PE ratio of -249.40, a price-to-earnings-growth ratio of 8.52 and a beta of 1.00. Okta has a 52 week low of $70.56 and a 52 week high of $114.50.

Institutional Trading of Okta

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OKTA. Itau Unibanco Holding S.A. purchased a new position in shares of Okta in the 3rd quarter valued at $25,000. Future Financial Wealth Managment LLC purchased a new stake in Okta in the third quarter valued at $26,000. Blue Trust Inc. boosted its stake 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 in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Okta during the third quarter worth about $32,000. Finally, Modus Advisors LLC acquired a new stake in shares of Okta during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 86.64% of the company’s stock.

Insider Activity at Okta

In other news, insider Larissa Schwartz sold 2,791 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $71.50, for a total transaction of $199,556.50. Following the sale, the insider now owns 22,125 shares of the company’s stock, valued at approximately $1,581,937.50. This trade represents a 11.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Todd Mckinnon sold 233,028 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $82.31, for a total value of $19,180,534.68. The disclosure for this sale can be found here. Insiders have sold 369,949 shares of company stock valued at $30,201,213 over the last quarter. 7.00% of the stock is owned by insiders.

About Okta

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.