Q2 EPS Estimates for Okta Boosted by Capital One Financial

Okta, Inc. (NASDAQ:OKTA) – Capital One Financial boosted their Q2 2026 earnings per share estimates for Okta in a report issued on Thursday, February 6th. Capital One Financial analyst C. Murphy now forecasts that the company will post earnings of $0.18 per share for the quarter, up from their prior forecast of $0.16. The consensus estimate for Okta’s current full-year earnings is $0.42 per share. Capital One Financial also issued estimates for Okta’s FY2026 earnings at $0.70 EPS.

Other equities analysts have also recently issued reports about the company. Sanford C. Bernstein reduced their price objective on Okta from $129.00 to $124.00 and set an “outperform” rating for the company in a report on Tuesday, December 17th. BMO Capital Markets lifted their price objective on Okta from $103.00 to $105.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. BTIG Research lifted their price objective on Okta from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Canaccord Genuity Group lifted their price objective on Okta from $82.00 to $94.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. Finally, JPMorgan Chase & Co. raised Okta from a “neutral” rating to an “overweight” rating and set a $100.00 price objective for the company in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $104.55.

Okta Stock Up 0.7 %

Okta stock opened at $97.66 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.34 and a quick ratio of 1.34. Okta has a 1-year low of $70.56 and a 1-year high of $114.50. The company has a market cap of $16.73 billion, a PE ratio of -279.03, a price-to-earnings-growth ratio of 6.58 and a beta of 1.03. The stock’s 50 day moving average price is $86.33 and its 200 day moving average price is $82.06.

Institutional Investors Weigh In On Okta

Several institutional investors and hedge funds have recently modified their holdings of the stock. Itau Unibanco Holding S.A. acquired a new position in shares of Okta in the third quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new position in shares of Okta in the fourth quarter worth about $25,000. Blue Trust Inc. lifted its stake in shares of Okta by 105.5% in the third quarter. Blue Trust Inc. now owns 372 shares of the company’s stock worth $28,000 after acquiring an additional 191 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of Okta in the third quarter worth about $32,000. Finally, Modus Advisors LLC acquired a new position in shares of Okta in the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 86.64% of the company’s stock.

Insider Buying and Selling at Okta

In other news, Director Jacques Frederic Kerrest sold 65,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $97.50, for a total value of $6,337,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Todd Mckinnon sold 233,028 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was 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. Over the last 90 days, insiders sold 978,168 shares of company stock valued at $84,758,269. Company insiders own 7.00% of the company’s stock.

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.