Okta Inc reports results for the quarter ended April 30 - Earnings Summary
Okta Inc reports results for the quarter ended April 30 - Earnings Summary
Okta Inc OKTA.OQ reported quarterly adjusted earnings of 91 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of forty three analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 84 cents to 88 cents per share.
Revenue rose 11.2% to $765.00 million from a year ago; analysts expected $751.88 million.
Okta Inc's reported EPS for the quarter was 42 cents.
The company reported quarterly net income of $74 million.
Okta Inc shares had risen by 13.7% this quarter and gained 3.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 35 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for Okta Inc is $100.00, about 10.5% above its last closing price of $89.50
This summary was machine generated from LSEG data May 28 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.85 | 0.91 | Beat |
Jan. 31 2026 | 0.85 | 0.90 | Beat |
Oct. 31 2025 | 0.76 | 0.82 | Beat |
Jul. 31 2025 | 0.84 | 0.91 | Beat |
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