Okta, Inc. is a leading identity and access management company that provides a robust platform for secure user authentication and authorization. It offers solutions that enable organizations to manage and secure user identities across various applications and devices, ensuring that the right individuals have the appropriate access to company resources. By leveraging advanced technologies like single sign-on and multi-factor authentication, Okta helps businesses enhance security, streamline user experiences, and simplify the management of user credentials, ultimately empowering them to operate more efficiently in a digital-first world. Read More
Okta’s third quarter results were shaped by strong customer demand for its expanding identity management portfolio, especially among large enterprises. Management credited the outperformance to robust adoption of new products, such as Okta Identity Governance and AI-focused security solutions, which address increasingly complex identity needs. CEO Todd McKinnon highlighted that, “Customers frustrated managing dozens of disparate identity systems are turning to Okta for a modern, unified platform.” However, the negative market reaction reflected concerns about the sustainability of these recent gains, as some partners and customers remain cautious about consolidating identity solutions amid evolving enterprise IT priorities.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
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Shares of identity management company Okta (NASDAQ:OKTA) jumped 3.6% in the afternoon session after it reported third-quarter financial results that beat analyst expectations and issued an upbeat forecast for the fourth quarter. Okta's total revenue for the quarter reached $742 million, an 11.6% increase from the prior year, surpassing the consensus forecast of $730 million. The identity-management firm also posted adjusted earnings of $0.82 per share, which was better than the anticipated $0.76. Looking ahead, Okta guided for fourth-quarter revenue of around $749 million, exceeding analysts' projections. The company also raised its full-year guidance for adjusted earnings per share.
Okta’s stock dropped 4% in Wednesday’s premarket trading despite Q3 metrics beating estimates, as the firm highlighted concerns about slowing growth in key metrics.
Identity management company Okta (NASDAQ:OKTA) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 11.6% year on year to $742 million. Guidance for next quarter’s revenue was better than expected at $749 million at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP profit of $0.82 per share was 8.4% above analysts’ consensus estimates.
Identity management company Okta (NASDAQ:OKTA) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 11.6% year on year to $742 million. Guidance for next quarter’s revenue was better than expected at $749 million at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP profit of $0.82 per share was 8.4% above analysts’ consensus estimates.
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While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced that it has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Access Management for the ninth consecutive year. A complimentary version of the full report can be found here.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its third quarter fiscal year 2026 ended October 31, 2025 after the U.S. market close on Tuesday, December 2, 2025. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
In a day marked by significant market activity, identity management giant Okta (NASDAQ: OKTA) found itself in the spotlight as a "market mover," not necessarily due to a specific positive announcement, but rather reflecting the complex interplay of broader economic currents, sector-specific dynamics, and evolving investor sentiment. While explicit details
