Okta reported strong results for its fiscal 2025 fourth quarter, outperforming both analysts' estimates and management's guidance.Okta (OKTA -3.68%), a leader in identity and access management software, released its fiscal 2025 fourth-quarter earnings on March 3. Its robust financial performance surpassed both analysts' expectations and its own guidance. Non-GAAP earnings per share (EPS) of $0.78 topped the consensus estimate of $0.74, while revenue of $682 million beat the anticipated $668 million. MetricF ...

Enterprise-scale customers are plumping up the bottom line.Here's our initial take on Okta's (OKTA -3.68%) financial report.Key MetricsMetricQ4 2024Q4 2025Changevs. ExpectationsRevenue$605 million$682 million13%BeatEarnings per share$0.63$0.7824%BeatNet retention rate111%107%-400 bpn/aFree cash flow$166 million$284 million71%n/aOkta's Focus on Large Customers Pays OffIdentity verification software vendor Okta reported solid numbers in the fourth quarter of its 2025 fiscal year, beating Wall Street top- and ...

Core Viewpoint - Okta Inc. has provided an optimistic revenue forecast for the upcoming fiscal year, exceeding analyst expectations [1] Revenue Forecast - The company projects revenue between $2.85 billion and $2.86 billion for the new fiscal year, surpassing the FactSet consensus of $2.79 billion [1] - For the fiscal first quarter, Okta anticipates revenue of $678 million to $680 million, compared to analyst projections of $670 million [1]

Exhibit 99.1 Okta Announces Fourth Quarter And Fiscal Year 2025 Financial Results SAN FRANCISCO – March 3, 2025 – Okta, Inc. (Nasdaq: OKTA), the leading independent Identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2025. "Okta's strong financial results were highlighted by accelerating RPO and cRPO, coupled with record profitability and cash flow," said Todd McKinnon, Chief Executive Officer and co-founder of Okta. "In a rapidly evolving IT and secu ...

WestPark Capital analyst Casey Ryan reiterated Okta Inc OKTA with a Buy and a $140 price target.Okta will report fourth-quarter and fiscal 2025 results on March 3 after the market close.Street estimates call for revenues of $668 million and EPS of $0.73 compared to WestPark estimates for $670 million and $0.71.Also Read: Citigroup Accidentally Sends $81 Trillion To Client, Reverses Error Within HoursKey metrics include total remaining performance obligations (Total RPO), which grew 19% in the third quarter, ...

Company Overview - Okta is set to release its fourth-quarter fiscal 2025 results on March 3, with anticipated non-GAAP earnings in the range of 73-74 cents per share and revenues expected between $667-$669 million, indicating a growth of 10-11% year-over-year [1] - The Zacks Consensus Estimate for earnings has remained steady at 73 cents per share, reflecting a year-over-year growth of 15.87%, while the revenue consensus is pegged at $668.8 million, indicating an increase of 10.6% from the previous year [2] Customer Growth and Product Adoption - Okta exited the third-quarter fiscal 2025 with 19,450 customers and $2.062 billion in current remaining performance obligations, showcasing strong growth prospects for subscription revenues [3] - The number of customers with more than $100 thousand in Annual Contract Value increased by 8% year-over-year to 4,705, indicating robust demand for Okta's solutions [3] - The adoption of Okta's Workforce and Customer Identity solutions is expected to have continued momentum, driven by the integration of AI capabilities across its platforms [4] Product Innovations and Market Demand - Okta is benefiting from strong demand for its Identity Governance solutions, which represent about one-third of contract value in workforce deals, with new products gaining traction [5] - The enhancements to the Auth0 Free Plan, including increased monthly active users and new security features, are expected to help expand Okta's clientele [6] Stock Performance and Valuation - Okta shares have declined by 16.8% over the past 12 months, underperforming the Zacks Computer & Technology sector and the Zacks Security industry [7] - The stock is currently trading at a forward Price/Cash Flow ratio of 23.86X, which is higher than the broader sector's 21.72X, indicating a stretched valuation [10] Industry Trends and Growth Prospects - The global security market is expected to witness double-digit growth over the next five years, with revenues projected to reach $200 billion by 2028, and Identity and Access Management (IAM) is anticipated to be one of the fastest-growing segments [17] - The growing need for secured remote access and enhanced protection during digital transformation is expected to drive demand for IAM solutions, benefiting Okta's long-term prospects [18] Conclusion - Okta's strong portfolio and positive industry trends justify its premium valuation, with a Zacks Rank of 1 (Strong Buy) and a Growth Score of A, indicating a strong investment opportunity [19]

A downtrend has been apparent in Okta (OKTA) lately. While the stock has lost 7.9% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. O ...

Wall Street analysts forecast that Okta (OKTA) will report quarterly earnings of $0.73 per share in its upcoming release, pointing to a year-over-year increase of 15.9%. It is anticipated that revenues will amount to $668.8 million, exhibiting an increase of 10.6% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of thei ...

Core Viewpoint - Okta (OKTA) has shown strong performance in the market, with a year-to-date appreciation of 15.3%, outperforming the broader Zacks Computer and Technology sector and the Zacks Security industry [1] Company Performance - Okta's portfolio demonstrates strength, with high demand for products like Okta Identity Governance and Okta Privileged Access, contributing to growth despite a challenging macroeconomic environment [2] - The company exited the third quarter of fiscal 2025 with 19,450 customers and $2.062 billion in current remaining performance obligations, indicating strong growth prospects for subscription revenues [5] - Customers with over $100 thousand in Annual Contract Value increased by 8% year-over-year to 4,705 [5] Product Innovation - Okta AI, a suite of AI-powered capabilities, is integrated into both Workforce Identity Cloud and Customer Identity Cloud, enhancing user experience and cybersecurity [6] - The Auth0 Free Plan has been upgraded to support 25,000 monthly active users, along with new features such as passwordless login and unlimited connections [7] Market Position - Okta is gaining market share in the cybersecurity domain, outperforming competitors like Microsoft, IBM, and CyberArk, as recognized by Gartner's rankings [8] - The global security market is projected to grow significantly, with Identity and Access Management (IAM) expected to be one of the fastest-growing segments [10][11] Financial Outlook - For Q4 fiscal 2025, Okta anticipates revenues between $667 million and $669 million, reflecting a year-over-year growth of 10-11% [13] - The company expects fiscal 2025 revenues between $2.595 billion and $2.597 billion, indicating a 15% growth from fiscal 2024 [13] - Non-GAAP earnings for fiscal 2025 are projected between $2.75 and $2.76 per share, with a free cash flow margin expected to be 25% [14] Earnings Estimates - The Zacks Consensus Estimate for Okta's earnings has increased to $2.77 per share for fiscal 2025, suggesting a 73.13% growth over fiscal 2024 [15] - For Q4 fiscal 2025, the earnings estimate remains at 73 cents per share, indicating a year-over-year growth of 15.87% [16] Investment Appeal - Okta is viewed as an attractive investment opportunity due to its strong growth prospects and large addressable market, supported by a favorable Zacks Rank and Growth Score [18][20]

Group 1 - CyberArk's stock price has recently increased due to strong results and guidance, indicating a positive market response to the company's performance [1] - The company is viewed as having a strong value proposition and good tailwinds, positioning it as a leading public company in the industry from a quality perspective [1] - The focus is on long-term investment in technology stocks, highlighting the importance of quality investing [1]