Okta(US:OKTA) ZACKS·2025-10-14 23:00Company Performance - Okta's stock closed at $89.08, reflecting a decrease of -1.18% from the previous trading session, underperforming the S&P 500's daily loss of 0.16% [1] - Over the past month, Okta's shares have declined by 0.85%, lagging behind the Computer and Technology sector's gain of 3.34% and the S&P 500's gain of 1.14% [1] Upcoming Earnings Report - Okta is expected to report earnings of $0.75 per share, indicating a year-over-year growth of 11.94%, with projected quarterly revenue of $729.17 million, up 9.65% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.37 per share and revenue at $2.88 billion, representing increases of +19.93% and +10.3% respectively from the prior year [3] Analyst Estimates and Market Sentiment - Recent revisions in analyst estimates for Okta are seen as a reflection of near-term business trends, with positive revisions indicating optimism about the business outlook [3][4] - The Zacks Consensus EPS estimate has decreased by 0.34% over the past month, and Okta currently holds a Zacks Rank of 4 (Sell) [5] Valuation Metrics - Okta's Forward P/E ratio stands at 26.74, which is a discount compared to the industry average of 70.9 [6] - The company has a PEG ratio of 1.54, while the average PEG ratio for security stocks is 2.82 [6] Industry Context - The Security industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 211, placing it in the bottom 15% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a challenging environment for the Security industry [7]