Okta(US:OKTA) ZACKS·2025-11-19 23:51Core Insights - Okta's stock closed at $80.11, reflecting a -1.14% change from the previous day, underperforming compared to the S&P 500's 0.38% gain [1] - The stock has decreased by 9.41% over the past month, significantly lagging behind the Computer and Technology sector's loss of 1.1% and the S&P 500's loss of 0.64% [1] Earnings Forecast - Okta's upcoming earnings report is scheduled for December 2, 2025, with an expected EPS of $0.75, representing an 11.94% increase year-over-year [2] - Revenue is projected to be $729.17 million, indicating a 9.65% growth compared to the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $3.37 per share and revenue at $2.88 billion, reflecting increases of +19.93% and +10.38% respectively from the previous year [3] Analyst Revisions - Recent revisions to analyst forecasts for Okta are crucial as they indicate changing business trends, with upward revisions suggesting positive sentiment towards the company's operations [4] Zacks Rank and Valuation - Okta currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 24.04, which is a discount compared to the industry average of 66.53 [6] - The company has a PEG ratio of 1.38, lower than the Security industry's average PEG ratio of 2.69 [7] Industry Context - The Security industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 51, placing it in the top 21% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]