Okta(US:OKTA) ZACKS·2025-11-26 15:16Core Insights - Analysts project Okta (OKTA) will report quarterly earnings of $0.75 per share, an increase of 11.9% year over year, with revenues expected to reach $730 million, up 9.8% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a reassessment of projections by covering analysts [1][2] Revenue Estimates - The consensus estimate for 'Revenue- Subscription' is $713.53 million, reflecting a year-over-year increase of 9.6% [3] - 'Revenue- Professional services and other' is expected to reach $15.56 million, indicating an 11.1% year-over-year increase [4] Performance Obligations - Analysts estimate 'Current remaining performance obligations (cRPO)' at $2.26 billion, up from $2.06 billion a year ago [4] - 'Remaining performance obligations' are projected to be $4.17 billion, compared to $3.66 billion in the same quarter last year [5] Gross Margin and Customer Metrics - 'Gross margin- Subscription' is forecasted to reach 83.0%, an increase from 78.0% year over year [5] - The total number of customers is expected to reach 20,526, up from 19,450 in the same quarter last year [5] Market Performance - Okta shares have returned -9.1% over the past month, contrasting with the Zacks S&P 500 composite's -0.3% change [6] - With a Zacks Rank 3 (Hold), Okta is anticipated to mirror overall market performance in the near future [6]