Capital One Financial Has Negative View of Okta Q1 Earnings

Okta, Inc. (NASDAQ:OKTA) – Research analysts at Capital One Financial reduced their Q1 2026 earnings estimates for shares of Okta in a research note issued to investors on Wednesday, January 15th. Capital One Financial analyst C. Murphy now expects that the company will earn $0.16 per share for the quarter, down from their previous forecast of $0.17. The consensus estimate for Okta’s current full-year earnings is $0.42 per share. Capital One Financial also issued estimates for Okta’s Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.18 EPS and FY2026 earnings at $0.69 EPS.

A number of other equities analysts have also issued reports on OKTA. Guggenheim reissued a “buy” rating and set a $130.00 price target on shares of Okta in a report on Wednesday, December 4th. Canaccord Genuity Group lifted their target price on Okta from $82.00 to $94.00 and gave the company a “hold” rating in a research note on Wednesday, December 4th. JMP Securities reissued a “market perform” rating on shares of Okta in a report on Wednesday, December 4th. Sanford C. Bernstein cut their price target on Okta from $129.00 to $124.00 and set an “outperform” rating for the company in a research note on Tuesday, December 17th. Finally, The Goldman Sachs Group lifted their price objective on shares of Okta from $97.00 to $107.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $104.61.

Okta Trading Up 1.9 %

NASDAQ OKTA opened at $87.29 on Friday. The firm’s fifty day moving average is $81.05 and its two-hundred day moving average is $82.48. Okta has a one year low of $70.56 and a one year high of $114.50. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market cap of $14.96 billion, a PE ratio of -249.40, a P/E/G ratio of 8.52 and a beta of 1.00.

Insider Buying and Selling at Okta

In other Okta news, CEO Todd Mckinnon sold 233,028 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $82.31, for a total value of $19,180,534.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Larissa Schwartz sold 2,791 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $71.50, for a total transaction of $199,556.50. Following the sale, the insider now directly owns 22,125 shares in the company, valued at $1,581,937.50. This represents a 11.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 369,949 shares of company stock worth $30,201,213. 7.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Okta

Several institutional investors and hedge funds have recently modified their holdings of OKTA. Avior Wealth Management LLC raised its holdings in Okta by 4,844.2% in the 4th quarter. Avior Wealth Management LLC now owns 3,807 shares of the company’s stock valued at $300,000 after acquiring an additional 3,730 shares during the last quarter. Octavia Wealth Advisors LLC purchased a new stake in shares of Okta in the fourth quarter valued at $318,000. Perpetual Ltd purchased a new stake in shares of Okta in the fourth quarter valued at $1,004,000. Legal Advantage Investments Inc. acquired a new position in Okta in the fourth quarter valued at $390,000. Finally, Rezny Wealth Management Inc. lifted its position in Okta by 3.5% during the fourth quarter. Rezny Wealth Management Inc. now owns 19,148 shares of the company’s stock worth $1,509,000 after buying an additional 639 shares during the period. Hedge funds and other institutional investors own 86.64% of the company’s stock.

Okta Company Profile

Okta, Inc operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials.