Okta Stock News

The cybersecurity company has put investors on a roller-coaster ride in 2025.

20% — This figure closely reflects the decrease in Okta's (NASDAQ:OKTA) market capitalization over the past six months. Below is a succinct overview of the factors that led to this decline — along with what could happen next.

OKTA is an even better Buy after the correction post-FQ3'26 earnings call, with it offering a deep-value Buy opportunity into agentic cybersecurity growth opportunities. Despite the decelerating revenue growth and the stagnant net retention rates, the expanding Rule of 40 performance and the growing multi-year backlog support its recovery investment thesis. This is significantly aided by OKTA's...

Why? Because the company “failed” to provide a fiscal 2027 update. But what business typically provides its subsequent fiscal year guidance with its Q3 release?

I am downgrading Okta to a 'hold' after its Q3 FY26 earnings, despite beating revenue and earnings estimates. Unimpressive forward guidance and slowing cRPO growth undermine confidence in a near-term revenue reacceleration, despite management's optimism in their product innovation. Okta's growth lags CyberArk, with consensus forecasting high single-digit revenue growth versus CYBR's superior tr...

Okta Inc (NASDAQ:OKTA) reported third quarter fiscal 2026 results that exceeded Wall Street expectations across key metrics, including revenue, earnings per share, and forward guidance. The cloud-based identity management service reported revenue of $742 million, up roughly 12% year-over-year and above analyst estimates of around $730 million.

Okta's Q3 beat on revenue, margins, and FCF, but the stock slipped as rich pre-earnings valuation left no room for merely "good" results. Despite AI product launches and strong partner channel growth, OKTA's business remains low-double-digit growth, with Q4 cRPO guidance decelerating to 9% YoY. My FY2027 sales estimate of $3.17 billion is only ~0.3% above consensus, suggesting limited upside fo...

Okta, Inc. (OKTA) Q3 2026 Earnings Call Transcript