What is William Blair’s Forecast for Okta Q1 Earnings?

Okta, Inc. (NASDAQ:OKTA) – Equities researchers at William Blair issued their Q1 2027 earnings per share estimates for shares of Okta in a research report issued to clients and investors on Tuesday, March 4th. William Blair analyst J. Ho anticipates that the company will post earnings of $0.33 per share for the quarter. The consensus estimate for Okta’s current full-year earnings is $0.42 per share. William Blair also issued estimates for Okta’s Q2 2027 earnings at $0.37 EPS, Q3 2027 earnings at $0.37 EPS, Q4 2027 earnings at $0.48 EPS and FY2027 earnings at $1.55 EPS.

OKTA has been the topic of a number of other reports. BMO Capital Markets lifted their price objective on shares of Okta from $103.00 to $105.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Citigroup boosted their price target on shares of Okta from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday. Sanford C. Bernstein decreased their price objective on shares of Okta from $129.00 to $124.00 and set an “outperform” rating for the company in a research note on Tuesday, December 17th. Piper Sandler lifted their target price on shares of Okta from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 4th. Finally, KeyCorp upped their target price on Okta from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.10.

Okta Trading Up 7.4 %

Shares of Okta stock opened at $116.31 on Thursday. The company has a market capitalization of $19.93 billion, a P/E ratio of -332.31, a price-to-earnings-growth ratio of 6.42 and a beta of 1.09. The stock has a fifty day simple moving average of $89.88 and a 200 day simple moving average of $82.47. Okta has a 12-month low of $70.56 and a 12-month high of $116.75. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.06.

Insider Transactions at Okta

In related news, Director Jacques Frederic Kerrest sold 390,000 shares of the stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $87.09, for a total transaction of $33,965,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Larissa Schwartz sold 2,704 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $80.50, for a total value of $217,672.00. Following the completion of the sale, the insider now owns 24,462 shares of the company’s stock, valued at $1,969,191. The trade was a 9.95 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 849,482 shares of company stock worth $74,422,216. 7.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new stake in Okta in the 3rd quarter worth $25,000. Bank of Jackson Hole Trust purchased a new position in Okta during the 4th quarter valued at about $25,000. Legacy Investment Solutions LLC purchased a new position in Okta during the 3rd quarter valued at about $32,000. TD Private Client Wealth LLC lifted its holdings in Okta by 3,507.7% in the 4th quarter. TD Private Client Wealth LLC now owns 469 shares of the company’s stock worth $37,000 after buying an additional 456 shares during the period. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in shares of Okta in the 4th quarter worth approximately $40,000. 86.64% of the stock is owned by hedge funds and other institutional investors.

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.