Okta Inc. (OKTA) Stock Falls on Q4 2026 Earnings

Okta Inc. (OKTA) — Q4 2026 results:

Revenue: $761 million, up about 11.6% year‑over‑year (consensus roughly $764 million).

Profitability and earnings:

Gross profit: $593 million, up ~13.2% year‑over‑year.

Operating profit: $46 million, up about 475% year‑over‑year.

Net income attributable to common shareholders: $87 million, up roughly 278% year‑over‑year.

Diluted EPS: $0.35, up about 150% year‑over‑year (consensus ~ $0.86).

Cash flow and balance sheet:

Cash from operating activities: $258 million, down about 9.8% year‑over‑year.

Capital expenditures: $2.0 million, up 100% year‑over‑year.

Cash and cash equivalents: $858 million, up roughly 109.8% year‑over‑year.

Total liabilities: $2.71 billion, down about 10.6% year‑over‑year.

Wrap-up: The company showed clear operating improvement and stronger profitability compared with a year earlier, though reported EPS missed the analyst estimate. The stock was trading down about 1.19% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Okta Inc. Insider Trading Activity

Okta Inc. insiders have traded $OKTA stock on the open market 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 have been sales.

Here’s a breakdown of recent trading of $OKTA stock by insiders over the last 6 months:

TODD MCKINNON (Chief Executive Officer) has made 0 purchases and 6 sales selling 43,254 shares for an estimated $3,978,324.
ERIC ROBERT KELLEHER (See Remarks) has made 0 purchases and 11 sales selling 21,838 shares for an estimated $1,980,148.
BRETT TIGHE (Chief Financial Officer) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $1,900,691.
LARISSA SCHWARTZ (See Remarks) has made 0 purchases and 7 sales selling 11,037 shares for an estimated $973,574.
JONATHAN JAMES ADDISON (Chief Revenue Officer) has made 0 purchases and 4 sales selling 6,091 shares for an estimated $564,082.
SHIBU NINAN (Chief Accounting Officer) sold 1,052 shares for an estimated $99,940

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Okta Inc. Hedge Fund Activity

We have seen 323 institutional investors add shares of Okta Inc. stock to their portfolio, and 492 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 7,207,555 shares (-74.3%) from their portfolio in Q4 2025, for an estimated $623,237,280
CITADEL ADVISORS LLC added 1,953,389 shares (+377.6%) to their portfolio in Q4 2025, for an estimated $168,909,546
VANGUARD GROUP INC removed 1,751,977 shares (-8.8%) from their portfolio in Q4 2025, for an estimated $151,493,451
FIRST TRUST ADVISORS LP added 1,326,051 shares (+28.2%) to their portfolio in Q4 2025, for an estimated $114,663,629
ALYESKA INVESTMENT GROUP, L.P. removed 1,313,237 shares (-93.6%) from their portfolio in Q4 2025, for an estimated $113,555,603
SQUAREPOINT OPS LLC removed 1,219,332 shares (-61.9%) from their portfolio in Q4 2025, for an estimated $105,435,638
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC added 1,099,962 shares (+113.7%) to their portfolio in Q4 2025, for an estimated $95,113,714

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Okta Inc. Congressional Stock Trading

Members of Congress have traded $OKTA stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $OKTA stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 09/12.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Okta Inc. Analyst Ratings

Wall Street analysts have issued reports on $OKTA in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stephens & Co. issued a "Overweight" rating on 01/14/2026
RBC Capital issued a "Outperform" rating on 01/05/2026
BTIG issued a "Buy" rating on 12/04/2025
JP Morgan issued a "Overweight" rating on 12/01/2025
Cantor Fitzgerald issued a "Overweight" rating on 11/24/2025
Mizuho issued a "Outperform" rating on 11/17/2025
Baird issued a "Outperform" rating on 09/29/2025

To track analyst ratings and price targets for Okta Inc., check out Quiver Quantitative's $OKTA forecast page.

Okta Inc. Price Targets

Multiple analysts have issued price targets for $OKTA recently. We have seen 24 analysts offer price targets for $OKTA in the last 6 months, with a median target of $106.5.

Here are some recent targets:

Richard Poland from Wells Fargo set a target price of $76.0 on 03/03/2026
Gray Powell from BTIG set a target price of $90.0 on 03/02/2026
Joseph Gallo from Jefferies set a target price of $105.0 on 03/02/2026
Jonathan Ruykhaver from Cantor Fitzgerald set a target price of $100.0 on 02/27/2026
Keith Bachman from BMO Capital set a target price of $83.0 on 02/26/2026
Shaul Eyal from TD Cowen set a target price of $105.0 on 02/24/2026
Saket Kalia from Barclays set a target price of $85.0 on 02/24/2026