Okta: Solid Beat, Even Better Guidance
Here's our initial take on 's (NASDAQ: OKTA) financial report.
Identity verification software vendor Okta reported solid numbers in the fourth quarter of its 2025 fiscal year, beating Wall Street top- and bottom-line estimates and delivering 24% year-over-year earnings growth.
The company added 200 new customers in the quarter, which represents a 4% year-over-year gain. Increasingly, that's coming from large enterprise customers. Okta added 95 customers in the quarter with $100,000 or more in annual contract value. Those customers now represent about one-quarter of Okta's 19,650 total customers and account for more than 80% of the company's total annual contract value.
Source Fool.com
Okta Inc. Stock
€75.70
-1.480%
With 70 Buy predictions and 3 Sell predictions Okta Inc. is one of the favorites of our community.
With a target price of 115 € there is a hugely positive potential of 51.92% for Okta Inc. compared to the current price of 75.7 €.
