Okta's Q1 Earnings Preview Shows Stable Financial Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2026
0mins
Source: seekingalpha
Okta Inc (OKTA) shares rose by 5.03% as the stock crossed above its 5-day SMA, reflecting positive market conditions.
The company is set to announce its Q1 earnings on May 28th, with Wall Street expecting an EPS of $0.85 and revenue of $751.79 million, indicating a stable financial outlook despite mixed market sentiment. Analysts have noted that Okta has consistently exceeded EPS and revenue estimates in the past, which contributes to a generally positive outlook for the stock.
This upcoming earnings report is crucial for Okta as it may influence investor confidence and stock performance moving forward, especially given the recent upward revisions in EPS estimates.
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Analyst Views on OKTA
Wall Street analysts forecast OKTA stock price to rise
31 Analyst Rating
22 Buy
8 Hold
1 Sell
Moderate Buy
Current: 89.500
Low
75.00
Averages
114.03
High
145.00
Current: 89.500
Low
75.00
Averages
114.03
High
145.00
About OKTA
Okta, Inc. is an independent identity partner. The Company's Okta Platform and Auth0 Platform enable its customers to securely connect the right people to the right technologies and services at the right time. It offers independent and neutral cloud-based identity solutions that allow customers to integrate with nearly any application, service or cloud that they choose through its platforms. Organizations use the Company's platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service applications, on-premises servers, application programming interfaces, IT infrastructure providers, and services from a multitude of devices. Developers leverage its Okta Platform and Auth0 Platform to securely and efficiently embed identity for both human users and, increasingly, AI agents into the software they build. Auth0 for AI Agents enables developers to leverage the Auth0 Platform to secure and scale agentic applications from pilot to production.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Okta to Host Q1 27 Earnings Call on May 28, 2026
- Earnings Call Announcement: Okta, Inc. will host a conference call on May 28, 2026, at 5:00 PM ET to discuss its Q1 27 earnings results, aiming to provide investors with the latest financial information and company developments.
- Live Webcast Access: Investors can access the live webcast of the earnings call by logging onto Okta's investor website, ensuring that all stakeholders can receive timely key information, thereby enhancing transparency and communication efficiency.
- Investor Relations Focus: This earnings call reflects Okta's commitment to investor relations, aiming to enhance market perception of the company's financial health through regular updates and interactions, which in turn boosts investor confidence.
- Future Outlook: During the earnings call, Okta may share insights on its outlook for the upcoming fiscal year and strategic direction, helping investors better understand the company's long-term growth potential and market positioning.
See More
Dell Technologies Shares Surge 30% After Raising Full-Year Guidance
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- American Eagle Outfitters Sales Decline: American Eagle reported a 2% drop in comparable sales for Q1, missing the 3.1% growth forecast by analysts, and provided disappointing Q2 operating income guidance of $45 million to $50 million, below the $65.3 million consensus, leading to an approximately 11% decline in stock price.
- Gap Sales Outlook Downgrade: Gap lowered its full-year sales growth forecast to between 1% and 2%, down from 2% to 3%, with Q1 revenue of $3.50 billion falling short of the $3.52 billion expected by analysts, causing a 13% drop in stock price.
- Okta Performance Exceeds Expectations: Okta's stock rose 12% after it provided current-quarter and full-year revenue guidance that exceeded analyst expectations, alongside Q1 non-GAAP earnings and revenue that also surpassed consensus estimates, indicating strong business growth potential.
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- Strong Earnings Report: Okta's Q1 fiscal 2027 results revealed an adjusted EPS of $0.91, exceeding the consensus estimate of $0.85, highlighting the company's robust performance in the identity management sector.
- Revenue Growth: The company reported a year-over-year revenue increase of 11% to $765 million, surpassing the analyst estimate of $751.8 million, indicating a sustained demand for identity management solutions.
- Optimistic Outlook: Okta anticipates second-quarter revenue between $790 million and $794 million, with adjusted EPS expected to range from $0.95 to $0.97, both above market consensus, reflecting confidence in future growth.
- Upgraded Annual Projections: The company raised its full-year revenue outlook to between $3.19 billion and $3.21 billion, exceeding the $3.18 billion consensus, underscoring its leadership position and growth potential in the identity management market.
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Okta Earnings Preview: Long-Term Growth Potential Driven by Agentic AI
- Market Revaluation Expectations: Analysts anticipate that Okta's market valuation will gradually adjust over time, as the current stock price is impacted by the sluggish SaaS market, yet the long-term growth potential remains intact.
- Stable SaaS Growth: In the preview for Q1 2027 earnings, analysts are focusing on Okta's stable SaaS growth, indicating the company's competitive edge and ongoing appeal in the market.
- Agentic AI Driving Growth: Okta's strategic focus on Agentic AI is expected to fuel future growth, and while facing short-term challenges, the application of this technology may enhance its market position.
- Patience for Valuation Recovery: Despite the current stock price being viewed as undervalued, analysts advise investors to remain patient, as the stock price is expected to gradually recover with the market's re-evaluation of Okta.
See More
Okta Beats Earnings Estimates, Shares Rise 8%
- Strong Earnings Report: Okta reported adjusted earnings per share of 91 cents, exceeding market expectations of 85 cents, with revenue reaching $765 million, surpassing the anticipated $752 million, indicating robust performance amid surging demand for identity security tools.
- Revenue Growth: The company experienced an 11% year-over-year revenue increase, with net income rising from $62 million to $74 million, and earnings per share increasing from 35 cents to 42 cents, reflecting a larger market share in a rapidly growing sector.
- Surge in AI Demand: CEO Todd McKinnon noted that the proliferation of agentic AI is driving demand for identity security tools, and while AI is not yet a major revenue source, the company is positioning itself for long-term growth in this area.
- Stable Guidance Outlook: Okta's guidance for the current quarter aligns closely with market expectations, forecasting revenue between $790 million and $794 million, demonstrating the company's stability and predictability in the face of market fluctuations.
See More
Okta Surpasses Wall Street Fiscal Q1 Estimates Amid AI Demand Surge
- Earnings Beat: Okta reported adjusted earnings per share of 91 cents, exceeding the expected 85 cents, with revenue reaching $765 million, surpassing the $752 million forecast, indicating strong performance amid surging demand for identity security tools.
- Revenue Growth: The company experienced an 11% year-over-year revenue increase, with net income rising from $62 million to $74 million, and earnings per share improving from 35 cents to 42 cents, reflecting robust profitability in a rapidly evolving market.
- Surge in AI Demand: CEO Todd McKinnon noted that the rise of agentic AI is driving demand for identity tools, although AI currently does not constitute a majority of revenue; the company is strategically preparing for future needs over the next 5 to 10 years, showcasing a forward-looking approach.
- Stable Guidance: Okta's guidance for the current quarter aligns closely with estimates, anticipating revenue between $790 million and $794 million, indicating the company's ability to maintain stable growth expectations despite market fluctuations.
See More
Okta to Host Q1 27 Earnings Call on May 28, 2026
- Earnings Call Announcement: Okta, Inc. will host a conference call on May 28, 2026, at 5:00 PM ET to discuss its Q1 27 earnings results, aiming to provide investors with the latest financial information and company developments.
- Live Webcast Access: Investors can access the live webcast of the earnings call by logging onto Okta's investor website, ensuring that all stakeholders can receive timely key information, thereby enhancing transparency and communication efficiency.
- Investor Relations Focus: This earnings call reflects Okta's commitment to investor relations, aiming to enhance market perception of the company's financial health through regular updates and interactions, which in turn boosts investor confidence.
- Future Outlook: During the earnings call, Okta may share insights on its outlook for the upcoming fiscal year and strategic direction, helping investors better understand the company's long-term growth potential and market positioning.
See More
Dell Technologies Shares Surge 30% After Raising Full-Year Guidance
- Dell Technologies Guidance Upgrade: Dell raised its full-year adjusted earnings per share forecast to $17.90, with revenue expected between $165 billion and $169 billion, significantly surpassing analyst expectations of $13.09 per share and $142.5 billion in revenue, resulting in a 30% surge in stock price.
- American Eagle Outfitters Sales Decline: American Eagle reported a 2% drop in comparable sales for Q1, missing the 3.1% growth forecast by analysts, and provided disappointing Q2 operating income guidance of $45 million to $50 million, below the $65.3 million consensus, leading to an approximately 11% decline in stock price.
- Gap Sales Outlook Downgrade: Gap lowered its full-year sales growth forecast to between 1% and 2%, down from 2% to 3%, with Q1 revenue of $3.50 billion falling short of the $3.52 billion expected by analysts, causing a 13% drop in stock price.
- Okta Performance Exceeds Expectations: Okta's stock rose 12% after it provided current-quarter and full-year revenue guidance that exceeded analyst expectations, alongside Q1 non-GAAP earnings and revenue that also surpassed consensus estimates, indicating strong business growth potential.
See More
Okta Reports Strong Q1 2027 Earnings, Raises Full-Year Outlook
- Strong Earnings Report: Okta's Q1 fiscal 2027 results revealed an adjusted EPS of $0.91, exceeding the consensus estimate of $0.85, highlighting the company's robust performance in the identity management sector.
- Revenue Growth: The company reported a year-over-year revenue increase of 11% to $765 million, surpassing the analyst estimate of $751.8 million, indicating a sustained demand for identity management solutions.
- Optimistic Outlook: Okta anticipates second-quarter revenue between $790 million and $794 million, with adjusted EPS expected to range from $0.95 to $0.97, both above market consensus, reflecting confidence in future growth.
- Upgraded Annual Projections: The company raised its full-year revenue outlook to between $3.19 billion and $3.21 billion, exceeding the $3.18 billion consensus, underscoring its leadership position and growth potential in the identity management market.
See More
Okta Earnings Preview: Long-Term Growth Potential Driven by Agentic AI
- Market Revaluation Expectations: Analysts anticipate that Okta's market valuation will gradually adjust over time, as the current stock price is impacted by the sluggish SaaS market, yet the long-term growth potential remains intact.
- Stable SaaS Growth: In the preview for Q1 2027 earnings, analysts are focusing on Okta's stable SaaS growth, indicating the company's competitive edge and ongoing appeal in the market.
- Agentic AI Driving Growth: Okta's strategic focus on Agentic AI is expected to fuel future growth, and while facing short-term challenges, the application of this technology may enhance its market position.
- Patience for Valuation Recovery: Despite the current stock price being viewed as undervalued, analysts advise investors to remain patient, as the stock price is expected to gradually recover with the market's re-evaluation of Okta.
See More
Okta Beats Earnings Estimates, Shares Rise 8%
- Strong Earnings Report: Okta reported adjusted earnings per share of 91 cents, exceeding market expectations of 85 cents, with revenue reaching $765 million, surpassing the anticipated $752 million, indicating robust performance amid surging demand for identity security tools.
- Revenue Growth: The company experienced an 11% year-over-year revenue increase, with net income rising from $62 million to $74 million, and earnings per share increasing from 35 cents to 42 cents, reflecting a larger market share in a rapidly growing sector.
- Surge in AI Demand: CEO Todd McKinnon noted that the proliferation of agentic AI is driving demand for identity security tools, and while AI is not yet a major revenue source, the company is positioning itself for long-term growth in this area.
- Stable Guidance Outlook: Okta's guidance for the current quarter aligns closely with market expectations, forecasting revenue between $790 million and $794 million, demonstrating the company's stability and predictability in the face of market fluctuations.
See More
Okta Surpasses Wall Street Fiscal Q1 Estimates Amid AI Demand Surge
- Earnings Beat: Okta reported adjusted earnings per share of 91 cents, exceeding the expected 85 cents, with revenue reaching $765 million, surpassing the $752 million forecast, indicating strong performance amid surging demand for identity security tools.
- Revenue Growth: The company experienced an 11% year-over-year revenue increase, with net income rising from $62 million to $74 million, and earnings per share improving from 35 cents to 42 cents, reflecting robust profitability in a rapidly evolving market.
- Surge in AI Demand: CEO Todd McKinnon noted that the rise of agentic AI is driving demand for identity tools, although AI currently does not constitute a majority of revenue; the company is strategically preparing for future needs over the next 5 to 10 years, showcasing a forward-looking approach.
- Stable Guidance: Okta's guidance for the current quarter aligns closely with estimates, anticipating revenue between $790 million and $794 million, indicating the company's ability to maintain stable growth expectations despite market fluctuations.
See More
