What is KeyCorp’s Estimate for Okta Q1 Earnings?

Okta, Inc. (NASDAQ:OKTA) – Investment analysts at KeyCorp issued their Q1 2026 earnings per share estimates for Okta in a research note issued on Thursday, December 19th. KeyCorp analyst E. Heath expects that the company will earn $0.13 per share for the quarter. KeyCorp has a “Overweight” rating and a $115.00 price objective on the stock. The consensus estimate for Okta’s current full-year earnings is $0.40 per share. KeyCorp also issued estimates for Okta’s Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.12 EPS and Q4 2026 earnings at $0.13 EPS.

Several other brokerages have also recently weighed in on OKTA. Piper Sandler lifted their price target on shares of Okta from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 4th. Truist Financial reaffirmed a “hold” rating and set a $92.00 price objective (up from $80.00) on shares of Okta in a report on Wednesday, December 4th. The Goldman Sachs Group upped their target price on shares of Okta from $97.00 to $107.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Sanford C. Bernstein reduced their price target on shares of Okta from $129.00 to $124.00 and set an “outperform” rating on the stock in a report on Tuesday, December 17th. Finally, UBS Group dropped their price objective on shares of Okta from $120.00 to $108.00 and set a “buy” rating for the company in a report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, Okta currently has a consensus rating of “Hold” and a consensus price target of $104.45.

Okta Price Performance

Shares of OKTA opened at $83.60 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.34 and a current ratio of 1.34. The firm’s 50-day simple moving average is $77.63 and its two-hundred day simple moving average is $83.26. Okta has a fifty-two week low of $70.56 and a fifty-two week high of $114.50. The stock has a market cap of $14.33 billion, a PE ratio of -238.86, a price-to-earnings-growth ratio of 8.61 and a beta of 1.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Paloma Partners Management Co acquired a new stake in Okta during the third quarter worth approximately $969,000. SG Americas Securities LLC lifted its position in Okta by 122.3% in the third quarter. SG Americas Securities LLC now owns 17,021 shares of the company’s stock valued at $1,265,000 after acquiring an additional 9,364 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Okta by 62.5% during the second quarter. Truist Financial Corp now owns 522,057 shares of the company’s stock worth $48,870,000 after purchasing an additional 200,770 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Okta by 105.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 358,182 shares of the company’s stock worth $26,627,000 after purchasing an additional 184,107 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Okta by 56.1% in the 3rd quarter. Stifel Financial Corp now owns 37,258 shares of the company’s stock valued at $2,770,000 after purchasing an additional 13,387 shares during the last quarter. Hedge funds and other institutional investors own 86.64% of the company’s stock.

Insider Buying and Selling at Okta

In other news, CEO Todd Mckinnon sold 224,533 shares of the stock in a transaction on Friday, October 18th. The stock was sold at an average price of $74.62, for a total transaction of $16,754,652.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jacques Frederic Kerrest sold 131,426 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $80.68, for a total transaction of $10,603,449.68. Following the completion of the sale, the director now directly owns 1,622 shares in the company, valued at $130,862.96. This trade represents a 98.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 371,397 shares of company stock worth $28,539,445. Insiders own 7.00% of the company’s stock.

About Okta

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.