Okta (OKTA) expected to report revenue growth of 10.4% in Q4 earnings

From Stock Story: 2025-03-02 08:00:54

Okta (OKTA) is set to report earnings, following a strong quarter where revenue exceeded expectations by 2.4% at $665 million. Analysts anticipate revenue growth of 10.4% to $668 million this quarter, with adjusted earnings expected at $0.74 per share. Peers in the cybersecurity sector like Qualys and Palo Alto Networks have already reported results, with Qualys up 10.1% and Palo Alto Networks up 14.3%. Okta is down 2.7% over the last month, heading into earnings with an average analyst price target of $106.00. Generative AI is expected to impact large corporations, with semiconductor stocks like Nvidia and AMD trading near all-time highs. For a different perspective, consider a lesser-known profitable semiconductor stock in the AI space.



Read more at Stock Story: Okta (OKTA) Q4 Earnings: What To Expect