OKTA Stock Recent News

Jim Cramer breaks down why he's keeping an eye on shares of Okta.

Abercrombie & Fitch (ANF) underestimated itself when it came to tariffs. The company posted an earnings beat after initially telling customers to expect weakness.

Okta Inc OKTA reported better-than-expected financial results for the first quarter after the market close on Tuesday.

While some analysts lowered their price targets by various amounts following the earnings report, some still see the stock as a buy.

U.S. stock futures were lower this morning, with the Dow futures falling around 0.2% on Wednesday.

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced that members of its management team are scheduled to participate in upcoming investor conferences. Details for each event are as follows: Baird Global Consumer, Technology & Services Conference Presenter: Eric Kelleher, President & COO Tuesday, June 3, 2025 at 8:25 a.m. Pacific time (11:25 a.m. Eastern time) FBN Virtual Technology Conference Presenter: Brett Tighe, CFO We.

Okta (NASDAQ:OKTA), a leading cloud-based identity and access management provider, experienced a significant stock decline of 13% in after-hours trading on Tuesday, May 27, following the release of its fiscal 2026 first-quarter financial results (fiscal ends in January). The company's performance exceeded the Wall Street expectations in both earnings and revenue but it was the guidance that didn't sit well with the investors.

I'm not thrilled by the flat guidance, but I think management is being overly cautious rather than signaling real weakness. The drop in expected free cash flow margins is something I'm watching closely, though I think the long-term cash generation potential is still intact. Competition is heating up, especially from Microsoft, but Okta's specialization still gives it an edge in complex identity environments.

Okta, Inc. (NASDAQ:OKTA ) Q1 2026 Earnings Conference Call May 27, 2025 5:00 PM ET Company Participants Dave Gennarelli - Senior Vice President, Investor Relations Todd McKinnon - Chief Executive Officer & Co-Founder Brett Tighe - Chief Financial Officer Eric Kelleher - President & Chief Operating Officer Conference Call Participants Brad Zelnick - Deutsche Bank Eric Heath - KeyBanc Capital Markets Jonathan Ho - William Blair Shrenik Kothari - Baird Andy Nowinski - Wells Fargo Matt Hedberg - RBC Brian Essex - JPMorgan Gabriela Borges - Goldman Saket Kalia - Barclays Gray Powell - BTIG Mike Cikos - Needham & Company Rob Owens - Piper Sandler Shaul Eyal - Cowen Yun Kim - Loop Capital Gregg Moskowitz - Mizuho Securities Ittai Kidron - Oppenheimer & Co. Adam Tindle - Raymond James Rudy Kessinger - DA Davidson John DiFucci - Guggenheim Securities Josh Tilton - Wolfe Research Keith Bachman - BMO Capital Markets Roger Boyd - UBS Dave Gennarelli Hi, everyone. Welcome to Okta's First Quarter of

Okta Co-Founder and CEO Todd McKinnon joins 'Mad Money' host Jim Cramer to talk quarterly results, the cybersecurity space, AI integration, and more.