Okta (NASDAQ:
OKTA) delivered a strong fiscal Q3 performance, beating expectations on both revenue and earnings as demand for identity security continues to grow. The company reported non-GAAP EPS of $0.82, ahead of the $0.75 consensus, while revenue climbed 12% to $742M, exceeding forecasts of $730.3M. Subscription revenue — Okta’s core driver — rose 11% to $724M, helping push RPO up 17% to $4.29B, signaling durable long-term demand.
Cash generation also strengthened. Operating cash flow reached $218M, up sharply from $159M a year ago, while free cash flow came in at $211M, reflecting improving operational efficiency and disciplined spending. CEO Todd McKinnon highlighted strong traction with large enterprises and growing adoption of Okta Identity Governance and new AI-security features, including Auth0 for AI Agents, which positions Okta in the fast-emerging segment of identity protection for autonomous systems.
Profitability also expanded, with GAAP net income rising to $43M and non-GAAP operating income hitting $178M for a 24% margin. Guidance trended slightly higher as well. For fiscal 2026, Okta now expects $2.906B–$2.908B revenue and $3.43–$3.44 EPS, both modestly above expectations.
TECHNICALS (Chart-Based)
The chart shows OKTA trading at major multi-year support, aligned with the lower boundary of a long-forming bearish flag channel. Price recently bounced near $78–$80, a level tested multiple times since 2023. Holding this zone keeps the structure constructive for a rebound toward $127
A breakdown below the trendline would invalidate the structure and expose $65. Volume remains moderate, and RSI is oversold-leaning, suggesting potential for a short-term bullish reaction if buyers step in.
Cash generation also strengthened. Operating cash flow reached $218M, up sharply from $159M a year ago, while free cash flow came in at $211M, reflecting improving operational efficiency and disciplined spending. CEO Todd McKinnon highlighted strong traction with large enterprises and growing adoption of Okta Identity Governance and new AI-security features, including Auth0 for AI Agents, which positions Okta in the fast-emerging segment of identity protection for autonomous systems.
Profitability also expanded, with GAAP net income rising to $43M and non-GAAP operating income hitting $178M for a 24% margin. Guidance trended slightly higher as well. For fiscal 2026, Okta now expects $2.906B–$2.908B revenue and $3.43–$3.44 EPS, both modestly above expectations.
TECHNICALS (Chart-Based)
The chart shows OKTA trading at major multi-year support, aligned with the lower boundary of a long-forming bearish flag channel. Price recently bounced near $78–$80, a level tested multiple times since 2023. Holding this zone keeps the structure constructive for a rebound toward $127
A breakdown below the trendline would invalidate the structure and expose $65. Volume remains moderate, and RSI is oversold-leaning, suggesting potential for a short-term bullish reaction if buyers step in.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
