These Analysts Cut Their Forecasts On Okta After Q2 Results
These Analysts Cut Their Forecasts On Okta After Q2 Results
Okta sees third-quarter earnings of between 57 cents and 58 cents per share, versus the 55-cent estimate, and revenue in a range of $648 million to $650 million, versus the $639.13 million estimate. The company expects fiscal year 2025 earnings between $2.58 and $2.63 per share, versus the $2.42 estimate, and fiscal year revenue in a range of $2.555 billion to $2.565 billion, versus the $2.54 billion estimate.Okta, Inc. (NASDAQ:OKTA) reported better-than-expected second-quarter financial results after Wednesday's closing bell.
Okta公司（納斯達克:okta）在週三收盤後發佈了超出預期的第二季度財務業績報告。
Okta reported quarterly earnings of 72 cents per share, which beat the analyst consensus estimate of 61 cents by 18.03%. Quarterly sales came in at $646 million, which beat the consensus estimate by 2.06% and represents a 16.19% increase from the same period last year.
Okta報告每股收益爲72美分，超出分析師共識預期的61美分18.03%。季度銷售額爲64600萬美元，超出共識預期2.06%，同比增長16.19%。
"Okta is setting the standard for identity security by focusing on relentless innovation and expanding our product offerings within the Workforce Identity Cloud and Customer Identity Cloud," said Todd McKinnon, CEO and co-founder of Okta.
"Okta正在通過不懈創新和擴大我們的產品在職場身份雲和客戶身份雲中樹立身份安全標準，" Okta的CEO兼聯合創始人Todd McKinnon說。
Okta sees third-quarter earnings of between 57 cents and 58 cents per share, versus the 55-cent estimate, and revenue in a range of $648 million to $650 million, versus the $639.13 million estimate. The company expects fiscal year 2025 earnings between $2.58 and $2.63 per share, versus the $2.42 estimate, and fiscal year revenue in a range of $2.555 billion to $2.565 billion, versus the $2.54 billion estimate.
Okta預計第三季度每股收益在57美分至58美分之間，高於55美分的預期，營業收入在64800萬美元至65000萬美元區間內，高於63913萬美元的預期。公司預計2025財年每股收益在2.58美元至2.63美元之間，高於2.42美元的預期，財年營業收入在255.5億美元至256.5億美元區間內，高於254億美元的預期。
Okta shares fell 0.5% to close at $96.54 on Wednesday.
Okta股票週三下跌0.5%，收盤價爲96.54美元。
These analysts made changes to their price targets on Okta following earnings announcement.
這些分析師在盈利公告後調整了對Okta的價格目標。
- Baird analyst Shrenik Kothari maintained Okta with an Outperform and lowered the price target from $108 to $105.
- B of A Securities analyst Madeline Brooks downgraded the stock from Buy to Underperform and lowered the price target from $135 to $75.
- Wells Fargo analyst Andrew Nowinski maintained Okta with an Equal-Weight and lowered the price target from $100 to $90.
- UBS analyst Roger Boyd maintained the stock with a Buy and lowered the price target from $120 to $108.
- Scotiabank analyst Patrick Colville maintained Okta with a Sector Perform and lowered the price target from $104 to $92.
- Baird分析師Shrenik Kothari維持對Okta的買入評級，並將價格目標從108美元下調至105美元。
- 美銀證券分析師Madeline Brooks將該股票的評級從買入降級爲賣出，將價格目標從135美元下調至75美元。
- Wells Fargo分析師Andrew Nowinski維持Okta的Equal-Weight評級，並將目標價從100美元下調至90美元。
- UBS分析師Roger Boyd維持買入評級，並將目標價從120美元下調至108美元。
- Scotiabank分析師Patrick Colville維持Okta的板塊表現評級，並將目標價從104美元下調至92美元。
Considering buying OKTA stock? Here's what analysts think:
考慮購買okta股票嗎？以下是分析師的看法：
