Funtap/iStock via Getty ImagesMore than a year ago, I thought Okta, Inc. (NASDAQ:OKTA) stock was ready for a reversal in prospects despite a lackluster YTD performance leading up to my article. OKTA, which was trading around $71 back then, reversed as predicted and hit a high of around $110 in March 2024 before losing most of those gains. Last Thursday, in a wild trading session, Okta stock dropped almost 18% after reporting decent earnings that failed to impress the market. Although there is no questio ...

订阅收入和客户情况 - 公司订阅收入为6.32亿美元，同比增长17%[72] - 公司拥有超过19,300家客户，遍及几乎所有行业[74] - 订阅收入占总收入的98%，同比增长17%[97][98] - 用户数据和收入增长强劲，体现在净留存率达110%[99] - 客户总数达19300家,其中年合同价值超10万美元的客户达4620家[131][133] - 基于合同价值的净留存率为110%,较2023年下降5个百分点[131][134][136] - 剩余履约义务达35.05亿美元,较2023年增加4.78亿美元[131][137] 财务表现 - 公司净亏损1,100万美元,同比亏损减少[92] - 总收入同比增长16%，达6.46亿美元[97] - 订阅业务毛利率为78%，同比提升1个百分点[102][103] - 研发费用占总收入的25%，同比下降5个百分点[107][108] - 销售和营销费用占总收入的38%，同比下降10个百分点[113] - 一般及管理费用占总收入的17%，同比下降4个百分点[115] - 通过提高运营效率,毛利率和各项费用占比均有所改善[104][105][106][116] - 一般和行政费用下降1600万美元,主要由于股票激励费用减少[117] - 重组和其他费用为零,而2023年同期为1700万美元[120][121] - 利息和其他净收益下降4700万美元,主要由于提前偿还可转换票据的收益减少[122][123][124] - 所得税费用下降2400万美元,主要由于2024年上半年预计亏损占全年预计利润的比重较高[127][128][129] 现金流和资产负债情况 - 公司持有23.58亿美元现金及短期投资,用于日常运营和潜在并购[139][140][141] - 公司回购了5.51亿美元可转换票据,产生3亿美元提前偿还收益[142][143][144] - 公司现金和现金等价物、投资以及销售产品和服务产生的现金将足以满足短期和长期的预期营运资金和资本支出需求[147] - 公司大部分客户预付年度订阅费用，因此公司的现金来源主要来自递延收入[148] - 公司最近6个月经营活动产生的现金流增加1.23亿美元,主要由于从客户收到的现金增加以及支出效率提高[151] - 公司最近6个月投资活动使用的现金增加5.92亿美元,主要由于可供出售证券到期和出售所得现金减少,以及支付业务收购和购买可供出售证券等增加[152,153] - 公司最近6个月筹资活动使用的现金减少5.54亿美元,主要由于偿还可转换票据的付款减少[154] 风险因素 - 公司面临外汇汇率波动风险,但目前尚未对其采取任何对冲措施[159] - 公司面临利率风险,但目前利率变动对其现金等价物和投资组合的影响并不重大[160-162] - 公司发行的可转换票据具有固定利率,不存在经济利率风险,但票据公允价值会受利率变动影响[163,164] - 公司面临激烈的市场竞争，主要竞争对手包括微软等大型企业，这些竞争对手拥有更强大的财务、技术、销售和营销等资源[191,192] - 公司过去曾遭受网络安全事件的影响,可能会对未来财务业绩产生不利影响[78] - 公司过去多年一直亏损,虽然在2024财年第三季度实现了盈利,但未来可能再次亏损,如果无法持续保持盈利,可能会对公司股价产生不利影响[195] - 公司需要不断吸引新客户,并增加现有客户的使用量,如果无法实现这些目标,可能会影响收入增长[196,197,198,199] - 公司依赖客户续订订阅并购买更多许可或订阅,如果客户续订率下降,可能会对未来经营业绩产生不利影响[201] - 客户增长近期放缓可能低于预期[203] - 公司季度业绩存在波动性,受多方面因素影响[204,205,206,207] - 研发资源投入和成功完成收购对于推出新产品和功能至关重要[208,209,210] - 收购和战略交易存在多方面风险[213,214,215] - 国际业务拓展面临多方面挑战[216,217] - 需要持续适应快速技术变革以保持竞争力[218] - 销售周期的增加导致业绩波动性加大[219,220] - 依赖第三方合作伙伴关系的成功对公司增长至关重要[221] - 有效发展和扩大营销和销售能力对于增加客户群和获得更广泛市场认可至关重要[222] - 公司正在努力扩大直销团队和渠道合作伙伴,但可能无法实现预期的收入增长[224] - 客户实施公司产品可能会出现延迟、效率低下或其他失败的情况[225] - 政府客户合同存在多方面的挑战和风险,如预算周期、合规要求等[226] - 公司需要持续提升品牌知名度,但之前的品牌推广活动效果不佳[228,229] - 公司可能需要调整产品价格,但价格调整可能会影响客户吸引和保留[230] - 公司可能需要额外融资以支持未来发展,但融资失败可能会限制公司的竞争能力[231] - 公司可能会因合同违约而面临责任索赔,但现有保险可能无法充分覆盖损失[232,233] - 日益复杂的环境、社会和公司治理(ESG)问题可能会增加公司成本或产生其他不利影响[234,235,236] - 技术或基础设施中断可能会导致客户服务中断,影响公司声誉和业务[237,238,240] -

Shares of the cybersecurity stock fell as it called for slowing growth ahead.Shares of Okta (OKTA -16.21%), the cloud-based identity software company, were taking a dive after the company reported third-quarter numbers that beat headline estimates, but its guidance missed the mark in some key metrics.As a result, the stock was down 16.1% as of 11:32 a.m. ET on the news. Okta is still stuck in second gearOkta's revenue growth was solid, but investors seem to be hoping that the company can accelerate growth b ...

Okta (OKTA) reported second-quarter fiscal 2025 earnings of 72 cents per share, beating the Zacks Consensus Estimate by 18.03%. The company posted earnings of 31 cents per share in the year-ago quarter.Total revenues increased 16% year over year to $646 million and surpassed the consensus mark by 2.18%. The year-over-year upside can be attributed to higher subscription revenues.OKTA raised its top-line guidance for the fiscal 2025 based on its strong second-quarter performance and operational efficiencies.T ...

Shares of Okta Inc OKTA tanked in early trading on Thursday, even after the company reported upbeat second-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings.DA Davidson: Okta reported revenues and earnings of $646 million and 72 cents per share. It beat the consensus of $632.7 million and 61 cents per share, respectively. However, the company's subscription revenue growth decelerated to 17% year-on-ye ...

Michael ViInvestment Thesis Okta (NASDAQ:OKTA) delivered a reasonable result for its fiscal Q2 2024 earnings. The problem here is that its guidance points to substantial deceleration in its revenue growth rates. As it stands right now, investors are having to pay 25x next year's non-GAAP EPS for a business with current remaining obligations growing at decidedly low double digits and potentially less, with fiscal Q3 2024 guided to about 9% to 10% growth. Altogether, this is a stock that's no longer a hig ...

Okta TodayOKTAOkta$78.40 -18.14 (-18.79%) 52-Week Range$65.04▼$114.50Price Target$105.58Add to WatchlistOkta’s NASDAQ: OKTA stock price has had a difficult few years. Since August of 2021, shares are down around 63%. However, over the past 52 weeks, the stock is recovering, up 34%. The Technology Select Sector SPDR Fund NYSEARCA: XLK is up 32% over the same period.The technology company known for making it easier to sign into cloud computer applications at work has been posting earnings surprises and growin ...

Okta, Inc. OKTA reported better-than-expected second-quarter financial results after Wednesday’s closing bell.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 is setting the standard for identity security by focusing on relentless innovation and expanding our product offerings within t ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying OKTA stock? Here’s what analysts think: ...

Okta reported solid earnings and exceeded management expectations across several key metrics.Okta (OKTA -0.45%), a leader in identity and access management solutions, reported its second-quarter fiscal year 2025 results on Aug. 28, 2024. The company delivered strong financial performance, surpassing management's expectations in several key areas. Total revenue was $646 million, beating the forecasted range of $631 million to $633 million. Non-GAAP operating income was $148 million, significantly above the e ...