Okta Earnings Estimate

OKTA
 Stock
  

USD 65.08  1.90  3.01%   

Many public companies, such as Okta, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Okta's earnings estimates, investors can diagnose different trends across Okta's analyst sentiment over time as well as compare current estimates against different timeframes.
Okta is projected to generate -4.37 in earnings per share on the 31st of December 2022. Okta earnings estimates module stress-tests analyst consensus about projected Okta Inc EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Your Equity Center.
  
The current year Gross Profit is expected to grow to about 529.4 M, whereas Profit Margin is forecasted to decline to (70.40) .

Okta Earnings Estimation Breakdown

Calculation of earning per share of Okta Inc is based on official Zacks consensus of 8 analysts regarding Okta future annual earnings. Given the historical accuracy of 86.75%, the future earnings per share of Okta is estimated to be -4.37 with the lowest and highest values of -4.38 and -4.37, respectively. Please note that this consensus of annual earnings estimates for Okta Inc is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -6.37
-4.38
Lowest
Expected EPS -4.37
-4.37
Highest

Okta Earnings Projection Consensus

Suppose the current estimates of Okta's value are higher than the current market price of the Okta stock. In this case, investors may conclude that Okta is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Okta's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

8

86.75%

-6.373

-4.37

Okta Earnings per Share Projection vs Actual

Actual Earning per Share of Okta refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Okta Inc predict the company's earnings will be in the future. The higher the earnings per share of Okta, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Okta Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Okta, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Okta should always be considered in relation to other companies to make a more educated investment decision.

About Okta Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Okta earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Okta estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Okta fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Our tools can tell you how much better you can do entering a position in Okta without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Is Okta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
10.4 B
Quarterly Revenue Growth YOY
0.37
Return On Assets
(0.06) 
Return On Equity
(0.16) 
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine Okta value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.