Okta’s (NASDAQ: OKTA) stock price dipped following its fiscal Q3 2026 earnings release and guidance update, which was only an excuse to sell.
Why? Because the company “failed” to provide a fiscal 2027 update. But what business typically provides its subsequent fiscal year guidance with its Q3 release? The average company, excluding its long-term targets, typically provides guidance for its subsequent fiscal year based on the prior fiscal year’s Q4 results, which, in this case, are still forthcoming.
