Okta (OKTA) Stock Drops Despite Market Gains: Important Facts to Note
Okta (OKTA) closed the most recent trading day at $76.50, moving -0.09% from the previous trading session.
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Is Okta Stock's 4.55X P/S Still Worth it? Buy, Sell or Hold?
Gaining adoption of OKTA's Identity Threat Protection solution boosts prospects amid a challenging macroeconomic environment and stretched valuation.
What Okta's failures say about the future of identity security in 2025
2025 needs to be the year identity providers go all in on improving every aspect of software quality and security, including red teaming.
Analyst Downgrades Okta Stock on Slow Growth, Mixed Feedback
Okta Inc (NASDAQ:OKTA) stock is 1.9% lower ahead of the opening bell, looking to start today's session around the $77 mark on the heels of a sour analyst note.
Okta's Path To Recovery: New Launches, Partnerships Could Improve Investor Confidence
Okta's new products focus on high-margin customers, creating upsell opportunities for existing ones, and distinguishing its technology from its peers. Partnerships with GSIs, ISVs, and MSPs are driving bigger, more profitable deals. The company posted its first-ever positive GAAP net income last quarter, with double-digit revenue and free cash flow growth, and strong liquidity ratios.
Okta: The Underdog's Advantage
Okta's stock is approximately 31% undervalued, with strong revenue growth, positive cash flows, and a consistent share count. Okta excels in secure user authentication and identity management, competing effectively against Microsoft with superior reliability, ease of use, and integration capabilities. Despite negative EBITDA, Okta's aggressive R&D investment and declining SG&A ratio indicate the potential for improved profitability and sustained revenue growth.
Wall Street Analysts See a 29.76% Upside in Okta (OKTA): Can the Stock Really Move This High?
The mean of analysts' price targets for Okta (OKTA) points to a 29.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Okta (OKTA) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Okta (OKTA) concluded the recent trading session at $74.07, signifying a +1.13% move from its prior day's close.
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Okta: Market Ignores Inflection On GAAP Profitability (Ratings Upgrade)
You may have missed it, but Okta achieved GAAP profitability for the first time in the latest quarter. Wall Street appears spooked about the potential financial impact from the cybersecurity breaches. Okta has a net cash balance sheet and its debt carries low interest rates.
OKTA Stock Plunges 20% Year to Date: Should You Buy the Dip?
OKTA is riding on an expanding clientele, driven by the strong adoption of its Identity Threat Protection solution within a challenging macroeconomic environment.
