Okta, Inc. (OKTA) CEO Todd McKinnon presents at Goldman Sachs Communacopia + Technology Conference (Transcript)
Okta, Inc. (NASDAQ:OKTA ) Goldman Sachs Communacopia + Technology Conference September 10, 2024 6:45 PM ET Company Participants Todd McKinnon - Chairperson of the Board, Chief Executive Officer, Co Founder Conference Call Participants Gabriela Borges - Goldman Sachs Gabriela Borges I think we can go ahead and kick it off. Thanks for joining us this afternoon at the Okta session at the GS Communacopia and Technology Conference.
Okta, Inc. (OKTA) Citi's 2024 Global TMT Conference (Transcript)
Okta, Inc. (NASDAQ:OKTA ) Citi's 2024 Global TMT Conference September 5, 2024 2:10 PM ET Company Participants Brett Tighe - CFO Conference Call Participants Fatima Boolani - Citi Fatima Boolani Fatima Boolani here. I run the -- jointly run the Citi software equity research franchise here.
Okta Shares Still Look Overvalued, Even After Plummeting Lower Recently
Okta's top-line growth rate and bottom-line performance fail to live up to its nearly $13 billion market capitalization. Management's guidance implies a significant deceleration in top-line growth in the second half of fiscal 2025.
Why Okta Stock Lost 16% in August
Okta beat estimates in its second-quarter report. A key metric seems to indicate slowing growth ahead.
Okta Stock Falls as Outlook Disappoints. Time to Buy the Dip?
Okta turned in solid results, with revenue and earnings growth both strong. However, investors appear worried about its subscription backlog.
All You Need to Know About Okta (OKTA) Rating Upgrade to Buy
Okta (OKTA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Down -9.18% in 4 Weeks, Here's Why You Should You Buy the Dip in Okta (OKTA)
Okta (OKTA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Investors Heavily Search Okta, Inc. (OKTA): Here is What You Need to Know
Okta (OKTA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Okta Stock: Weakness Is Opportunity
The market punished Okta after the company reported Q2 earnings, despite decent growth and a shift to GAAP profitability. The deceleration in Okta's revenue growth, now at 16% YoY from over 60% in mid-2022, is largely responsible for this lackluster performance following the earnings print. I identified four main reasons behind Okta's slowdown in revenue growth, including the company's focus on enterprise customers.
Why Okta Stock Plunged Today
Okta topped estimates in its second-quarter earnings report. It also reported its first quarter of GAAP profits.
OKTA Beats Q2 Earnings Estimates: Guidance Raise to Lift Shares?
OKTA's second-quarter fiscal 2025 results reflect the benefits of an expanding clientele and a strong product portfolio.
Okta Posts Strong Q2 Upside, But Some Analysts Cut Forecasts: 'Not Firing On All Cylinders'
Shares of Okta Inc OKTA tanked in early trading on Thursday, even after the company reported upbeat second-quarter results.
