The rising adoption of OKTA's Identity Threat Protection solution boosts prospects despite a stretched valuation.
As cyber threats become more sophisticated, demand for identity security solutions like Okta and network security offerings from Fortinet is expected to rise.
Okta (OKTA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Okta's Q4FY25 earnings surpassed expectations, with a 13% YoY sales increase, driving a 20% surge in stock price. The IAM market, valued at $22.99 billion in 2025, is projected to grow at 12.40% annually, reaching $65.7 billion by 2034. Okta's platform-agnostic solutions and strong customer satisfaction differentiate it from competitors like Microsoft Entra, despite slowing customer growth.
I love that Okta holds over $2.1 billion in cash—giving it flexibility and stability. At 18x forward free cash flow, Okta's valuation looks compelling for a SaaS leader. I see room for revenue growth to reaccelerate beyond management's conservative guidance.
Share prices of Okta (OKTA 1.10%) surged higher after the cybersecurity company on Monday reported fiscal 2025 fourth-quarter results that easily topped analyst expectations and offered upbeat guidance. The stock trades up about 30% year to date as of this writing, although it's still down over the past 12 months.
Recently, Zacks.com users have been paying close attention to Okta (OKTA). This makes it worthwhile to examine what the stock has in store.
Okta (OKTA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Okta (OKTA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.