Okta: You Should Be Thankful It's Still So Cheap
Okta stock has underperformed the market recently as it struggled to replicate its early 2024 momentum. Okta has revised its go-to-market strategies to target enterprise and government customers. While the recent gains are constructive, the market is likely awaiting more developments to validate its approach.
Wall Street Analysts Believe Okta (OKTA) Could Rally 25.99%: Here's is How to Trade
The consensus price target hints at a 26% upside potential for Okta (OKTA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Okta upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Okta to Overweight from Neutral with a $100 price target.
Bull of the Day: Okta (OKTA)
I last wrote about Okta ( OKTA ) in late September when shares were under $75 and the premier provider of "identity security" solutions was still suffering from the fallout of a breach of customer data. I thought it was a prime opportunity to add OKTA to any cybersecurity-minded portfolio.
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
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: Growth Outlook Has Gotten Better
I maintain a buy rating for Okta stock due to strong operational metrics, improved growth outlook, and successful partner-led strategy. 3Q25 earnings exceeded expectations with 14% y/y revenue growth and improved EBIT margins, leading to an upward revision of FY25 guidance. New products and partners-led GTM strategy should continue to drive growth.
Why Okta (OKTA) Might be Well Poised for a Surge
Okta (OKTA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Okta (OKTA) Upgraded to Buy: Here's What You Should Know
Okta (OKTA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Okta Shares Rise on Improved Guidance. Is It Too Late to Buy the Stock?
Okta (OKTA 1.53%) shares were trading higher after the cybersecurity company reported solid fiscal third-quarter results and increased its guidance. However, the stock still finds itself lower on the year, down about 5% as of this writing.
With 60% Upside Potential, Okta Is A Key 2025 Cybersecurity Pick
Okta's Q3 FY25 earnings beat revenue and earnings projections, with a 14% YoY revenue growth and 600 basis point margin expansion, along with significant cRPO outperformance, boosting investor confidence. The company's enterprise penetration is accelerating with the help of its robust partner ecosystem and innovative product roadmap, leading to a growing number of $100K+ and $1M+ ACV customers. Despite declining NRR due to macroeconomic pressures and the competitive landscape, Okta's raised FY25 guidance shows management's confidence in its market strategy and operational efficiency.
Okta: On The Path To A Rebound, Keep Holding On For Upside
I'm giving Okta stock a slight downgrade to a buy rating (from strong buy) after the company's recent rebound rally. The company notched a strong Q3 earnings beat with 14% y/y revenue growth, but net revenue retention rates continue to wane. Okta's larger concentration of big deals from the U.S. federal government may be a pain point here, as the DOGE may continue to pressure headcount growth.
Okta: Bullish Signals Suggest a Market Reversal Is Underway
Okta's NASDAQ: OKTA share price has suffered since the peaks set in 2021, but those days are over. The cyber security company has gained traction over the past two years, and the Okta stock market normalized after its bubble burst.
