Okta (OKTA) Stock Falls Amid Market Uptick: What Investors Need to Know
Okta (OKTA) reachead $72.15 at the closing of the latest trading day, reflecting a -0.01% change compared to its last close.
Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It
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.
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Okta AI tools will help integrate cybersecurity systems: CEO
Workplace cybersecurity company Okta (OKTA) unveiled new AI products to better protect customer data at its annual Oktane Identity Conference in Las Vegas. Market Domination hosts Julie Hyman and Josh Lipton welcome Okta CEO Todd McKinnon to talk more about the company's new AI tools to better secure enterprise applications.
Here's Why Okta (OKTA) Fell More Than Broader Market
The latest trading day saw Okta (OKTA) settling at $74.45, representing a -1.68% change from its previous close.
Okta CEO Todd McKinnon on new AI-focused products and growth in tech security
Todd McKinnon, Okta CEO, joins CNBC's 'Money Movers' to discuss the company's new AI-focused tools, his growth strategy in an increasingly competitive landscape, and more.
Surging Earnings Estimates Signal Upside for Okta (OKTA) Stock
Okta (OKTA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Investors Heavily Search Okta, Inc. (OKTA): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Okta (OKTA). This makes it worthwhile to examine what the stock has in store.
Wall Street Analysts Think Okta (OKTA) Could Surge 48.96%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 49% in Okta (OKTA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Okta: The Underappreciated Powerhouse In A Critical, Expanding Industry
OKTA, a leader in identity security, is undervalued at $72, offering strong growth potential and a favorable risk-to-reward ratio for long-term investors. The company boasts consistent top and bottom line growth, with a compelling 5.09% FCF yield. Key risks include growing competition, especially from Microsoft, and valuation concerns if growth slows, but these are manageable, in my opinion, given OKTA's current market position.
Okta: Near-Term Headwinds Likely - Still A Compelling Buy Opportunity
OKTA has been oversold at current levels, as observed in the overly cheap valuations compared to its historical levels and its peers. With the company still reporting robust performance metrics and GAAP profitability for the first time, we believe that its investment thesis remains promising here. This is assuming that the Carahsoft raid does not trigger any headwinds to OKTA's near-term performance, given the recently raised FY2025 guidance.
Is Okta Stock a Buy Right Now?
This identity security leader is down, but not out.
