Okta Inc. (OKTA)
Okta: Unlock Value As Competitors Are Scouted For M&A Deals (Upgrade)
I've doubled down and increased my position in Okta, Inc., the single sign on/identity security company, and am upgrading the stock to a strong buy. Palo Alto Networks has been speculated to be in talks to acquire Okta's competitor CyberArk, which is trading at a ~15x forward revenue multiple versus Okta's ~5x multiple. This deal could spotlight OKTA stock's value and reset its valuation higher, even without a deal of its own.
Okta (OKTA) Stock Sinks As Market Gains: Here's Why
The latest trading day saw Okta (OKTA) settling at $97.84, representing a -3.22% change from its previous close.
Okta (OKTA) Soars 3.3%: Is Further Upside Left in the Stock?
Okta (OKTA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
OKTA Trades 25% Below 52-Week High: Right Time to Buy the Stock?
OKTA rides a strong product portfolio and a rich partner base, which justifies a premium valuation.
AVGO vs. OKTA: Which Enterprise Security Software Stock is a Buy?
Broadcom AVGO and Okta OKTA are key providers of security software solutions for enterprises. AVGO offers Endpoint Security (Symantec and Carbon Black), Network Security, Information Security, Application Security (Carbon Black) and Identity Security solutions.
Okta (OKTA) Rises Higher Than Market: Key Facts
In the closing of the recent trading day, Okta (OKTA) stood at $92.1, denoting a +1.13% move from the preceding trading day.
Okta Emphasizes AI-Driven Security: Can PANW Advance Its Lead?
OKTA strengthens AI-powered identity tools and partners with PANW. Its rivals CYBR and MSFT act as strong competitors in the IAM race.
Is Most-Watched Stock Okta, Inc. (OKTA) Worth Betting on Now?
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's Subscription Revenues Accelerate: Which Factors Are Driving it?
OKTA's subscription revenues jump 12% as product innovation, sales strategy and large contracts fuel growth momentum.
Brokers Suggest Investing in Okta (OKTA): Read This Before Placing a Bet
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?
Why Okta (OKTA) Dipped More Than Broader Market Today
In the latest trading session, Okta (OKTA) closed at $97.4, marking a -1.73% move from the previous day.
Okta Eyes 15% Revenue CAGR by FY26: What's the Upside Potential?
OKTA targets 15% revenue CAGR by FY26, driven by strong Q1 growth, product momentum and large enterprise demand.
