Okta(OKTA)

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Okta: From Growth Darling To GARP Play
Seeking Alpha· 2025-04-21 17:03
Okta (NASDAQ: OKTA ) leads in the identity security market with strong revenue visibility (RPO growth) and expanding bottom line (Rule of 40+ status and FCF margins). Enterprise demand is solid with record $1B+ quarterly bookings and high growth in $1M+ ACV clients. New products like Identity Governance (OIG) and PrivilegedHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chart ...
Okta: Market Doesn't Believe Management, But You Should (Rating Downgrade)
Seeking Alpha· 2025-04-16 22:12
Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I am long all positions in the Best of Breed Growth Stocks Portfolio. Okta, Inc. (NASDAQ: OKTA ) is s ...
3 Supercharged Growth Stocks You'll Regret Not Buying Amid Historic Stock Market Volatility
The Motley Fool· 2025-04-16 07:51
Wild fluctuations on Wall Street represent the ideal time for investors to put their cash to work. Block The first high-octane growth stock you'll be happy you added amid a period of turbulence for Wall Street is fintech up-and-comer Block (XYZ 0.80%). Block's rock-solid foundation is built atop the Square ecosystem. This is the company's digital payment network for merchants, which also offers data analytics and loans, among other tools. Gross payment volume (GPV) surpassed $227 billion in 2025, with GPV g ...
Cisco Systems vs. OKTA: Which Cybersecurity Stock Should You Bet On?
ZACKS· 2025-04-09 20:00
Cisco Systems (CSCO) and Okta (OKTA) are both major players in cybersecurity. While Cisco Systems is growing its presence in the sector by offering broad enterprise network security solutions, OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data.Per Mordor Intelligence report, the Cybersecurity market is projected to be valued at $234.01 billion in 2025 and is expected to grow to $424.14 billion by 2030, witnessing a CAGR of 12.63% over the ...
Strong Bull Signal Flashing on Struggling Cloud Stock
Schaeffers Investment Research· 2025-04-09 17:38
Amid broad-market pressure, cloud stock Okta Inc (NASDAQ:OKTA) has pulled back sharply from its March 24, more than two-year high of $118.07, down 12.6% since the start of April alone. For those betting on a bounce, however, the pullback does have OKTA coming into contact with its 126-day moving average, a historically bullish signal. Per Schaeffer's Senior Quantitative Analyst Rocky White, the security is within one standard deviation of the 126-day trendline for the first time in at least eight of the las ...
Wall Street Analysts See Okta (OKTA) as a Buy: Should You Invest?
ZACKS· 2025-04-09 14:35
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?Let's take a look at what these Wall Street heavyweights have to say about Okta (OKTA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Okta currently has an average brokerage recomm ...
Okta: Death And Resurrection
Seeking Alpha· 2025-03-31 22:56
Louis created L.A. Stevens Research in which he runs the LAS Index, a basket of stocks chosen via his proprietary method for investing, which has consistently outperformed the indices since its launch. Louis Stevens is a former U.S. Army engineer officer who holds an MBA and a BA in political science. Since beginning his journey publishing investment research, Louis has become one of the leading analysts in the investing community, ranking in the top .1% according to TipRanks: https://www.tipranks.com/exper ...
Does OKTA's Strong Portfolio Make it the Best Security Stock to Buy?
ZACKS· 2025-03-26 18:35
Okta (OKTA) shares have appreciated 48.2% year to date (YTD), courtesy of its portfolio strength. More than 20% of fourth-quarter fiscal 2025 bookings were from new products, including Okta Identity Governance, Privileged Access, Device Access, Fine Grain Authorization, Identity Security Posture Management and Identity Threat Protection with Okta AI.OKTA’s innovative portfolio is helping the company win clients, driving top-line growth. It exited fourth-quarter fiscal 2025 with 19,650 customers and $4.215 b ...
Google's $32B Deal Fuels Cybersecurity Boom: Bet on OKTA, FTNT Stocks
ZACKS· 2025-03-25 14:25
Alphabet’s (GOOGL) recent agreement to acquire cloud security firm Wiz for $32 billion marks its largest deal in history and signals a major shift in the cybersecurity landscape. As competition in cloud computing and AI security heats up, cybersecurity companies like Okta Inc (OKTA) and Fortinet (FTNT) could see significant upside.Google’s $32B Bet on CybersecurityGoogle’s cloud division is rapidly expanding, with annual revenues jumping 64% from $26.3 billion in 2022 to $43.2 billion last year. However, Go ...
Okta, Inc. (OKTA) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-03-25 14:15
Have you been paying attention to shares of Okta (OKTA) ? Shares have been on the move with the stock up 28.1% over the past month. The stock hit a new 52-week high of $118.07 in the previous session. Okta has gained 47.7% since the start of the year compared to the -6.1% move for the Zacks Computer and Technology sector and the 7.7% return for the Zacks Security industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus ...