Core Viewpoint - Okta, Inc. is a significant player in the identity and access management industry, facing competition from major firms like Microsoft and IBM in the cybersecurity sector [1] Group 1: Stock Performance and Analyst Ratings - Cowen & Co. maintains a "Hold" rating for Okta, adjusting the price target from $115 to $105, with the stock currently priced at $69.51 [1][6] - Stifel Nicolaus lowered their price target from $130 to $121 but kept a "buy" rating, while Morgan Stanley reduced their target from $123 to $110 with an "overweight" rating [3] - Canaccord Genuity Group reaffirmed a "buy" rating with a price objective of $120 [3] - Okta's stock price has decreased by 6.43% or $4.78, fluctuating between a low of $68.77 and a high of $73.55 on the day [4] Group 2: Market Activity - There has been a significant increase in options trading, with 16,957 put options purchased, marking a 52% rise from the average daily volume of 11,146 [2][6] - Okta's market capitalization is approximately $11.78 billion, with a trading volume of 4,768,533 shares on the NASDAQ exchange [5]

On February 23, 2026, shares of major Claude Code Security by Anthropic. CrowdStrike, Datadog and Zscaler fell 11%, while Fortinet and Okta dropped 6%. The trigger was not earnings. It was not regulation. It was an AI product in research preview.So, what is Claude Code Security, and why did it rattle global cybersecurity stocks?Anthropic’s Claude Code Security is an AI cybersecurity tool built on Claude that scans source code, detects vulnerabilities, and recommends fixes using advanced reasoning models. ...

February 13, 2026 05:04 AM GMT Cybersecurity | North America Q4 Preview and Reseller Survey – Round 2: Standing on a Platform, Highlighting AI Opportunity vs. Headwind With cyber names getting swept up in the latest AI software concerns, we look to the platform results to refocus investors on the tailwind AI is for cyber. Favor PANW, CRWD, particularly as SIEM/SASE stories should see growth from AI complexity, though see opportunity w/ most off-cycle names. Key Takeaways Opportunity Picks Up As We Get Towar ...

编辑：Aeneas 定慧 刚刚，Anthropic发布代码安全工具Claude Code Security，直接让安全股一夜蒸发百亿市值！网络安全龙 头CrowdStrike的股价直接原地跌超6.5%，市场陷入极度恐慌：传统安全工具，从此全凉了？ 过年期间，AI圈接连不断的地震还没停。 昨天的Gemini 3.1 Pro刚刚亮相，紧接着就又来新炸弹了—— 刚刚，Anthropic发布了一个代码安全工具Claude Code Security，能高效扫描代码库漏洞并自动生成针对 性补丁，远超传统工具。 听起来，是不是只是一条平平无奇的技术更新？ Anthropic新杀器一发布，网络安全市场就尝到了血腥。 结果，消息一出，美股网络安全板块立刻集体跳水。 CrowdStrike、Cloudflare、Okta等安全股瞬间暴跌超5%，总市值蒸发逾100亿美元，一夜就蒸发了百亿 市值！ 仔细看，网络安全龙头CrowdStrike一度暴跌6.5%，Cloudflare重挫超6%，SailPoint大跌6.8%，Okta下挫 5.7%，Zscaler跌3.5%，Global X网络安全ETF下跌3.8%，年内累计跌幅扩大至 ...

刚刚，Anthropic 发布代码安全工具 Claude Code Security，直接让安全股一夜蒸发百亿市值！网络安全龙头 CrowdStrike 的股价直接原地跌超 6.5%，市 场陷入极度恐慌：传统安全工具，从此全凉了？ 过年期间，AI 圈接连不断的地震还没停。昨天的 Gemini 3.1 Pro 刚刚亮相，紧接着就又来新炸弹了 —— 刚刚，Anthropic 发布了一个代码安全工具Claude Code Security，能高效扫描代码库漏洞并自动生成针对性补丁，远超传统工具。 听起来，是不是只是一条平平无奇的技术更新？结果，消息一出，美股网络安全板块立刻集体跳水。 CrowdStrike、Cloudflare、Okta 等安全股瞬间暴跌超 5%，总市值蒸发逾 100 亿美元，一夜就蒸发了百亿市值！ 仔细看，网络安全龙头 CrowdStrike 一度暴跌 6.5%，Cloudflare 重挫超 6%，SailPoint 大跌 6.8%，Okta 下挫 5.7%，Zscaler 跌 3.5%，Global X 网络安全 ETF 下跌 3.8%，年内累计跌幅扩大至 14% 一条 AI 功能更新，直接让 ...

新智元报道 编辑：Aeneas 定慧 刚刚，Anthropic发布了一个代码安全工具Claude Code Security，能高效扫描代码库漏洞并自动生成针对性补丁，远超传统工具。 【新智元导读】刚刚，Anthropic发布代码安全工具Claude Code Security，直接让安全股一夜蒸发百亿市值！网络安全龙头CrowdStrike的股价直接原地 跌超6.5%，市场陷入极度恐慌：传统安全工具，从此全凉了？ 过年期间，AI圈接连不断的地震还没停。 昨天的Gemini 3.1 Pro刚刚亮相，紧接着就又来新炸弹了—— 听起来，是不是只是一条平平无奇的技术更新？ 结果，消息一出，美股网络安全板块立刻集体跳水。 CrowdStrike、Cloudflare、Okta等安全股瞬间暴跌超5%，总市值蒸发逾100亿美元，一夜就蒸发了百亿市值！ 仔细看，网络安全龙头CrowdStrike一度暴跌6.5%，Cloudflare重挫超6%，SailPoint大跌6.8%，Okta下挫5.7%，Zscaler跌3.5%，Global X网络安全ETF下跌 3.8%，年内累计跌幅扩大至14% 一条AI功能更新，直接让一个千 ...

Core Viewpoint - The current bear market for software stocks presents a significant opportunity for long-term investors seeking value, despite major stock indexes reaching new highs [1][4]. Group 1: Market Overview - The Dow Jones Industrial Average recently surpassed 50,000, the S&P 500 has gained at least 16% in six of the last seven years, and the Nasdaq Composite has outperformed both [1]. - The iShares Expanded Tech-Software Sector ETF is nearly 28% below its all-time high, indicating a challenging environment for software investors [2]. Group 2: Salesforce - Salesforce is identified as a bargain amid the software sell-off, with a market cap of $174 billion and a current price of $185.36 [6][7]. - The company has embraced AI as a growth driver, with its Agentforce AI platform generating over $500 million in annual recurring revenue (ARR), up 330% year-over-year [8]. - Salesforce's remaining performance obligation (RPO) surged 11% to $29.4 billion, and it maintains a forward price-to-earnings (P/E) ratio of 14.8, a 52% discount to its five-year average [9][10]. Group 3: Adobe - Adobe is also considered a historically cheap stock, with a closing price of $266.90, the lowest since October 2019 [12]. - Despite concerns about generative AI impacting its software solutions, Adobe's Digital Media segment ended with $19.2 billion in ARR, up 11.5% year-over-year [15]. - The company's forward P/E of 10.1 is 61% below its average since 2020, indicating a favorable valuation [18]. Group 4: Okta - Okta, a cloud-based cybersecurity company, is viewed as a strong investment opportunity, with a current price of $84.99 and a market cap of $15 billion [20]. - The company reported a 17% year-over-year increase in RPO to nearly $4.3 billion and a 37% increase in net cash from operating activities [23]. - Okta's forward P/E of 24 reflects a significant drop from previous years, making it an attractive option for investors [24].

Core Viewpoint - Okta Inc. is recognized as a leading high-growth cybersecurity stock, focusing on expanding its identity management solutions and leveraging AI for enhanced security [1][3]. Group 1: Partnership and Expansion - On February 5, 2026, Okta announced an expanded partnership with the PGA of America to enhance identity management and explore AI-based security solutions [1]. - The PGA currently utilizes Okta's platform to manage access, automate workflows, and mitigate threats, while also integrating Auth0 for unified identity management [1]. Group 2: Financial Performance and Outlook - Okta is set to release its fourth-quarter and full fiscal year 2026 financial results on March 4, 2026, covering the period ending January 31, 2026 [2]. - Analysts at Stephens upgraded Okta to Overweight from Equal Weight, raising the price target from $97 to $120, citing a positive growth outlook in the identity security sector [3]. Group 3: Strategic Growth Initiatives - The company is expected to shift focus towards growth investments in FY27, prioritizing expansion strategies [4]. - Plans include launching in-country platform tenants in India to offer data residency and enhanced disaster recovery services, utilizing Amazon Web Services infrastructure [5]. Group 4: Industry Context and Innovation - Okta emphasizes the need for advanced security measures as AI agents become more prevalent in the workforce, indicating a shift away from traditional perimeter-based security [6]. - The company positions itself as a leading provider of cloud-based identity and access management solutions, facilitating secure connections for users [6].

Company Overview - Okta, Inc. (NASDAQ:OKTA) specializes in identity management and security solutions, providing products that enable secure access, authentication, and governance across both cloud and on-premises systems [2] Market Performance - Despite having strong business fundamentals and good performance in recent quarters, Okta's stock has declined over 30% from its highs in May, even falling below its levels after the market downturn in April [2] Investment Potential - Jim Cramer identified Okta as a potential undervalued buy, noting that the stock is currently trading at 23 times this year's earnings, which may present a buying opportunity [1] - The company is expected to experience only 7% earnings growth this year, which is considered unusual for a company of its caliber [1] - CEO Todd McKinnon highlighted the significant opportunity for Okta in securing AI agents being developed within enterprises, indicating a potential growth area for the company [1]

Core Insights - Okta, Inc. (NASDAQ:OKTA) is recognized as a promising stock, particularly following its expanded partnership with the PGA of America, which aims to enhance security for its network of golf professionals and fans [1][2] Group 1: Partnership with PGA of America - The expanded relationship with the PGA of America will explore innovative methods to deliver and secure an AI-powered digital experience, building on their existing technology collaboration [1] - Okta's platform provides resilience and scalability to support PGA members at every digital touchpoint, integrating advanced protections against AI risks [2] - The partnership aims to enable the PGA to safely deploy next-generation AI experiences, enhancing engagement while ensuring member protection [3] Group 2: Okta's Product Offerings - Okta, Inc. specializes in identity management for enterprises, offering products such as multi-factor authentication, single sign-on, API access management, and lifecycle management [4] - The company secures the identity of AI agents throughout their lifecycle, regardless of the task or environment [4]