Jonathan Knowles/DigitalVision via Getty Images Okta (NASDAQ:OKTA) reported 2Q25 earnings last week and beat on all metrics. Investors opted to sell and then ask questions, and I'm here to leave no questions unanswered. The stock took quite a massive dip after earnings due to conservative cRPO 3Q25 guidance, even though the company raised FY25 guidance on all metrics. I'm just going to come out and say it: I believe the market's reaction was more on the dramatic side, but I did come in short by underestimat ...

Okta, Inc. (NASDAQ:OKTA) Goldman Sachs Communacopia + Technology Conference September 10, 2024 6:45 PM ET Company Participants Todd McKinnon - Chairperson of the Board, Chief Executive Officer, Co Founder Conference Call Participants Gabriela Borges - Goldman Sachs Gabriela Borges I think we can go ahead and kick it off. Thanks for joining us this afternoon at the Okta session at the GS Communacopia and Technology Conference. I'm Gabriela Borges, I cover security here at Goldman and delighted to have on sta ...

Buying the dip may not make sense. Shares of cloud identity-management company Okta (OKTA -0.73%) have provided investors with disastrous returns over the last three years that were made worse by a huge sell-off in the stock following the tech company's fiscal second-quarter earnings report. Shares are down more than 20% since the Aug. 28 report. Though it might be tempting to buy the dip in this growth stock, investors may want to think twice before they do. This may be a growing company, but that doesn't ...

Disappointing guidance in its second-quarter earnings report weighed on the cybersecurity stock. Shares of Okta (OKTA -0.62%) were pulling back last month after the cloud-based identity software specialist posted disappointing results in its fiscal 2025 second-quarter earnings report toward the end of the month. Okta's growth rate has slowed substantially since the end of the pandemic, following challenges with its integration of Auth0 and multiple security breaches. The second-quarter results beat nominal ...

Shares crashed as investors worry about future growth. Okta (OKTA -3.42%) shares spiraled lower after the cybersecurity company reported solid second-quarter results but offered a disappointing outlook. On the face of it, the latest numbers looked good. Okta's Q2 revenue jumped 16% year over year to $646 million, while subscription revenue climbed 17% to $632 million. Adjusted earnings per share (EPS) surged from $0.31 a year ago to $0.72. The company had guided for 13% to 14% revenue growth and adjusted EP ...

Okta (OKTA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changing earnings pictur ...

Okta (OKTA) has been on a downward spiral lately with significant selling pressure. After declining 9.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is over ...

Funtap/iStock via Getty Images More than a year ago, I thought Okta, Inc. (NASDAQ:OKTA) stock was ready for a reversal in prospects despite a lackluster YTD performance leading up to my article. OKTA, which was trading around $71 back then, reversed as predicted and hit a high of around $110 in March 2024 before losing most of those gains. Last Thursday, in a wild trading session, Okta stock dropped almost 18% after reporting decent earnings that failed to impress the market. Although there is no question a ...

Shares of the cybersecurity stock fell as it called for slowing growth ahead. Shares of Okta (OKTA -16.21%), the cloud-based identity software company, were taking a dive after the company reported third-quarter numbers that beat headline estimates, but its guidance missed the mark in some key metrics. As a result, the stock was down 16.1% as of 11:32 a.m. ET on the news. Okta is still stuck in second gear Okta's revenue growth was solid, but investors seem to be hoping that the company can accelerate growt ...

Okta (OKTA) reported second-quarter fiscal 2025 earnings of 72 cents per share, beating the Zacks Consensus Estimate by 18.03%. The company posted earnings of 31 cents per share in the year-ago quarter. Total revenues increased 16% year over year to $646 million and surpassed the consensus mark by 2.18%. The year-over-year upside can be attributed to higher subscription revenues. OKTA raised its top-line guidance for the fiscal 2025 based on its strong second-quarter performance and operational efficiencies ...