Okta (OKTA) Advances While Market Declines: Some Information for Investors

Heading into today, shares of the cloud identity management company had gained 8.55% over the past month, outpacing the Computer and Technology sector's loss of 3.88% and the S&P 500's gain of 1.08% in that time. For the full year, the Zacks Consensus Estimates project earnings of $2.40 per share and a revenue of$2.53 billion, demonstrating changes of +50% and +11.91%, respectively, from the preceding year. Based on our research, we believe these estimate revisions are directly related to near-team stock m ...