Investors with a lot of money to spend have taken a bullish stance on Zscaler (NASDAQ:ZS).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ZS, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 12 u ...

Core Insights - Okta, Inc. reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates [1][3] Financial Performance - Second-quarter revenue was $728 million, exceeding analyst estimates of $712.01 million [1] - Adjusted earnings for the second quarter were 91 cents per share, surpassing analyst expectations of 84 cents per share [1] - For the third quarter, Okta expects revenue between $728 million and $730 million, compared to estimates of $723.55 million [2] - Anticipated third-quarter adjusted earnings are projected to be between 74 to 75 cents per share, slightly below the estimate of 75 cents per share [2] Guidance Update - Okta raised its full-year fiscal 2026 revenue guidance to a range of $2.875 billion to $2.885 billion, up from the previous guidance of $2.85 billion to $2.86 billion [3] - Full-year adjusted earnings guidance was also increased to $3.33 to $3.38 per share, up from the prior range of $3.23 to $3.28 per share [3] - Analysts are forecasting full-year revenue of $2.864 billion and earnings of $3.28 per share [3] Market Reaction - Following the earnings announcement, Okta shares increased by 2.5% to $93.82 [3] Analyst Ratings and Price Targets - RBC Capital analyst maintained an Outperform rating and raised the price target from $113 to $115 [6] - Scotiabank analyst maintained a Sector Perform rating but lowered the price target from $115 to $105 [6] - Baird analyst kept an Outperform rating while reducing the price target from $148 to $142 [6] - BMO Capital analyst maintained a Market Perform rating and decreased the price target from $132 to $112 [6] - Jefferies analyst maintained a Hold rating and raised the price target from $100 to $105 [6]