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Okta (OKTA) Upgraded to Buy: Here's Why
ZACKS· 2025-05-30 17:06
Investors might want to bet on Okta (OKTA) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors oft ...
Okta: Fiscal Q1 Earnings Snapshot
MarketScreener· 2025-05-27 20:11
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Okta Inc. (OKTA) on Tuesday reported fiscal first-quarter profit of $62 million. The San Francisco-based company said it had profit of 35 cents per share. Earnings, adjusted for one-time gains and costs, were 86 cents per share. The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. The cloud identity management company posted revenue of $688 million in the per ...