Key Takeaways OKTA saw 20% growth in more than $1M ACV clients, led by Global 2000 firms and government agencies. OKTA launched OIG, ITP and OPA to address complex identity needs across critical sectors. Four of OKTA's top 10 Q1 deals came from U.S. government clients using FedRAMP-compliant offerings.Okta (OKTA) is benefiting from its innovative portfolio that is driving clientele. In the first quarter of fiscal 2026, it reported strong momentum among large-cap customers, including Global 2000 companies ...

Key Takeaways OKTA's subscription backlog rose 21% to $4.08B. $2.23B in current RPO boosts 12-month revenue visibility. Demand for OKTA's identity tools, like Privileged Access and Okta AI, drives strong enterprise adoption. Despite macro headwinds and rivals like MSFT and CYBR, OKTA projects up to 11% current RPO growth in Q2.Okta’s (OKTA) Remaining Performance Obligations (RPO) or subscription backlog surged to $4.084 billion in the first quarter of fiscal 2026, marking a 21% year-over-year increase. Mo ...

Okta (OKTA) 2025 Conference June 10, 2025 11:30 AM ET Speaker0 Alright. Good morning. Good afternoon, everybody. It's Keith Bachman here from BMO. We're continuing on our virtual software comp conference. Thrilled to have Okta and Brett, and we're just gonna go ahead and launch Intuit normal format. If anybody wants to ask questions, you can email me or there is the ability to do that on the on the webcast here. Let's just jump into it, Brett. Thanks very much for joining us today. Let let's start out broad ...

Zscaler (ZS -0.98%) deploys "zero trust" systems that treat everyone on a network as a potential threat and require repeated proof to the contrary. But unlike older cybersecurity companies, which often install their services via on-site appliances, Zscaler only provides its tools as cloud-native services -- which are stickier, easier to scale, and can be remotely maintained and updated. It serves over 7,500 customers worldwide and secures more than 500 billion transactions daily. Zscaler, CyberArk, and Clou ...

The Zacks Security industry is experiencing robust demand for cybersecurity products, driven by the increasing need for secure networks and cloud-based applications, especially with the rise of hybrid work environments. This surge in demand is largely due to a significant increase in data breaches, prompting companies to seek comprehensive IT security solutions. The growing need for privileged access security, fueled by digital transformation and cloud migration strategies, is further boosting the demand fo ...

CHONGQING, CHINA - MAY 25: In this photo illustration, the logo of Okta, Inc. is displayed on a ... More smartphone screen, with the latest stock market chart of the company in the background, reflecting investor sentiment and recent trading activity, on May 25, 2025, in Chongqing, China. (Photo Illustration by Cheng Xin/Getty Images)Getty ImagesCybersecurity firm Okta (NASDAQ: OKTA), a frontrunner in identity and access management, has experienced a stock decrease of around 10% in the last month, even afte ...

CyberArk Software (CYBR) 2025 Conference Summary Industry Overview - **Industry**: Cybersecurity, specifically focusing on Identity Security and Privileged Access Management (PAM) [3][6] - **Market Trends**: Increasing attacks on both human and machine identities, with identity being recognized as the primary defense factor against adversaries [3][4][5] Core Company Insights - **Company Positioning**: CyberArk has evolved from traditional PAM to a broader identity security market, capturing significant demand due to the urgency of identity protection [3][5] - **Growth in PAM**: The core PAM market remains vibrant with substantial growth opportunities, particularly in modern use cases and among highly privileged users who are not fully secured [6][7][12] Customer Dynamics - **Customer Demand**: There is robust demand for identity security solutions, with customers increasingly seeking multi-product solutions that address high-priority areas [9][10] - **Expansion Opportunities**: CyberArk has established multi-year roadmaps with strategic customers, allowing for ongoing expansion within existing accounts [11][12] Competitive Landscape - **Emerging Competitors**: Non-traditional identity security players, such as CrowdStrike, are entering the identity space, but CyberArk differentiates itself through a preventative and deterministic approach to identity security [14][15][23] - **Consolidation of Trust**: Customers are looking for trusted vendors to reduce the number of cybersecurity vendors they engage with, emphasizing the importance of a unified identity security platform [20][21] Product Development and Innovation - **Identity Security Platform**: CyberArk is focused on creating a unified user experience across its identity security offerings, which is essential for effective deployment and management [22][19] - **Acquisition of Zillow**: The acquisition aims to enhance CyberArk's Identity Governance and Administration (IGA) capabilities, addressing the need for modern, efficient IGA solutions that integrate with existing identity security frameworks [40][41][44] Machine Identity and AI - **Machine Identity Security**: There is a growing recognition of the security importance of machine identities, with CyberArk positioned to address this need through its solutions [28][29][32] - **AI Integration**: CyberArk is actively working on incorporating AI into its solutions to enhance productivity and security, particularly in managing access to AI systems [34][36][38] Future Opportunities - **Market Potential**: There remains a significant opportunity for CyberArk to secure a large number of unsecured identities, both human and machine, as well as to expand its offerings in the evolving landscape of identity security [54][55] - **Long-term Vision**: The company is optimistic about its growth trajectory, with plans to deepen and broaden its solutions to meet the increasing demands of the market [55][56]

Key Takeaways Major Indexes recorded their strongest month in May since November 2023. Five Zacks Top Rank stocks with Momentum Score A are poised to benefit from June's bullish sentiment. Improved earnings estimates and sector strength support picks like CYBR, KGC, NWG, RYAAY, and PCTY.Wall Street saw an impressive rally in May after severe volatility in the previous two months. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were up 3.9%, 6.2% and 9.6%, respectively. The ...

Okta (OKTA -3.22%) has been in rally mode for much of this year, but the stock hit a speed bump when it reported its fiscal 2026 first-quarter results. Despite a 15% drop in its share price since May 27, the stock is still up 35% year to date, as of this writing.Let's take a closer look at the cybersecurity company's most recent results and guidance to see it if can regain its momentum.Solid quarter but cautious outlookIn what has been a pretty common theme of late, Okta shares fell after management issued ...

Market Overview - U.S. stock markets have faced a setback in 2025 following a significant bull run in 2023 and 2024, attributed to overstretched valuations, sticky inflation, weak economic data, geopolitical conflicts, and concerns over the Trump administration's trade policies [1] - The technology sector has been the most affected, particularly AI-focused stocks, due to the Federal Reserve's uncertainty regarding rate cuts, recession fears, and competition from low-cost Chinese AI platforms [2] Nasdaq Composite Performance - The tech-heavy Nasdaq Composite is down 0.4% year to date, although some technology stocks listed on the Nasdaq have achieved double-digit returns [3] Stock Picks - Selected stocks with potential for double-digit returns include CyberArk Software Ltd. (CYBR), Lam Research Corp. (LRCX), and monday.com Ltd. (MNDY), all carrying favorable Zacks Ranks [3][4] CyberArk Software Ltd. (CYBR) - CyberArk is benefiting from rising demand for cybersecurity solutions due to increasing data breaches and digital transformation strategies [7] - The company has a strong presence across various sectors, which helps mitigate the impact of softening IT spending, and is shifting towards software-as-a-service and subscription models to drive growth [8] - CyberArk's expected revenue and earnings growth rates are 31.9% and 25.1%, respectively, with a short-term price target indicating a potential upside of 30.6% from its last closing price of $382.81 [11][12] Lam Research Corp. (LRCX) - Lam Research is capitalizing on strengths in 3D DRAM and advanced packaging technologies, with a rebound in its System business due to improving memory spending [13] - The company is well-positioned to benefit from an expected $100 billion in wafer fab equipment spending in 2025, driven by increased investments in foundry/logic, DRAM, and NAND [14] - Lam Research's expected revenue and earnings growth rates are 22.2% and 33.4%, respectively, with a price target suggesting a maximum upside of 48.8% from its last closing price of $83.94 [15] monday.com Ltd. (MNDY) - monday.com develops cloud-based software applications and provides various work management solutions across multiple sectors [16][17] - The company has an expected revenue growth rate of 25.6% and earnings growth rate of 6.3%, with a price target indicating a potential upside of 50.5% from its last closing price of $299.11 [17][18]