Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
07 April 2017Website:
http://www.okta.comNext earnings report:
30 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:55:30 GMTDividend
Analysts recommendations
Institutional Ownership
OKTA Latest News
If you have some cash on hand to invest long term, there are plenty of stocks begging to be bought. Vertex expects several product launches even as its mainstay portfolio continues to drive profitability.
Okta reported strong Q1 FY25 earnings, with revenue growing 19% YoY and non-GAAP operating income increasing 270% YoY. The company is seeing success winning large customer deals, particularly in the public sector, while customers with $100K+ in ACV grew 11.5% YoY to 4550 customers. Plus, its cRPO exceeded management's expectations in Q1, indicating that its go-to-market efforts to realign its sales team and leverage its partner ecosystem are starting to bear fruit.
Okta is showing signs of accelerating growth rates, and solid cRPO growth suggests continued strength ahead. Investors may have missed that OKTA is quite close to GAAP profitability. The stock looks attractive given the conservative outlook and strong financial metrics.
Okta (OKTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SAN FRANCISCO--(BUSINESS WIRE)--Okta appoints Anthony Bates, Chairman and Chief Executive Officer of Genesys Cloud Services, Inc., to the company's board of directors.
The CEO of Okta, Todd McKinnon, joins CNBC's Steve Sedgwick and Arabile Gumede to discuss data security.
Okta (OKTA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Okta reported strong revenue growth and increased its full-year guidance. However, slowing back-half projected revenue growth is a potential warning sign.
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that Brett Tighe, Chief Financial Officer of Okta, is scheduled to participate in the following upcoming investor conference. Nasdaq Investor Conference in London, United Kingdom Presenter: Brett Tighe, Chief Financial Officer Tuesday, June 11, 2024 at 09:30 a.m. Greenwich Mean time (01:30 a.m. Pacific time) The presentation will be webcast live on the investor relations section.
Okta, Inc. NASDAQ: OKTA shares are down more than 5% following its Q1 results and have the market at a critical turning point aligning with prior resistance and current support targets. A move below this level could send the market back to its recent lows, a rebound back to the recent highs.
What type of business is Okta?
Okta, Inc. is an identity and access management company. Okta is a leading independent identity management platform for enterprises. The company was founded in 2009, with its headquarters in San Francisco, California. The Okta Identity Cloud platform includes a set of applications for managing and protecting identities (Universal Directory), a cloud-based record system for storing and protecting user profiles, applications, and devices. The Okta product - Single Sign-On allows users to access their applications in the cloud or locally from various devices with a single sign-on of their credentials.
What sector is Okta in?
Okta is in the Technology sector
What industry is Okta in?
Okta is in the Software Infrastructure industry
What country is Okta from?
Okta is headquartered in United States
When did Okta go public?
Okta initial public offering (IPO) was on 07 April 2017
What is Okta website?
https://www.okta.com
Is Okta in the S&P 500?
No, Okta is not included in the S&P 500 index
Is Okta in the NASDAQ 100?
No, Okta is not included in the NASDAQ 100 index
Is Okta in the Dow Jones?
No, Okta is not included in the Dow Jones index
When does Okta report earnings?
The next expected earnings date for Okta is 30 August 2024