Headquartered in San Francisco, CA·Fiscal year ends January·NASDAQ: OKTA·okta.com
About Okta
Okta, Inc. (Nasdaq: OKTA) is an independent identity security company that provides cloud-based solutions for securing and managing human, machine, and AI agent identities. The company offers workforce identity and customer identity products, including single sign-on, multi-factor authentication, lifecycle management, API access management, and identity governance. Okta's platform serves as a unified identity control plane enabling enterprises to authenticate and authorize users across cloud, on-premises, and hybrid IT environments. The company's product portfolio includes Okta Identity Governance, Auth0 for developer-focused customer identity, and workforce identity solutions that address the growing complexity of managing identities in AI-driven and agentic enterprise environments. Okta operates on a subscription-based SaaS model, with subscription revenue representing approximately 98% of total revenue, and also provides professional services. The company serves enterprises of all sizes across a wide range of industries globally. Updated
Active ETF managers are quietly crowding into the identity layer AI agents depend on, and Bloomberg's Balchunas says Okta tops his new flow tracker at $142 million in net buying.
Blue Horseshoe likes... Okta Inc, a cybersecurity stock that AI agents use for security/access). Our new tool that aggregates the daily buys/sells of 'big active' ETFs (an unprecedented transparency) shows that Okta has the highest combined net inflows ($142m) & impact score (43) https://t.co/nbsGyNOU5X
Okta reports at 4:01 PM ET, and the number that sets the tone for this $21.7 billion identity name is remaining performance obligations: it tells you whether enterprise security budgets are still committing years ahead. Full-year guidance is the other swing factor.
Wall Street just handed Okta a coordinated vote of confidence tied to one bold bet on AI agents, and the price targets analysts set reveal exactly how high they think this identity…
Cybersecurity stocks are rallying in Wednesday morning trading as broader large-cap technology names slide. The First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) is up 1% for the session. However, the Invesco QQQ Trust…
Cybersecurity stocks are extending last week’s advance into Monday’s midday session, and the leaders today are identity and endpoint names rather than the network security franchise. CrowdStrike Holdings (NASDAQ:CRWD | CRWD Price…
The identity-security trade found a clear leader over the past month, and it wasn’t the broad cybersecurity basket. Okta (NASDAQ:OKTA | OKTA Price Prediction) has led the pack while the wider market…
CrowdStrike (NASDAQ:CRWD | CRWD Price Prediction) stock is leading a second-day surge in cybersecurity names midday Tuesday, extending Monday’s rotation as investors reprice the security bill that comes with enterprise artificial intelligence…
CrowdStrike (NASDAQ:CRWD | CRWD Price Prediction) stock is up 12% to $232.08, Zscaler (NASDAQ:ZS) stock is rising 12% to $183.97, and Palo Alto Networks (NASDAQ:PANW) stock is jumping 11% to $366.40 in…
SailPoint is beating earnings expectations and stacking up AI-driven identity contracts at a rapid clip, yet its stock still trades below its IPO price while Okta has more than doubled. Something about…
AI agents are multiplying inside corporate networks faster than security teams can track them, and two cybersecurity companies just proved that scramble translates directly into record-breaking revenue growth.
SentinelOne beat revenue estimates and posted a record operating margin, yet investors punished the stock hard and dragged a top cybersecurity rival down with it. One number buried in the guidance spooked…
CrowdStrike and Okta dropped results after Wednesday's close, and the shockwave landed hardest on the cybersecurity names the market had spent months punishing. The rotation playing out Thursday reveals something unusual about…
Nvidia just shattered revenue records, and now a wave of cybersecurity stocks is surging in its wake. The connection between these two sectors runs deeper than a simple momentum trade, and understanding…
Okta and CrowdStrike both crushed earnings, but one stock is surging nearly twice as hard as the other despite posting slower growth and a troubling dip in a key bookings metric.
Wall Street analysts delivered a flurry of rating changes Thursday, reshuffling positions on retailers, REITs, solar stocks, and cybersecurity names while markets digest hotter inflation data and brace for a pivotal Fed…
A top global tech CEO just declared that machine-speed attacks have made human-speed defense obsolete, and that single claim reshuffles which cybersecurity vendors survive the AI era and which ones quietly become…
Wall Street kicked off the week with a flurry of bold calls on some of the market's most closely watched names, and at least one stock just scored a target price hike…
Okta, Inc. (Nasdaq: OKTA) is an independent identity security company that provides cloud-based solutions for securing and managing human, machine, and AI agent identities.
What is the OKTA stock price target?
24/7 Wall St.'s 12-month price target for OKTA is $254.34, rated Buy. The Wall Street consensus target is $212.25. OKTA price prediction →