Analysts at Oppenheimer presented their outlook on Okta, Inc. (NASDAQ:OKTA), stating that the Secure Customer Identity and Access Management (CIAM) share gain opportunity in 2022 is underappreciated.

Contrary to investor concerns, the analysts believe the company’s core remains strong, and can sustain over 30% revenue growth longer-term. Among the catalysts driving an above consensus 2022 growth, the brokerage mentioned: (1) higher cross-sell between Auth0/Okta customers; (2) strong CIAM competitive positioning, and (3) an opportunity to sell the company's IGA/PAM products with a now unified salesforce.