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OKTA - Okta, Inc.

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Okta, Inc.

OKTA

NASDAQ

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

101.63 USD

-0.1 (-0.0984%)

Latest OKTA News

Danny Green

Mar 18, 2025

Okta, Inc. (NASDAQ:OKTA) Price Target and Industry Outlook

Okta, Inc. (NASDAQ:OKTA) is a prominent player in the cybersecurity industry, providing identity and access management solutions. On March 18, 2025, Morgan Stanley set a price target of $125 for Okta, suggesting a potential upside of approximately 11.05% from its then-current price of $112.56. This reflects confidence in Okta's growth prospects within the expanding cybersecurity market. The Zacks Security industry, which includes Okta, is experiencing increased demand for cybersecurity products...

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Parth Sanghvi

Mar 4, 2025

Okta Stock Surges 15% on Strong Earnings & Upbeat Guidance

Shares of Okta (NASDAQ: OKTA) soared over 15% in premarket trading on Tuesday after the IT security provider posted better-than-expected Q4 earnings and strong forward guidance, driven by rising demand for cybersecurity solutions. Q4 Results: Beating Estimates πŸ“Š Q4 Adjusted EPS: $0.78 (vs. $0.74 expected) πŸ“Š Q4 Revenue: $682M (vs. $668.9M expected) πŸ“Š cRPO (Booked Revenue Forecast): $2.185B–$2.190B (+12% YoY) CEO Todd McKinnon highlighted that both workforce and customer identity pro...

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Andrew Wynn

Feb 28, 2025

Okta Inc. (NASDAQ:OKTA) Earnings Preview: Key Insights and Financial Health

Okta Inc. (NASDAQ:OKTA) is a prominent player in the cloud identity management sector, providing secure identity solutions for enterprises. As the company prepares to release its quarterly earnings on March 3, 2025, Wall Street anticipates earnings per share (EPS) of $0.73 and revenue of approximately $669.1 million. This release is crucial for investors, given the recent fluctuations in Okta's stock performance. Recently, Okta's stock has experienced a 7.9% decline over the past week. However,...

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Davit Kirakosyan

Dec 16, 2024

Okta Upgraded at JPMorgan, Shares Gain 2%

Okta (NASDAQ:OKTA) shares rose more than 2% intra-day today after it received an upgrade from JPMorgan analysts, who raised the stock's rating from Neutral to Overweight and set a price target of $100, implying a 22% upside. The upgrade followed a reassessment of Okta’s growth and profitability prospects, which now appear more favorable. Okta reset its fiscal 2026 revenue expectations with a cautious outlook, establishing a conservative growth target of 7%. This cautious baseline made the risk/r...

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Davit Kirakosyan

Dec 4, 2024

Okta Shares Surge 17% After Reporting Strong Q3 Profit and Revenue Growth

Shares of Okta (NASDAQ:OKTA) soared nearly 17% in pre-market today after the digital identity verification provider delivered a strong third-quarter performance, including a shift to profitability and robust revenue growth. For the quarter, revenue climbed 14% year-over-year to $651 million, while the company achieved net income of $17 million, a significant turnaround from the $81 million loss reported in the same period last year. Okta attributed its solid performance to strategic investments ...

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Zacks Investment Research

Aug 26, 2024

Should You Buy, Hold or Sell OKTA Stock Ahead of Q2 Earnings?

OKTA's second-quarter fiscal 2025 benefits from an expanding clientele amid a challenging macroeconomic environment.

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Zacks Investment Research

Aug 23, 2024

OKTA's 7% YTD Return is Misleading: How to Play This Growth Stock?

OKTA is riding on an expanding clientele driven by the strong adoption of its Identity Threat Protection solution amid a challenging macroeconomic environment.

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Zacks Investment Research

Aug 23, 2024

Stay Ahead of the Game With Okta (OKTA) Q2 Earnings: Wall Street's Insights on Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Okta (OKTA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2024.

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Zacks Investment Research

Aug 21, 2024

Here is What to Know Beyond Why Okta, Inc. (OKTA) is a Trending Stock

Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Zacks Investment Research

Aug 19, 2024

Okta (OKTA) Laps the Stock Market: Here's Why

In the latest trading session, Okta (OKTA) closed at $97.93, marking a +1.28% move from the previous day.

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