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The Latest Breaking News from Okta Inc

More Losses Ahead For Okta Shares After Hack Warning?

Shares of Okta Inc (NASDAQ: OKTA) tanked after the identity and access management company Wednesday warned of a security breach that could potentially affect hundreds of its c

Benzinga · Mar 25, 2022

Ping Shares Jump On Rating Upgrade By Stifel

Stifel analyst Adam Borg upgraded Ping Identity Holding Corp (NYSE:PING) to Buy from Hold with a price target of $30, up from $25, implying an upside of 16%. Ping offers an enterprise-focused Identity and Access Management (IAM) platform, a foundational cybersecurity technology. The potential fallout from Okta Inc's (NASDAQ:OKTA) breach can be an additional positive driver for Ping.…

Benzinga · Mar 24, 2022

Okta Gets a Downgrade Post Data Breach Incident

Raymond James analyst Adam Tindle downgraded Okta Inc (NASDAQ:OKTA) to Market Perform from Strong Buy and removed his previous $260 price target. His prior thesis was that Okta could become a "platform cloud," similar to Salesforce.com Inc (NYSE:CRM). However, his channel conversations have suggested a continually disconnected CIAM go-to-market strategy. Meanwhile, although partners were willing to trust…

Benzinga · Mar 23, 2022

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Okta's Latest Revelations: The Lapsus$ Hack Affected 366 Customers

Digital authentication firm Okta Inc (NASDAQ:OKTA) Chief Security Officer David Bradbury admitted maximum potential impact to 366 customers by the Lapsus$ breach. An outside contractor, Sitel Group, accessed the data. Okta first became aware of the breach in January. However, Sitel received a forensic report about the incident on March 10 and shared a…

Benzinga · Mar 23, 2022

Why Okta Shares Are Tumbling Today

Okta Inc (NASDAQ: OKTA) shares are trading lower Tuesday morning following several reports indicating the company is investigating a digital breach.

Benzinga · Mar 22, 2022

Why This Analyst Believes Okta Stock Is 'Difficult To Ignore,' Noting An Increase In Cybersecurity Needs

Shares of Okta Inc (NASDAQ: OKTA) have lost 42% over the past six months, while the company’s organic growth remains strong, according to Mizuho Securities.

Benzinga · Mar 8, 2022

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