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The Latest Breaking News from Okta

Okta Earnings Perspective: Return On Capital Employed

Benzinga Pro data, Okta (NASDAQ:OKTA) reported Q1 sales of $414.94 million. Earnings fell to a loss of $242.71 million, resulting in a 0.63% decrease from last quarter.

Benzinga

2 Cybersecurity Stocks to Buy, 2 to Avoid

Increased tech dependency has boosted the demand for cybersecurity. Moreover, the Russia-Ukraine war has amplified the prospects of cyberattacks, making digitalized enterprises and governments spend more on cybersecurity. So, fundamentally sound cybersecurity stocks Check Point Software Technologies (CHKP) and Qualys (QLYS) could be ideal investments now. However, CrowdStrike Holdings (CRWD)…

StockNews.com

Why Shares Of Cloud-Based Company Okta Are Trading Downwards

Okta, Inc. (NASDAQ: OKTA) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

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Here's Why Analysts Are Positive On Okta With Hint Of Caution

Analysts had optimistic views on Okta, Inc (NASDAQ: OKTA) with a tinge of caution

Benzinga

Why Okta Stock Is Rising Today

Okta Inc (NASDAQ: OKTA) shares are trading higher Friday after the company reported better-than-expected financial results and issued guidance above analyst estimates.

Benzinga

Benzinga's Premarket Brief On Trending Tickers: Tesla, Lululemon And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

Analyst Ratings for Okta

Over the past 3 months, 18 analysts have published their opinion on Okta (NASDAQ:OKTA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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After-Hours Action: Why Okta Shares Are Surging

Okta Inc (NASDAQ: OKTA) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected financial results and issued guidance above analyst estimates.

Benzinga

Okta's Earnings: A Preview

Okta (NASDAQ:OKTA) is set to give its latest quarterly earnings report on Thursday, 2022-06-02. Here's what investors need to know before the announcement. Analysts estimate that Okta will report an earnings per share (EPS) of $-0.34.

Benzinga

There are systems 'guarding' your data in cyberspace – but who is guarding the guards?

We use internet-connected devices to access our bank accounts, keep our transport systems moving, communicate with our colleagues, listen to music, undertake commercially sensitive tasks – and order pizza. Digital security is integral to our lives, every day.

The Conversation

California will test digital driver's licenses. Is personal info at risk?

Are Californians ready for yet another new version of the driver's license?

Los Angeles Times

14 Analysts Have This to Say About Okta

Within the last quarter, Okta (NASDAQ:OKTA) has observed the following analyst ratings:

Benzinga

3 Plunging Cybersecurity Stocks to Continue Avoiding

Although rising interest rates continue to put pressure on the technology industry, the cybersecurity industry is expected to perform well due to increasing cyber threats with extensive digitization. However, not all stocks in the sector are expected to gain from the industry tailwinds. For instance, we think it is wise…

StockNews.com

Analyst Ratings for Okta

Within the last quarter, Okta (NASDAQ:OKTA) has observed the following analyst ratings:

Benzinga

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 29, 2022

Upgrades

Benzinga

Wells Fargo Shared Its View On Block, Lam Research, Okta

Wells Fargo saw Block Inc (NYSE: SQ) as a unique disruptor within Fintech and looked to sustain share gains by its Square and Cash App businesses over the next two years.

Benzinga

Expert Ratings for Okta

Okta (NASDAQ:OKTA) has observed the following analyst ratings within the last quarter:

StockNews.com

2 Overvalued Cybersecurity Stocks to Avoid in April

Although an increased risk of cyberattacks due to the Russia-Ukraine crisis, and growing investments in cybersecurity in the digital era, position the cybersecurity industry well to grow, the probability of aggressive interest rate hikes this year could dampen the performance of overvalued stocks in the sector. So, we think it…

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Benzinga

This Is What Whales Are Betting On Okta

A whale with a lot of money to spend has taken a noticeably bullish stance on Okta. Looking at options history for Okta (NASDAQ:OKTA) we detected 19 strange trades.

Benzinga

Here's How Much $1000 Invested In Okta 5 Years Ago Would Be Worth Today

Okta (NASDAQ:OKTA) has outperformed the market over the past 5 years by 31.74% on an annualized basis producing an average annual return of 46.16%. Currently, Okta has a market capitalization of $24.57 billion.

Benzinga

Britain Police Arrests Suspects Behind Okta, Microsoft Hacks

Britain Police arrested seven people following a series of hacks by the Lapsus$ hacking group, Reuters reports.

Benzinga

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

Here's How Much You Would Have Made Owning Okta Stock In The Last 5 Years

Okta (NASDAQ:OKTA) has outperformed the market over the past 5 years by 30.31% on an annualized basis producing an average annual return of 43.92%. Currently, Okta has a market capitalization of $22.73 billion.

Benzinga

Hackers Against Okta, Microsoft, NVIDIA Traced To England, Brazil: Bloomberg

Four cybersecurity researchers investigating Lapsus$ group's hacks against tech companies, including Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Okta Inc (NASDAQ:OKTA), have traced the attacks to a 16-year-old living with his mother near Oxford, England, Bloomberg reports. The researchers employed forensic evidence and publicly available information to tie the teen to Lapsus$. Another member of Lapsus$ is suspected…

Benzinga

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…

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