Advertising

NASDAQ:OKTA

78.85
4.66 (5.58%) 1d
0
Showing 1 to 15 of 19 entries
COMMENT
It reports Wednesday and he's unsure because there's been a lot of turnover there. He wants to know what's happening there.
Technology
BUY
With the rise of home offices, home computers are vulnerable to hackers. In offices, those computers are protected behind an office firewall, but home is more vulnerable. Okta protects. They handle anything to do with log-ins and credentials. This stock has rallied from $247 to 266 a month ago. This faces little competition in the online identity business.
Technology
BUY
Likes cybersecurity space a lot. OKTA's identity management is one he continues to do well with. Their interface lets you log in through their platform with a single secure sign-on.
Technology
TOP PICK
Cyber Security for businesses. There is a big focus on workplace technology stocks. Businesses are adapting and IT needs to adapt. He thinks there will be another big earnings growth ahead of them over the next couple of years as they bolt on more products to their platform. (Analysts’ price target is $297.08)
Technology
BUY
It sold off hard last month along with the cloud sector. But it had a product showcase today, plus their purchase of another cybersecurity company, Off Zero, are tailwinds. Shares jumped over 5%. This offers huge upside.
Technology
COMMENT
Today they reported higher than expected sales up 37% YOY though mixed guidance (say some but he disagrees) next quarter and full-year. One metric, remaining performance obligations are very good.
Technology
WEAK BUY
It reports next week and is worth buying, but buy only if you believe the market will change its attitude towards high-flying growth names that don't trade on earnings, but sales.
Technology
BUY
Cloud stocks have bounced back partially. OKTA got hammered in February and March, but has rebounded $20. This week, OKTA is announcing big new products, but the market doesn't care. Still, he thinks this is a good story though the stock is out of fashion.
Technology
BUY on WEAKNESS
A fine cybersecurity stock. Got hammered today, despite the Nasdaq rising. They reported a strong quarterly Wednesday, but forecast higher losses for this quarter and year. Maybe worth buying on weakness now.
Technology
COMMENT
A cloud cybersecurity company that handles your login, a necessity during work-from-home. In October/early November it rolled over with other cloud stocks. Two weeks ago, they reports a blowout quarter with top and bottom line beats. They also issued strong Q4 guidance and cash flow. The stock popped 5% the next day and remains up, 125% YTD.
Technology
COMMENT
COMMENT

What he calls one of 15 Red Hot stocks: unstoppable growth stocks with a sky-high valuation (30-100x sales, not earnings) With Crowdstrike, is a cloud cybersecurity play. Offers only 30% revenue growth, though trades at 30x sales, which is insane, but what can he say? Danger of a downside hit at these levels.

Technology
BUY
Cloud-based cybersecurity company that secures login credentials which protects work networks. The stock has doubled YTD. They just had a virtual showcase which pushed the stock higher.
Technology
PARTIAL BUY
The sector is doing well. Okta does identity management for businesses and non-profits. Tread carefully. There is expensive. A partial buy.
Technology
PARTIAL SELL
They do cloud security. Good recurring revenue. Doing very well. Take some profits.
Technology
Showing 1 to 15 of 19 entries

Okta, Inc.(OKTA-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Okta, Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Okta, Inc.(OKTA-Q) Frequently Asked Questions

What is Okta, Inc. stock symbol?

Okta, Inc. is a American stock, trading under the symbol OKTA-Q on the NASDAQ (OKTA). It is usually referred to as NASDAQ:OKTA or OKTA-Q

Is Okta, Inc. a buy or a sell?

In the last year, 4 stock analysts published opinions about OKTA-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Okta, Inc..

Is Okta, Inc. a good investment or a top pick?

Okta, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Okta, Inc..

Why is Okta, Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Okta, Inc. worth watching?

4 stock analysts on Stockchase covered Okta, Inc. In the last year. It is a trending stock that is worth watching.

What is Okta, Inc. stock price?

On 2022-05-24, Okta, Inc. (OKTA-Q) stock closed at a price of $78.85.