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Okta, Inc. (OKTA-Q)
NASDAQ:OKTA
83.07
0.42
(0.50%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Okta, Inc. (OKTA-Q) is currently facing challenges following a privacy breach which has led to a loss of respect in the marketplace. Experts advise waiting for the estimated earnings at the end of August to determine if the company can repair the damage to its integrity. The 12-month price target is set at $118, indicating a cautious approach to investing in the stock. Okta will need to regain trust and prove its value to investors after the recent setback.
$92.510
No
Reported two weeks ago: great numbers with a clean beat and raised their quarter. Shares popped and can continue to rise, but a recent major hack involved cracking a company network by breaking into an employee's Okta logging credentials.
Has been following company closely.
Identity verification a good space to be in.
Heavy competition from Microsoft etc.
Potential for company to be bought.
"Show and prove" story for investors.
Waiting for results before buying.
Delivered a beat and raised guidance, but the street focussed on the amount of business they have not done, a number which missed expectations. The street sees slowing business ahead. Doesn't help that shares were hot going into the quarter.
Okta, Inc.(OKTA-Q) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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, there was no coverage of Okta, Inc. published on Stockchase.
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?
0 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 2025-01-14, Okta, Inc. (OKTA-Q) stock closed at a price of $83.07.
Privacy breach. Has to earn back respect from the marketplace, because a lot of people got burned. 12-month price target of $118. Wait for earnings to come out and see if it can repair damage to its integrity.