This summary was created by AI, based on 3 opinions in the last 12 months.
The reviews for Okta, Inc. show a mixed sentiment among experts. While some are impressed with the company's strong financial performance and potential for growth, others are concerned about the recent security breach and competition in the identity verification space. There is also uncertainty about the future business prospects and market sentiment towards the stock
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. 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
In the last year, 2 stock analysts published opinions about OKTA-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Okta, Inc..
Okta, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Okta, Inc..
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.
2 stock analysts on Stockchase covered Okta, Inc. In the last year. It is a trending stock that is worth watching.
On 2024-03-18, Okta, Inc. (OKTA-Q) stock closed at a price of $105.87.