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Okta, Inc. (OKTA-Q)
NASDAQ:OKTA
95.10
1.30
(1.39%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 3 opinions in the last 12 months.
Okta, Inc. has recently reported great numbers and raised their quarter, leading to a rise in shares. However, a major hack involving employee credentials has raised concerns. While the company operates in a promising space, heavy competition and street expectations may be impacting investor confidence. Overall, there is potential for growth but also a need for the company to 'show and prove' to investors.
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.
$84.310
Unknown
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 : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
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, 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..
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?
2 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 2024-04-18, Okta, Inc. (OKTA-Q) stock closed at a price of $95.1.
