Okta, Inc. (NASDAQ:OKTA) KeyBanc Capital Markets 2024 Emerging Technology Summit March 6, 2024 12:30 PM ET Company Participants Monty Gray - EVP, Corporate Development Conference Call Participants Eric Heath - KeyBanc Capital Markets Inc. Eric Heath All right. So welcome, everybody. Thanks for joining our fireside chat here with Okta today. I'm Eric Heath, senior software analyst here at KeyBanc. So Monty, I really appreciate you doing this. Monty Gray Yeah. Thanks for having me. Question-and-Answer Session ...

Investors might want to bet on Okta (OKTA) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this cloud identity management company, should get reflected in its stock price. After all, empirical research shows a strong correlati ...

Okta, Inc. (NASDAQ:OKTA) Morgan Stanley Technology, Media & Telecom Conference Call March 5, 2024 11:00 AM ET Company Participants Brett Tighe - Chief Financial Officer Conference Call Participants Hamza Fodderwala - Morgan Stanley Hamza Fodderwala Good morning, everybody. Welcome to Day 2 of the Morgan Stanley TMT Conference. I'm Hamza, the cybersecurity analyst here at Morgan Stanley. With me, I have the pleasure of having the CFO of Okta, Brett Tighe. Brett, thank you so much for joining. Brett Tighe Tha ...

It's been a tough couple of years for Okta (OKTA 1.11%) investors. After enduring the worst downturn in more than a decade, the cybersecurity specialist suffered a high-profile security breach in mid-2023. Growth slowed to a crawl, and confidence waned.However, Okta's quarterly results have vaulted the company back into Wall Street's good graces, and at least one analyst believes there's much more to come.A rare double upgradeIn the wake of the company's impressive financial results, Bank of America upgrade ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 For the transition period from to (Mark One) Commission File Number: 001-38044 Okta, Inc. (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Okta (OKTA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Okta is one of 622 companies in the Computer and Technology group. The Computer and Technology group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best t ...

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Shares of Okta (OKTA 20.70%) surged out of the gate Thursday morning, gaining as much as 28.4%. As of 11:30 a.m. ET, the stock was still up 20.8%.The catalyst that sent the cybersecurity specialist soaring was its quarterly earnings results, which suggested the company may finally be on the path to recovery.Beat and raiseFor its fiscal 2024 fourth quarter (ended Jan. 31), Okta generated revenue of $605 million, up 19% year over year, fueled by subscription revenue of $591 million, which grew 20%. The compan ...

Okta (OKTA) reported fourth-quarter fiscal 2024 earnings of 63 cents per share, comfortably beating the Zacks Consensus Estimate by 23.53%. The company reported earnings of 30 cents in the year-ago quarter.Total revenues increased 18.6% year over year to $605 million and surpassed the consensus mark of $586 million. The year-over-year upside can be attributed to higher subscription revenues.Okta’s total customer count was 18,950, up 8% year over year. Customers with more than $100K in Annual Contract Value ...

It’s not too late to invest in Okta Inc (NASDAQ: OKTA) even though it has rallied some 60% over the past four months, says a Bank of America analyst.Okta stock could climb to $135Copy link to sectionMadeline Brooks double upgraded the identity and access management company from underperform to “buy” this morning after it published a strong Q4 earnings report and issued upbeat future guidance. Okta stock opened about 20% up today but the BofA analyst is convinced it could continue to rally and hit $135 over ...