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· Okta, Inc. Class A Common Stock (OKTA) Nasdaq Listed. Nasdaq Data is currently not available. $ + (+%) DATA AS OF Jul 06, AM ET. Add to 1 Year Target: $ · Okta, Inc. Class A Common Stock (OKTA) Nasdaq Listed. Nasdaq Data is currently not available. $ + (+%) DATA AS OF Jul 09, Add to Watchlist. Add to Portfolio. NASDAQ. About Okta, Inc. is a publicly traded identity and access management company based in San Francisco. It provides cloud software that helps companies manage and secure user. 13 hours ago · Okta, Inc. Class A Common Stock (OKTA) Nasdaq Listed. Nasdaq Data is currently not available. $ (%) DATA AS OF Aug 06, Add to Watchlist. Add to Portfolio.
Historically, enterprises have secured their digital resources by building firewalls around the corporate perimeter. All applications and infrastructure were maintained on site, and all employees on the corporate network were trusted by default. However, this approach no longer works. Many enterprises have moved resources to the public cloud, an environment that exists beyond their control.
And the pandemic has accelerated the adoption of remote work, meaning many employees no longer access resources from within the corporate perimeter. To address these changes, a new security framework has emerged: zero trust. In this model, no user or device is trusted by default. Instead, each user must be continuously validated to access applications and data.
Notably, companies like Okta NASDAQ:OKTA play a critical role in making this possible. Here are two reasons this stock could crush the market in the coming years. Okta specializes in identity and access management IAM. Its platform allows clients to control access to corporate resources based on context like user device, network, and location.
Moreover, the Okta Identity Cloud addresses both workforce and customer identity use cases, securely connecting the right people to the right services.
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This chart shows the closing price for OKTA by one month, three months, or twelve months. This chart shows the closing price for OKTA for the last year in relation to the current analyst high, average, and low pricetarget. Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart.
The following sell-side analysts have issued stock ratings on Okta in the last twelve months: BMO Capital Markets, BTIG Research, Canaccord Genuity, Citigroup Inc. Baird, Royal Bank of Canada, Stifel Nicolaus, The Goldman Sachs Group, Inc. View the latest analyst ratings for OKTA. The Goldman Sachs Group, Inc. View the latest price targets for OKTA.
Okta currently has 8 hold ratings and 14 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of „Buy. View the latest ratings for OKTA. Okta’s physical mailing address is FIRST STREET SUITE , SAN FRANCISCO CA, The company’s listed phone number is and its investor relations email address is [email protected] The official website for Okta is www.
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Shares of Okta NASDAQ:OKTA were falling Thursday morning despite better-than-expected results in its fiscal first-quarter earnings report. Investors‘ disappointment seemed to stem from its bottom-line guidance for the rest of the year, which was much worse than expected, primarily due to its acquisition of Auth0, which closed this month.
As of a. EDT, shares of the cloud security company were down by What seemed to spook investors was the company’s guidance for the rest of the year. While its top-line forecast was strong, getting a boost from the Auth0 acquisition, it expects wider losses ahead. These wider expected losses at least partly reflect the expenses involved in the integration of Auth0, but it’s worth noting that Okta management’s guidance has historically been conservative.
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Today we’re going to take a look at the well-established Okta, Inc. But what if there is still an opportunity to buy? See our latest analysis for Okta. This means that the buying opportunity has probably disappeared for now. This is because the stock is less volatile than the wider market given its low beta. Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares.
This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? At this current price, shareholders may be asking a different question — should I sell? If you believe OKTA should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
Are you a potential investor?
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Okta, Inc. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from v According to 23 analysts, the average rating for OKTA stock is „Buy.
With the trading day more than halfway over, the broad markets were somewhat mixed. SAN FRANCISCO– BUSINESS WIRE –Okta, Inc. NASDAQ:OKTA , the leading independent identity provider, welcomes Sagnik Nandy as President of Technology and CTO. Nandy will join Okta’s executive management NASDAQ: OKTA , the leading independent identity provider, today announced that it will release its financial results for its second quarter fiscal ended The Biden administration is pushing for cybersecurity infrastructure upgrades after recent attacks.
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· Okta, Inc. Class A Common Stock (OKTA) Nasdaq Listed. Nasdaq Data is currently not available. $ (%) DATA AS OF Jul 15, Add to Watchlist. Add to Portfolio. · Okta, Inc. Class A Common Stock (OKTA) Pre-Market Stock Quotes – Nasdaq offers pre-market quotes and pre-market activity data for US and global markets.
Look at the stocks you own. Can you tell me why you’ve got them? If you can’t answer the following three questions, then have a look at several I like right now. Here’s what our look at the cybersecurity company’s charts reveals. The banks are parking large amounts of dough at the Fed every night. Last Friday’s number was the highest single day total since There’s absolutely no good reason for the Fed to still be supporting the mortgage market and there hasn’t been for quite some time.
Amazingly, one group isn’t just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb. Let’s look at this impossible move on the market — and why health care could be coming off life support. It may seem ridiculous, but you can distill the market down to these two names because they stand for palpable themes. These recently downgraded names are displaying both quantitative and technical deterioration.
Our latest look at the cybersecurity name’s charts and indicators. I would not even think of buying these shares ahead of this evening’s closing bell. This isn’t an aggressive trade in my view but I’m not sure I want to be aggressive here.