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Zacks Investment Research on MSNGoogle's $32B Deal Fuels Cybersecurity Boom: Bet on OKTA, FTNT StocksAlphabet’s GOOGL recent agreement to acquire cloud security firm Wiz for $32 billion marks its largest deal in history and signals a major shift in the cybersecurity landscape. As competition in cloud ...
During the last three months, 30 analysts shared their evaluations of Okta OKTA, revealing diverse outlooks from bullish to ...
We think that Okta’s underlying business benefits from high customer switching costs associated with its products and a network effect associated with the firm's integration network. The company ...
Free cash flow rose by 71.1% to $284 million. Okta operates in the identity and access management sector, offering tools and platforms that verify users' identities and ensure security across ...
Okta surpasses earnings expectations, fueled by a growing IAM market. Read why OKTA stock is trading at a discount, with a $150 target price and buy rating.
Okta’s “Auth for GenAI”, set to launch in 2025, will bring AI-powered authentication and risk detection to developers ...
For its fiscal 2025 fourth quarter (ended Jan. 31), Okta generated revenue of $682 million, up 13% year over year, fueled by subscription revenue that grew 13% to $670 million. Cost controls ...
putting the cost basis of the shares at $84.85 (before broker commissions). To an investor already interested in purchasing shares of OKTA, that could represent an attractive alternative to paying ...
"Okta’s strong financial results were highlighted ... acquisition and integration-related expenses, restructuring costs related to severance and termination benefits and lease impairments ...
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