OKTA Identity Solutions Gains Users: Should You Buy the Stock? [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Okta, Inc. - Class A (OKTA)
Last okta, inc. - class a earnings: 3/5 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.okta.com
Company Research
Source: Yahoo! Finance
It exited the first quarter of fiscal 2025 with the total customer count increasing 6% year over year to 19,100. Customers with more than $100K in Annual Contract Value (ACV) increased 12% year over year to 4,550. OKTA added 400 new customers in the reported quarter, out of which 160 customers were in the $100K-plus ACV category. Okta's expanding user base has been a key catalyst. It is protecting customers by blocking more than 2 billion security attacks a month, and expects these numbers to grow. OKTA's revenues are expected to witness a CAGR of 25% between fiscal 2022 and fiscal 2025. In fiscal 2023, the customer base increased 17.3% from fiscal 2022, while in fiscal 2024, clientele jumped 7.7% over fiscal 2023. However, the current level at which Okta shares are trading doesn't reflect these positive factors in our view. Shares have declined 1.5% year to date, underperforming the broader Zacks Computer & Technology sector's return of 6.7% and the Zacks Internet Software an
Show less
Read more
Impact Snapshot
Event Time:
OKTA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OKTA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OKTA alerts
High impacting Okta, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
OKTA
News
- Identity Analytics Market to Reach $14,485.55 Million by 2033; Growing Acceptance of Enterprise Mobility Trends to Propel Growth [Yahoo! Finance]Yahoo! Finance
- Okta, Inc. (NASDAQ: OKTA) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $125.00 price target on the stock.MarketBeat
- Investors Heavily Search Okta, Inc. (OKTA): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Identity And Access Management (IAM) Market to Surpass USD 48.78 Billion by 2031 | SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
- Here is What to Know Beyond Why Okta, Inc. (OKTA) is a Trending Stock [Yahoo! Finance]Yahoo! Finance
OKTA
Earnings
- 5/29/24 - Beat
OKTA
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 4
- 6/21/24 - Form 4
- OKTA's page on the SEC website