Okta, Inc. - (OKTA) News
Okta, Inc. - (OKTA)
Today's Latest Price: $218.73 USD
Updated Jul 10 4:00pm
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Ranked of 47 in Software - Business
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Latest OKTA News From Around the Web
Below are the latest news stories about Okta Inc that investors may wish to consider to help them evaluate OKTA as an investment opportunity.
Cloud stocks look frothy, but companies are proving they can cut costs and keep growingInvestors are pouring money into companies like Okta and Datadog as they show potential for lower costs and continued revenue growth. |
Okta (OKTA) Gains As Market Dips: What You Should KnowIn the latest trading session, Okta (OKTA) closed at $222.95, marking a +1.44% move from the previous day. |
Is Okta (OKTA) Outperforming Other Computer and Technology Stocks This Year?Is (OKTA) Outperforming Other Computer and Technology Stocks This Year? |
Why Okta Stock Soared 74% in the First Half of 2020Okta (NASDAQ: OKTA) stock gained 73.6% in the first half of 2020, according to data from S&P Global Market Intelligence. In 2020, shares of Okta, which held its initial public offering (IPO) in April 2017, are up 91%. On May 28, Okta released its fiscal Q1 results for the period ended April 30. |
Is Okta Stock a Buy?The cloud-based identity specialist Okta (NASDAQ: OKTA) is poised to profit from the secular shift to cloud computing. But with its stock price close to its all-time highs after having more than doubled from its March lows, is it still a good time for investors to get involved? Gaining market share in the growing identity and access management market Enterprises have been moving applications and infrastructures to the cloud over the last several years to profit from increased flexibility. |
Okta, Inc. (OKTA): Are Hedge Funds Right About This Stock?The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […] |
These are the top 10 holdings of the best-performing US stock fund over the past year (SHOP, TWLO, MDB, VEEV, COUP, OKTA, SPOT, DXCM, WORK, ZM)2020's top stock picker as measured by performance has leaned on work-from-home stocks to drive the bulk of gains year-to-date. Morgan Stanley's Dennis Lynch is the portfolio manager of the Morgan Stanley Institutional Discovery Portfolio, which has posted a 12-month total return of 56.2%, ranking No. 1 among active funds that rely on fundamentals and don't use leverage. Here are the top 10 holdings driving strong performance in Lynch's Discovery portfolio. Visit Business Insider's homepage for more stories . Despite the turbulent stock market that saw a 20% drawdown in the first quarter and a 20% rise in the second quarter, some stock pickers are thriving amid the volatility. Case in point, Morgan Stanley's Dennis Lynch, who is the head of the Counterpoint Global team and a portfolio m... |
Okta (OKTA) Hits 52-Week High, Can the Run Continue?Okta (OKTA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
Okta started at OUtperform on continuing demand upsidesSeeing "continued upside to revenue/profitability estimates," RBC starts Okta (OKTA) at Outperform with a $230 price target.Analyst Matthew Hedberg cites industry "mega-trends" that could accelerate by five years after the pandemic.The analyst also sees OKTA's TAM expanding after the pandemic passes.OKTA shares are up 1.6% pre-market to $211.14. The company has a Bullish average... |
Benzinga's Top Upgrades, Downgrades For July 6, 2020Upgrades * Monness Crespi Hardt upgraded the stock for CyberArk Software Ltd (NASDAQ: CYBR) from Neutral to Buy. CyberArk Software earned $0.50 in the first quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $148.74 and a 52-week-low of $69.50. CyberArk Software's stock last closed at $102.97 per share. * Citigroup upgraded the stock for Tandem Diabetes Care Inc (NASDAQ: TNDM) from Neutral to Buy. For the first quarter, Tandem Diabetes Care had an EPS of ($0.25), compared to year-ago quarter EPS of ($0.18). The stock has a 52-week-high of $103.95 and a 52-week-low of $43.69. Tandem Diabetes Care's stock last closed at $98.58 per share. * Evercore ISI Group changed the rating for US Silica Holdings Inc (NYSE: SLCA) from Underperform to In-Line... |
