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home / news releases / okta still well positioned to ride on this long term

OKTA - Okta: Still Well Positioned To Ride On This Long-Term Trend

Okta Inc.

2024-04-24 08:50:32 ET

Summary

  • OKTA stock is expected to benefit from the ongoing digitalization trend and increasing cybersecurity needs, leading to long-term growth.
  • The recent security incident has not had a material impact on Okta's business, with strong renewal and adoption trends among large customers.
  • New products and a restructured sales model are expected to drive growth acceleration in the near term.

Investment overview

For further details see:

Okta: Still Well Positioned To Ride On This Long-Term Trend
Stock Information
Company Name: Okta Inc.
Stock Symbol: OKTA
Market: NASDAQ
Website: okta.com
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