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OKTA - Okta: The Turnaround Is Underway (Ratings Upgrade)
June, 30 2024 11:22 PM
Okta Inc.
2024-06-30 23:22:15 ET
Summary Okta is showing signs of accelerating growth rates, and solid cRPO growth suggests continued strength ahead. Investors may have missed that OKTA is quite close to GAAP profitability. The stock looks attractive given the conservative outlook and strong financial metrics. I am upgrading the stock to buy. For further details see:
Okta: The Turnaround Is Underway (Ratings Upgrade)
Stock Information
Company Name:
Okta Inc.
Stock Symbol:
OKTA
Market:
NASDAQ
Website:
okta.com
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