OKTA News and Press, Okta Inc. From 04/03/24

2024-04-03 18:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-04-01 13:33:09 ET Summary Okta's latest earnings report exceeded guidance on revenue and remaining performance obligations, leading to a surge in the stock. Wall Street appears to believe that this year's guidance is too conservative. Longer-term consensus estimates look ...

2024-03-27 15:49:21 ET Summary Microsoft Corporation's cybersecurity business is the world's leading company by revenue, with revenue from cybersecurity verticals expected to reach $25 billion in FY 2024. Microsoft's Copilot for Security tool will have new enhancements, including ...

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Nearly three quarters (almost 75 per cent) of Canadians fear their identity will be stolen or misused due to the advancements in AI, according to new research* from Okta, Inc. (NASDAQ: OKTA), the leading independent Identity provider. Whatȁ...

2024-03-22 15:37:05 ET Summary Okta's stock rallied after a data breach in October, but risks have emerged. Downgrading Okta to Neutral. Okta's valuation multiples are currently rich, sitting at ~7x EV/FY25 revenue and ~32x EV/FY25 FCF. Concerns include slowing customer growth...

2024-03-22 04:50:00 ET When you think of tech stocks, the phrase "recession-proof" doesn't normally spring to mind. That's because the industry is among the first to decline when fears of an impending economic downturn spike. Enterprises and consumers often look to delay or cancel IT spendi...

Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, proudly introduces "The Identity 25," an initiative that shines a spotlight on the trailblazers in the burgeoning field of digital identity. This inaugural report is a testament to the...

2024-03-15 10:51:52 ET More on Microsoft Costco And Microsoft Trigger Our Buy-On-Weakness Signal (Technical Analysis) Microsoft: Strong Financials, Bright Outlook And Solid Upside Potential, Buy Microsoft Corporation (MSFT) Morgan Stanley Technology, Media and Teleco...

2024-03-11 07:28:35 ET More on artificial intelligence Palantir: Why Doing Things Their Way Is Paying Off? Microsoft: Strong Financials, Bright Outlook And Solid Upside Potential, Buy Surging Towards $1,000 Per Share, Is Nvidia Stock Overvalued? Microsoft pro...

2024-03-08 11:22:05 ET Shares of Okta (NASDAQ: OKTA) rose 29.9% last month, according to data provided by S&P Global Market Intelligence . The cybersecurity stock was buoyed by an impressive quarterly earnings report. Okta's management team delivered impressive cost cont...