Okta Inc
Technology
Okta Inc (OKTA) Stock News
The latest OKTA headlines and market coverage — 2 recent stories, updated throughout the day.
- The Motley Fool·
CrowdStrike vs. OKTA: What Revenue Trends Between These Cybersecurity Giants Tell Investors
CrowdStrike and OKTA both show strong quarter-over-quarter revenue growth driven by increased AI-related cybersecurity demand. CrowdStrike's revenue nearly doubled over eight quarters ($1.0B to $1.5B), significantly outpacing OKTA's steady growth ($665M to $805M). However, OKTA is profitable with a 13% operating margin, while CrowdStrike remains unprofitable at -2%. CrowdStrike commands a premium valuation (P/S ratio of 38) versus OKTA's more reasonable multiple (P/S of 10), making OKTA potentially better value for investors despite CrowdStrike's faster growth trajectory.
- Zacks Investment Research·
Okta (OKTA) Just Overtook the 50-Day Moving Average
Okta (OKTA) is displaying bullish technical indicators after breaking above its 50-day moving average and reaching key support levels. The stock has gained 23.1% over the past four weeks and holds a Zacks Rank #2 (Buy) rating. Positive earnings estimate revisions, with 2 upward revisions and no downward revisions for the current fiscal year, further support the bullish outlook.