Double Moving Average Crossover
Previous Close | 74.69 |
Open | 74.14 |
Bid | 73.75 x 1000 |
Ask | 73.83 x 3100 |
Day's Range | 73.20 - 76.16 |
52 Week Range | 44.12 - 110.94 |
Volume | |
Avg. Volume | 2,448,973 |
Market Cap | 11.987B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -3.56 |
Earnings Date | Aug 29, 2023 - Sep 04, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 93.77 |
Fool.com contributor and finance professor Parkev Tatevosian evaluates Okta's (NASDAQ: OKTA) prospects and answers if investors should buy Okta stock right now. *Stock prices used were the afternoon prices of May 31, 2023.
Okta's (OKTA) first-quarter fiscal 2024 results reflect the benefits of an expanding clientele.
The stock market rally advanced strongly and broadly this week, as a debt-ceiling deal cleared Congress and Fed rate hike odds tumbled.
Okta (NASDAQ: OKTA) investors had a rough week as their stock declined 15% through Thursday trading compared to a 0.4% increase in the S&P 500. Okta announced on Wednesday that sales increased 25% for the Q1 period that ran through late April. This expansion rate beat the high end of the guidance range that executives had issued back in early March and reflected strong demand among enterprises for its identity management services.
Stocks climbed Thursday, erasing earlier losses, following the House of Representatives passing the debt ceiling bill. C3.ai stock (ticker: AI) tumbled 13% after the AI software provider’s earnings outlook failed to live up to the hype.
The identify-verification and access-management specialist reported results that some investors found disappointing.
Okta stock drops despite the company beating earnings expectations. Yahoo Finance Live’s Rachelle Akuffo breaks down Okta's earnings report and why the stock took a dive.
While the top- and bottom-line numbers for Okta (OKTA) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The identity management software company posted April quarter results that topped guidance for sales and earnings.
J.P. Morgan downgraded its rating on the shares to Neutral from Overweight and its target price to $85 from $95.
The House OK'd the debt-limit bill. Salesforce and C3.ai stock led earnings movers late. China EV makers reported May sales.
Investing.com -- Stocks in focus in premarket trade on Thursday, June 1st. Please refresh for updates.
With me in today's meeting, we have Todd McKinnon, our chief executive officer and co-founder; and Brett Tighe, our chief financial officer. A reconciliation between GAAP and non-GAAP financial measures and a discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents is available in our earnings release.
Wall Street finished the month of May on a down note, with major market benchmarks giving back a portion of their recent gains. Declines for the Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) were slightly worse than the daily drop in the Dow Jones Industrial Average (DJINDICES: ^DJI), but overall, the Nasdaq posted strong gains for the month even as the Dow fell significantly.
Okta (OKTA) delivered earnings and revenue surprises of 83.33% and 1.45%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
SAN FRANCISCO, May 31, 2023--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its first quarter ended April 30, 2023.
Let's review the charts of this cybersecurity name.
Two tech stocks that are standing out as their first-quarter earnings reports approach on Wednesday, May 31 are CrowdStrike (CRWD) and Okta Inc (OKTA).
Okta saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 92 to 96. The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Okta stock broke out earlier, but is now trading right around the prior 87.98 entry from a consolidation.
OKTA's first-quarter fiscal 2024 results are expected to reflect the positive impact of an expanding product portfolio and the continued adoption of Identity solutions.
Salesforce stock is among several strong performers set to report earnings, along with Broadcom and 3 fast-growing security software firms.
Investors aren't sure what to make of Okta (NASDAQ: OKTA) stock ahead of its late May earnings report. Most investors have high expectations here, with Wall Street pros forecasting $511 million of sales to hit the top end of management's outlook.
Digital Turbine's (APPS) fourth-quarter fiscal 2023 results reflect a negative impact of weak advertiser spending across business segments.
In the latest trading session, Okta (OKTA) closed at $84.67, marking a +1.5% move from the previous day.
Cybersecurity leader Okta stock is one of the best stocks to buy and watch in today's stock market, as it nears a new buy point.