Latest OKTA news and sentiment

OKTA Stock Soars 20% After-Hours — Okta Lifts FY27 Revenue Forecasts As AI Buildout Sparks Surge In Cybersecurity Demand

Okta (OKTA) Following Strong Results And Raised Outlook, Is The AI Story Already Priced In?

Okta Stock Gets Stunning $200 Price Target Hike on AI Agent Growth

This article first appeared on GuruFocus. Okta (NASDAQ:OKTA) is drawing renewed attention from Wall Street after Needham lifted its price target to $200 from $140 and kept a Buy rating, pointing to rising demand across the company's identity products. The higher target follows Okta's fiscal second-quarter results, which beat expectations on both revenue and adjusted earnings. Revenue rose 11% year over year to $805 million, while adjusted earnings reached $1.05 a share. Current remaining performance obligations increased 14% to $2.585 billion. Warning! GuruFocus has detected 7 Warning Sign wit

Okta Stock Just Got a New Street-High Price Target

An Okta sign on a corporate office_ Image by Sundry Photography via Shutterstock_ Okta (OKTA) is giving investors another reason to revisit its growth story after a stronger-than-expected second-quarter performance sparked a fresh wave of Wall Street optimism. Needham has now raised its price target to a Street-high $200 from $140 on Aug. 27 and maintained a "Buy" rating, citing broad-based demand across Okta's Workforce and Customer Identity platforms, strength among large enterprises and momentum in newer products such as Identity Governance. The bullish call comes after Okta reported better

Okta Stock Could Have More Upside After Its 28% Rally, Analysts Say

An Okta sign on a corporate office_ Image by Sundry Photography via Shutterstock_ Okta (OKTA) stock is suddenly moving like a high-growth software company. Shares have climbed 28% in the past five days and are up about 93% year-to-date (YTD). The catalyst is the stronger-than-expected fiscal second-quarter report, which has investors and analysts evaluating Okta's growth potential. Let's dig into this potential further. More News from Barchart Dear Sandisk Stock Fans, Mark Your Calendars for August 31 Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR Wu-Tang Clan

The Zacks Analyst Blog Highlights Okta, Microsoft, CrowdStrike and Cisco Systems

For Immediate Release Chicago, IL – August 31, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Okta OKTA, Microsoft MSFT, CrowdStrike CRWD and Cisco Systems CSCO. Here are highlights from Friday's Analyst Blog: Okta Stock Surges +29% Post-Q2 Earnings: Should You Buy? Okta shares jumped 28.63% after the company reported second-quarter fiscal 2027 results on Wednesday, reflecting better-than-expected

OKTA's AI Security Push Gains Momentum Against CRWD & MSFT

Okta OKTA is benefiting from growing enterprise demand for Artificial Intelligence (AI) security and an expanding identity-security portfolio. The company is extending its platform beyond employees and customers to AI agents and other non-human identities as enterprises rapidly deploy agentic applications. Okta's offerings include Okta for AI Agents, Auth0 for AI Agents, Identity Threat Protection, Identity Security Posture Management, Privileged Access and Fine-Grained Authorization. These capabilities strengthen Okta's position against broader security competitors, including CrowdStrike CRWD

Why Okta Stock Skyrocketed This Week

Okta (NASDAQ: OKTA) stock closed out this week's trading with a huge gain, rising 23% across the stretch. Meanwhile, the S&P 500 ended the week up 1.1%, and the Nasdaq Composite gained 1.8%. After the stock market closed on Wednesday, Okta released results for the second quarter of its 2027 fiscal year -- a period that closed July 31. The company reported sales and earnings that beat expectations and also issued encouraging guidance, and its stock also got a boost from excitement surrounding the broader cybersecurity industry. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009,

Okta (OKTA) Stock May Be 5% Undervalued After AI Outlook Boost

Okta (OKTA), What Is Behind Its Latest Move?

Okta (OKTA) is back in the spotlight after a strong second quarter, where earnings exceeded market expectations and management lifted full year revenue guidance, supported by demand for AI focused identity security. Okta's share price has had a strong run into these results, with a 7 day share price return of 23.01% and a 90 day share price return of 34.85%. This has contributed to a 98.74% year to date share price return and a 79.19% 1 year total shareholder return, even though the 5 year total shareholder return is down 38.52%. This suggests that recent momentum is building off a much weaker

Why Okta (OKTA) Is Up 23.0% After Raising 2027 Outlook On AI-Agent Security Demand – And What's Next

Okta, Inc. reported past second-quarter 2026 results with revenue of US$805 million and net income of US$116 million, and raised its fiscal 2027 guidance to full-year revenue of about US$3.22 billion on the back of stronger-than-expected demand for its identity security platform. The company emphasized growing interest in tools securing autonomous AI agents, with new AI-focused products contributing meaningfully to bookings and helping define a new identity security category. We'll now examine how Okta's stronger earnings and upgraded full-year outlook, underpinned by AI-agent security demand,

Okta (OKTA) Grew Remaining Performance Obligations 17% While Revenue Rose 11%. Is the Platform Reaccelerating?

Okta, Inc. (NASDAQ:OKTA) reported fiscal second-quarter 2027 results that strengthened the case for a bookings recovery. Revenue rose 11% year over year to $805 million, while company-defined non-GAAP diluted earnings increased 15% to $1.05 per share. Consensus estimates called for revenue of $793 million and adjusted earnings of $0.97 per share. The more important signal was in contracted business. Remaining performance obligations, or subscription backlog, increased 17% to $4.858 billion, outpacing recognized revenue growth by six percentage points. Current RPO, which Okta, Inc. (NASDAQ:OKTA

Okta Just Jumped 29%. AI Agents May Be Creating a New Bottleneck

Okta, Inc. (NASDAQ:OKTA) jumped 28.6% on August 27 and closed at $172.91 after reporting better-than-expected results. The easy explanation is an earnings beat. The stock also reached a four-year high, making this more than a routine relief rally after a quarter that narrowly cleared estimates. The more interesting explanation is that investors may be starting to price identity as a bottleneck for AI agents, because an autonomous agent becomes useful only if a company can control what it is allowed to see and do. Okta's August 26 quarter gave that narrative a solid base. Revenue rose 11% to $8

Okta Stock Surges 29% Post Q2 Earnings: Should You Buy?

Okta OKTA shares jumped 28.63% after the company reported second-quarter fiscal 2027 results on Wednesday, reflecting better-than-expected results, accelerating bookings indicators, strong large-enterprise execution and rising investor enthusiasm around AI-agent security. In the second quarter of fiscal 2027, revenues increased 11% year over year to $805 million, while subscription revenues rose 12% to $793 million. Adjusted earnings of $1.05 per share exceeded the Zacks Consensus Estimate by 9.38%, while revenues topped the consensus mark by 1.62%. More importantly, forward-looking demand met

Okta’s AI boom just created a new security problem

Companies worried for years about whether an employee's password had been stolen. Now they have to worry about AI "workers," too. Okta (OKTA)reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion. The company boosted its yearly outlook as organizations increasingly face a category of identity that was virtually nonexistent in mainstream commercial IT only a few years ago: autonomous AI agents. "Every agent needs a trusted identity and clear controls over wha

Okta Inc (OKTA) on Record High Amid AI Boom; Hedge Funds Raise Exposure

Okta Inc. (NASDAQ:OKTA) saw its share price climb to a new four-year high on Thursday after reporting a strong earnings performance in the second quarter of fiscal year 2027, which showed that the company is reaping huge returns from the booming artificial intelligence industry. In intraday trading, the stock climbed to a record high of $174.85 before paring gains to finish the session just up by 28.63 percent at $172.91 apiece. Photo by Tima Miroshnichenko on Pexels Profits Jump 73% Net income during the period ended at $116 million, up from $67 million net income in the second quarter of fis

Okta's Stock Is Surging. Here's Why This Top Cybersecurity Stock Is Still a Buy

Shares of Okta (NASDAQ: OKTA) soared on Thursday after the identity management leader delivered strong quarterly profits.Image source: Getty Images. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Guarding AI agents AI agents have the potential to automate huge swaths of the economy, boosting productivity and slashing costs along the way. Yet AI agents also pose a dangerou

Why Is Okta (OKTA) Stock Soaring Today

What Happened? Shares of identity management company Okta (NASDAQ:OKTA) jumped 28% in the afternoon session after the company reported stronger-than-expected second-quarter financial results and raised its full-year revenue outlook. According to a company press release and earnings commentary, Okta reported second-quarter revenue of $805 million, up 10.6% year-over-year, surpassing analyst estimates of $792.8 million. The bottom line was equally impressive, with adjusted earnings per share coming in at $1.05 to beat consensus expectations of $0.96, aided by operating margins that expanded sign

OKTA Q2 Deep Dive: AI Security Drives New Product Momentum, Core Business Expands

OKTA Q2 Deep Dive: AI Security Drives New Product Momentum, Core Business Expands Identity management company Okta (NASDAQ:OKTA) announced better-than-expected revenue in Q2 CY2026, with sales up 10.6% year on year to $805 million. Guidance for next quarter's revenue was better than expected at $815 million at the midpoint, 0.9% above analysts' estimates. Its non-GAAP profit of $1.05 per share was 8.9% above analysts' consensus estimates. Is now the time to buy OKTA? Find out in our full research report (it's free). Okta (OKTA) Q2 CY2026 Highlights: Revenue: $805 million vs analyst estimates o

Okta (OKTA) Stock Price Surges As AI Bookings And Profit Grow