OKTA Stock Recent News

Okta's strong presence in identity security and AI-driven solutions makes it an attractive acquisition target amid industry consolidation. The company's financial stability, low debt, and reasonable valuation ratios offer limited downside risk and a compelling risk/reward profile. Recent acquisition rumors and sector M&A trends could drive a significant premium, providing high speculative upside for Okta shares.

Okta (OKTA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced that it will release its financial results for its second quarter fiscal year 2026 ended July 31, 2025 after the U.S. market close on Tuesday, August 26, 2025. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Event: Okta's Second Quarter Fiscal Year 2026 Financial Results Date: Tuesday, August 26, 2025 Time: 2.

Okta remains a Buy for me, thanks to its leading position in identity security, strong recurring revenue, and improving profitability. The stock trades at a discount to peers despite robust cash flow, a solid balance sheet, and clear upside if growth re-accelerates. Risks include tough competition, cautious guidance, and the need for better cross-selling, but the downside appears limited near current levels.

Recently, Zacks.com users have been paying close attention to Okta (OKTA). This makes it worthwhile to examine what the stock has in store.

I've doubled down and increased my position in Okta, Inc., the single sign on/identity security company, and am upgrading the stock to a strong buy. Palo Alto Networks has been speculated to be in talks to acquire Okta's competitor CyberArk, which is trading at a ~15x forward revenue multiple versus Okta's ~5x multiple. This deal could spotlight OKTA stock's value and reset its valuation higher, even without a deal of its own.

The latest trading day saw Okta (OKTA) settling at $97.84, representing a -3.22% change from its previous close.

Okta (OKTA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

@ProsperTradingAcademy's Charles Moon turns to three names he sees making notable recoveries in their stock price. He talks about the "great upside" Okta Inc. (OKTA) holds, Eli Lilly's (LLY) "technical breakout," and Autodesk's (ADSK) path to reclaim its 52-week high.