OKTA Stock Recent News
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In the closing of the recent trading day, Okta (OKTA) stood at $92.1, denoting a +1.13% move from the preceding trading day.
OKTA strengthens AI-powered identity tools and partners with PANW. Its rivals CYBR and MSFT act as strong competitors in the IAM race.
Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
OKTA's subscription revenues jump 12% as product innovation, sales strategy and large contracts fuel growth momentum.
In a market increasingly defined by innovation and shifting consumer preferences, the recent recommendations from financial guru Jim Cramer on CNBC reflect broader trends in technology and finance.
In May this year, Alphabet Inc. GOOG unveiled a "total reimagining of search" with the launch of AI mode – the chatbot-style search engine feature that would let users converse with the search engine; besides using AI agents to execute tasks on behalf of the user. This announcement follows the launch of features like AI overviews that make Google Search a ‘Zero Click' affair. In search engine parlance, zero click refers to those internet searches that do not require the user to click and visit a webpage in order to get their questions answered. With AI overviews answering questions right on the search result pages, there is little incentive for search users to actually click and visit webpages to find their answers. This presents an existential threat to organizations that have built their business on top of Google's search engine platform. Ironically, Google's steadfast adoption of AI into their search engine is itself propelled by the existential threat presented by the emerging
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The S&P 500 (^GSPC -0.07%) added 20.5% during the two-month period that ended on June 9, 2025. The index has only achieved a two-month return above 20% on five other occasions since 1950, and that momentum led to an average gain of 31% during the next 12 months.
In the latest trading session, Okta (OKTA) closed at $97.4, marking a -1.73% move from the previous day.
The heavy selling pressure might have exhausted for Okta (OKTA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.