22 stories mentioning OKTAUpdated 1h ago
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Okta (OKTA) agreed to acquire cloud-native identity security platform Permiso Security.Permiso's technology will add identity-focused threat detection, better insight into AI-agent behavior, and automated response tools, Okta said Thursday in a statement.Financial details weren't disclosed.The transaction is set to close in Okta's fiscal Q3.Price: $139.74, Change: $+2.83, Percent Change: +2.06%
Okta (OKTA) has an average rating of overweight and mean price target of $124.87, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Todd McKinnon, Director, Chief Executive Officer, on July 08, 2026, sold 68,936 shares in Okta (OKTA) for $10,107,672. Following the Form 4 filing with the SEC, McKinnon has control over a total of 38,484 Class A common shares of the company, with 38,484 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1660134/000170062626000006/xslF345X05/wk-form4_1783717251.xml
Eric Robert Kelleher, President and Chief Operating Officer, on June 18, 2026, sold 3,977 shares in Okta (OKTA) for $453,770. Following the Form 4 filing with the SEC, Kelleher has control over a total of 19,618 Class A common shares of the company, with 19,618 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1660134/000205365226000007/xslF345X05/wk-form4_1782248296.xml
Brett Tighe, Chief Financial Officer, on June 08, 2026, sold 65,000 shares in Okta (OKTA) for $7,621,285. Following the Form 4 filing with the SEC, Tighe has control over a total of 120,930 Class A common shares of the company, with 119,680 shares held directly and 1,250 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1660134/000186508426000005/xslF345X05/wk-form4_1781126217.xml
Larissa Schwartz, Chief Legal Officer and Corporate Secretary, on June 02, 2026, sold 24,971 shares in Okta (OKTA) for $3,349,398. Following the Form 4 filing with the SEC, Schwartz has control over a total of 23,477 Class A common shares of the company, with 23,477 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1660134/000196812526000009/xslF345X05/wk-form4_1780609640.xml
Okta (OKTA) has an average rating of overweight and mean price target of $118.45, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $129.54, Change: $-10.25, Percent Change: -7.33%
Okta (OKTA) shares rose 13% in Monday trading after Macquarie raised its price target on the stock to $120 from $100 and maintained its outperform rating.Intraday volume topped 5.48 million shares versus the daily average of almost 3.95 million.Price: $139.59, Change: $+16.32, Percent Change: +13.24%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our target price from $91 to $143 on a forward P/E of 37x our FY 27 (Jan.) EPS projection of $3.86, above its one-year average. We lift our FY 27 EPS estimate to $3.86 from $3.81 and our FY 28 EPS view to $4.26 from $4.22. OKTA reported solid Q1 FY 27 results, with revenue of $767M growing 12% Y/Y, driven by strength in large enterprises and newer product contributions. Large customers (>$100K ACV) now represent 85% of ACV, up from 80% previously, while customers with >$1M ACV grew meaningfully, reflecting successful focus on the enterprise segment. Management highlighted strong interest for Agentic Security solutions as organizations ramp Agentic use. While we are still early in monetization, we note a robust pipeline for Okta for AI agents and Auth0 for AI agents, and we expect AI-driven solutions to lift deal sizes and acceleration transactions ahead. Non-GAAP operating margin of 25% declined 200 bps Y/Y as the company expands growth investments.
Okta (OKTA) reported a strong fiscal Q1 with outperformanceacross the board and a guidance raise, RBC Capital Markets said in a Friday note."Momentum is building for both new products and a GTM perspective with specialization and capacity increase benefits both yielding results," the report said.Based on accelerating current remaining performance obligation growth, additional upside to fiscal 2027 estimates seems likely given strong execution and positive demand signals, it said.The note also said early traction with agentic security remains encouraging and could represent a source of upside.RBC maintained its outperform rating and raised its price target to $122 from $108 on higher estimates.Price: $120.31, Change: $+25.59, Percent Change: +27.02%
Okta's (OKTA) new product traction is an encouraging sign, while artificial intelligence-related agent identity products offer additional upside catalyst through 2026, Morgan Stanley said in a Friday research report.The company has an opportunity over the coming years to address the agentic visibility challenge and position itself as the enterprise "identity system of record" for AI agents, analysts wrote.Q1 beat across key metrics offer the company a solid starting point with an attractive setup, according to the note.The brokerage said it reiterated its overweight rating on the stock and boosted its price target to $115 per share from $101.Price: $116.07, Change: $+21.35, Percent Change: +22.54%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:OKTA delivered solid Q1 FY 27 results, with non-GAAP EPS of $0.91 beating consensus by $0.06 and total revenue of $765M growing 11% Y/Y, exceeding expectations by $13.2M. Subscription revenue of $750M also grew 11% Y/Y, while key metrics showed healthy momentum as cRPO grew 12% Y/Y to $2.499B with sequential acceleration of 40 bps, and total RPO increased 16% Y/Y to $4.719B. We believe go-to-market specialization initiatives are driving tangible results, including continued strength with large enterprises and improved sales productivity. Management raised FY 27 guidance, lifting full-year revenue projections to $3.185-$3.205B and non-GAAP EPS to $3.79-$3.87, both above Street estimates. We think OKTA's outlook reflects strengthening demand as identity security solutions become critical protection capabilities. The company demonstrated strong cash generation with operating cash flow of $277M (36% margin) and free cash flow of $271M (35% margin).
Okta (OKTA) has an average rating of overweight and mean price target of $100.72, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Okta (OKTA) shows potential to deliver about 1% to 2% upside to fiscal Q1 revenue estimate of $752 million as partner checks indicate improving momentum through the quarter and an uptick in performance versus plan, Oppenheimer said in a note Tuesday.The brokerage said its checks were "solid," with several partners describing Okta as their first or second best performing vendor versus plan and highlighting deal wins against Ping and ForgeRock while growing their practice 10% to mid-teens range year-on-year.Okta for AI Agents, which entered general availability end of April, is viewed as an emerging catalyst for H2 and fiscal 2028, analysts said, adding that their checks showed a number of deals already in the pipeline.The brokerage said it has "incremental confidence" in the company's go-to-market efforts and expects fiscal Q1 to benefit from a stable foundation and specialized sales reps focused on the largest enterprise cohort.Okta is scheduled to report its fiscal Q1 results on May 28.Oppenheimer maintained its outperform rating on the stock and a $110 price target.Price: $87.85, Change: $+0.81, Percent Change: +0.93%
David Schellhase, Director, on April 16, 2026, executed a purchase for 3,712 shares in Okta (OKTA) for $267,408. Following the Form 4 filing with the SEC, Schellhase has control over a total of 3,712 Class A common shares of the company, with 3,712 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1660134/000129473526000001/xslF345X05/wk-form4_1776719332.xml
Tech stocks were mixed late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) fractionally lower and the State Street SPDR S&P Semiconductor ETF (XSD) rising 2.1%.The Philadelphia Semiconductor index increased 0.3%.In corporate news, Okta (OKTA) shares gained 4.8% after Barclays upgraded the stock to overweight from equalweight with a price target of $85 per share.Alphabet's (GOOGL) Google has built a strike team of engineers and researchers to enhance its AI coding models, The Information reported. Alphabet was down 1.2%.Google is negotiating with Marvell Technology (MRVL) to develop two new processors optimized for AI inference tasks, The Information reported. Marvell shares climbed nearly 7%.Meta Platforms (META) plans to initiate its planned layoffs for this year on May 20, and more cuts are expected later, Reuters reported. Meta shares fell 2.5%.
Tech stocks were mixed late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) fractionally lower and the State Street SPDR S&P Semiconductor ETF (XSD) rising 2%.The Philadelphia Semiconductor index increased 0.4%.In corporate news, Okta (OKTA) shares gained 4.5% after Barclays upgraded the stock to overweight from equalweight with a price target of $85 per share.
Okta (OKTA) shares rose 5.7% on Monday after Barclays upgraded the stock to overweight from equalweight with a price target of $85 per share.Trading volume stood at over 3 million shares compared with a daily average of close to 3.7 million.Price: $76.48, Change: $+4.23, Percent Change: +5.85%
Okta (OKTA) has an average rating of overweight and mean price target of $100.58, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Okta (OKTA) shares were up over 6% in afternoon trading on Thursday after Raymond James upgraded the company's stock to outperform from market perform.Trading volume stood at over 3.5 million shares against a daily average of about 3.6 million.Price: $71.51, Change: $+4.16, Percent Change: +6.18%
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