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A beat-and-raise quarter. Okta's overall revenue climbed 19% year over year in Q1 to $617 million, while subscription revenue jumped 20% to $603 million. Adjusted earnings per share (EPS) soared ...
The stock trades at a P/E of 29.4, so it's cheaper than the AI leaders on average. The company grew its earnings by 27% in 2023, and Wall Street expects growth to remain above 20% in 2024.
Okta (NASDAQ:OKTA) has had an impressive run, with Okta stock trading under the radar as a cloud play, and cloud stocks are on fire. There's no other way to put it.As the global enterprise world ...
Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, website, web services, and devices. [3]
It holds 85 different stocks, but it's heavily weighted to its top 10 holdings, which account for 36.5% of the total value of its portfolio. That list includes most of the leading AI stocks ...
See also. List of countries by stock market capitalization. World map of stock market capitalization by country. ≥ $5 trillion. $2 trillion–$5 trillion. $1 trillion–$2 trillion. $750 billion–$1 trillion. $500 billion–$750 billion. $250 billion–$500 billion.
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In the latest trading session, Okta (OKTA) closed at $116.24, marking a +1.46% move from the previous day.