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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.
Palantir Technologies ' (NYSE: PLTR) stock price has rallied about 50% this year as the data analytics company dazzled the bulls with its accelerating revenue growth and soaring profits. Its ...
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]
The share price of BuzzFeed, a digital media company unrelated to AI, increased 120% after announcing OpenAI technology adoption for content creation. Reuters found that share prices of AI-related companies BigBear.ai and SoundHound AI increased by 21% and 40%, respectively, even though they had no direct connection to ChatGPT.
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 ...
As long as you're using a very small portion of your trading account, respecting your stop-losses, and able to handle the risks involved, it might be okay to bet on a lesser-known investment like ...
Okta. Scale of cloud cover measured in oktas (eighths) with the meteorological symbol for each okta. In meteorology, an okta is a unit of measurement used to describe the amount of cloud cover at any given location such as a weather station. Sky conditions are estimated in terms of how many eighths of the sky are covered in cloud, ranging from ...