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Following the recent plunge in its share price, Okta now trades at a forward price-to-sales (P/S) ratio of less than 5. This is well below that of many of its cybersecurity peers, as well as much ...
Okta’s stock price dropped more than 11% on Friday — wiping at least $2 billion off the company’s value — following news of the breach, which was first reported by security journalist ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of September 3, 2024. Jeremy Bowman has positions in Okta. The ...
Okta's fiscal 2025 second-quarter revenue increased 16% year over year to $646 million, management reported to investors last week. This was driven by a 17% year-over-year increase in its ...
And when we factor in, say, $150 million of GAAP revenue for Auth0 this year, Okta reaches more than $1.2 billion in total revenue instead of its current estimate of $1.08 billion to $1.09 billion ...
Okta had a pretty good quarter too while it was at it, announcing $234.7 million in revenue up 40% year over year, but Wall Street appears to be unhappy with the deal with the stock price down 6.9 ...
Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. [2] 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 ]
With ownership of the workforce side of the market, Okta decided to make another bold move when it acquired Auth0 for $6.5 billion during the stock market bubble that accelerated in 2020. The idea ...