Okta, Inc. (OKTA) Tops Q2 EPS by 24c
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Okta, Inc (OKTA) PT Raised to $293 at BMO Capital
September 2, 2021 8:18 AM EDTBMO Capital analyst Keith Bachman raised the price target on Okta, Inc (NASDAQ: OKTA) to $293.00 (from $265.00) while maintaining an Outperform rating following earnings.
The analyst commented, "Our general take is that Okta had reasonable results in its first quarter as a combined company with... More
Needham & Company Upgrades Okta, Inc (OKTA) to Buy
September 2, 2021 7:17 AM EDTNeedham & Company analyst Alex Henderson upgraded Okta, Inc (NASDAQ: OKTA) from Hold to Buy with a price target of $320.00.
The analyst commented, "We are surprised OKTA edged lower on the print as results were solidly better than Street forecasts at core... More
Okta, Inc (OKTA) PT Raised to $290 at Mizuho Securities
September 2, 2021 6:36 AM EDTMizuho Securities analyst Gregg Moskowitz raised the price target on Okta, Inc (NASDAQ: OKTA) to $290.00 (from $275.00) while maintaining a Neutral rating.
The analyst commented, "OKTA reported a good F2Q, as organic billings growth of 47% Y/Y meaningfully beat our +38% forecast. In... More
Okta, Inc (OKTA) PT Raised to $270 at Stifel
September 2, 2021 6:34 AM EDTStifel analyst Adam Borg raised the price target on Okta, Inc (NASDAQ: OKTA) to $270.00 (from $260.00) while maintaining a Hold rating following earnings.
The analyst commented, "Okta delivered a solid F2Q22, with all key metrics above guidance and/or Stifel/street estimates given... More
Okta (OKTA) Falls Despite Topping Q2 Estimates for Profit, Sales, and Guidance, Prompting Wall St. Upgrade
September 2, 2021 5:15 AM EDTShares of Okta (NASDAQ: OKTA) are down over 2.5% in pre-open Thursday despite the better-than-expected Q2 results delivered by the California-based company. The downside move promoted and upgrade on Wall Street.
Okta reported an EPS loss of $0.11, which was much better than a loss of $0.35 expected from the market analysts. Sales for the quarter came in at $316 million versus the consensus estimate of $296.23 million.
"In our first quarter as a combined company with Auth0, we're off to a fantastic start. Execution remained sharp with strong demand for Okta's workforce and customer identity solutions,... More
Okta (OKTA) Shares Down 4% Despite Q2 Beat/Raise
September 1, 2021 4:37 PM EDTOkta, Inc. (NASDAQ: OKTA) shares were trading around 4% lower after-hours, despite the company posted Q2 beat/raise, driven by strong demand for the companys workforce and customer identity solutions and Auth0's developer-centric identity solutions (note, this is the first quarter as a... More
