Okta (OKTA) Shares Down 4% Despite Q2 Beat/Raise

Okta, Inc (OKTA) PT Raised to $293 at BMO Capital

BMO 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

Needham & 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

Mizuho 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

Stifel 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

Shares 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, Inc. (OKTA) Tops Q2 EPS by 24c

Okta, Inc. (NASDAQ: OKTA) reported Q2 EPS of ($0.11), $0.24 better than the analyst estimate of ($0.35). Revenue 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... More