Okta downgraded by Deutsche Bank with a new price target
$OKTA
Computer Software: Prepackaged Software
Technology
Deutsche Bank downgraded Okta from Buy to Hold and set a new price target of $85.00 from $115.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2024 | $81.00 | Equal Weight | Barclays |
| 11/12/2024 | $115.00 → $85.00 | Buy → Hold | Deutsche Bank |
| 10/17/2024 | $100.00 | Buy | Needham |
| 8/29/2024 | $100.00 → $103.00 | Market Perform | BMO Capital Markets |
| 8/29/2024 | $135.00 → $75.00 | Buy → Underperform | BofA Securities |
| 5/30/2024 | $102.00 → $122.00 | In-line → Outperform | Evercore ISI |
| 2/29/2024 | $135.00 | Underperform → Buy | BofA Securities |
| 1/8/2024 | $85.00 | Buy → Neutral | Mizuho |
Following the remarkable success of last year's Identity 25 report, Okta is excited to announce the launch of the 2025 Identity 25 nominations, expanding the opportunity for innovators across the identity landscape to be recognized by their peers and the public alike. The Identity 25, introduced in 2024, celebrates the achievements of leading individuals across academia, public service, private enterprise, and nonprofit organizations who are pioneering advancements in identity security, privacy, and innovation. This annual list serves as a tribute to those who create groundbreaking solutions that enhance digital identity management, safety, and user empowerment worldwide. As identity se
Okta, Inc. (NASDAQ:OKTA), the leading independent Identity partner, today announced that it will release its financial results for its third quarter fiscal year 2025 ended October 31, 2024 after the U.S. market close on Tuesday, December 3, 2024. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Event: Okta's Third Quarter Fiscal Year 2025 Financial Results Date: Tuesday, December 3, 2024 Time: 2:00 p.m. Pacific time (5:00 p.m. Eastern time) Webcast: investor.okta.com A webcast replay will be accessible from the Okta investor relations website at investor.okta.com. The press release will be accessible from the Okta inve
NetHope is proud to announce the launch of the Partner Collective for the Global Humanitarian Information Sharing and Analysis Center (Global Humanitarian ISAC) at the 2024 NetHope Global Summit. This initiative unites a powerful group of organizations that are dedicated to providing funding, expertise, tools, and technology to support the Global Humanitarian Information Sharing and Analysis Center's mission of enhancing cybersecurity for global humanitarian and conservation nonprofits. Okta and Cisco are leading this effort joined by BeyondID, the NGO-ISAC, SANS, and Slack, who will each play a vital role in delivering the necessary support for the Global Humanitarian ISAC impact. About
Announces Date of Third Quarter Fiscal Year 2023 Financial Results Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced that it will webcast the Opening Keynote of Oktane22 and Investor Day on November 9, 2022. The company also announced today that it will release its financial results for its third quarter fiscal year 2023 ended October 31, 2022 after the U.S. market close on Wednesday, November 30, 2022. Each presentation will be webcast live on the investor relations section of Okta's website at investor.okta.com. Details for each event are as follows: Event: Oktane22 Opening Keynote Date: Wednesday, November 9, 2022 Time: 9:00 a.m. Pacific time (12:00 p
Q4 revenue grew 63% year-over-year; subscription revenue grew 64% year-over-year Fiscal year 2022 revenue totaled $1.30 billion and grew 56% year-over-year; subscription revenue grew 57% year-over-year Remaining performance obligations (RPO) grew 50% year-over-year to $2.69 billion; current remaining performance obligations (cRPO) grew 60% year-over-year to $1.35 billion Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced financial results for its fourth quarter and fiscal year ended January 31, 2022. "Identity management is at the forefront of today's rapidly evolving security environment," said Todd McKinnon, Chief Executive Officer and co-founder
Q3 revenue grew 61% year-over-year; subscription revenue grew 63% year-over-year Remaining performance obligations (RPO) grew 49% year-over-year to $2.35 billion Increases revenue and operating profit outlook for fiscal 2022 Okta and Okta (Auth0) Both Named as Leaders in 2021 Gartner® Magic Quadrant™ for Access Management; Okta positioned highest in Ability to Execute Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced financial results for its third quarter ended October 31, 2021. "Our strong third quarter results reflect the continued shift to Identity-First architectures and the critical adoption of Zero Trust security environments, which are bo
U.S. cybersecurity firm Crowdstrike Holdings Inc. (NASDAQ:CRWD) is attempting to recover sharp premarket losses felt overnight and in the early hours on Friday as an update on its cloud software triggered a global tech outage. What Happened: A failed update of CrowdStrike's Falcon platform on Thursday night led to widespread disruptions in Microsoft systems, pushing critical global services such as airports, ports, financial institutions and hospitals to a standstill. The issue stemmed from a technical error in the software update, ruling out initial speculation of a hacker attack. George Kurtz, president and CEO of CrowdStrike, stated on X the company is “actively working with custome
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Barclays initiated coverage of Okta with a rating of Equal Weight and set a new price target of $81.00
Deutsche Bank downgraded Okta from Buy to Hold and set a new price target of $85.00 from $115.00 previously
Needham resumed coverage of Okta with a rating of Buy and set a new price target of $100.00
4 - Okta, Inc. (0001660134) (Issuer)
4 - Okta, Inc. (0001660134) (Issuer)
4 - Okta, Inc. (0001660134) (Issuer)
Okta, a leading identity and access management company, today announced the three finalists for its inaugural Okta SaaS Startup Competition. These finalists, selected for their innovative use of identity-enabled workflows, will pitch their solutions live at Oktane24, taking place in Las Vegas from October 15-17, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241007945016/en/ The finalists and a video highlighting their innovative solutions are shown below: Block Party (Video link) https://share.vidyard.com/watch/rc1HyzUG3WCeaQMU47RwQB RunReveal (Video link) https://share.vidyard.com/watch/9hGWaWchrsCxDj75wzKyD1 Validia (
PALO ALTO, Calif., July 18, 2024 /PRNewswire/ -- HiHello, the world's first software platform for digital brand and identity, is thrilled to announce the addition of Shana Simmons and Eugenio Pace to its Board of Directors. Their appointments bring unparalleled expertise and strategic vision to HiHello as the company continues its mission to revolutionize professional networking with an enterprise-ready platform for modern digital business cards. Shana Simmons, who recently joined Zendesk as Chief Legal Officer, brings over 15 years of experience in legal leadership and corporate governance. Prior to Zendesk, Shana served as Chief Legal Officer at Everlaw, a cloud-based e-discovery software
Shellye Archambeau brings over 30 years of expertise in technology leadership to the Lineage Board of Directors Lineage, Inc. ("Lineage"), the world's largest global temperature-controlled warehouse REIT and integrated solutions provider, today announced the appointment of Shellye Archambeau to the Board of Directors of Lineage's operating subsidiary, Lineage Logistics Holdings, LLC. Archambeau assumed her position on the board this month, bringing deep expertise as a seasoned CEO and public company board leader to her role. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423547241/en/Lineage today announced the appointment
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10-Q - Okta, Inc. (0001660134) (Filer)
8-K - Okta, Inc. (0001660134) (Filer)
8-K - Okta, Inc. (0001660134) (Filer)