Okta Named a Leader in 2024 Gartner® Magic Quadrant™ for Access Management for Eighth Consecutive Year

$OKTA
Computer Software: Prepackaged Software
Technology
Get the next $OKTA alert in real time by email

Okta was recognized for its ability to execute and completeness of vision

Okta, Inc. (NASDAQ:OKTA), the leading independent Identity partner, today announced that it has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year. A complimentary version of the full report can be found here.

Gartner defines access management (AM) as tools that include authentication and single sign-on (SSO) capabilities, and that establish, manage and enforce runtime access controls for modern standards-based and classic web applications and APIs. The report evaluated 10 vendors on 15 criteria and placed Okta in the Leaders Quadrant.

"The stakes have never been higher for identity, and being recognized by Gartner for another year is a testament to our commitment to securing identity for our 19,450 customers," said Todd McKinnon, CEO and Co-Founder, Okta. "As the entry point to companies' infrastructure and consumers' most important data, identity is a critical pillar of security, and we value Gartner insights that help the industry in the fight against identity-based attacks."

For over 15 years, Okta has delivered the modern Workforce and Customer Identity and Access Management solutions organizations want to secure their businesses and their customers. The Okta Identity Platform delivers identity solutions that are designed and built for ease of use, neutrality, customizability, and reliability, enabling customers to innovate freely, enhance operational excellence, and build lasting relationships.

For more information on the overall Gartner Magic Quadrant evaluation, please visit the Okta blog.

Earlier this year, Okta was also recognized in the 2024 Gartner® Peer Insights™ ‘Voice of the Customer': Access Management that recognizes vendors based on customer reviews. Okta is the only vendor to be recognized as a Customers' Choice for Access Management for the 6th consecutive time.

Okta recently shared its new vision for identity at its 12th annual Oktane event, including innovations such as Auth for GenAI to secure identity in GenAI applications, as well as Secure SaaS Service Accounts, Governance Analyzer, and Out-of-the-box Integrations for Identity Verification to help protect business before, during, and after authentication.

*Gartner, Magic Quadrant for Access Management, Brian Guthrie, Abhyuday Data, Nathan Harris December 2, 2024. Gartner, Voice of the Customer for Access Management, Peer Contributors, 25 April 2024. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

About Okta

Okta is the World's Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation, thanks to customizable solutions and more than 7,000 pre-built integrations. We're building a world where Identity belongs to you. Learn more at okta.com.

Get the next $OKTA alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Q&A

New
  • What recognition has Okta received in the 2024 Gartner Magic Quadrant?

    Okta was recognized as a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year, reflecting its strong execution and comprehensive vision in the identity management space.

  • How does Gartner define access management, and how was Okta evaluated?

    Gartner defines access management as tools that include authentication and SSO capabilities, which manage and enforce access controls for web applications and APIs. Okta was evaluated alongside 10 vendors based on 15 criteria and placed in the Leaders Quadrant.

  • What did Okta's CEO comment about the significance of Gartner's recognition?

    Todd McKinnon, CEO and Co-Founder of Okta, expressed that this recognition signifies their ongoing commitment to securing identity for their nearly 19,500 customers and is crucial in combating identity-based attacks.

  • What new innovations did Okta showcase at its Oktane event?

    Okta has introduced innovations at its recent Oktane event, including solutions for securing identity in Generative AI applications, governance analysis, and integrations for identity verification.

  • What other recognition did Okta receive earlier this year related to customer feedback?

    Earlier this year, Okta was also recognized in the 2024 Gartner Peer Insights as the only vendor acknowledged as a Customers' Choice for Access Management for the sixth consecutive time, indicating strong customer approval.

Recent Analyst Ratings for
$OKTA

DatePrice TargetRatingAnalyst
1/17/2025$95.00 → $100.00Neutral
Citigroup
12/19/2024$115.00Sector Weight → Overweight
KeyBanc Capital Markets
12/16/2024$100.00Neutral → Overweight
Analyst
12/5/2024$123.00 → $129.00Mkt Perform → Outperform
Bernstein
12/4/2024$85.00 → $100.00Hold
Jefferies
12/4/2024$81.00 → $96.00Equal Weight
Barclays
12/4/2024$116.00 → $123.00Mkt Perform
Bernstein
12/4/2024$85.00 → $90.00Neutral
Piper Sandler
More analyst ratings

$OKTA
Press Releases

Fastest customizable press release news feed in the world

See more
  • Okta Named a Leader in 2024 Gartner® Magic Quadrant™ for Access Management for Eighth Consecutive Year

    Okta was recognized for its ability to execute and completeness of vision Okta, Inc. (NASDAQ:OKTA), the leading independent Identity partner, today announced that it has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year. A complimentary version of the full report can be found here. Gartner defines access management (AM) as tools that include authentication and single sign-on (SSO) capabilities, and that establish, manage and enforce runtime access controls for modern standards-based and classic web applications and APIs. The report evaluated 10 vendors on 15 criteria and placed Okta in the Leaders Quadrant. "The stakes

    $OKTA
    Computer Software: Prepackaged Software
    Technology
  • Okta Announces Kickoff of Identity 25 Nominations

    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
    Computer Software: Prepackaged Software
    Technology
  • Okta to Announce Third Quarter Fiscal Year 2025 Financial Results on December 3, 2024

    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

    $OKTA
    Computer Software: Prepackaged Software
    Technology

$OKTA
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$OKTA
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$OKTA
SEC Filings

See more

$OKTA
Leadership Updates

Live Leadership Updates

See more
  • Okta Announces Finalists for SaaS Startup Competition to Build Identity Security Applications

    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 (

    $OKTA
    Computer Software: Prepackaged Software
    Technology
  • HiHello Welcomes Industry Leaders Shana Simmons and Eugenio Pace to Board of Directors

    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

    $GOOG
    $OKTA
    Computer Software: Programming Data Processing
    Technology
    Computer Software: Prepackaged Software
  • Lineage Announces Appointment of New Board Member

    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

    $JWN
    $OKTA
    $ROP
    $VZ
    Clothing/Shoe/Accessory Stores
    Consumer Discretionary
    Computer Software: Prepackaged Software
    Technology

$OKTA
Financials

Live finance-specific insights

See more
  • Okta to Host Investor Day Webcast

    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

    $OKTA
    Computer Software: Prepackaged Software
    Technology
  • Okta Announces Strong Fourth Quarter And Fiscal Year 2022 Results

    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

    $OKTA
    Computer Software: Prepackaged Software
    Technology
  • Okta Announces Strong Third Quarter Results

    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

    $OKTA
    Computer Software: Prepackaged Software
    Technology

$OKTA
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more