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Okta Value Stock - Dividend - Research Selection

Okta

ISIN: US6792951054 , WKN: A2DNKR

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Internet


Description of the company

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials; Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user\'s identity throughout its lifecycle; and API Access Management that enables organizations to secure APIs.It also offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California.

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NEWS


3 Reasons to Avoid OKTA and 1 Stock to Buy Instead

2026-06-18
Over the past six months, Okta has been a great trade, beating the S&P 500 by 15.3%. Its stock price has climbed to $113.87, representing a healthy 26.2% increase. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Radiant Logic Names Identity Industry Veteran Eric Neal Chief Revenue Officer

2026-06-17
SAN RAFAEL, Calif., June 17, 2026--Radiant Logic, a pioneer of the Identity Data Fabric and a leader in Identity Visibility and Intelligence Platforms (IVIP), today announced the appointment of Eric Neal as Chief Revenue Officer (CRO). Neal brings more than two decades of enterprise software and identity security sales leadership experience, having held senior revenue roles at some of the industry’s most influential identity companies, including Okta, Saviynt, Omada, and most recently IDMWORKS.

Stocks Indexes Finish Mostly Lower as Chipmakers Retreat

2026-06-16
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.57%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.89%. June E-mini S&P futures (ESM26 ) fell -0.60%, and June E-mini Nasdaq futures...

Okta’s AI Moment May Be Bigger Than Investors Realize

2026-06-16
Okta's Q1 release reveals AI disruption fears were overblown and demand remains strong—agentic AI drives accelerating need for ID security.

Broader Market Weakens as Energy and Software Stocks Fall

2026-06-16
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...

Okta Rises 37% YTD: Is There More Room for the Stock to Jump?

2026-06-16
OKTA's newer identity and AI offerings are boosting bookings and deal sizes, but competition and AI monetization hurdles keep the stock a hold.

OKTA Rides on Strong Subscription Revenue Growth: More Upside Ahead?

2026-06-15
OKTA posts 11% revenues and subscription growth, driven by enterprise demand, expanding product mix and rising backlog visibility.

1 Cash-Heavy Stock with Impressive Fundamentals and 2 We Ignore

2026-06-15
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.

How Investors May Respond To Okta (OKTA) Elevating AI Identity Security In Its Product Pipeline

2026-06-14
In early June 2026, Okta reported 11% year-over-year revenue growth driven by its subscription business, improving operating margins to 7%, and highlighted that AI agent deals and new products now represent a meaningful share of bookings and its largest-ever product pipeline. An important takeaway from this update is how AI-driven identity offerings are quickly becoming a core engine of Okta’s business mix, shifting the company further toward higher-value, software-based security solutions...

Is Trending Stock Okta, Inc. (OKTA) a Buy Now?

2026-06-12
Recently, Zacks.com users have been paying close attention to Okta (OKTA). This makes it worthwhile to examine what the stock has in store.