Customers with more than $100K in Annual Contract Value (ACV) increased 12% year over year to 4,550. OKTA added 400 new customers in the reported quarter, out of which 160 customers were in the $100K-plus ACV category. Cloud Native Application Protection Platforms, provided by the likes of CrowdStrike (CRWD) and Palo Alto Networks, witnessed the greatest year-over-year growth of 31.5%, followed by Identity and Access Management (IAM) at 21.4%. OKTA's revenues are expected to witness a CAGR of 25% between fi ...

The cloud identity management company's stock has climbed by 0.8% in the past month, exceeding the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 1.16%. Investors should also pay attention to any latest changes in analyst estimates for Okta. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Looking at valuation, Okta is presently ...

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movemen ...

Heading into today, shares of the cloud identity management company had gained 8.55% over the past month, outpacing the Computer and Technology sector's loss of 3.88% and the S&P 500's gain of 1.08% in that time. For the full year, the Zacks Consensus Estimates project earnings of $2.40 per share and a revenue of $2.53 billion, demonstrating changes of +50% and +11.91%, respectively, from the preceding year. Based on our research, we believe these estimate revisions are directly related to near-team stock m ...

The the stock of cloud identity management company has risen by 3.92% in the past month, lagging the Computer and Technology sector's gain of 9.48% and the S&P 500's gain of 5.11%. Investors should also take note of any recent adjustments to analyst estimates for Okta. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. In terms of valuation, Okta i ...

da-kuk/E+ via Getty Images Introduction & Investment Thesis Okta (NASDAQ:OKTA) is a cloud-based identity and access management company that has underperformed the S&P 500 and Nasdaq 100 YTD. I had last written about the company on April 23 and had rated the stock a "buy". My thesis was predicated on my belief that the company should be able to reignite growth back into the business as it realigns its sales team and leverages its partner ecosystem to drive customer acquisition and expansion efforts, along wi ...

FY25 Q1 Presentation OKTA saw current remaining performance obligations grow 15% YoY to $1.949 billion, surpassing guidance for 13% growth. That strong result may indicate that revenue growth should remain in the double-digits at least in the near term. RPO Up 14% Y/Y; Current RPO Up 15% Y/Y ($ in millions) $3,073 $3,027 $3,007 $2,942 $2,853 $2,790 $2,710 $1,952 $1,826 $1,772 $1,701 $1,684 $1,579 $1,497 $1,413 Q1 FY24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q2 FY24 Q3 FY24 Q4 FY24 ■ Current RPO ■ Non-Current RPO Qu ...

Okta (OKTA) is benefiting from an expanding clientele driven by the strong adoption of its Identity Threat Protection solution. It exited the first quarter of fiscal 2025 with the total customer count increasing 6% year over year to 19,100. Okta's expanding user base has been a key catalyst. It is protecting customers by blocking more than 2 billion security attacks a month, and expects these numbers to grow. However, the current level at which Okta shares are trading doesn't reflect these positive factors ...

会议主要讨论的核心内容 - Okta 是一家提供身份管理和安全解决方案的公司,主要业务包括员工身份管理和客户身份管理 [3] - 公司今年预计收入超过 25 亿美元,增长约 12%,但这只是公司 800 亿美元总地址市场的初期阶段 [4] - 公司产品主要通过云端交付,同时也提供单租户和混合部署选项 [5] - 公司今年预计非 GAAP 经营利润率约 19%-20%,自由现金流率约 22% [5] 问答环节重要的提问和回答 问题1 **宏观环境和预算** - 宏观环境对公司构成一定压力,主要体现在新客户获取更加困难,大部分业务增长来自现有客户的扩展和交叉销售 [7][8][9] - 企业客户相比中小企业更能承受当前环境,公共部门客户也表现较好 [9] - 人工智能对安全预算并未产生明显影响,安全仍是高优先级 [10] 问题2 **增长动力** - 公司正在通过新产品、合作伙伴拓展、销售模式优化等三大举措来重新点燃增长 [12][13][14][15][16] - 其中AWS云服务合作是一个亮点,过去一年ACV增长130%达1.75亿美元 [13] - 公司正在加强与云服务商和系统集成商的合作关系,以拓展新客户和提升交叉销售 [13][14] 问题3 **客户身份管理业务** - 客户身份管理是一个新兴市场,公司需要教育市场客户应该购买而非自建 [33][34][36][37] - 开发者是一个重要目标客户群,公司通过免费或低价的自助服务产品获取他们 [34][35] - 公司正在加强与合作伙伴的关系,帮助他们开发基于身份的应用服务 [38][39][40][41] 问题4 **新产品进展** - 公司新推出的治理(IGA)和特权访问管理(PAM)产品进展良好,正在成为公司身份管理平台的三大支柱之一 [43][44][45] - 这些新产品有助于提升客户的投资回报,长期有望推动公司的净留存率 [46][47] 问题5 **安全事件影响** - 公司去年经历了一起安全事件,但尚未在财务数据中看到明显的负面影响 [55][56] - 公司正在采取多项措施提升自身和产品的安全性,并在公共部门业务中获得一些进展 [57][58]

Therefore, the Zacks rating upgrade for Okta basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. Most Powerful Force Impacting Stock Prices Okta (OKTA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a compan ...