Okta Plunges 27% in 3 Months: Buy, Sell or Hold the Stock?
Key Takeaways Okta shares fell 27.2% in three months, underperforming the sector and industry peers.OKTA projects FY26 revenues of 2.86B and EPS of 3.28, up 16.7% year over year.Okta expands AI-driven identity tools and partnerships while ending Q1 FY26 with $2.73B in cash.Okta (OKTA) shares have declined 27.2% in the past three months, underperforming the Zacks Computer and Technology sector’s return of 15.4% and the Zacks Security industry’s fall of 8.5%. The plunge in Okta’s shares c ...