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Okta Shares Rise 17% Year to Date: Buy, Sell or Hold the Stock?
ZACKS· 2025-09-13 00:16
Key Takeaways Okta shares are up 16.7% YTD but lag the Computer and Technology sector's 18.2% return. Revenues rose 12.7% to $728M in Q2, with large customers and U.S. public sector deals driving growth. Okta expects FY26 revenues to increase 10-11% compared with 15% reported in FY25. Okta (OKTA) shares have appreciated 16.7% year to date (YTD), underperforming the Zacks Computer and Technology sector’s return of 18.2%. Okta’s shares can be attributed to slowing federal business, a challenging macroeconomic ...