Okta Stock News

OKTA has continued to report robust performance metrics across growing multi-year RPO and adj subscription gross margin, with it implying the growing customer demand and its excellent pricing power. If anything, the cybersecurity company has reported an impressive 3Y CAGR of +70.9% in the $1M+ Annual Contract Value customers, from $200M in FQ4'22 to $1B in FQ3'25. Combined with the "hundreds of...

Cybersecurity is becoming an increasing part of enterprise operations.

This cybersecurity company is growing in all the right places.

Cybersecurity stocks could be a safe bet for investors in 2025 but one AI player in particular may be fraught with danger, according to KeyBanc.

Okta stock has underperformed the market recently as it struggled to replicate its early 2024 momentum. Okta has revised its go-to-market strategies to target enterprise and government customers. While the recent gains are constructive, the market is likely awaiting more developments to validate its approach.

I maintain a buy rating for Okta stock due to strong operational metrics, improved growth outlook, and successful partner-led strategy. 3Q25 earnings exceeded expectations with 14% y/y revenue growth and improved EBIT margins, leading to an upward revision of FY25 guidance. New products and partners-led GTM strategy should continue to drive growth.

Okta (OKTA 1.53%) shares were trading higher after the cybersecurity company reported solid fiscal third-quarter results and increased its guidance. However, the stock still finds itself lower on the year, down about 5% as of this writing.

Okta's Q3 FY25 earnings beat revenue and earnings projections, with a 14% YoY revenue growth and 600 basis point margin expansion, along with significant cRPO outperformance, boosting investor confidence. The company's enterprise penetration is accelerating with the help of its robust partner ecosystem and innovative product roadmap, leading to a growing number of $100K+ and $1M+ ACV customers....