To conclude, The stock of Okta (NAS:OKTA, 30-year Financials) is believed to be modestly overvalued. The company’s financial condition is poor and its profitability is poor. Its growth ranks worse than 68% of the companies in Software industry.
Similarly, Will Okta stock go up?
Stock Price Forecast
The 24 analysts offering 12-month price forecasts for Okta Inc have a median target of 215.00, with a high estimate of 270.00 and a low estimate of 170.00. The median estimate represents a +49.84% increase from the last price of 143.49.
Is Okta profitable? Okta isn’t currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth.
Thereof, Is zscaler overpriced?
Overall, the stock of Zscaler (NAS:ZS, 30-year Financials)is estimated to be significantly overvalued. The company’s financial condition is poor and its profitability is poor. Its growth ranks in the bottom 10% of the companies in Software industry.
How to buy Okta stock?
How to buy shares in Okta
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. …
- Purchase now or later. …
- Check in on your investment.
Is Okta a us company?
Okta, Inc. San Francisco, California, U.S. Okta, Inc. is an American publicly traded identity and access management company based in San Francisco.
Is CrowdStrike a buy?
Solid Rank & Growth Score: CrowdStrike currently carries a Zacks Rank #2 (Buy) and has a Growth Score of A. Our research shows that stocks with a Growth Score of A or B, when combined with a Zacks Rank #1 (Strong Buy) or #2, offer the best investment opportunities for investors.
Is Okta losing money?
For the full year, Okta’s net loss totaled $5.73 per share, nearly triple the $2.09 per share lost in fiscal 2021.
Why is Okta stock down today?
Okta (NASDAQ:OKTA) stock is trending lower today following reports that the identity and access management company has suffered a cyberattack.
Does Zscaler slow down internet?
We have been noticing that Internet Speed of some end-users is reducing drastically post installing Zscaler Client Connectors. If the ISP speed is 100 MBPS, user is getting just around 2-5 MBPS when performing a speedtest. If we remove the ZCC from the system, then again Internet speed is normal (80-100 MBPS).
Is Zscaler used to spy on employees?
The Zscaler service does not record or store personal data when you browse the internet. The service only inspects your internet traffic for threats when you are connected to your corporate network or when Z App is enabled.
Why is Zscaler good?
Zscaler provides fast, secure, reliable access to information no matter where it lives. Our cloud-native security platform enables the world’s leading organizations to securely transform their networks and applications for a mobile and cloud-first world.
Is Okta a hold?
– Hold. Zacks’ proprietary data indicates that Okta, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the OKTA shares relative to the market in the next few months.
Who owns Okta Inc?
It has been quite a decade for Frederic Kerrest. In 2009, he co-founded Okta after a long and productive stint at Salesforce. Since then, the company has gone from two to 1,300 employees, and has gone public.
Who makes Okta?
Todd McKinnon is the CEO and co-founder of Okta, the leading provider of enterprise identity, which he co-founded in 2009 with Frederic Kerrest.
What companies are using Okta?
Sentry, Zoom, Bugsnag, PagerDuty, and BigCommerce are some of the popular tools that integrate with Okta.
…
62 companies reportedly use Okta in their tech stacks, including LinkedIn, Typeform, and Hubspot.
- LinkedIn.
- Typeform.
- Hubspot.
- Yousign.
- Groupon.com.
- TravelPerk.
- Okta.
- Better.
How much to buy CrowdStrike stock?
How to buy CrowdStrike stock – (NASDAQ: CRWD) stock price $229.03 | finder.com.
Is CrowdStrike stock overvalued?
They’re even used in venture capital acquisitions at times. Even after losing a third of its value, CRWD stock remains insanely overvalued based on the generally accepted thresholds of these two ratios. Shares are trading at nearly 35 times sales and 86 times cash flow.
Is SentinelOne better than CrowdStrike?
Across four major customer rating and review sites, SentinelOne receives an average rating of 4.6 out of 5. SentinelOne scores higher than Crowdstrike in customer ratings by less than 0.1.
Why is Okta not profitable?
This is likely due to several factors. First, the Federal Reserve has signaled that interest rate hikes may come sooner than previously expected. This has caused a downturn in growth stocks. Next, while revenue growth appears strong, it is coming through acquisitions, and not strictly organically.
What’s happening with Okta?
Okta reported a sparkling set of earnings for its fiscal year 2022 ended Jan. 31, 2022. Total revenue surged by 56% year over year to $1.3 billion, with subscription revenue climbing 57% year over year to $1.25 billion.
What happened Okta?
What happened. Early this morning, Reuters reported that cloud-based cybersecurity company Okta ( OKTA 4.81% ) was hacked by the now-infamous Lapsus ransomware group (aka « LAPSUS$ » aka « LAPSU$ »). Okta investors are understandably upset, and shares of the company’s stock are down 4.1% as of 10:50 a.m. EDT.
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