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Okta ( (OKTA) ) just unveiled an announcement.
On August 26, 2025, Okta announced its financial results for the second quarter of fiscal year 2026, highlighting a 13% year-over-year revenue growth and a 12% increase in subscription revenue. The company reported significant improvements in operating cash flow and net income, reflecting strong product adoption and performance in the public sector. Additionally, Okta has reached a preliminary settlement in ongoing stockholder derivative litigation, with a final approval hearing scheduled for October 24, 2025.
The most recent analyst rating on (OKTA) stock is a Buy with a $119.00 price target. To see the full list of analyst forecasts on Okta stock, see the OKTA Stock Forecast page.
Spark’s Take on OKTA Stock
According to Spark, TipRanks’ AI Analyst, OKTA is a Neutral.
Okta’s overall stock score is driven by strong financial performance and positive earnings call insights, highlighting record profitability and strategic growth initiatives. However, technical analysis and valuation concerns, such as high P/E ratio and weak momentum indicators, weigh down the score. Continued focus on profitability and market conditions will be crucial for future performance.
To see Spark’s full report on OKTA stock, click here.
More about Okta
Okta, Inc. is a leading independent identity partner that provides a unified identity platform. The company’s primary services focus on identity management solutions for global organizations and government agencies, emphasizing security and innovation.
Average Trading Volume: 3,943,418
Technical Sentiment Signal: Sell
Current Market Cap: $15.99B
For a thorough assessment of OKTA stock, go to TipRanks’ Stock Analysis page.