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Benzinga
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Okta Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. Okta will report Q2 earnings on Aug. 26, projecting $711.84M revenue. 2. Analysts expect earnings at 85 cents per share, up from 72 cents last year. 3. Board adds David Schellhase and Mary Agnes Wilderotter on Aug. 14. 4. Shares rose 2.5% to $92.05 following recent performance. 5. Analysts' ratings fluctuate; Guggenheim maintains a Buy with a $138 target.

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FAQ

Why Bullish?

The expected increase in earnings and revenue reflects healthy growth. Historical precedent shows similar earnings beats previously boosted OKTA's stock significantly.

How important is it?

Earnings reports significantly influence stock prices, especially in tech sectors like Okta's.

Why Short Term?

The immediate earnings announcement will drive short-term market reactions.

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