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OKTA
Benzinga
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These Analysts Revise Their Forecasts On Okta After Upbeat Q2 Earnings

1. Okta reported second-quarter revenue of $728 million, beating expectations. 2. Second-quarter earnings were 91 cents per share, exceeding estimates. 3. FY26 revenue guidance raised to $2.875-$2.885 billion from prior $2.85-$2.86 billion. 4. Analysts adjusted price targets post-earnings, generally maintaining ratings. 5. Shares rose 2.5% to $93.82 following the announcement.

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FAQ

Why Bullish?

Okta's revenue and earnings beat expectations, indicating strong performance. Historical trends show that such beats typically drive stock performance upward.

How important is it?

The article discusses Okta's robust performance metrics, which are directly relevant to price movements.

Why Short Term?

The positive earnings report and raised guidance likely lead to immediate investor interest. Such reports usually stimulate short-term price actions.

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