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OKTA
Benzinga
84 days

Top Wall Street Forecasters Revamp Okta Expectations Ahead Of Q1 Earnings

1. Okta to release Q1 earnings after market close on May 27. 2. Analysts expect earnings per share to rise to 77 cents. 3. Forecasted revenue is $680.08 million, up from $617 million. 4. Okta will replace Berry Global in the S&P MidCap 400 index. 5. Multiple analysts raised price targets for OKTA shares recently.

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FAQ

Why Bullish?

Analysts' improved earnings expectations and price targets suggest positive sentiment. Historical trends indicate upward price movement post-earnings beats.

How important is it?

Analysts' upgraded price targets and earnings revisions are significant drivers for OKTA's valuation.

Why Short Term?

Q1 earnings release is imminent, likely affecting short-term stock movement. Immediate reactions to earnings often influence stock price significantly.

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