What's Next For OKTA Stock?
1. Okta's stock declined 13% post-Q1 earnings despite beating expectations. 2. Q1 revenue grew 12% to $688 million, driven by subscription services. 3. Guidance adjusting for economic risks caused investor disappointment. 4. Valuation at 8x trailing revenues, indicating potential for growth. 5. Historical weakness during downturns raises concerns about stock resilience.