Okta in the news

Okta unveiled new AI-focused identity security features and standards at Oktane 2025, emphasizing secure AI agent management and global service expansion.

Okta's Q2 CY2026 revenue and profit surpassed expectations, driven by strong core business performance and new AI security product momentum.

Stocks rallied on Thursday, driven by strong earnings reports from tech companies like Nvidia, which renewed interest in the sector.

Okta's shares jumped after strong Q2 results, boosted by increasing demand for AI identity security and a positive fiscal year forecast.

Okta's 20 largest deals in the latest quarter involved partners, driven by expanding opportunities in core identity security and emerging AI agent security, leading to exceeding financial expectations.

Palo Alto Networks CEO Nikesh Arora engaged in unsuccessful acquisition talks with Okta and Datadog before proceeding with acquisitions of CyberArk and Chronosphere, driven by the perceived impact of AI on cybersecurity.

U.S. stock futures increased after strong earnings from Nvidia, Salesforce, and Okta, with Okta's stock surging due to AI demand.

Okta's stock surged after reporting strong Q2 earnings, exceeding revenue and EPS estimates, and raising its full-year outlook, driven in part by its growing AI-agent security business.

Okta introduces Agent SSO, an identity management solution for AI agents, allowing enterprises to govern agent access to applications and data.

Okta launched Agent SSO to manage AI agent access within enterprise applications using existing identity controls, addressing security and governance gaps in AI adoption.

Investors are cautious about Okta's stock due to bearish options data, historical performance, and high valuation, despite a "Strong Buy" rating from Wall Street analysts.

Lightbits Labs integrated Okta identities into its storage clusters, while Okta's stock has seen a short-term pullback despite long-term gains and an undervalued fair value according to Simply Wall St.

Okta is preparing to report its Q2 earnings, with analysts anticipating revenue growth of 8.9% year-on-year.

Okta is expected to announce its Q2 earnings on August 26, with analysts anticipating increased earnings per share and revenue.

Okta's stock is currently 25.3% overvalued based on its intrinsic worth, despite strong growth prospects and impending Q2 2026 earnings report.

ShinyHunters claimed to breach cybersecurity firm ReliaQuest, which confirmed a social engineering attack briefly exposed an employee's Okta dashboard but denied any system or customer data compromise.

Okta anticipates strong Q2 FY27 earnings fueled by new AI security products, strategic partnerships, and an expanding portfolio, despite competitive pressures and past security incidents.

Okta appointed Scott Morgan as Chief Legal Officer to bolster legal, governance, and regulatory oversight for its AI-driven identity security products and navigate complex compliance demands.