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Okta, Inc. (OKTA) KeyBanc Capital Markets 2024 Emerging Technology Summit (Transcript)
2024-03-07 05:40
公司业绩 - Okta在第四季度表现出色,特别是在自由现金流、营运利润和顶线方面[14] - Okta的大客户平均年合同价值和超过100,000美元的ACV客户群体都创下历史新高[14] 产品发展 - Okta的产品组合中的IGA产品套件取得了成功,特别是在没有IGA的客户和使用高级功能的客户方面[20] - Okta的PAM产品在提供特权访问方面取得了成功,尤其是对Okta管理员仪表板的特权访问[31] 并购与市场扩张 - Okta收购了Uno和Spera,Uno是为了支持小创新,而Spera则是为了提供更多关于客户环境的可见性和安全性[36][38] - 公司与SoftBank合作开拓MSP市场,看到了在日本市场的机会[56][62] 销售策略 - 公司在销售启动会上介绍了如何销售客户身份产品,激发了销售人员的热情[47] - 公司对销售人员进行了激励,以确保他们抓住正确的机会[48] 市场合作 - 公司看到渠道对业务的影响越来越大,特别是全球SI和AWS的合作[54][55] - 公司通过高触点与客户沟通,学到了如何更好地处理安全事件[65]
Earnings Estimates Moving Higher for Okta (OKTA): Time to Buy?
Zacks Investment Research· 2024-03-07 02:21
Investors might want to bet on Okta (OKTA) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this cloud identity management company, should get reflected in its stock price. After all, empirical research shows a strong correlati ...
Okta, Inc. (OKTA) Morgan Stanley Technology, Media & Telecom Conference (Transcript)
2024-03-06 06:13
业绩总结 - Okta在Q4的总RPO增长加速,当前RPO增长,季度内的大单交易,使最大客户规模进一步扩大[1] - 大客户签订的长期合同导致平均合同期限达到两年高点,显示客户愿意长期承诺与Okta合作[2] - Okta在全球2000强企业中的渗透率约为三分之一,但合同平均规模约为整体客户群的7倍,显示在这一领域还有很大的增长空间[2] - Okta的财年2025财务指导预计收入增长率为10%至11%,考虑到宏观经济稳定、安全事件的谨慎处理以及未来可能的变化[4] - Okta在Q4的新业务表现强劲,尽管有安全事件,但续约可能需要更长时间来确定对定价或续约率的影响[4] 市场扩张和并购 - 公司的策略是针对中等市场,不会与市场顶级提供商竞争,但随着时间的推移,他们相信可以继续改进[6] - 公司一直在努力吸引大客户,如全球2000强,这是一个长期的工作,而不是近期的努力[7] - 公司在公共部门,特别是联邦部门,看到了巨大的增长机会,并将继续投资时间和资金[8] 新产品和新技术研发 - 公司通过提供更多功能和特性来抵消客户身份领域的增长放缓[8] - 公司一直在使用机器学习和人工智能技术,认为在GenAI世界中,身份验证变得更加重要[8] 未来展望 - 公司通过降低成本、提高效率等措施,实现了盈利能力的显著提升[10] - 公司现金净额超过10亿美元,为未来投资提供了机会[10]
Okta Stock Has 55% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-03-03 19:50
It's been a tough couple of years for Okta (OKTA 1.11%) investors. After enduring the worst downturn in more than a decade, the cybersecurity specialist suffered a high-profile security breach in mid-2023. Growth slowed to a crawl, and confidence waned.However, Okta's quarterly results have vaulted the company back into Wall Street's good graces, and at least one analyst believes there's much more to come.A rare double upgradeIn the wake of the company's impressive financial results, Bank of America upgrade ...
Okta(OKTA) - 2024 Q4 - Annual Report
2024-03-02 05:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 For the transition period from to Commission File Number: 001-38044 Okta, Inc. (Exact name of Registrant as specified in its charter) Delaware 10 ...
Are Computer and Technology Stocks Lagging Okta (OKTA) This Year?
Zacks Investment Research· 2024-03-01 23:46
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Okta (OKTA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Okta is one of 622 companies in the Computer and Technology group. The Computer and Technology group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best t ...
Okta upgraded as consensus-beating guidance labelled 'conservative' - BoA
Proactive Investors· 2024-03-01 02:27
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Why Okta Stock Rocketed Higher Thursday Morning
The Motley Fool· 2024-03-01 01:01
公司业绩 - Okta公司在2024财年第四季度取得了强劲的业绩,收入达到6.05亿美元,同比增长19%,订阅收入增长20%[3] - 公司的调整后每股收益为0.68美元,超过分析师预期的0.51美元[4] - Okta公司的运营现金流和自由现金流均大幅增长,分别增长了129%和131%[5] 客户增长 - 公司客户数和年度支出超过10万美元的高价值客户均呈现增长趋势[6] 业绩展望 - Okta公司的剩余业绩承诺(RPO)呈现增长态势,显示销售已经开始重新加速[7] - 公司预计第二季度收入约为6.04亿美元,全年收入预期为25亿美元,均超过华尔街预期[8] 投资建议 - Okta公司的经济困境似乎已经过去,公司取得的进展表明现在可能是再次购买Okta股票的时机[9]
OKTA's Q4 Earnings Beat Estimates, Revenues Increase Y/Y
Zacks Investment Research· 2024-03-01 00:31
Okta (OKTA) reported fourth-quarter fiscal 2024 earnings of 63 cents per share, comfortably beating the Zacks Consensus Estimate by 23.53%. The company reported earnings of 30 cents in the year-ago quarter.Total revenues increased 18.6% year over year to $605 million and surpassed the consensus mark of $586 million. The year-over-year upside can be attributed to higher subscription revenues.Okta’s total customer count was 18,950, up 8% year over year. Customers with more than $100K in Annual Contract Value ...
Okta stock wins a double upgrade following Q4 earnings
Invezz· 2024-03-01 00:14
It’s not too late to invest in Okta Inc (NASDAQ: OKTA) even though it has rallied some 60% over the past four months, says a Bank of America analyst.Okta stock could climb to $135Copy link to sectionMadeline Brooks double upgraded the identity and access management company from underperform to “buy” this morning after it published a strong Q4 earnings report and issued upbeat future guidance. Okta stock opened about 20% up today but the BofA analyst is convinced it could continue to rally and hit $135 over ...