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Okta (OKTA) Rises But Trails Market: What Investors Should Know
Zacks Investment Research· 2024-02-23 07:51
Okta (OKTA) closed at $82.30 in the latest trading session, marking a +1.38% move from the prior day. This change lagged the S&P 500's 2.11% gain on the day. Meanwhile, the Dow gained 1.18%, and the Nasdaq, a tech-heavy index, added 2.96%. The cloud identity management company's stock has dropped by 4.56% in the past month, falling short of the Computer and Technology sector's gain of 1.69% and the S&P 500's gain of 3.08%. Analysts and investors alike will be keeping a close eye on the performance of Okta i ...
Okta (OKTA) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-02-17 07:51
股价表现 - Okta (OKTA) 最近收盘价为 $88.86,较前一交易日下跌了 -0.65% [1] - Okta 的股价在过去一个月内上涨了 10.12%,超过了计算机和技术行业的 8.1% 和标普500指数的 5.3% [2] 盈利预测 - Okta 的盈利报告将于 2024年2月28日公布,预计每股收益为 $0.51,同比增长70%,预计营收为 $586.25 亿美元,同比增长14.95% [3] 评级和估值 - Okta 目前持有 Zacks Rank 2 (买入) [6] - Okta 的前瞻市盈率为 45.42,较行业的 18.49 有溢价 [7] - OKTA 目前的 PEG 比率为 1.18,略高于互联网-软件和服务行业昨日市场收盘时的平均 PEG 比率 1.03 [8] 行业排名 - 互联网-软件和服务行业属于计算机和技术行业,该行业的 Zacks Industry Rank 为 47,在所有 250+ 个行业中排名前 19% [9] - Zacks Industry Rank 评估了特定行业群体的活力,研究显示,排名前 50% 的行业胜过排名后 50% 的行业 2 倍 [10]
3 Hidden-Gem Cybersecurity Stocks Ready to Ride a Massive Market Wave
InvestorPlace· 2024-02-17 00:54
Okta公司 - Okta是一家专注于保护数字身份的公司[2] - Okta推出了Okta AI Identity Threat Protection,利用人工智能技术确保用户会话的安全性[3] Zscaler公司 - Zscaler是一家领先的云安全公司,其创新的方法对抗网络威胁备受关注[5] - Zscaler在最新季度报告中实现了40%的收入增长,净亏损同比减少了约50%[6] Splunk公司 - Splunk在最新季度报告中总收入增长至10.67亿美元,云收入增长了26%[9] - Splunk的年度重复收入(ARR)增长了15%,经营现金流同比增长182%[10] Cisco公司 - Cisco有意收购Splunk,这对投资者来说是一个非常好的消息[11]
Here's Why Okta (OKTA) Fell More Than Broader Market
Zacks Investment Research· 2024-02-06 08:01
In the latest trading session, Okta (OKTA) closed at $82.14, marking a -0.77% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.32%. Meanwhile, the Dow experienced a drop of 0.71%, and the technology-dominated Nasdaq saw a decrease of 0.2%. Shares of the cloud identity management company have appreciated by 0.39% over the course of the past month, underperforming the Computer and Technology sector's gain of 9.33% and the S&P 500's gain of 4.59%. Investors will be eag ...
Identity and access management company Okta to slash 400 jobs
Fox Business· 2024-02-02 04:40
Okta is slashing 7% of its workers as part of a restructuring. The layoffs, announced Thursday, will result in approximately 400 Okta employees losing their jobs, according to a filing with the Securities and Exchange Commission (SEC). In a statement to FOX Business, Okta called it a "very difficult decision but necessary to fulfill our commitment to profitable growth while running the business with greater efficiency." The identity technology company informed affected employees on Thursday after CEO Todd M ...
Okta Layoffs January 2024: What to Know About the Latest OKTA Job Cuts
InvestorPlace· 2024-02-02 03:53
Headlines of layoffs in the tech sector continue to roll in. Today’s latest contributor to the revolving door that is the U.S. technology sector is Okta (NASDAQ:OKTA). This latest round of Okta layoffs will affect around 400 employees, with the company cutting around 7% of its staff in this latest cut. Notably, this move follows a previous round of layoffs a year prior. The company is seeking increased profitability and the ability to invest in its core high-growth segments. January can be a month in which ...
Okta, Zoom Cut Hundreds Of Jobs—Here Are 2024's Tech Layoffs
Forbes· 2024-02-02 02:59
Identity security company Okta told its staff on Thursday it will cut as many as 400 employees, while Zoom reportedly plans to slash 150 positions—the latest in a string of job cuts this year that have rocked the tech industry, including at Microsoft, Amazon, eBay and PayPal, following a parade of layoffs in 2022 and 2023. Okta CEO Todd McKinnon announced in a Securities and Exchange Commission filing that the identity management company will reduce its head count by roughly 400 employees (7% of its workfor ...
Okta, Block, PayPal Cut Hundreds Of Jobs—Here Are 2024's Tech Layoffs
Forbes· 2024-02-01 23:08
互联网公司裁员计划 - Okta公司计划裁员400名员工,占其员工总数的7%[1] - PayPal计划在未来12个月内裁减2,500名员工,约占其员工总数的9%[3] - Microsoft计划裁减1,900个职位,约占其员工总数的8%,以促进可持续的成本结构[5] - eBay减少1,000名员工,约占其员工总数的9%,CEO表示公司的支出超过了业务增长[6] - Salesforce将裁减约700名员工,占其员工总数的1%,CEO表示这是因为经济环境的挑战[6] 零售和娱乐公司裁员计划 - Wayfair计划裁减1,650个职位,以在短期和长期内调整公司的定位[7] - Macy's计划裁减2,350个职位并关闭五家百货商店,影响公司约13%的企业员工和3.5%的总员工[7] 科技公司裁员计划 - Google计划裁减全球广告和销售团队的员工,此前已裁减数百名员工[8] - Twitch计划裁减35%的员工,约500名员工,CEO表示公司需要调整规模以适应业务规模[9] - Amazon计划在Prime Video和MGM Studios部门裁减数百名员工,以优化公司的业务运营[10] - Duolingo裁减了10%的合同员工,公司转向依赖人工智能进行内容生成[11] - Discord计划裁减17%的员工,约170名员工,以提高公司的敏捷性[12] - Unity Software计划裁减四分之一的员工,约1,800名员工,作为重组计划的一部分[13]
Okta to lay off 7.0% of its employees
Invezz· 2024-02-01 23:01
Okta Inc (NASDAQ: OKTA) is in focus this morning after announcing plans of lowering its headcount by about 7.0%. How many employees will be laid off Copy link to section The cybersecurity company will lay off some 400 of its employees in total as “costs are still too high”. Okta has to be more “thoughtful about where we place our bets” for long-term success, Todd McKinnon – its chief executive said in a message to his staff on Thursday. The news arrives only days after Microsoft Corp said it will cut 9.0% o ...
Okta to cut 400 jobs as part of restructuring aimed at improving profitabilty
Market Watch· 2024-02-01 22:07
Shares of Okta Inc. OKTA, -3.20% rallied 3.2% in premarket trading Thursday, after the identity software company said it would lay off about 7% of its workforce, as part of a restructuring aimed at improving efficiencies and profitability. The company disclosed in an 8-K filing with the Securities and Exchange Commission that the restructuring involves cutting 400 full-time jobs. That will result in restructuring charges of $24 million in the fiscal fourth quarter for employee severance and benefits costs, ...