Earnings Estimates Moving Higher for Okta (OKTA): Time to Buy?
Okta(OKTA) 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 ...