Okta Inc Class A
OKTA: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZFK | LOCK|fn$ | LOCK|$^?qN< |
Okta Earnings: AI-Driven Cyberspending Set to Continue in Identity; Fair Value Up to $200 From $124
Okta reported second-quarter earnings, with sales up 11% to $805 million and operating margins expanding 770 basis points to 13%. The firm's forward-looking sales metric, remaining performance obligations, grew 17% to $4.9 billion.
