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The Latest Breaking News from Okta

2 Overvalued Cybersecurity Stocks to Avoid in April

Although an increased risk of cyberattacks due to the Russia-Ukraine crisis, and growing investments in cybersecurity in the digital era, position the cybersecurity industry well to grow, the probability of aggressive interest rate hikes this year could dampen the performance of overvalued stocks in the sector. So, we think it…

StockNews.com

This Is What Whales Are Betting On Okta

A whale with a lot of money to spend has taken a noticeably bullish stance on Okta. Looking at options history for Okta (NASDAQ:OKTA) we detected 19 strange trades.

Benzinga

Here's How Much $1000 Invested In Okta 5 Years Ago Would Be Worth Today

Okta (NASDAQ:OKTA) has outperformed the market over the past 5 years by 31.74% on an annualized basis producing an average annual return of 46.16%. Currently, Okta has a market capitalization of $24.57 billion.

Benzinga

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Tech Stocks Roundup: Apple Is Working on a New Golden Opportunity

Check out the latest news and performance numbers from the top technology stocks like Facebook, Amazon, Microsoft, Google, Uber, and more.

The Street

Britain Police Arrests Suspects Behind Okta, Microsoft Hacks

Britain Police arrested seven people following a series of hacks by the Lapsus$ hacking group, Reuters reports.

Benzinga

Stock Market Today - 3/25: Stocks End Mixed; U.S. and Europe Reach Natural Gas Deal

Stocks ended mix, as rate hike bets stabilize and energy prices hold firm following President Joe Biden's two-day summit in Europe.

The Street

More Losses Ahead For Okta Shares After Hack Warning?

Shares of Okta Inc (NASDAQ: OKTA) tanked after the identity and access management company Wednesday warned of a security breach that could potentially affect hundreds of its c

Benzinga

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Stocks Steady, Apple, Boeing, Okta Hack and Chelsea Sale - Five Things You Must Know

Stock futures steady, oil slips as Biden wraps up European summit; Apple leads big tech lower as EU sees October launch for new rules; Boeing shares dip on 737 Max delay reports, China crash search; Okta shares extend slide as British police arrest alleged hackers and American groups emerge as…

The Street

Teen Outed As Mastermind Behind Nvidia, Microsoft, Samsung, Okta Hacks

The boy's father said they thought he was just busy playing video games.

The Street

Here's How Much You Would Have Made Owning Okta Stock In The Last 5 Years

Okta (NASDAQ:OKTA) has outperformed the market over the past 5 years by 30.31% on an annualized basis producing an average annual return of 43.92%. Currently, Okta has a market capitalization of $22.73 billion.

Benzinga

Hackers Against Okta, Microsoft, NVIDIA Traced To England, Brazil: Bloomberg

Four cybersecurity researchers investigating Lapsus$ group's hacks against tech companies, including Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Okta Inc (NASDAQ:OKTA), have traced the attacks to a 16-year-old living with his mother near Oxford, England, Bloomberg reports. The researchers employed forensic evidence and publicly available information to tie the teen to Lapsus$. Another member of Lapsus$ is suspected…

Benzinga

Okta Gets a Downgrade Post Data Breach Incident

Raymond James analyst Adam Tindle downgraded Okta Inc (NASDAQ:OKTA) to Market Perform from Strong Buy and removed his previous $260 price target. His prior thesis was that Okta could become a "platform cloud," similar to Salesforce.com Inc (NYSE:CRM). However, his channel conversations have suggested a continually disconnected CIAM go-to-market strategy. Meanwhile, although partners were willing to trust…

Benzinga

Okta Stock Falls On Worries Over Customer Reaction To Security Incident

Okta stock fell for a second straight day as customers and analysts mulled the cybersecurity firm's response to an alleged data breach involving its systems.

Investors Business Daily

Okta's Latest Revelations: The Lapsus$ Hack Affected 366 Customers

Digital authentication firm Okta Inc (NASDAQ:OKTA) Chief Security Officer David Bradbury admitted maximum potential impact to 366 customers by the Lapsus$ breach. An outside contractor, Sitel Group, accessed the data. Okta first became aware of the breach in January. However, Sitel received a forensic report about the incident on March 10 and shared a…

Benzinga

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The Street

Stocks Edge Lower, Powell On Deck, GameStop, Adobe and Hackers Hit Microsoft - 5 Things You Must Know

Stock futures edge lower, oil leaps on sanctions talk; Fed Chair Powell on deck as bonds flash recession risk; GameStop shares surge as Ryan Cohen boosts stake; Adobe shares slip lower after muted Q2 cloud outlook and Microsoft says Okta hackers gain 'limited access' to its system

Axios

New hack took aim at identity provider Okta

The extent of the compromise of the single sign-on company is still unclear, but experts are worried.

Benzinga

Looking At Okta's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Okta. Looking at options history for Okta (NASDAQ:OKTA) we detected 22 strange trades.

Benzinga

Read How Okta's Client, Analysts View Recent Alleged Hack

Okta Inc (NASDAQ:OKTA) shares lost steam after hacking group Lapus$ posted screenshots on messaging service Telegram of the group's access to Okta's admin and other systems. Cloudflare Inc (NYSE:NET) CEO Matthew Prince disclosed resetting the @okta credentials of any employees who had changed their passwords in the last four months. Prince also admitted no evidence of any compromise…

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Benzinga

Why Okta Shares Are Tumbling Today

Okta Inc (NASDAQ: OKTA) shares are trading lower Tuesday morning following several reports indicating the company is investigating a digital breach.

The Street

Okta Stock Tumbles Amid Digital Breach Investigation As Cybersecurity Risks Mount

Access management and cloud identity group Okta is investigating a digital data breach following a warning on Russian cyber attacks from President Joe Biden.

Benzinga

Why Are Okta Shares Trading Lower Today

Authentication services company Okta Inc (NASDAQ:OKTA) investigated a digital hack, Reuters reports. The ransom-seeking hackers known as LAPSUS$ had posted screenshots on their Telegram channel, claiming them as Okta's internal company environment. Thousands of other companies rely on Okta to manage access to their networks and applications. LAPSUS$ also claimed to have leaked…

Benzinga

Where Okta Stands With Analysts

Over the past 3 months, 14 analysts have published their opinion on Okta (NASDAQ:OKTA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

StockNews.com

2 Cybersecurity Stocks Wall Street Predicts Will Rally 35% or More

The cybersecurity industry is expected to grow markedly, driven by growing demand and increased government investments amid a perceived heightened cyberattack risk from Russia. Thus, Wall Street analysts expect the stocks of fundamentally solid cybersecurity companies CrowdStrike (CRWD) and Okta Inc (OKTA) to surge more than 35% in price in…

Benzinga

Why This Analyst Believes Okta Stock Is 'Difficult To Ignore,' Noting An Increase In Cybersecurity Needs

Shares of Okta Inc (NASDAQ: OKTA) have lost 42% over the past six months, while the company’s organic growth remains strong, according to Mizuho Securities.

The Street

Cathie Wood Watch: Buys Okta, Sees Strong Returns Over 5 Years

Asset manager Cathie Wood of Ark Investment Management continues to buy and divest. She sees long-term strength for her funds.

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