Okta (NasdaqGS:OKTA) Sees 26% Rise Over Past Month
Every company has risks, and we've spotted 1 risk for Okta you should know about.
NasdaqGS:OKTA Earnings Per Share Growth as at May 2025
The latest GPUs need a type of rare earth metal called Dysprosium and there are only 24 companies in the world exploring or producing it. Find the list for free.
Over the past three years, Okta's total return, including share price and dividends, was 30.26%. This performance contextually complements a 26% rise in share price over the past month, indicating a significant rebound amid recent market pressures. Comparatively, Okta's performance aligned with the US IT industry, matching its 15.9% return over the past year. While the broader market returned 8.2% in the same timeframe, Okta exceeded this benchmark, highlighting its relative resilience and investor confidence.
The recent inclusion of Okta in major indices such as the S&P 1000 and the launch of innovations like Auth for GenAI could enhance the company's growth potential. These developments are poised to influence Okta's anticipated revenue and earnings advancements, with projections indicating an 8.8% annual revenue growth, slightly outpacing the market average. Furthermore, Okta's current share price, although experiencing pronounced recent gains, reflects a minor discount relative to consensus analyst price targets of US$118.25. Consequently, the ongoing market recognition and strategic initiatives are likely integrated into these optimistic forecasts, underpinning Okta's competitive positioning and forward outlook.
Review our growth performance report to gain insights into Okta's future.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Miami Herald
37 minutes ago
- Miami Herald
Is Publix open on the 4th of July?
The 4th of July is known for BBQs, picnic food, and fireworks. As a bonus, the holiday falls on a Friday this year, providing a perfect opportunity for long celebrations and late nights with family and friends, or even the chance to travel since you have a three-day weekend if your employer gives you the 4th of July off. Don't miss the move: Subscribe to TheStreet's free daily newsletter But what if you forget your picnic staples and don't have the potato salad you were assigned to bring, the rolls for the hot dogs, or ketchup? You'll need to find a store to stock up on the things you're missing. If you live in the Southeast, Publix may be your store of choice. The beloved supermarket has locations in Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia. The big question is, will Publix be open on the 4th of July if you discover yourself in need of some additional items to make your day as festive and as fun as possible? Here's what you need to know about the Independence Day story hours at Publix stores. Image source: Uzcategui/Bloomberg via Getty Images The good news for Publix fans is that the store is not going to let you down on Independence Day. Publix is absolutely going to be open for the 4th of July. Related: TSA issues travel alert for 4th of July weekend In fact, Publix should be open for its normal hours, which vary by store but which are usually 7 a.m. to either 9 p.m. or (more commonly) 10 p.m. There are typically no adjustments to this normal schedule on the 4th of July. More Retail: Walmart CEO sounds alarm on a big problem for customersTarget makes a change that might scare Walmart, CostcoTop investor takes firm stance on troubled retail brandWalmart and Costco making major change affecting all customers Publix liquor stores will also be open for the holiday, although Publix pharmacies will be closed, so be sure that you aren't counting on picking up your prescriptions on the holiday. Although Publix does not close for the 4th of July, there are a few holidays on which the store does shut down. In fact, there are three: ThanksgivingChristmasEaster Since the first of those days will not take place until November, you don't have to worry about your Publix being closed for a while. If you need something on the 4th of July, feel free to head over to your local store during normal business hours. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Miami Herald
38 minutes ago
- Miami Herald
Is McDonald's open on 4th of July?
Independence Day, celebrated on the 4th of July, commemorates the day the soon-to-be United States declared independence from British rule. Many spend the day enjoying fireworks, parades, and cookouts, or simply getting together with loved ones. Don't miss the move: Subscribe to TheStreet's free daily newsletter Many restaurants and fast-food chains close for the national holiday, or stay open for fewer hours. Related: McDonald's brings back experimental menu item 13 years later Unfortunately, that means finding a place to grab some food can be a hassle. However, Independence Day shouldn't be stressful. So, to prevent going hungry while trying to find an open restaurant, here is all the necessary information to find out if McDonald's will be open on the 4th of July. Image source:With so many events and festivities happening on the 4th of July, many may be looking for an easy on-the-go option. McDonald's (MCD) makes the perfect quick meal because it's affordable and familiar - after all, who doesn't love a Big Mac? More Retail News: Home Depot spends billions on major acquisitionStarbucks' huge new rival opens first US storesMcDonald's menu adds new Happy Meal with collectible toys fans will love Fortunately for McDonald's fans, the fast-food giant tends to stay open on national holidays and will be operating on Independence Day. McDonald's prides itself on being one of the largest fast-food chains worldwide, so it's no surprise that it boasts over 43,000 restaurants in more than 100 countries. Because store hours may vary by location, guests may want to check the McDonald's website to ensure their neighborhood location is open. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Forbes
an hour ago
- Forbes
U.S. Futures Slide As Trump Says Tariff Letters Will Be Sent Out Today
U.S. stock futures slumped early on Friday after President Donald Trump said his administration will start sending out letters to trading partners to inform them about the unilateral tariff rate to be imposed on them, which he suggested could be as high as 70%. President Donald Trump speaks with reporters as he arrives on Air Force One, Friday, July 4, 2025, ... More at Joint Base Andrews, Md. (AP Photo/Alex Brandon) Copyright 2025 The Associated Press. All rights reserved All major U.S. futures indexes were hit hard early on Friday, led by the benchmark S&P 500 futures, which dropped nearly 0.6% to 6,288 points. Dow Futures fell 0.5% to 44,865 points, while the tech-heavy Nasdaq Futures dropped by 0.56% to 22,932.25 points. U.S. markets will remain closed on Friday for Independence Day. European stocks also appeared to be hit by news of the unilateral tariffs, as the pan-European STOXX 50 index fell by 0.7% and the London Stock Exchange's FTSE 100 index dropped by 0.3%. Trump told reporters on Thursday that his administration will likely start sending out letters on Friday informing trading partners about the tariff rates they will face starting next month. The president said that '10 or 12' letters are likely to be sent out on Friday, with more letters to follow in the 'next few days.' Trump expects all such unilateral tariff letters to be sent out by July 9, the deadline he had previously set for concluding trade negotiations and ending a 90-day pause on his 'Liberation Day' tariffs. Trump told reporters: 'They'll range in value from maybe 60 or 70% tariffs to 10 and 20% tariffs.' The president, however, didn't specify which countries are likely to receive such letters. What Has Trump Previously Said About Unilateral Tariffs? Last month, Trump said the U.S. was holding trade negotiations with around 15 countries, but noted that the U.S. has '150 plus' trading partners and 'at a certain point, we're just going to send letters out…saying this is the deal, you can take it or leave it.' At the time, Trump had said the letters would go out 'in about a week and a half, two weeks.'
