{
  "id": 5008656,
  "title": "Okta Stock Could Have More Upside After Its 28% Rally, Analysts Say",
  "url": "https://urgent.news/2026/08/31/okta-stock-could-have-more-upside-after-its-28-rally-analysts-say",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T16:35:41.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/okta-stock-could-more-upside-163541880.html"
  },
  "original_language": "en",
  "account": "Okta's stock has surged 28% over the past five days and nearly 93% year-to-date, driven by strong financial results and analysts' optimism about its long-term potential. The company's fiscal second-quarter report delivered revenue of $805 million, up 11% year-over-year, with subscription revenue increasing 12% to $793 million. Adjusted earnings per share (EPS) came in at $1.05, beating estimates. The company's customer base expanded by over 20% to more than 600 customers, largely due to its core identity business. However, newer products are also expanding rapidly, accounting for 30% of total bookings in Q2. Management expects revenue to grow 10% to 11% in fiscal 2027, with adjusted EPS at $3.90 to $3.94, a 12% increase. Despite its impressive financials, Okta's stock is trading at a valuation more typical of a high-growth company, suggesting investors anticipate continued growth from AI security and expanded product offerings.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}