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Stock impact report

Stifel Raises Okta Price Target to $130 Following Strong Q1 Performance [Yahoo! Finance]

Okta, Inc. - Class A (OKTA) 
Last okta, inc. - class a earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.okta.com
Company Research Source: Yahoo! Finance
This adjustment comes hot on the heels of Okta's Q1 2026 results, which exceeded both company guidance and analyst expectations. A computer programmer working on a holographic digital twin technology software solution. Okta's (NASDAQ:OKTA) Q1 revenue jumped by 12% year-over-year to $688 million, with the largest share of the growth emanating from increased subscription revenue. The company posted a record GAAP operating income of $39 million, compared to a GAAP operating loss of $47 million in Q1 2025. According to management, the solid start to FY26 is thanks to the world's biggest organizations turning to the company to “solve identity security across their workforces, customers, and AI use cases.” Stifel analysts also noted this fact as one of many positive aspects in Okta's earnings report. The others include early signs of successful go-to-market strategy changes, increased traction with Auth0 and new logos, and continued momentum across newer product offerings. Okta, Inc Show less Read more
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