Summary
This prediction ended on 06.01.22 with a price of €177.06. The price of Okta Inc. has decreased during the runtime of the prediction. Compared to the start price this resulted in a performance of -19.21%. Subdi has 50% into this predictionOkta Inc. is a publicly traded company listed on the NASDAQ stock exchange under the symbol Okta. Based in San Francisco, California, Okta provides identity and access management solutions for businesses, helping to secure their networks, applications, and data through secure user authentication and authorization. The company offers a cloud-based platform that allows organizations to manage and control access to various applications, while ensuring privacy and compliance with regulatory requirements. Okta has experienced significant growth in recent years due to increasing demand for its services, particularly as more businesses move their operations and data to the cloud.
Performance without dividends (%)
Name | 1w | 1m | 1y |
---|---|---|---|
Okta Inc. | -2.773% | -2.773% | 34.201% |
iShares Core DAX® | -0.612% | 0.567% | 12.585% |
iShares Nasdaq 100 | -3.018% | -3.205% | 26.208% |
iShares Nikkei 225® | -2.647% | 0.330% | 9.482% |
iShares S&P 500 | -1.932% | -1.126% | 23.191% |
Comments by Subdi for this prediction
In the thread Okta Inc. diskutieren
"...
Okta is one of those names whose share price has essentially done nothing this year while its reported revenues have surged, and even after adjusting for the shares issued in connection with the merger, the company will probably grow its revenues per share by something in the range of 40%+. So, based solely on its EV/S ratio, the shares are noticeably cheaper now than they were 10 months ago. It appears as well, that Okta's organic growth rate, including the revenue synergies being developed in conjunction with the Auth0 offering, are higher now than the assumption had been a year ago. With Auth0, Okta has now become the visible leader in the customer facing identity management space, confounding fears that its core business of providing identity solutions to employees was showing flagging growth.
..."
https://seekingalpha.com/article/4462294-high-growth-stocks-in-land-of-inflation-and-higher-interest-rates-shopping-list
In the thread Trading Okta Inc.