OKTA helps secure information systems through its enterprise identity management platform, which includes single sign-on, multi-factor authentication, access gateway, API access management, authentication, adaptive MFA, and lifecycle management, along with a new focus on securing AI agents. OKTA’s first-quarter 2027 report showed $765 million in revenue (an 11.2% year-over-year gain), per-share earnings of $0.42 (an 18.3% sequential gain), roughly $2.6 billion in cash on hand, and $680 million in share repurchases still to take place.
No wonder OKTA shares are up 72% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
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