Okta's stock pulled back 14% from a recent four-year high but remains up 55.6% in 2026. High put/call ratios suggest bearish bets may be unwinding, historically leading to gains. Analysts' consensus price target is below current levels, indicating room for growth despite some hold ratings. This pullback could offer a buying opportunity as bearish sentiment eases.
Okta announced plans to acquire Permiso Security to enhance its identity management platform with advanced identity threat detection, behavioral analytics, and AI-driven response capabilities. The acquisition, expected to close in Q3 of Okta's fiscal...
Okta has agreed to acquire AI identity security startup Permiso Security for just under $200 million in an almost all-cash deal, expected to close in Q3 of fiscal 2027. This acquisition aims to strengthen Okta's capabilities in securing AI agents and...
