Cybersecurity stocks Okta, CrowdStrike, and Palo Alto Networks each rose about 4% following Evercore ISI's channel partner survey indicating stronger budget outlooks and robust demand for security solutions. The survey highlighted healthy pipeline activity focused on identity protection, cloud security, and AI infrastructure, with Okta showing the strongest momentum. This sector-specific rally outpaced broader tech gains and suggests continued spending growth in cybersecurity. Investors await upcoming quarterly results, especially from Okta, to confirm these positive trends.
As of Oct 23, 2026 22:02 WIB, Okta, CrowdStrike, and Palo Alto Networks are up notably on Pluang, with Okta leading at a 6.60% increase, CrowdStrike rising 6.02%, and Palo Alto climbing 6.73%. This outpaces the First Trust NASDAQ Cybersecurity ETF, which is up 2.67%. Okta also shows strong buying interest with 92% buy orders on Pluang, highlighting investor enthusiasm in the sector.
