Does Okta (OKTA) Stock Look Pricey After AI Security Updates?
Okta has seen a sharp rerating in recent years, and the question now is whether the current share price lines up with the cash the business is expected to generate over time. Okta has returned 152.1% over the past 3 years, which puts a lot of weight on whether its future cash flows can support that kind of rerating. New AI focused identity governance and access tools, along with security fixes for key products, can influence expectations for how quickly Okta converts customer demand into...
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