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Okta, Inc. (OKTA): A Bull Case Theory

We came across a bullish thesis on Okta, Inc. (OKTA) on Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on OKTA. Okta, Inc. (OKTA)'s share was trading at $81.69 as of Dec 19th. OKTA’s forward P/E was 27.86 according to Yahoo Finance.

[caption id="attachment_518911" align="aligncenter" width="482"] Copyright: franckito / 123RF Stock Photo[/caption]

Okta, a leader in cloud identity management, is well-positioned to capitalize on the exponential growth opportunities presented by the proliferation of AI agents. The company has spent 17 years...