2Settimanaยท

$OKTA (+0,68%) achieved GAAP profitability for the first time in the latest quarter.


Looking at Okta's financials, it has a strong balance sheet and generates solid free cash flow.


With approximately $700 million in free cash flow expected for FY25 and potentially around 29% free cash flow margin for fiscal 2026, Okta demonstrates robust financial health.


At about 19x forward free cash flow, Okta presents a potentially appealing valuation for a company with appealing prospects. Thoughts?๐Ÿค”

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1 Commento

immagine del profilo
2Settimana
I enter it, after results, small position, as soon as it begun to be profitable, it show promises. I like it, Okta does much business with goverment, the stock has bottomed before, I am positive about it
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