Has The Time Arrived To Buy This Blue Chip Stock-OKTA

Acrobull UK Advisory Services Ltd.

November 06			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Okta, Inc.	OKTA-NASDAQ	Technologies		$15.36 Billion	Medium

Okta, Inc. functions as an identity solutions provider both in the United States and globally. The company delivers a range of products and services designed to manage and secure digital identities.

Recent Highlights

CEO Statement- Okta’s unified identity platform is attracting customers ranging from the world’s largest enterprises to significant government agencies," said Todd McKinnon, Chief Executive Officer and co-founder of Okta.

Our strong Q2 performance underscores continued growth in new product adoption, the public sector, Auth0, and cash flow, while Okta’s independence and neutrality will empower organizations to innovate securely and on their own terms in the age of AI.

Second Quarter 2026 Financial Highlights

Revenue: Okta reported total revenue of $728 million, reflecting a 13% year-over-year growth. Subscription revenue amounted to $711 million, an increase of 12% compared to the same period last year.

Remaining Performance Obligations (RPO): The company’s RPO, representing its subscription backlog, reached $4.152 billion, marking an 18% year-over-year increase.

The current RPO (cRPO), which reflects the portion of subscription backlog expected to be recognized in the next 12 months, stood at $2.265 billion, up 13% from the second quarter of fiscal 2025.

GAAP Operating Income/Loss: Okta recorded a GAAP operating income of $41 million, or 6% of total revenue, reversing a GAAP operating loss of $19 million, or (3)% of total revenue, in the second quarter of fiscal 2025.

Non-GAAP Operating Income: Non-GAAP operating income for the quarter was $202 million, or 28% of total revenue, compared to $148 million, or 23% of total revenue, in the second quarter of fiscal 2025.

Stock Observation-Looking ahead, Okta anticipates continued strong growth in both total and subscription revenue, driven by ongoing demand for its unified identity platform and expanding customer base across key sectors. The company remains well-positioned to capitalize on the increasing need for secure, scalable identity solutions in the evolving digital and AI-driven landscape.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$87.13 USD
Acrobull Recommendation	Buy
Target Price	$97.25 USD
RSI Level	36 RSI
Total Shares Outstanding	168.46 Million
Shares Held by Insiders Shares Held by Institutions Risk Factor Stop Loss	0.53% 96.53% Medium 5%