Summary
This prediction ended on 28.01.24 with a price of €78.64. The prediction had a final performance of 22.07%. geldnutzer has 60% into this predictionOkta Inc. is a publicly traded company listed on the NASDAQ stock exchange under the symbol Okta. Based in San Francisco, California, Okta provides identity and access management solutions for businesses, helping to secure their networks, applications, and data through secure user authentication and authorization. The company offers a cloud-based platform that allows organizations to manage and control access to various applications, while ensuring privacy and compliance with regulatory requirements. Okta has experienced significant growth in recent years due to increasing demand for its services, particularly as more businesses move their operations and data to the cloud.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Okta Inc. | 0.396% | 0.396% | 26.558% |
| iShares Core DAX® | 1.851% | 5.158% | 17.711% |
| iShares Nasdaq 100 | 1.573% | 2.589% | 39.053% |
| iShares Nikkei 225® | -0.412% | -2.857% | 13.501% |
| iShares S&P 500 | 1.128% | 2.485% | 29.871% |
According to geldnutzer what are the pros and cons of Okta Inc. for the foreseeable future?
Pros
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Good rating
Standard Investments for future growth
Capable Management
Innovative
Future proof or reliable business model
Growths faster than the competition
Cons
High valuation
Very low/no dividend yield expected
negative Cash Flow expected
Risky balance sheet
ROE lower than 10% per year
Increased challenges to pay loans and raise capital
Bad culture
Sustainability is little important
Higher risks for its business
Few uniques
Dependend from some customers or products
Below average Marketposition
Little known brand
high free float
Significant cyclical dependencies
Comments by geldnutzer for this prediction
In the thread Okta Inc. diskutieren
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In the thread Trading Okta Inc.
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