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Dear Okta Stock Fans, Mark Your Calendars for September 22

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Dear Okta Stock Fans, Mark Your Calendars for September 22
An Okta sign on a corporate office_ Image by Sundry Photography via Shutterstock_
An Okta sign on a corporate office_ Image by Sundry Photography via Shutterstock_

Okta (OKTA) is heading into one of the important dates on its 2026 calendar. The identity security company will open Oktane 2026 in Las Vegas on Sept. 22, putting its push into AI agent security in front of customers, partners, and investors. The timing is notable because OKTA stock has already surged more than 120% year-to-date (YTD), leaving the market with high expectations heading into the event.

Needham added to that momentum on Monday by raising its price target to $230 from $200 and keeping its “Buy” rating. The bigger question now is whether Oktane can show that AI agent identity and governance are becoming a meaningful source of growth. With the stock trading at a premium valuation, evidence of adoption could matter more than the conference headlines themselves for investors.

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Why Sept. 22 Matters for OKTA Stock

The key question is whether AI agent security can develop into a meaningful growth engine rather than remain a promising product category.

Okta has built its strategy around giving AI agents identities, controlling what they can access and monitoring their activity. Its Cross App Access framework is designed to let companies manage agent-to-application connections through centralized policies. The company also made Agent SSO generally available in August, bringing agent identity management into its core SSO offering used by more than 20,000 customers.

That gives Oktane a clear job. Investors will be searching for evidence of customer adoption, product traction, and potential monetization as businesses deploy more autonomous software.

The Latest Quarter Gives Investors a Base

Okta’s fiscal second quarter provided a solid operating backdrop ahead of the conference. Revenue reached $805 million, up 11% year-over-year (YoY), while subscription revenue increased 12% to $793 million. Remaining performance obligations rose 17% to $4.86 billion.

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EPS reached $1.05, up from $0.91 a year earlier. Free cash flow was $227 million, and Okta ended the quarter with $2.299 billion in cash and short-term investments.

Management raised full-year fiscal 2027 revenue guidance to $3.216 billion to $3.226 billion and adjusted EPS guidance to $3.90-$3.94. The company expects third-quarter revenue of $813 million to $817 million.

Beyond the core business, Okta has expanded its AI footprint through collaborations with Google Cloud, AWS, and Anthropic. Its Google Cloud work connects Auth0 for AI Agents with the Gemini Enterprise Agent Platform, while its AWS integration extends agent identity and governance to the Amazon (AMZN) Bedrock Agent Core. Anthropic has also incorporated Okta into a beta program for securing Claude’s access to enterprise applications.

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Wall Street Is Bullish, and Needham Just Raised the Stakes

Needham analyst Mike Cikos raised his target to $230 ahead of Oktane, pointing to early traction and feedback around Okta for AI Agents. He expects the conference to highlight agentic AI innovation, with keynotes involving leaders from Anthropic, AWS, Dell (DELL), and ServiceNow (NOW).

Moreover, BTIG lifted its target to $219 on Sept. 17 and maintained a “Buy” rating after fieldwork on Okta for AI Agents improved. Bank of America raised its target to $200 but kept a “Neutral” rating, while Bernstein downgraded OKTA to “Market Perform” even as it lifted its target to $174.

Consensus from Wall Street is “Strong Buy,” with the median price target standing at $184.52, which implies 4% downside risk. However, these mixed calls leave Sept. 22 as an important checkpoint for OKTA stock. The key question is whether Oktane can show that AI agent security is becoming a growth engine capable of supporting the premium investors are paying.

www.barchart.com

On the date of publication, Nauman Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

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How London Businesses Can Build a Stronger Digital Presence

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How London Businesses Can Build a Stronger Digital Presence

If you’re trying to get noticed, you’re not just up against the shop two doors down. You’re up against every business within a five-mile radius doing the same search terms, the same Google Ads, the same “we’re different” messaging.

Here’s where to put your effort if you want your digital presence to actually pull its weight.

1. Get your local listings sorted before anything else

Before you touch a content calendar or a paid campaign, check that your Google Business Profile is complete, accurate and claimed.

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Opening hours, address, phone number, category, photos. It sounds basic because it is, but a huge share of consumers now research a business online before ever walking through the door or picking up the phone, according to BrightLocal’s own consumer research. If your listing is wrong or thin, you’re losing people at the first hurdle, not the tenth.

2. Treat reviews as a running conversation, not a scoreboard

Reply to reviews, good and bad. A short, specific response to a two-star review does more for trust than ten five-star ones with no engagement behind them. Customers read how you handle criticism as a proxy for how you’ll handle them.

3. Build content around what people actually type into Google

Skip the generic “About Us” waffle and write pages that answer real questions your customers ask before they buy. A plumber in Hackney should have a page on emergency call-out costs, not a paragraph about company values. This is also where local search specialism earns its keep.

Agencies such as Maratopia, which works specifically on SEO strategy for London-based businesses, tend to focus on exactly this gap between generic web copy and the specific, high-intent phrases people search when they’re ready to spend money.

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4. Make your site do the selling, not just the introducing

Your homepage isn’t a brochure. It should get someone to a decision within thirty seconds: what you do, who it’s for, how to get in touch.

If your bounce rate is high and you don’t know why, sit a stranger down in front of it and watch where they get stuck.

5. Don’t ignore mobile performance

Most local searches happen on a phone, often minutes before someone acts on them. A slow-loading site or a fiddly contact form costs you customers who’d otherwise have called within the hour.

6. Keep your business details identical everywhere

Directories, social profiles, your website footer. Inconsistent addresses or phone numbers confuse both customers and search engines, and in a market as saturated as London, that confusion is exactly the kind of small friction a competitor down the street won’t have.

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Getting these six right doesn’t require a huge budget. It requires consistency, and a willingness to keep checking that what’s live online still matches how your business actually operates. London businesses that treat their digital presence as ongoing maintenance, rather than a project with an end date, tend to be the ones still winning new customers a year from now.

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Nearly 1 in 6 Kids on GLP-1 Weight-Loss Drugs Developed a Nutritional Deficiency Within a Year, Study Finds

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Nearly one in six children and teenagers who started taking GLP-1 medications developed a new nutritional deficiency within a year, according to a study published last week, raising concerns that doctors may not be doing enough to monitor the nutritional health of young patients prescribed these increasingly popular drugs.

Researchers at Northwestern University’s Feinberg School of Medicine, along with collaborators at other institutions, examined medical claims data from a large database of real-world patients, identifying roughly 2,000 children between the ages of 10 and 17 who began taking a GLP-1 medication between 2017 and 2022 and had no preexisting nutritional deficiency noted in their medical records at the time. Within a year of starting the medication, about 17% of these children were diagnosed with either a nutritional deficiency or a related complication, such as anemia. Vitamin D deficiency was the most common diagnosis, identified in 12% of the children studied, followed by nutritional anemia at 1.55% and iron-deficiency anemia at 1.44%. The findings were published in the journal Childhood Obesity.

“Nutritional deficiencies are a meaningful and underrecognized risk among pediatric patients receiving GLP-1RA therapy,” the study’s authors wrote in their paper.

GLP-1 medications, including semaglutide, sold under the brand names Ozempic and Wegovy, and tirzepatide, sold as Mounjaro and Zepbound, have emerged in recent years as effective treatments for obesity and type 2 diabetes, including in pediatric patients. Childhood obesity remains a significant public health concern in the United States, with the Centers for Disease Control and Prevention’s most recent data showing approximately 22% of adolescents ages 12 to 19 classified as obese, along with 21% of children ages 6 to 11. Despite the drugs’ growing use among younger patients, researchers say considerable uncertainty remains about their long-term effects specifically in children.

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The study’s design means its findings carry important limitations. Because the research was observational rather than a controlled clinical trial, the researchers cannot conclusively establish that GLP-1 use directly caused the nutritional deficiencies identified in the study, only that the two were associated within the studied population. The data also covers a period predating the more widespread adoption of GLP-1 medications for pediatric patients in more recent years, meaning current prescribing and monitoring practices may differ from those reflected in the dataset.

Even accounting for those limitations, the researchers noted that their findings align with a broader body of existing research. Intentional weight loss generally, regardless of the method used to achieve it, has previously been shown to increase a person’s risk of developing nutritional deficiencies. Other recent studies have similarly identified links between GLP-1 medication use and nutrition-related health problems, including rare but serious conditions tied to specific nutrient deficiencies.

While the study could not definitively explain why the children in the dataset developed these deficiencies, the researchers pointed to apparent gaps in the nutritional counseling many of the young patients received after starting their medication. According to the study, only about 5% of the children in the dataset received dietary counseling within the first 30 days after being prescribed a GLP-1 medication, and only a quarter received such counseling within six months of starting treatment.

Study author Justin Ryder, an associate professor of surgery and pediatrics at Northwestern University and a surgeon at the Ann & Robert H. Lurie Children’s Hospital of Chicago, said the findings point to a need for more proactive nutritional management rather than a reactive approach that waits until a deficiency has already developed. “We hope that our study findings bring much-needed recognition to the importance of proactive nutritional management when GLP-1s are prescribed to children, as opposed to waiting until a nutritional deficiency is diagnosed,” Ryder said in a statement released by the hospital. “Knowing the risks, we are in a much better position to prevent harm to children treated with GLP-1s during a pivotal period in their lives.”

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The American Academy of Pediatrics began recommending GLP-1 therapy as a treatment option for childhood obesity in 2023. Those same recommendations emphasized the importance of pairing any pharmacological treatment with nutritional support for young patients, guidance that appears, according to the new study’s findings, to not always be consistently followed in real-world clinical practice.

The new findings add to a growing body of research examining both the benefits and potential risks associated with GLP-1 medications across different patient populations. Separate recent studies have identified other effects tied to the drugs, including associations between GLP-1 use and reduced rates of certain serious infections, as well as effects on respiratory conditions such as asthma and chronic obstructive pulmonary disease linked to the medications’ impact on obesity-related disease risk.

With GLP-1 prescriptions continuing to expand among pediatric patients treating obesity and type 2 diabetes, the study’s authors say their findings underscore the importance of consistent nutritional monitoring throughout a child’s course of treatment, rather than relying on providers to identify deficiencies only after symptoms or complications have already emerged. Given the observational nature of the current research, further studies, including those examining more recent prescribing patterns and monitoring practices, are likely needed to more precisely determine how significant a risk nutritional deficiencies pose to the growing population of children and teenagers using these medications.

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Call for funding into industrial land

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Call for funding into industrial land

The Property Council says the government should treat the supply of industrial land like housing by helping fund utility connections.

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Walker & Dunlop, Inc. (WD) Discusses Impact of Fed Rate Hike on Housing Market and Investment Strategies Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript