Sign in
Sign up
Moby Premium

You are currently reading a preview of Moby Premium. To read this report in full. Please consider becoming a subscriber.

Start a free trial ➔
okta stock increase

Why 30% Upside Is Coming For This Company

information technology Sep 29, 2021

Today we're initiating a new position in Okta. If you're not familiar with Okta, they are the largest identity and access management solution for many of the world's largest companies. They help manage and secure user authentication into company apps. While this technology was always important, remote work made identity management more important than ever. And guess what?

With the stock only up 10% in the last year, the market is completely missing their potential upside.

Let's break into what that upside is and where we project the stock price to go below: