Latest news with #IdentitySecurityPostureManagement
Yahoo
4 days ago
- Business
- Yahoo
OKTA Trades 25% Below 52-Week High: Right Time to Buy the Stock?
Okta OKTA shares closed at $95.63 on Wednesday, roughly 25% below the 52-week high of $127.57 it hit on May 16, 2025. Okta shares have appreciated 21.3% year to date, outperforming the Zacks Computer and Technology sector's return of 10.1% and the Zacks Security industry's increase of 19.7%.Okta shares have outperformed peers, including CyberArk CYBR, Cisco Systems CSCO and Microsoft MSFT year to date. CyberArk, Cisco, and Microsoft shares have appreciated 12.9%, 15.9% and 20%, innovative portfolio and rich partner base are helping Okta shares outperform. The company benefits from strong demand for its new products, including Identity Governance, Privileged Access, Device Access, Fine Grained Authorization, Identity Security Posture Management, and Identity Threat Protection with Okta AI. Okta's offerings include Okta AI, a suite of AI-powered capabilities embedded across several products, which empowers organizations to harness AI to build better experiences and protect against cyberattacks. OKTA Stock's Performance Image Source: Zacks Investment Research Okta's strong liquidity is a key catalyst. The company ended the first quarter of fiscal 2026 with $2.73 billion in cash, cash equivalents, short-term, and long-term investments. Net cash provided by operations was $241 million in the first quarter of fiscal 2026, while free cash flow was $238 million. For fiscal 2026, Okta raised free cash flow margin guidance to roughly 27%.However, the company is facing a challenging macroeconomic condition and stiff competition in the Identity and Access management domain, which is expected to hurt prospects. Okta shares are overvalued, as suggested by the Value Score of D. In terms of forward Price/Cash Flow, OKTA is trading at 22.51X compared with the broader sector's 22.03X and Cisco's 20.6X, suggesting a premium valuation. However, in comparison to Microsoft and CyberArk, Okta is cheap. Microsoft is trading at 28.88X while CyberArk is trading at 73.58X. Price/Cash Flow Image Source: Zacks Investment Research So, what should investors do with Okta stock at the current level? Let's dig deep into its fundamentals to gain some insight. OKTA to Benefit From Innovation, Rich Partner Base Okta is expanding its security portfolio with the launch of a new protocol, Cross App Access, which helps in securing AI agents. End users ultimately benefit as the latest protocol removes repetitive authorization consent screens and manages agent access for better security and compliance. The latest protocol reflects Okta's commitment to protecting its customers deploying AI. The company's focus on protecting non-human identities (NHIs) and developers building secure agents is noteworthy. Okta is benefiting from a rich partner base that includes the likes of Amazon Web Services, CrowdStrike, Google, LexisNexis Risk Solutions, Microsoft, Netskope, Palo Alto Networks, Plaid, Proofpoint, Salesforce, ServiceNow, VMware, Workday, Yubico and Zscaler. The company has more than 7,000 integrations with cloud, mobile, and web applications and IT infrastructure providers as of April 30, innovative portfolio and rich partner base are helping the company win clients. It exited first-quarter fiscal 2026 with roughly 20,000 customers, reflecting strong growth prospects for subscription revenues. Customers with more than $100 thousand in Annual Contract Value increased by 70 sequentially to 4,870. The combined governance portfolio of Okta Identity Governance, Lifecycle Management, and Workflows has surged 400% over the past three years to nearly $40 billion at the end of the fiscal first quarter. OKTA's FY26 Guidance Reflects Slowing Federal Business For fiscal 2026, OKTA still expects revenues between $2.85 billion and $2.86 billion, indicating 9-10% growth from the figure reported in fiscal 2025. Uncertainty in the federal business, along with challenging macroeconomic conditions, is a headwind for the company. However, Okta expects fiscal 2026 non-GAAP earnings between $3.23 and $3.28 per share, up from previous guidance between $3.15 and $3.20 per share. The Zacks Consensus Estimate for Okta's earnings has increased 9 cents over the past 60 days to $3.28 per share. The earnings figure suggests 16.73% growth over the figure reported in fiscal 2025. Okta, Inc. Price and Consensus Okta, Inc. price-consensus-chart | Okta, Inc. Quote Okta expects second-quarter fiscal 2026 revenues between $710 million and $712 million, indicating 10% year-over-year growth. The current portion of the company's remaining performance obligations is expected in the 10-11% range. Okta anticipates non-GAAP earnings between 83 cents and 84 cents per share. For second-quarter fiscal 2026, the Zacks Consensus Estimate for OKTA's earnings has increased by a nickel to 84 cents per share over the past 60 days. The earnings figure suggests 16.67% year-over-year growth. Conclusion Despite a challenging macroeconomic condition, anticipated sluggishness in federal business and a stretched valuation, Okta rides on an innovative portfolio and an expanding currently has a Zacks Rank #2 (Buy) and a Growth Score of A, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Wire
5 days ago
- Business
- Business Wire
CrowdStrike Named a Leader and Fast Mover in the 2025 GigaOm Radar Report for Identity Security Posture Management (ISPM)
AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike (NASDAQ: CRWD) today announced it has been named a Leader and Fast Mover in the 2025 GigaOm Radar Report for Identity Security Posture Management (ISPM). The report recognized CrowdStrike as the most complete Platform Play, scoring highest of all vendors in Emerging Features, with perfect 5/5 scores in Non-Human and Machine Identities Posture and Generative AI for Identity Insights. CrowdStrike also received perfect 5/5 scores in Key Features and Business Criteria including Automated Remediation, Security Ecosystem Integration, and Scalability. This recognition reinforces CrowdStrike's innovation and leadership in delivering a unified platform that protects every identity in the AI era – human and non-human – across the full attack lifecycle and hybrid environments. According to GigaOm 'identity compromise remains one of the most common, easily exploited, and potentially damaging vectors for cyberattacks.' As agentic AI drives explosive growth in machine and service identities, the AI-native CrowdStrike Falcon® platform secures both human and non-human identities – delivering the real-time visibility, automation, and intelligence defenders need to stop identity-based threats before they escalate. CrowdStrike Falcon® Identity Protection continuously correlates telemetry across endpoints, identity providers, cloud infrastructure, and data protection tools – enriched with adversary intelligence and dark web monitoring. By combining these signals in real time, the Falcon platform detects credential misuse, lateral movement, and privileged escalation, highlights identity attack paths, and enforces policy controls through Falcon Fusion, CrowdStrike's no-code SOAR engine. Key report findings include: Machine and Non-Human Identity Protection: With a perfect 5/5 score in Non-Human and Machine Identities Posture, CrowdStrike drives relentless innovation to keep customers ahead of evolving threats. End-to-End Hybrid Identity Coverage: The report highlighted how CrowdStrike secures the entire identity threat lifecycle and 'can protect hybrid identity infrastructures by detecting and responding to threats across on-premises and cloud identity infrastructures.' Agentic AI Innovation: With a perfect 5/5 score in Generative AI for Identity Insights, CrowdStrike brings the power of agentic AI to Falcon Identity Protection. Charlotte AI Agentic Detection Triage autonomously triages cross-domain attack detections with over 98% accuracy 1 to rapidly prioritize the most critical threats. Automated Response at Scale: CrowdStrike earned a perfect 5/5 score in Automated Remediation. The report notes how 'the platform prevents and mitigates identity risks through policy enforcement and automated remediation utilizing the no-code SOAR engine Falcon Fusion,' and that 'the solution can call on more than 150 automated actions.' 'The AI era has led to an explosion in machine, service, and non-human identities, massively expanding the attack surface,' said Cristian Rodriguez, field CTO, Americas, CrowdStrike. 'Adversaries are exploiting this shift to move faster, stay hidden, and breach environments through the front door: identity. As a unified part of the Falcon platform, Falcon Identity Protection is built for this new reality, correlating real-time signals across domains, applying agentic AI to triage and prioritize threats, and stopping identity-based attacks before they can escalate.' To learn more about the 2025 GigaOm Radar Report for ISPM, visit here and read our blog. 1 Accuracy rating is a measure of Charlotte AI triage decisions that match the expert decisions from the CrowdStrike Falcon Complete Next-Gen MDR team. About CrowdStrike CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data. Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities. Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value. CrowdStrike: We stop breaches. © 2025 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.
Techday NZ
6 days ago
- Business
- Techday NZ
Saviynt & AWS partner to enhance AI-driven identity security
Saviynt has entered into a strategic collaboration agreement with Amazon Web Services (AWS) to advance the delivery of AI-powered identity security solutions for organisations. The partnership will bring together Saviynt's Identity Cloud platform and AWS's generative AI services, notably Amazon Q Business, to enhance Identity Security Posture Management (ISPM) through deeper technological integration. This collaboration aims to provide organisations with a scalable and secure digital foundation for their transformation initiatives. Integration with Amazon Q Business Under the terms of the agreement, Saviynt's identity security platform will be embedded as a Data Accessor within the Amazon Q index. This native integration will enable real-time access to identity data and governance insights within the AWS ecosystem, targeting improved security posture and risk mitigation for enterprise clients. "We are excited to collaborate with AWS to bring Saviynt's next-generation identity governance into the Amazon Q ecosystem. This native integration in Amazon Q Business will help organizations embed AI-driven identity insights into critical workflows and drive stronger cloud security outcomes," said Paul Zolfaghari, President at Saviynt. The collaboration involves dedicated AWS support in co-selling, marketing, and further product development efforts. The integration is designed to facilitate large organisations' ability to manage identity security at scale while leveraging advanced analytics driven by AI. Addressing identity risk Saviynt's participation as a native Data Accessor within Amazon Q index is positioned to help enterprises address a range of identity security challenges. This includes managing risk from fragmented security tools, unauthorised or shadow access, and the lack of consolidated visibility into the identity landscape across data, devices, and infrastructure. "Today's organizations face mounting identity risk from fragmented tools, shadow access, and limited visibility across data, devices, and infrastructure. By integrating Saviynt's intelligent identity governance with Amazon Q index's analytics platform, we're enabling enterprises to gain a unified, context-aware view of identity posture - driving smarter decisions, reducing risk, and accelerating Zero Trust maturity," said Vibhuti Sinha, Chief Product Officer at Saviynt. With these integrations, enterprise customers will be able to access a number of new capabilities within the Amazon Q experience: Faster compliance and audit reviews: Automated surfacing of access assignment events, approval tickets, and policy documentation to accelerate compliance checks and streamline audits. Automated surfacing of access assignment events, approval tickets, and policy documentation to accelerate compliance checks and streamline audits. Simplified investigations: Real-time, unified views of identity events and related tickets reduce the need for manual searches across platforms such as ServiceNow, Jira, GDrive, or SharePoint. Real-time, unified views of identity events and related tickets reduce the need for manual searches across platforms such as ServiceNow, Jira, GDrive, or SharePoint. More accurate access decisions: Improved validation of user access against compliance policies and documented approvals, supporting faster and more consistent governance outputs. Improved validation of user access against compliance policies and documented approvals, supporting faster and more consistent governance outputs. Greater operational efficiency: Quicker response times and enhanced productivity provided by seamless access to historical identity data and governance context. These new features are expected to have significant impact in regulated industries, including financial services, healthcare, and manufacturing, where audit readiness, compliance, and least-privilege access are high priorities and often mandated by regulation. The collaboration marks continued investment from both AWS and Saviynt in co-developing solutions tailored to the challenges of digital transformation in large, complex organisations. The integration of identity security posture management with generative AI is intended to streamline governance, reduce manual intervention, and help enterprises align with zero trust security models. Both companies point to the opportunity to provide organisations with more responsive, reliable, and context-rich identity governance as the broader business landscape continues to digitise and evolve regulatory frameworks around data, privacy, and security practices. Follow us on: Share on:
Business Wire
6 days ago
- Business
- Business Wire
AWS Signs Strategic Collaboration Agreement With Saviynt to Advance AI-Driven Identity Security
LOS ANGELES--(BUSINESS WIRE)-- Saviynt, a leading provider of identity security solutions, announced today that it has signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to help organizations create a scalable and secure foundation for digital transformation through AI-driven identity security. The strategic collaboration will focus on delivering Saviynt's next-generation Identity Security Posture Management (ISPM) capabilities through deeper integration with AWS generative AI services, Amazon Q Business. 'We are excited to collaborate with AWS to bring Saviynt's next-generation identity governance into the Amazon Q ecosystem,' said Paul Zolfaghari, president at Saviynt. 'This native integration in Amazon Q Business will help organizations embed AI-driven identity insights into critical workflows and drive stronger cloud security outcomes.' As an identity security vendor that is natively embedded as a Data Accessor within Amazon Q index, Saviynt will enable enterprises to harness the power of real-time identity data and insights directly within AWS. The collaboration includes dedicated AWS investments in co-selling, marketing, and product innovation – positioning Saviynt to deliver AI-driven identity governance at scale through the Amazon Q ecosystem. 'Today's organizations face mounting identity risk from fragmented tools, shadow access, and limited visibility across data, devices, and infrastructure,' said Vibhuti Sinha, chief product officer at Saviynt. 'By integrating Saviynt's intelligent identity governance with Amazon Q index's analytics platform, we're enabling enterprises to gain a unified, context-aware view of identity posture—driving smarter decisions, reducing risk, and accelerating Zero Trust maturity.' By integrating with Amazon Q index as a native Data Accessor, Saviynt will extend its powerful analytics and governance capabilities into the Amazon Q experience. Enterprise customers will gain: Faster Compliance and Audit Reviews: Instantly surface access assignment events, approval tickets, and policy documentation – streamlining audits and accelerating compliance reviews. Simplified Investigations: Eliminate manual searches across disparate systems like ServiceNow, Jira, GDrive, or SharePoint. Analysts get a unified view of identity events and related tickets in real time. More Accurate Access Decisions: Easily validate user access against internal policies, compliance rules, and documented approvals – ensuring decisions are both fast and aligned with governance standards. Greater Operational Efficiency: Reduce response times and improve team productivity with immediate access to historical identity data and governance context. These capabilities are especially valuable for regulated industries such as financial services, healthcare, and manufacturing – where compliance, audit readiness, and least-privilege access are business-critical. To learn more, please visit the website. About Saviynt Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world's leading brands, Fortune 500 companies and government organizations. For more information, please visit
Yahoo
25-06-2025
- Business
- Yahoo
Okta's Cross App Access Expands Security Portfolio: Buy the Stock?
Okta OKTA is expanding its security portfolio with the launch of a new protocol, Cross App Access, which helps in securing AI agents. The company is working with ISVs in launching Cross App Access that will enable ISVs' enterprise customers to better connect their AI tools to other apps and data. End users ultimately benefit as the latest protocol removes repetitive authorization consent screens and manages agent access for better security and latest protocol reflects Okta's commitment to protecting its customers deploying AI. The company's focus on protecting non-human identities (NHIs) and developers building secure agents is noteworthy. NHIs include service accounts, shared accounts, machines and tokens, and often operate outside traditional identity governance frameworks and can leave organizations vulnerable to security risks. Identity Security Posture Management and Okta Privileged Access help in solving the vulnerabilities related to NHIs. Moreover, for developers, Okta is gaining from the rapid adoption of the Auth0 platform. Auth for generative AI addresses the problem of AI agents creating unsecured NHIs by enabling developers to integrate secure identity into their GenAI applications. Okta's offerings include Okta AI, a suite of AI-powered capabilities embedded across several products, which empowers organizations to harness AI to build better experiences and protect against cyberattacks. The company benefits from strong demand for its new products, including Identity Governance, Privileged Access, Device Access, Fine Grained Authorization, Identity Security Posture Management, and Identity Threat Protection with Okta AI. OKTA's innovative portfolio is helping the company win clients, driving top-line growth. It exited first-quarter fiscal 2026 with roughly 20,000 customers and $4.084 billion in RPOs, reflecting strong growth prospects for subscription revenues. Customers with more than $100 thousand in Annual Contract Value increased by 70 sequentially to 4,870. The combined governance portfolio of Okta Identity Governance, Lifecycle Management, and Workflows has surged 400% over the past three years to nearly $40 billion at the end of the fiscal first quarter. Okta is benefiting from a rich partner base that includes the likes of Amazon Web Services, CrowdStrike, Google, LexisNexis Risk Solutions, Microsoft MSFT, Netskope, Palo Alto Networks, Plaid, Proofpoint, Salesforce, ServiceNow, VMware, Workday, Yubico and Zscaler. The company has more than 7,000 integrations with cloud, mobile, and web applications and IT infrastructure providers as of April 30, innovative portfolio and rich partner base have helped Okta shares jump 25.2% year to date, outperforming the Zacks Computer and Technology sector, as well as peers CyberArk CYBR, Cisco Systems CSCO and Microsoft. While the sector has returned 0.9%, CyberArk, Cisco and Microsoft shares have appreciated 19.2%, 13.8% and 15.3%, respectively, over the same timeframe. Image Source: Zacks Investment Research The stock is currently trading above the 200-day moving average, indicating a bullish trend. Image Source: Zacks Investment Research For fiscal 2026, OKTA still expects revenues between $2.85 billion and $2.86 billion, indicating 9-10% growth from the figure reported in fiscal 2025. Uncertainty in the federal business, along with challenging macroeconomic conditions, are headwinds for the company. However, Okta expects fiscal 2026 non-GAAP earnings between $3.23 and $3.28 per share, up from previous guidance between $3.15 and $3.20 per share. The Zacks Consensus Estimate for Okta's earnings has increased 9 cents over the past 30 days to $3.28 per share over the past 30 days. The earnings figure suggests 16.73% growth over the figure reported in fiscal expects second-quarter fiscal 2026 revenues between $710 million and $712 million, indicating 10% year-over-year growth. The current portion of the company's remaining performance obligations (RPOs) is expected in the 10-11% range. Okta anticipates non-GAAP earnings between 83 cents and 84 cents per share. For second-quarter fiscal 2026, the Zacks Consensus Estimate for OKTA's earnings has increased by a nickel to 84 cents per share over the past 30 days. The earnings figure suggests 16.67% year-over-year growth. Okta, Inc. price-consensus-chart | Okta, Inc. Quote Okta shares are overvalued, as suggested by the Value Score of D. In terms of forward Price/Cash Flow, OKTA is trading at 23.23X compared with the broader sector's 20.13X and Cisco's 19.7X, suggesting a premium valuation. Image Source: Zacks Investment Research Despite a challenging macroeconomic condition and a stretched valuation, Okta rides on an innovative portfolio and an expanding currently has a Zacks Rank #2 (Buy) and a Growth Score of A, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
