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Bloomberg

Okta Shares Surge on Strong Earnings

Thursday, August 27, 2026


Okta's stock price increased following the company's release of quarterly earnings that exceeded analyst expectations and an increased revenue forecast. The cybersecurity firm cited demand for security solutions related to AI agent deployment in business environments. CEO and cofounder Todd McKinnon attributed the company's growth to these factors, according to Bloomberg.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-27/okta-shares-surge-on-strong-earnings-video

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