Is it bound for the moon or the coal mine?
Okta is doing great in terms of adoption among large corporate and enterprise customers. No clue what their financials look like or internal story. But everyone is using them.
They are public company - have looked at their financials - they turned profit and grew large customer base this quarter. they also are expanding in new areas around advanced security and customer identity, and application protection with acquisition of ScaleFT. Growth is already baked into the current price levels though, so your upside is really based on market growth. But I do think company and itβs value is solid
Iβm a big fan. Use the product and own the stock. Itβs got a lot of room to grow.
They also partner really well, they did a very smart partnership with VMware last summer
I have a modest position in it. Believe it will do well long-term.