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Okta Is The Emerging Identity Verification Standard

December 17th, 2018 · No Comments

  • Their simple platform interfaces with all kinds of applications, leveraging the value of these for their clients and hence creating some network effects.
  • Growth rates are impressive and the company benefits from tremendous operational leverage and just celebrated its first free cash flow positive quarter.
  • Valuation is steep though, and liable to sudden changes in sentiment, which would offer buying opportunities.

Source: Okta Is The Emerging Identity Verification Standard – Okta, Inc. (NASDAQ:OKTA) | Seeking Alpha

Tags: OKTA