Okta pops 15% after topping estimates as AI threat spikes demand for identity security

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How each outlet headlined it

• CNBC left

  Okta pops 15% after topping estimates as AI threat spikes demand for identity security
• Bloomberg News center

  Okta raised its annual revenue outlook for a second time after posting a better-than-expected subscription backlog
• SecurityWeek

  The identity security company beat quarterly expectations and raised its outlook as enterprises face growing pressure to secure AI agents and other non-human identities. The post Okta Shares Surge on Strong Earnings, Growing Demand for AI Identity Security appeared first on SecurityWeek.
• 24/7 Wall St.

  Cybersecurity Stocks Rally on Twin Earnings Beats: Okta Spikes 22%, CrowdStrike Jumps 13%
• Investing.com Stocks

  Okta upgrade reflects stronger growth, AI traction but valuation limits upside
• Bloomberg center

  Okta's stock experienced a significant rally following the company's better-than-expected quarterly results and an upgraded revenue forecast. The cybersecurity firm is capitalizing on the increasing demand for security solutions tailored to the growing number of AI agents deployed within businesses. Todd McKinnon, Okta's cofounder and CEO, discussed the factors driving the company's robust growth (Source: Bloomberg)