The US company for identity and access management Octa (ticker: octa) presented on Tuesday to submit figures for his past business district, which were able to convince the bottom line – but the stock acts more than 12% under its closing course from Tuesday.
Latest news about shares trading 🔴 octa trade ideas 🔴 octa forecast & outlook
â–º Okta | WKN: A2DNKR | ISIN: US6792951054 | Ticker: OKTA
Let us first look at the figures: Okta pointed out an adjusted profit per share of $ 0.86 compared to the Wall Street expected $ 0.77, with $ 680 million in sales of $ 688 million. According to this, sales in the first quarter of the financial year increased by $ 617 million in the previous year.
Based on the economic uncertainty, Okta confirmed his outlook for the 2025 financial year with annual sales between 2.85 and 2.86 billion US dollars, but this apparently perceived the market participants.
For the current quarter, Okta slightly increased from $ 705 to $ 715 million to $ 710 to $ 720 million, which surprisingly suggests the crash of the share in the post-exchange.
With a view to today’s trading day, it should of course be seen whether buyers in the Beriech can be found by around $ 110-but I would not be surprised: In this area, the average price of the volume-weighted average price is based on the “panic lows” in April.
If the buyer and the bulls sin of the location can be found the Okta share back over the $ 112 mark and close above, then it could have been again on the underside and Okta could make itself back in real estate by $ 140, $ 150 in the coming months.
Octa share chart analysis – daily:
Source: XStation55 from XTB
Know how! Also on the stock exchange!
The current series of knowledge of XTB on YouTube! 21 stock market tutorials for all beginners and beginners.
From A for stock to Z for certificate.
Daytrading or investing?! Which broker select? The trading platform. Which stock select? How to earn money with stocks? ETFs and CFDs. Simply “everything” to understand the stock exchange from the start.
Look now. The whole playlist Or only individual follows.
Part 4: The big ETF tutorial for beginners: advantages, risks and how to get in
The author (m/f/d) can be invested in the securities or basic values ​​discussed.
The authors of the publications write that information at their own risk. Analyzes and assessments are not written in relation to specific investment goals and needs of certain people. Publications of XTB that comment on certain situations on the financial markets and general statements by XTB employees with regard to the financial markets no advice of the customer through XTB and cannot be interpreted as such. XTB is not liable for losses that have arisen directly or indirectly by making decisions in relation to the content of the publications.
Value developments of trade values ​​from the past are not a reliable indicator of value developments in the future!
CFD are complex instruments and, because of the leverage effect, contain a high risk of losing money quickly. 75% of small investor accounts lose money from CFD trading with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. An investment and profits from the past guarantee no success in the future. Content, newsletter and communications from XTB do not represent investment advice. The communications are as Advertising to understand.