Posted 12/15/2023, 2:53:26 PM
Okta Stock Up Recently But Still Down Over 3 Years; Fast Growth But Not Yet Profitable
- Okta share price has risen 16% in the last month but is still down 70% over the last 3 years
- Okta revenue has grown rapidly at 35% per year over the last 3 years but the company is not yet profitable
- Okta CEO pay is more modest than peers
- Okta provided a total shareholder return of 19% over the last 12 months, beating the market
- Okta may not be the best stock to buy right now according to the analysis