We came across a bearish thesis on Okta, Inc. on Monopolistic Investor’s Substack by Antoni Nabzdyk. In this article, we will summarize the bulls’ thesis on OKTA. Okta, Inc.'s share was trading at $81.87 as of December 2nd. OKTA’s trailing and forward P/E were 96.00 and 22.27 respectively according to Yahoo Finance.
Okta, Inc. operates at the core of digital identity management, answering the questions of who a user is, what they seek to access, and whether they are authorized to do so. Its Universal Directory allows organizations to manage access for various user groups...
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