1. Okta is a leading cybersecurity firm in identity and access management, trading at a forward P/E of 26; 2. The company reported its 20th consecutive double-beat quarter with strong revenue growth, premium margins, and a loyal customer base; 3. Despite recent market volatility, Okta is undervalued due to its market dominance, high growth, and AI-driven cybersecurity demand, warranting a Buy rating with a $108 price target.
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