Veytics Intelligence
2026-09-18 · NASDAQ

Why Shares of Okta Stock Shot Up 10% This Week

Key Points Okta is getting a lift from the growing importance of AI-driven cybersecurity. The company's backlog is growing nicely. Shares could be a good way to bet on the AI revolution. 10 stocks we like better than Okta › Shares of Okta (NASDAQ: OKTA) have popped 10% this week, according to data from S&P Global Market Intelligence . The authentication platform for enterprise security is riding high along with other cybersecurity names, and recently reported solid earnings. Wall Street is optimistic about growing demand for authenticators like Okta because of the threats posed by artificial intelligence ( AI ). Does that make Okta stock a buy today? Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.

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