Okta's Q1 Earnings Highlight Strong AI Demand Growth

Okta reported fiscal Q1 revenue of $765 million with an 11.2% year-over-year increase, driven by rising demand for agentic AI solutions. The results led to a more than 30% surge in OKTA shares and higher analyst price targets.

By Thomas Hughes, MarketBeat Tue, June 16, 2026 at 9:00 PM GMT+3 5 min read · Yahoo Finance ·

Okta's Q1 Earnings Highlight Strong AI Demand Growth

Tickers: $META $OKTA $QCOM

Topics: AI cybersecurity SaaS share price movement

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