Okta, Inc. (OKTA): Expanding Identity Security With AI and Global Growth

Okta Inc. (NASDAQ:OKTA) is one of the best high-growth cybersecurity stocks to buy. On February 5, 2026, Okta Inc. (NASDAQ:OKTA) announced it is expanding its partnership with the PGA of America to improve identity management and explore AI-based security. Okta will continue protecting the PGA’s network of more than 30,000 golf professionals, employees, and fans, while also working on new AI-powered digital experiences with stronger security. The PGA already uses Okta’s platform to simplify access, automate workflows, and block threats, along with Auth0 to unify fan and member identities.

Okta Inc. announced on February 2 that it will release its fourth-quarter and full fiscal year 2026 financial results, covering the period ended January 31, 2026, after the U.S. market closes on Wednesday, March 4, 2026.

On January 14, analysts at Stephens upgraded Okta Inc. to an Overweight from Equal Weight and raised the price target to $120 from $97. The upgrade came amid expectations  of a positive  outlook for growth in the identity security sector. The research firm expects the company to capitalize on  secular trends in the sector, including artificial intelligence and cloud adoption, that are making  identity a strategic priority.  The company is well-positioned to benefit from strong secular demand in the sector.

While Okta has delivered significant improvements in profitability in recent years, the research firm expects a shift toward growth investment in FY27. The company is expected to  place a higher priority on growth. The company has already announced plans to launch in-country platform tenants in India as part of its growth strategy.

In India, the company is to offer  data residency and enhanced disaster recovery services to local customers.  It will host local tenants on Amazon Web Services infrastructure  in a bid to help customers  meet  compliance requirements.

“As AI agents enter the workforce, traditional perimeter-based security approaches can’t keep up,” said Stephanie Barnett, VP Presales and Interim GM for Okta’s Asia-Pacific Japan region. “Our investment in India empowers innovators to embrace AI with confidence, compliance, and trust as they scale.”

​Okta, Inc. (NYSE:OKTA) is a leading independent provider of cloud-based identity and access management (IAM) solutions that securely connect users to technology. It offers software-as-a-service (SaaS) platforms that enable organizations to manage employee, customer, and partner identities, providing secure single sign-on (SSO) access to applications, websites, and devices.

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Disclosure: None. This article is originally published at Insider Monkey.