On October 4, 2026, Wall Street Zen upgraded Okta Inc. from hold to buy. The upgrade followed strong performance in the company’s latest quarterly results, which surpassed revenue and earnings expectations. Revenue increased 10.6% year over year.
Also on October 4, Okta announced progress in its artificial intelligence security strategy. Its Cross App Access (XAA) ecosystem now includes more than 25 partners. The expansion positions AI gateways as a critical layer for identity enforcement.
The approach addresses a security gap for AI agents by replacing static API keys with secure, short-lived tokens. It also gives IT teams greater visibility and control.