{"id":193356,"date":"2026-03-06T08:05:00","date_gmt":"2026-03-06T13:05:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/06\/bmo-says-this-cloud-stock-is-an-early-winner-of-agentic-artificial-intelligence-boom\/"},"modified":"2026-03-06T08:20:13","modified_gmt":"2026-03-06T13:20:13","slug":"bmo-says-this-cloud-stock-is-an-early-winner-of-agentic-artificial-intelligence-boom","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/06\/bmo-says-this-cloud-stock-is-an-early-winner-of-agentic-artificial-intelligence-boom\/","title":{"rendered":"BMO says this cloud stock is an early winner of agentic artificial intelligence boom"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/2026\/03\/06\/bmo-sees-okta-as-an-early-winner-of-agentic-artificial-intelligence-boom.html\">BMO says this cloud stock is an early winner of agentic artificial intelligence boom<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/03\/06\/bmo-sees-okta-as-an-early-winner-of-agentic-artificial-intelligence-boom.html\">https:\/\/www.cnbc.com\/2026\/03\/06\/bmo-sees-okta-as-an-early-winner-of-agentic-artificial-intelligence-boom.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-03-06 08:05:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnbc.com\">www.cnbc.com<\/a><\/p>\n<ul>\n<li>BMO Capital Markets upgraded Okta, a cloud identity and access management provider, to &#8220;outperform&#8221; from &#8220;market perform,&#8221; indicating increasing confidence in its revenue growth potential.<\/li>\n<li>Analyst Keith Bachman raised Okta&#8217;s price target to $97 from $83, signaling an upside potential of 22%, driven by the anticipated rising demand for identity security in an AI-rich future.<\/li>\n<li>Despite declining shares of Okta by 8% this year and 28% over the last 12 months, the stock surged 11% following its fourth-quarter earnings report which exceeded Wall Street estimates.<\/li>\n<li>Bachman believes that Okta, with its established market position and improved governance capabilities, will benefit from the growing adoption of artificial intelligence agents, which necessitate robust identity management for security.<\/li>\n<li>He highlighted that identity and access management (IAM) and identity security are crucial in promoting the adoption of AI agents and that Okta&#8217;s comprehensive solutions and strong market trust position it well to capitalize on this trend.<\/li>\n<li>Bachman applauded Okta&#8217;s latest solutions, &#8220;Okta for AI Agents&#8221; and &#8220;Auth0 for AI agents,&#8221; noting early positive feedback and expecting further positive reception as agent use increases.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BMO says this cloud stock is an early winner of agentic artificial intelligence boom https:\/\/www.cnbc.com\/2026\/03\/06\/bmo-sees-okta-as-an-early-winner-of-agentic-artificial-intelligence-boom.html&#8230;<\/p>\n","protected":false},"author":1,"featured_media":193357,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108190507-1756156470006-gettyimages-2196389826-TFSPI_31012025-4158.jpeg?v=1756156584&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-193356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/193356"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=193356"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/193356\/revisions"}],"predecessor-version":[{"id":193358,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/193356\/revisions\/193358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/193357"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=193356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=193356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=193356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}