Competitive PressureOKTA continues to face increasing competitive pressure from MSFT, execution has been choppy over the past few years, and there is a lack of confidence in a sustainable fundamental turnaround.
Growth OutlookDisappointing cRPO Growth Outlook for F3Q, with guidance for cRPO growth of 9% year-over-year coming in well short of the Street's 12% forecast.
Market EnvironmentA challenging macro environment continues to affect Okta's business, impacting the mix of new business versus up-sells, which remains more weighted towards up-sells and poses a risk to growth.