Zacks Investment Ideas feature highlights: DICK'S Sporting Goods, Okta and CrowdStrike

Chicago, IL - September 1, 2026 - Today, Zacks Investment Ideas feature highlights DICK'S Sporting Goods DKS, Okta OKTA and CrowdStrike CRWD. DKS, OKTA & CRWD: 3 Trending Stocks Making Big Moves DICK'S Sporting Goods,Okta and CrowdStrike have all been drawing extra investor attention lately, with recent earnings releases highlighting some key developments. DKS Slashes Outlook DICK'S Sporting Goods had a tough post-earnings reaction after reporting adjusted EPS of $3.53 and revenue of $5.6 billion, with earnings sliding roughly 20% YoY alongside 53% YoY revenue growth. Both items fell short of our consensus estimates, and while the YoY revenue surge looks appealing, it's worth remembering that much of that growth reflects the addition of Foot Locker, which DKS acquired last September. DICK'S business remained relatively solid, with comparable sales rising 4.9%, but Foot Locker proved to be a much bigger drag on the overall story. Comparable sales at Foot Locker fell 3.6%, as softer demand for older footwear styles, fewer major product launches, and a more promotional backdrop all weighed on performance. That pressure also spilled into profitability, leading management to cut its fiscal 2026 adjusted EPS outlook. Shares plunged as a result of the guidance cut, with both annual and quarterly EPS estimates taking a huge hit following the release. Okta Benefits from Growing Demand Okta delivered a much better quarterly report, with revenue increasing 10.6% YoY to $805 million, while adjusted EPS of $1.05 also showed solid growth versus the year-ago period. Improvements in underlying demand trends were a major highlight, with current remaining performance obligations rising 14% to $2.6 billion and the number of customers generating more than $1 million in annual contract value increasing by more than 20%. The stock sports a favorable Zacks Rank #2 (Buy), with EPS revisions for both its current and next fiscal years trending higher dating all the way back to the end of last August. The estimates suggest 10% earnings growth in its current FY27 and 12% in its FY28, underpinning a solid growth outlook overall. CrowdStrike Breaks Records Like OKTA, CrowdStrike also delivered a solid report recently, with revenue climbing 25.8% year over year to roughly $1.5 billion, while adjusted EPS of $0.31 topped expectations by roughly 7% and grew by 34% from the same period last year. CRWD reported record net new annual recurring revenue of $333 million, up 51%, while free cash flow also reached a second-quarter record of $377 million. And to top off the record-breaking release, it raised its fiscal 2027 outlook, including expected net new ARR growth of roughly 34% at the midpoint. EPS expectations for its current and next fiscal year have remained on an upward trajectory over the last year, with the estimates suggesting 33% and 26% YoY earnings growth in FY27 and FY28, respectively. Bottom Line All three stocks above have been gaining attention lately, though the sentiment is heavily skewed to negativity for DKS following its weak earnings release. On the other hand, both CRWD and OKTA recently delivered strong results, with each upping guidance in one way or another and similarly seeing strong annual EPS revisions over the last year. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

Zacks Investment Ideas feature highlights: DICK'S Sporting Goods, Okta and CrowdStrike

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