Okta (OKTA) Stock Forecast, Price Target & Predictions
OKTA Stock Forecast
Okta stock forecast is as follows: an average price target of $93.38 (represents a 14.31% upside from OKTA’s last price of $81.69) and a rating consensus of 'Hold', based on 39 wall street analysts offering a 1-year stock forecast.
OKTA Price Target
The average price target for Okta (OKTA) is $93.38 based on 1-year price targets from 39 Wall Street analysts in the past 3 months, with a price target range of $108.00 to $75.00. This represents a potential 14.31% upside from OKTA's last price of $81.69.
OKTA Analyst Ratings
Hold
According to 39 Wall Street analysts, Okta's rating consensus is 'Hold'. The analyst rating breakdown for OKTA stock is 0 'Strong Buy' (0.00%), 19 'Buy' (48.72%), 20 'Hold' (51.28%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Okta Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 04, 2024 | Rob Owens | Piper Sandler | $90.00 | $85.57 | 5.18% | 10.17% |
| Oct 18, 2024 | Shrenik Kothari | Robert W. Baird | $95.00 | $74.45 | 27.60% | 16.29% |
| Oct 18, 2024 | Richard Davis | Canaccord Genuity | $82.00 | $74.45 | 10.14% | 0.38% |
| Oct 17, 2024 | Rob Owens | Piper Sandler | $85.00 | $74.83 | 13.60% | 4.05% |
| Oct 17, 2024 | Matthew Hedberg | RBC Capital | $101.00 | $75.72 | 33.39% | 23.64% |
| Oct 17, 2024 | Gregg Moskowitz | Mizuho Securities | $92.00 | $75.72 | 21.50% | 12.62% |
| Oct 17, 2024 | Brent Thill | Jefferies | $85.00 | $75.72 | 12.26% | 4.05% |
| Oct 17, 2024 | Rudy Kessinger | D.A. Davidson | $75.00 | $75.72 | -0.95% | -8.19% |
| Oct 17, 2024 | Gray Powerll | BTIG | $98.00 | $75.72 | 29.42% | 19.97% |
| Aug 29, 2024 | Keith Bachman | Loop Capital Markets | $103.00 | $81.00 | 27.16% | 26.09% |
| Aug 29, 2024 | Keith Bachman | BMO Capital | $103.00 | $79.22 | 30.03% | 26.09% |
| Aug 29, 2024 | Patrick Colville | Scotiabank | $92.00 | $81.08 | 13.47% | 12.62% |
| Aug 29, 2024 | Shrenik Kothari | Robert W. Baird | $105.00 | $81.08 | 29.50% | 28.53% |
| Aug 29, 2024 | Joseph Gallo | Jefferies | $100.00 | $78.69 | 27.08% | 22.41% |
| Aug 29, 2024 | Rudy Kessinger | D.A. Davidson | $85.00 | $96.54 | -11.95% | 4.05% |
| Aug 29, 2024 | Kingsley Crane | Canaccord Genuity | $90.00 | $96.54 | -6.77% | 10.17% |
| Aug 29, 2024 | Rob Owens | Piper Sandler | $100.00 | $96.54 | 3.58% | 22.41% |
| Aug 29, 2024 | Roger Boyd | UBS | $108.00 | $96.54 | 11.87% | 32.21% |
| Aug 29, 2024 | Andrew Nowinski | Wells Fargo | $90.00 | $96.54 | -6.77% | 10.17% |
| Aug 27, 2024 | Gray Powerll | BTIG | $128.00 | $96.89 | 32.11% | 56.69% |
| Aug 26, 2024 | Brent Thill | Jefferies | $110.00 | $99.01 | 11.10% | 34.66% |
| Jun 03, 2024 | Keith Bachman | BMO Capital | $100.00 | $88.83 | 12.57% | 22.41% |
| May 30, 2024 | Rob Owens | Piper Sandler | $110.00 | $90.73 | 21.23% | 34.66% |
| May 30, 2024 | Patrick Colville | Scotiabank | $104.00 | $91.17 | 14.07% | 27.31% |
| May 30, 2024 | Shyam Patil | Susquehanna | $110.00 | $96.36 | 14.16% | 34.66% |
| May 30, 2024 | Matthew Hedberg | RBC Capital | $125.00 | $96.36 | 29.72% | 53.02% |
| May 30, 2024 | Gabriela Borges | Goldman Sachs | $130.00 | $96.36 | 34.91% | 59.14% |
| May 30, 2024 | Rudy Kessinger | D.A. Davidson | $100.00 | $96.36 | 3.78% | 22.41% |
| May 30, 2024 | Kirk Materne | Evercore ISI | $122.00 | $96.36 | 26.61% | 49.35% |
| May 17, 2024 | Gregg Moskowitz | Mizuho Securities | $110.00 | $100.74 | 9.19% | 34.66% |
| Mar 21, 2024 | John DiFucci | Guggenheim | $130.00 | $104.76 | 24.09% | 59.14% |
| Feb 29, 2024 | Keith Bachman | Loop Capital Markets | $110.00 | $103.72 | 6.06% | 34.66% |
| Feb 29, 2024 | Fishbein Jr | Truist Financial | $105.00 | $103.72 | 1.24% | 28.53% |
| Feb 29, 2024 | Alex Henderson | Needham | $130.00 | $103.73 | 25.33% | 59.14% |
| Feb 29, 2024 | Gregg Moskowitz | Mizuho Securities | $105.00 | $103.72 | 1.24% | 28.53% |
| Nov 30, 2023 | Gregg Moskowitz | Mizuho Securities | $80.00 | $67.05 | 19.31% | -2.07% |
| Nov 30, 2023 | Keith Bachman | BMO Capital | $80.00 | $67.05 | 19.31% | -2.07% |
| Nov 30, 2023 | Fishbein Jr | Truist Financial | $70.00 | $67.05 | 4.40% | -14.31% |
| Aug 31, 2023 | Ittai Kidron | Oppenheimer | $110.00 | $83.10 | 32.37% | 34.66% |
| Aug 31, 2023 | Alex Henderson | Needham | $100.00 | $83.10 | 20.34% | 22.41% |
| Aug 31, 2023 | Matthew Hedberg | RBC Capital | $112.00 | $83.10 | 34.78% | 37.10% |
| Aug 14, 2023 | Gabriela Borges | Goldman Sachs | $91.00 | $72.97 | 24.71% | 11.40% |
| Mar 02, 2023 | Brian Colley | Stephens | $84.00 | $77.55 | 8.32% | 2.83% |
| Mar 02, 2023 | Trevor Walsh | JMP Securities | $110.00 | $77.62 | 41.72% | 34.66% |
| Mar 02, 2023 | Peter Weed | Bernstein | $83.00 | $71.44 | 16.18% | 1.60% |
| Feb 03, 2023 | RBC Capital | $95.00 | $79.70 | 19.20% | 16.29% | |
| Feb 02, 2023 | Alex Henderson | Needham | $90.00 | $81.38 | 10.59% | 10.17% |
| Jan 04, 2023 | SMBC Nikko | $90.00 | $69.55 | 29.40% | 10.17% | |
| Dec 15, 2022 | Wedbush | $86.00 | $70.91 | 21.28% | 5.28% | |
| Dec 13, 2022 | Cowen & Co. | $70.00 | $71.69 | -2.35% | -14.31% | |
| Dec 05, 2022 | Alex Henderson | Needham | $28.00 | $60.66 | -53.84% | -65.72% |
| Dec 02, 2022 | Stephens | $70.00 | $66.05 | 5.98% | -14.31% | |
| Dec 01, 2022 | Keith Bachman | BMO Capital | $69.00 | $66.60 | 3.60% | -15.53% |
| Dec 01, 2022 | Gregg Moskowitz | Mizuho Securities | $90.00 | $66.60 | 35.14% | 10.17% |
| Dec 01, 2022 | RBC Capital | $80.00 | $53.32 | 50.04% | -2.07% | |
| Dec 01, 2022 | Oppenheimer | $85.00 | $53.32 | 59.41% | 4.05% | |
| Nov 29, 2022 | Jefferies | $80.00 | $50.20 | 59.36% | -2.07% | |
| Nov 14, 2022 | Canaccord Genuity | $70.00 | $51.41 | 36.16% | -14.31% | |
| Nov 14, 2022 | JMP Securities | $105.00 | $54.35 | 93.19% | 28.53% | |
| Nov 11, 2022 | Stephens | $60.00 | $54.35 | 10.40% | -26.55% | |
| Nov 10, 2022 | RBC Capital | $70.00 | $49.25 | 42.13% | -14.31% | |
| Nov 07, 2022 | John Difucci | Guggenheim | $65.00 | $47.24 | 37.60% | -20.43% |
| Oct 06, 2022 | Peter Levine | Evercore ISI | $45.00 | $59.49 | -24.36% | -44.91% |
| Sep 01, 2022 | Hamza Fodderwala | Morgan Stanley | $93.00 | $91.40 | 1.75% | 13.85% |
| Sep 01, 2022 | Hamza Fodderwala | Morgan Stanley | $93.00 | $91.40 | 1.75% | 13.85% |
| Sep 01, 2022 | Rudy Kessinger | D.A. Davidson | $80.00 | $91.40 | -12.47% | -2.07% |
| Sep 01, 2022 | Srini Nandury | Summit Redstone Partners | $125.00 | $91.40 | 36.76% | 53.02% |
| Sep 01, 2022 | Trevor J. Walsh | JMP Securities | $145.00 | $91.40 | 58.64% | 77.50% |
| Sep 01, 2022 | Keith Bachman | BMO Capital | $94.00 | $91.40 | 2.84% | 15.07% |
| Sep 01, 2022 | Brian Colley | Stephens | $80.00 | $91.40 | -12.47% | -2.07% |
| Sep 01, 2022 | Adam Borg | Stifel Nicolaus | $85.00 | $91.40 | -7.00% | 4.05% |
| Jun 18, 2022 | Ittai Kidron | Oppenheimer | $170.00 | $82.67 | 105.64% | 108.10% |
| Jun 03, 2022 | Gregg Moskowitz | Mizuho Securities | $165.00 | $99.65 | 65.58% | 101.98% |
| Jun 03, 2022 | Alex Henderson | Needham | $135.00 | $99.65 | 35.47% | 65.26% |
| Jun 03, 2022 | Trevor Walsh | JMP Securities | $165.00 | $105.80 | 55.95% | 101.98% |
| Jun 03, 2022 | Adam Borg | Stifel Nicolaus | $115.00 | $98.38 | 16.89% | 40.78% |
| Jun 03, 2022 | Rudy Kessinger | D.A. Davidson | $140.00 | $98.38 | 42.31% | 71.38% |
| Jun 03, 2022 | Keith Bachman | BMO Capital | $125.00 | $98.38 | 27.06% | 53.02% |
| Jun 03, 2022 | Patrick Colville | Deutsche Bank | $130.00 | $98.38 | 32.14% | 59.14% |
| Jun 03, 2022 | Trevor J. Walsh | JMP Securities | $165.00 | $98.38 | 67.72% | 101.98% |
| Jun 03, 2022 | Hamza Fodderwala | Morgan Stanley | $150.00 | $98.38 | 52.47% | 83.62% |
| Jun 03, 2022 | Brian Colley | Stephens | $145.00 | $98.38 | 47.39% | 77.50% |
| Jun 02, 2022 | Gray Powell | BTIG | $152.00 | $93.68 | 62.25% | 86.07% |
| May 31, 2022 | Matthew Hedberg | RBC Capital | $145.00 | $83.05 | 74.59% | 77.50% |
| May 31, 2022 | Fatima Boolani | Citigroup | $105.00 | $83.05 | 26.43% | 28.53% |
| May 31, 2022 | Fatima Boolani | Citigroup | $105.00 | $83.05 | 26.43% | 28.53% |
| May 20, 2022 | Keith Weiss | Morgan Stanley | $150.00 | $84.22 | 78.10% | 83.62% |
| May 16, 2022 | Andrew Nowinski | Wells Fargo | $130.00 | $91.51 | 42.06% | 59.14% |
| May 13, 2022 | Rudy Kessinger | D.A. Davidson | $125.00 | $87.69 | 42.55% | 53.02% |
| Apr 04, 2022 | Gregg Moskowitz | Mizuho Securities | $225.00 | $160.42 | 40.26% | 175.43% |
| Mar 21, 2022 | Adam Borg | Stifel Nicolaus | $195.00 | $169.41 | 15.11% | 138.71% |
| Mar 04, 2022 | Imtiaz Koujalgi | Guggenheim | $240.00 | $158.41 | 51.51% | 193.79% |
| Mar 03, 2022 | Jonathan Ruykhaver | Robert W. Baird | $195.00 | $167.98 | 16.09% | 138.71% |
| Mar 03, 2022 | Fatima Boolani | Citigroup | $205.00 | $167.98 | 22.04% | 150.95% |
| Mar 03, 2022 | Matthew Hedberg | RBC Capital | $260.00 | $167.98 | 54.78% | 218.28% |
| Mar 03, 2022 | Alex Henderson | Needham | $235.00 | $167.98 | 39.90% | 187.67% |
| Mar 03, 2022 | Ittai Kidron | Oppenheimer | $250.00 | $167.98 | 48.83% | 206.04% |
| Mar 03, 2022 | Shebly Seyrafi | FBN Securities | $225.00 | $167.98 | 33.94% | 175.43% |
| Mar 03, 2022 | Keith Bachman | BMO Capital | $215.00 | $167.98 | 27.99% | 163.19% |
| Mar 03, 2022 | Sterling Auty | J.P. Morgan | $197.00 | $167.98 | 17.28% | 141.16% |
| Mar 03, 2022 | Rudy Kessinger | D.A. Davidson | $225.00 | $167.98 | 33.94% | 175.43% |
| Mar 03, 2022 | Patrick Colville | Deutsche Bank | $195.00 | $167.98 | 16.09% | 138.71% |
| Feb 22, 2022 | Michael Walkley | Canaccord Genuity | $215.00 | $168.93 | 27.27% | 163.19% |
| Feb 14, 2022 | Gray Powell | BTIG | $273.00 | $189.41 | 44.13% | 234.19% |
| Jan 18, 2022 | Hamza Fodderwala | Morgan Stanley | $270.00 | $197.20 | 36.92% | 230.52% |
| Dec 02, 2021 | Kingsley Crane | Berenberg Bank | $283.00 | $221.18 | 27.95% | 246.43% |
| Sep 02, 2021 | Srini Nandury | Summit Redstone Partners | $300.00 | $271.75 | 10.40% | 267.24% |
| Jun 23, 2021 | Stephen Bersey | Daiwa | $282.00 | $242.49 | 16.29% | 245.21% |
The latest Okta stock forecast, released on Dec 04, 2024 by Rob Owens from Piper Sandler, set a price target of $90.00, which represents a 5.18% increase from the stock price at the time of the forecast ($85.57), and a 10.17% increase from OKTA last price ($81.69).
Okta Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 9 | 35 |
| Avg Price Target | $90.00 | $89.22 | $103.09 |
| Last Closing Price | $81.69 | $81.69 | $81.69 |
| Upside/Downside | 10.17% | 9.22% | 26.20% |
In the current month, the average price target of Okta stock is $90.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.17% increase as opposed to Okta's last price of $81.69. This month's average price target is up 0.87% compared to last quarter, and down -12.70% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 05, 2024 | Bernstein | Market Perform | Outperform | Upgrade |
| Dec 04, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Oct 22, 2024 | Wells Fargo | Underperform | Underperform | Hold |
| Oct 18, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Oct 17, 2024 | WestPark Capital | Market Perform | Market Perform | Hold |
| Oct 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Oct 17, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 17, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 17, 2024 | BTIG | Buy | Buy | Hold |
| Oct 04, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 24, 2024 | WestPark Capital | Market Perform | Market Perform | Hold |
| Sep 03, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Sep 03, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 29, 2024 | BMO Capital | Perform | Perform | Hold |
| Aug 29, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 29, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 29, 2024 | UBS | Buy | Buy | Hold |
| Aug 29, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 27, 2024 | BTIG | Buy | Buy | Hold |
| Aug 26, 2024 | Jefferies | Hold | Hold | Hold |
| Aug 23, 2024 | WestPark Capital | Market Perform | Market Perform | Hold |
| Jul 02, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jun 25, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jun 25, 2024 | UBS | Underperform | Underperform | Hold |
| Jun 03, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jun 03, 2024 | UBS | Underperform | Underperform | Hold |
| Jun 03, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 30, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| May 30, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 30, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 30, 2024 | Susquehanna | Neutral | Neutral | Hold |
| May 30, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 30, 2024 | Evercore ISI | Underperform | Outperform | Upgrade |
| May 30, 2024 | Goldman Sachs | Buy | Buy | Hold |
| May 17, 2024 | WestPark Capital | Market Perform | Market Perform | Hold |
| May 14, 2024 | OTR Global | Mixed | Mixed | Hold |
| Feb 29, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Feb 29, 2024 | JMP Securities | Market Perform | Market Perform | Hold |
| Feb 29, 2024 | BMO Capital | Perform | Perform | Hold |
| Feb 29, 2024 | Needham | Buy | Buy | Hold |
| Feb 29, 2024 | Bernstein | Market Perform | Market Perform | Hold |
| Feb 29, 2024 | Bank of America Securities | Buy | Upgrade | |
| Feb 29, 2024 | WestPark Capital | Buy | Upgrade | |
| Feb 26, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Jan 05, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Nov 30, 2023 | Needham | Buy | Buy | Hold |
| Nov 30, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Nov 30, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| Nov 30, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Nov 30, 2023 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Nov 30, 2023 | Cowen & Co. | Outperform | Sector Weight | Downgrade |
| Oct 26, 2023 | Daiwa | Buy | Upgrade | |
| Aug 31, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 31, 2023 | BMO Capital | Perform | Perform | Hold |
| Aug 31, 2023 | Needham | Buy | Buy | Hold |
| Aug 31, 2023 | Raymond James | Market Perform | Market Perform | Hold |
| Aug 28, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 14, 2023 | Goldman Sachs | Neutral | Buy | Upgrade |
| Jun 01, 2023 | UBS | Buy | Buy | Hold |
| May 02, 2023 | Jefferies | Buy | Hold | Downgrade |
| May 02, 2023 | Citigroup | Buy | Neutral | Downgrade |
| May 02, 2023 | JMP Securities | Market Outperform | Perform | Downgrade |
| May 02, 2023 | Craig-Hallum | Hold | Downgrade | |
| May 02, 2023 | Piper Sandler | Underweight | Overweight | Upgrade |
| May 02, 2023 | OTR Global | Mixed | Upgrade | |
| Apr 18, 2023 | Jefferies | Buy | Buy | Hold |
| Mar 31, 2023 | Capital One Financial | Outperform | Outperform | Hold |
| Mar 02, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Mar 02, 2023 | Needham | Overweight | Overweight | Hold |
| Mar 02, 2023 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Mar 02, 2023 | BMO Capital | Outperform | Outperform | Hold |
| Mar 02, 2023 | Bernstein | Market Perform | Market Perform | Hold |
| Mar 02, 2023 | Cowen & Co. | Market Perform | Outperform | Upgrade |
| Feb 13, 2023 | Citigroup | Neutral | Buy | Initialise |
| Feb 13, 2023 | Ascendiant | Buy | Initialise | |
| Feb 03, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Feb 02, 2023 | Needham | Hold | Buy | Upgrade |
| Jan 13, 2023 | Needham | Hold | Hold | Hold |
| Jan 04, 2023 | SMBC Nikko | Outperform | Initialise | |
| Dec 15, 2022 | Wedbush | Neutral | Outperform | Initialise |
| Dec 13, 2022 | Cowen & Co. | Outperform | Market Perform | Initialise |
| Dec 05, 2022 | Needham | Buy | Buy | Hold |
| Dec 02, 2022 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Dec 01, 2022 | Raymond James | Market Perform | Market Perform | Hold |
| Dec 01, 2022 | Needham | Hold | Hold | Hold |
| Dec 01, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Dec 01, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Dec 01, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Nov 29, 2022 | Jefferies | Buy | Buy | Hold |
| Nov 14, 2022 | Canaccord Genuity | Hold | Hold | Hold |
| Nov 13, 2022 | Citigroup | Neutral | Neutral | Hold |
| Nov 11, 2022 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Nov 11, 2022 | Wolfe Research | Outperform | Outperform | Hold |
| Nov 07, 2022 | Stephens | Overweight | Equal-Weight | Downgrade |
| Nov 07, 2022 | Piper Sandler | Overweight | Underweight | Downgrade |
| Nov 07, 2022 | Goldman Sachs | Buy | Neutral | Downgrade |
| Nov 07, 2022 | Oppenheimer | Outperform | Underperform | Downgrade |
| Nov 07, 2022 | SVB Leerink | Market Perform | Downgrade | |
| Nov 07, 2022 | Benchmark | Hold | Downgrade | |
| Nov 07, 2022 | Scotiabank | Perform | Downgrade | |
| Nov 07, 2022 | Raymond James | Strong Buy | Market Perform | Downgrade |
| Nov 07, 2022 | Susquehanna | Neutral | Downgrade | |
| Nov 07, 2022 | Argus Research | Hold | Downgrade | |
| Nov 07, 2022 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Nov 07, 2022 | Itau BBA | Outperform | Upgrade | |
| Nov 07, 2022 | Jefferies | Hold | Upgrade | |
| Nov 07, 2022 | Guggenheim | Buy | Neutral | Upgrade |
| Nov 07, 2022 | Wolfe Research | Peer Perform | Upgrade | |
| Nov 07, 2022 | Guggenheim | Neutral | Buy | Upgrade |
| Oct 06, 2022 | Evercore ISI | Outperform | Underperform | Initialise |
| Sep 22, 2022 | Cowen & Co. | Outperform | Initialise | |
| Sep 22, 2022 | MoffettNathanson | Buy | Initialise | |
| Sep 22, 2022 | Citigroup | Buy | Initialise | |
| Sep 22, 2022 | Goldman Sachs | Buy | Initialise | |
| Sep 22, 2022 | RBC Capital | Outperform | Initialise | |
| Sep 22, 2022 | Wedbush | Neutral | Initialise | |
| Sep 22, 2022 | Raymond James | Market Perform | Strong Buy | Initialise |
| Sep 02, 2022 | Evercore ISI | Outperform | Initialise | |
| Sep 02, 2022 | Atlantic Equities | Overweight | Initialise | |
| Sep 02, 2022 | Guggenheim | Buy | Neutral | Upgrade |
| Sep 01, 2022 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Sep 01, 2022 | Stephens | Overweight | Overweight | Hold |
| Sep 01, 2022 | Raymond James | Market Perform | Market Perform | Hold |
| Sep 01, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Aug 29, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Aug 26, 2022 | Needham | Buy | Buy | Hold |
| Jun 18, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Jun 13, 2022 | JMP Securities | Outperform | Outperform | Hold |
| Jun 03, 2022 | Raymond James | Market Perform | Market Perform | Hold |
| Jun 03, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jun 03, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 03, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 20, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| May 16, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 26, 2022 | Zacks Investment Research | Hold | Upgrade | |
| Mar 08, 2022 | Mizuho Securities | Buy | Upgrade | |
| Mar 05, 2022 | Guggenheim | Buy | Buy | Hold |
| Feb 14, 2022 | BTIG | Buy | Buy | Hold |
Okta's last stock rating was published by Bernstein on Dec 05, 2024. The company Upgrade its OKTA rating from "Market Perform" to "Outperform".
Okta Financial Forecast
Okta Revenue Forecast
Quarter
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $605.00K | $584.00M | $556.00K | - | $510.00M | $481.04M | $451.81M | - | $383.01M | $350.68M | $315.50M | - | $234.74M | $217.38M | $200.45M | - | $167.33M | $153.04M |
| Avg Forecast | $788.70M | $772.15M | $747.92M | $727.24M | $716.29M | $707.73M | $690.16M | $670.11M | $668.40M | $649.74M | $632.60M | $604.35M | $587.20M | $560.58M | $534.67M | $511.02M | $489.86M | $465.36M | $430.70M | $388.85M | $359.91M | $327.24M | $296.72M | $238.63M | $222.51M | $202.82M | $186.26M | $171.78M | $156.60M | $143.88M |
| High Forecast | $801.61M | $784.78M | $760.16M | $739.13M | $728.01M | $719.31M | $701.45M | $681.08M | $674.52M | $651.32M | $632.60M | $604.35M | $587.21M | $566.83M | $543.42M | $519.38M | $497.87M | $478.59M | $442.96M | $399.92M | $370.16M | $336.55M | $305.17M | $245.42M | $228.84M | $208.59M | $191.57M | $176.67M | $161.06M | $147.98M |
| Low Forecast | $787.36M | $770.83M | $746.65M | $726.00M | $715.07M | $706.52M | $688.99M | $668.97M | $667.43M | $649.32M | $632.60M | $604.35M | $587.18M | $559.62M | $533.76M | $510.15M | $489.03M | $463.98M | $429.44M | $387.71M | $358.86M | $326.28M | $295.85M | $237.93M | $221.86M | $202.22M | $185.72M | $171.28M | $156.14M | $143.46M |
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 24 | 18 | 12 | 18 | 24 | 12 | 14 | 12 | 21 | 11 | 21 | 11 | 12 | 18 | 12 | 18 | 5 | 5 | 5 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 1.04% | 0.00% | - | 1.04% | 1.03% | 1.05% | - | 1.06% | 1.07% | 1.06% | - | 1.05% | 1.07% | 1.08% | - | 1.07% | 1.06% |
Forecast
Okta's average Quarter revenue forecast for May 24 based on 12 analysts is $604.35M, with a low forecast of $604.35M, and a high forecast of $604.35M. OKTA's average Quarter revenue forecast represents a 99792.22% increase compared to the company's last Quarter revenue of $605.00K (Jan 24).
Okta EBITDA Forecast
Quarter
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 24 | 18 | 12 | 18 | 24 | 12 | 14 | 12 | 21 | 11 | 21 | 11 | 12 | 18 | 12 | 18 | 5 | 5 | 5 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-55.00K | $-65.00M | $-145.00K | - | $-106.00M | $-174.11M | $-173.65M | - | $-181.30M | $-165.77M | $-229.50M | - | $-39.27M | $-39.18M | $-36.38M | - | $-33.48M | $-50.90M |
| Avg Forecast | $-218.57M | $-213.99M | $-207.27M | $-201.54M | $-198.51M | $-196.13M | $-191.26M | $-185.71M | $-185.23M | $-180.06M | $-175.31M | $-274.21M | $-162.73M | $-155.36M | $-148.18M | $-249.29M | $-280.36M | $-132.22M | $-122.37M | $-226.62M | $-102.26M | $-92.98M | $-84.31M | $-282.75M | $-63.22M | $-57.63M | $-52.92M | $-54.24M | $-44.49M | $-40.88M |
| High Forecast | $-218.20M | $-213.62M | $-206.92M | $-201.20M | $-198.17M | $-195.80M | $-190.94M | $-185.39M | $-184.96M | $-179.95M | $-175.31M | $-219.37M | $-162.73M | $-155.09M | $-147.92M | $-199.43M | $-224.29M | $-131.83M | $-122.01M | $-181.30M | $-101.96M | $-92.70M | $-84.06M | $-226.20M | $-63.04M | $-57.46M | $-52.77M | $-43.39M | $-44.36M | $-40.76M |
| Low Forecast | $-222.15M | $-217.49M | $-210.66M | $-204.84M | $-201.75M | $-199.34M | $-194.39M | $-188.75M | $-186.93M | $-180.50M | $-175.31M | $-329.06M | $-162.73M | $-157.09M | $-150.60M | $-299.14M | $-336.43M | $-135.98M | $-125.86M | $-271.95M | $-105.17M | $-95.62M | $-86.71M | $-339.30M | $-65.02M | $-59.27M | $-54.43M | $-65.09M | $-45.76M | $-42.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.42% | 0.00% | - | 0.38% | 1.32% | 1.42% | - | 1.77% | 1.78% | 2.72% | - | 0.62% | 0.68% | 0.69% | - | 0.75% | 1.25% |
Forecast
undefined analysts predict OKTA's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Okta's previous annual EBITDA (undefined) of $NaN.
Okta Net Income Forecast
Quarter
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 24 | 18 | 12 | 18 | 24 | 12 | 14 | 12 | 21 | 11 | 21 | 11 | 12 | 18 | 12 | 18 | 5 | 5 | 5 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-44.00K | $-81.00M | $-111.00K | - | $-153.00M | $-208.90M | $-210.47M | - | $-241.19M | $-221.31M | $-276.68M | - | $-75.81M | $-72.76M | $-60.10M | - | $-50.47M | $-63.49M |
| Avg Forecast | $145.49M | $135.67M | $134.03M | $130.45M | $130.16M | $123.34M | $124.14M | $119.25M | $125.11M | $99.78M | $104.09M | $-364.79M | $86.81M | $50.40M | $36.92M | $-331.63M | $-374.29M | $-42.23M | $-53.21M | $-301.48M | $-42.18M | $-41.63M | $-61.55M | $-545.80M | $-2.01M | $-1.72M | $-3.30M | $-81.76M | $-7.97M | $-21.23M |
| High Forecast | $148.59M | $138.56M | $136.88M | $133.23M | $132.93M | $125.96M | $126.78M | $121.79M | $126.82M | $101.53M | $104.16M | $-291.84M | $86.84M | $51.47M | $37.70M | $-265.30M | $-299.43M | $-42.07M | $-53.01M | $-241.19M | $-42.02M | $-41.47M | $-61.32M | $-436.64M | $-2.00M | $-1.72M | $-3.28M | $-65.41M | $-7.94M | $-21.15M |
| Low Forecast | $145.17M | $135.37M | $133.73M | $130.16M | $129.87M | $123.07M | $123.87M | $118.99M | $124.83M | $92.78M | $104.01M | $-437.75M | $86.78M | $48.72M | $36.83M | $-397.96M | $-449.15M | $-43.80M | $-55.18M | $-361.78M | $-43.74M | $-43.17M | $-63.83M | $-654.96M | $-2.08M | $-1.79M | $-3.42M | $-98.12M | $-8.26M | $-22.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | -1.61% | -0.00% | - | 0.41% | 4.95% | 3.96% | - | 5.72% | 5.32% | 4.49% | - | 37.79% | 42.18% | 18.23% | - | 6.33% | 2.99% |
Forecast
Okta's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. OKTA's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Okta SG&A Forecast
Quarter
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 24 | 18 | 12 | 18 | 24 | 12 | 14 | 12 | 21 | 11 | 21 | 11 | 12 | 18 | 12 | 18 | 5 | 5 | 5 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $359.00K | $381.00M | $380.00K | - | $359.00M | $401.50M | $366.34M | - | $330.49M | $309.03M | $355.43M | - | $165.88M | $154.30M | $140.82M | - | $123.99M | $116.11M |
| Avg Forecast | $609.69M | $596.90M | $578.17M | $562.18M | $553.72M | $547.10M | $533.52M | $518.02M | $516.69M | $502.27M | $489.02M | $499.86M | $453.92M | $433.35M | $413.32M | $454.42M | $378.68M | $359.74M | $332.94M | $300.60M | $278.22M | $252.97M | $229.38M | $184.47M | $172.01M | $156.78M | $143.99M | $132.80M | $121.06M | $111.23M |
| High Forecast | $619.67M | $606.66M | $587.63M | $571.38M | $562.78M | $556.05M | $542.25M | $526.50M | $521.43M | $503.49M | $489.02M | $599.83M | $453.94M | $438.18M | $420.08M | $545.30M | $384.87M | $369.97M | $342.42M | $309.15M | $286.14M | $260.17M | $235.91M | $189.72M | $176.90M | $161.25M | $148.09M | $136.58M | $124.50M | $114.39M |
| Low Forecast | $608.66M | $595.88M | $577.19M | $561.22M | $552.78M | $546.17M | $532.61M | $517.14M | $515.94M | $501.95M | $489.02M | $399.89M | $453.91M | $432.61M | $412.62M | $363.53M | $378.04M | $358.68M | $331.97M | $299.72M | $277.41M | $252.22M | $228.70M | $183.93M | $171.50M | $156.32M | $143.57M | $132.41M | $120.70M | $110.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.88% | 0.00% | - | 0.95% | 1.12% | 1.10% | - | 1.19% | 1.22% | 1.55% | - | 0.96% | 0.98% | 0.98% | - | 1.02% | 1.04% |
Forecast
Okta's average Quarter SG&A projection for May 24 is $499.86M, based on 12 Wall Street analysts, with a range of $399.89M to $599.83M. The forecast indicates a 139136.37% rise compared to OKTA last annual SG&A of $359.00K (Jan 24).
Okta EPS Forecast
Quarter
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 18 | 14 | 12 | 14 | 12 | 21 | 11 | 21 | 24 | 24 | 18 | 12 | 18 | 24 | 12 | 14 | 12 | 21 | 11 | 21 | 11 | 12 | 18 | 12 | 18 | 5 | 5 | 5 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.49 | $-0.00 | - | $-0.96 | $-1.32 | $-1.34 | - | $-1.56 | $-1.44 | $-1.83 | - | $-0.58 | $-0.56 | $-0.48 | - | $-0.42 | $-0.53 |
| Avg Forecast | $0.85 | $0.79 | $0.79 | $0.76 | $0.76 | $0.72 | $0.73 | $0.70 | $0.73 | $0.58 | $0.61 | $0.54 | $0.51 | $0.30 | $0.22 | $0.12 | $0.09 | $-0.24 | $-0.31 | $-0.34 | $-0.24 | $-0.24 | $-0.35 | $-0.20 | $-0.01 | $-0.01 | $-0.02 | $-0.18 | $-0.05 | $-0.12 |
| High Forecast | $0.87 | $0.81 | $0.80 | $0.78 | $0.78 | $0.74 | $0.74 | $0.71 | $0.74 | $0.59 | $0.61 | $0.54 | $0.51 | $0.30 | $0.22 | $0.12 | $0.09 | $-0.24 | $-0.30 | $-0.34 | $-0.24 | $-0.24 | $-0.35 | $-0.20 | $-0.01 | $-0.01 | $-0.02 | $-0.17 | $-0.05 | $-0.12 |
| Low Forecast | $0.85 | $0.79 | $0.78 | $0.76 | $0.76 | $0.72 | $0.73 | $0.70 | $0.73 | $0.54 | $0.61 | $0.54 | $0.51 | $0.29 | $0.22 | $0.12 | $0.09 | $-0.25 | $-0.32 | $-0.35 | $-0.25 | $-0.25 | $-0.37 | $-0.21 | $-0.01 | $-0.01 | $-0.02 | $-0.18 | $-0.05 | $-0.13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | -1.66% | -0.00% | - | -10.57% | 5.45% | 4.39% | - | 6.45% | 6.03% | 5.19% | - | 50.43% | 56.63% | 25.40% | - | 9.19% | 4.35% |
Forecast
According to undefined Wall Street analysts, Okta's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to OKTA previous annual EPS of $NaN (undefined).
Okta Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PANW | Palo Alto Networks | $201.24 | $400.29 | 98.91% | Buy |
| ADBE | Adobe | $455.23 | $614.25 | 34.93% | Buy |
| MDB | MongoDB | $265.10 | $350.00 | 32.03% | Buy |
| NTNX | Nutanix | $66.14 | $78.75 | 19.07% | Buy |
| OKTA | Okta | $85.42 | $93.38 | 9.32% | Hold |
| ZS | Zscaler | $200.45 | $209.91 | 4.72% | Buy |
| PATH | UiPath | $13.91 | $14.50 | 4.24% | Hold |
| CRWD | CrowdStrike | $376.42 | $349.42 | -7.17% | Buy |
| NET | Cloudflare | $117.56 | $89.75 | -23.66% | Hold |