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Okta (OKTA) Stock Forecast & Price Target

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$101.63 -0.10 (-0.10%)
Closing price 04:00 PM Eastern
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$101.75 +0.12 (+0.12%)
As of 07:58 PM Eastern
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Okta - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
13
Buy
20

Based on 34 Wall Street analysts who have issued ratings for Okta in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 34 analysts, 1 has given a sell rating, 13 have given a hold rating, 19 have given a buy rating, and 1 has given a strong buy rating for OKTA.

Consensus Price Target

$116.09
14.23% Upside
According to the 34 analysts' twelve-month price targets for Okta, the average price target is $116.09. The highest price target for OKTA is $140.00, while the lowest price target for OKTA is $75.00. The average price target represents a forecasted upside of 14.23% from the current price of $101.63.
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OKTA Analyst Ratings Over Time

TypeCurrent Forecast
4/10/24 to 4/10/25
1 Month Ago
3/11/24 to 3/11/25
3 Months Ago
1/11/24 to 1/10/25
1 Year Ago
4/11/23 to 4/10/24
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
19 Buy rating(s)
18 Buy rating(s)
16 Buy rating(s)
11 Buy rating(s)
Hold
13 Hold rating(s)
13 Hold rating(s)
15 Hold rating(s)
20 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$116.09$114.39$104.45$100.39
Forecasted Upside14.23% Upside6.90% Upside23.80% Upside0.94% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold
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OKTA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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OKTA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Okta Stock vs. The Competition

TypeOktaComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.59
2.67
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside14.12% Upside7,243.60% Upside24.79% Upside
News Sentiment Rating
Positive News

See Recent OKTA News
Positive News
Positive News
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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/1/2025Stephens
4 of 5 stars
Brian Colley
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Initiated CoverageEqual Weight ➝ Equal Weight$127.00+21.24%
3/31/2025Cantor Fitzgerald
4 of 5 stars
Jonathan Ruykhaver
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Initiated CoverageOverweight$130.00+20.38%
3/18/2025Morgan Stanley
3 of 5 stars
 Set Target$125.00+11.17%
3/10/2025BMO Capital Markets
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 Boost TargetMarket Perform$105.00 ➝ $130.00+15.62%
3/4/2025BTIG Research
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 Reiterated RatingBuy ➝ Buy
3/4/2025UBS Group
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 Set Target$135.00+27.34%
3/4/2025Stifel Nicolaus
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Adam Borg
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Boost TargetBuy ➝ Buy$115.00 ➝ $120.00+16.61%
3/4/2025Susquehanna
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Shyam Patil
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Boost TargetNeutral ➝ Neutral$95.00 ➝ $105.00+2.04%
3/4/2025Truist Financial
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Joel Fishbein
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Boost TargetHold ➝ Hold$92.00 ➝ $100.00-3.78%
3/4/2025Citigroup
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Fatima Boolani
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Boost TargetNeutral ➝ Neutral$100.00 ➝ $110.00+6.76%
3/4/2025Oppenheimer
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Shaul Eyal
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Boost TargetOutperform ➝ Outperform$125.00 ➝ $135.00+29.65%
3/4/2025Robert W. Baird
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Shrenik Kothari
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Boost TargetOutperform ➝ Outperform$115.00 ➝ $130.00+27.53%
3/4/2025Royal Bank of Canada
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Matthew Hedberg
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Boost TargetOutperform ➝ Outperform$115.00 ➝ $120.00+17.72%
3/4/2025Scotiabank
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Patrick Colville
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Boost TargetSector Perform ➝ Sector Perform$94.00 ➝ $109.00+10.78%
3/4/2025The Goldman Sachs Group
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Gabriela Borges
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Boost TargetBuy ➝ Buy$107.00 ➝ $123.00+25.00%
3/4/2025KeyCorp
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E. Heath
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Boost TargetOverweight ➝ Overweight$125.00 ➝ $135.00+54.89%
3/4/2025Wells Fargo & Company
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Andrew Nowinski
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Boost TargetEqual Weight ➝ Equal Weight$95.00 ➝ $100.00+14.73%
3/4/2025Canaccord Genuity Group
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Richard Davis
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Boost TargetHold ➝ Hold$94.00 ➝ $100.00+14.73%
3/4/2025Jefferies Financial Group
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Joseph Gallo
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Boost TargetHold ➝ Hold$90.00 ➝ $110.00+26.20%
3/4/2025Needham & Company LLC
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Mike Cikos
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Reiterated RatingBuy ➝ Buy$115.00 ➝ $115.00+31.94%
3/4/2025Barclays
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S. Kalia
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Boost TargetEqual Weight ➝ Equal Weight$105.00 ➝ $115.00+31.94%
3/4/2025DA Davidson
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Rudy Kessinger
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UpgradeNeutral ➝ Buy$90.00 ➝ $125.00+43.41%
3/4/2025Mizuho
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Gregg Moskowitz
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UpgradeNeutral ➝ Outperform$110.00 ➝ $127.00+45.71%
2/28/2025JPMorgan Chase & Co.
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Brian Essex
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Boost TargetOverweight ➝ Overweight$100.00 ➝ $105.00+16.47%
2/28/2025Westpark Capital
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Casey Ryan
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Reiterated RatingBuy ➝ Buy$140.00 ➝ $140.00+56.97%
12/17/2024Sanford C. Bernstein
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P. Weed
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Lower TargetOutperform ➝ Outperform$129.00 ➝ $124.00+47.15%
12/4/2024JMP Securities
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 Reiterated RatingMarket Perform ➝ Market Perform
12/4/2024Guggenheim
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 Reiterated RatingBuy ➝ Buy$130.00 ➝ $130.00+59.10%
12/4/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$85.00 ➝ $90.00+10.15%
11/12/2024Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$115.00 ➝ $85.00+8.35%
8/29/2024Bank of America
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 DowngradeBuy ➝ Underperform$135.00 ➝ $75.00-22.31%
5/30/2024Evercore ISI
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P. Levine
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UpgradeIn-Line ➝ Outperform$102.00 ➝ $122.00+26.61%
5/29/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$130.00 ➝ $130.00+35.21%
11/30/2023TD Cowen
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 Reiterated RatingOutperform ➝ Market Perform$100.00 ➝ $74.00+4.56%
8/31/2023Macquarie
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 Boost TargetNeutral ➝ Neutral$83.00 ➝ $85.00+15.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:41 PM ET.


Should I Buy Okta Stock? OKTA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 3, 2025. Please send any questions or comments about these Okta pros and cons to contact@marketbeat.com.

Okta
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Okta, Inc.:

  • Okta, Inc. has a comprehensive suite of identity management products, including the latest Adaptive Multi-Factor Authentication, which enhances security for users accessing applications across various platforms.
  • The company has shown strong growth potential, with recent insider sales indicating confidence in the company's future performance, as insiders sold 761,197 shares worth over $70 million in the last quarter.
  • Okta, Inc. is well-positioned in the growing identity management market, which is increasingly critical as organizations prioritize cybersecurity and secure access to their digital resources.
  • The current stock price reflects a favorable valuation for investors looking to enter the market, as it provides an opportunity to invest in a leading identity management provider.
  • With a robust product offering, including Universal Directory and API Access Management, Okta, Inc. is equipped to meet the diverse needs of organizations, enhancing its appeal to a broad customer base.

Okta
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Okta, Inc. for these reasons:

  • Despite its growth, Okta, Inc. faces intense competition in the identity management space, which could impact its market share and pricing power.
  • The recent insider sales, while indicating confidence, may also raise concerns about the company's future performance and the potential for stock price volatility.
  • As a technology company, Okta, Inc. is subject to rapid changes in technology and customer preferences, which could affect its product relevance and sales.
  • Investors should consider the overall economic environment, as fluctuations in market conditions can impact technology spending by organizations, potentially affecting Okta, Inc.'s revenue growth.
  • With 7.00% of the stock currently owned by insiders, any significant changes in insider ownership could lead to uncertainty regarding the company's strategic direction.

OKTA Forecast - Frequently Asked Questions

According to the research reports of 34 Wall Street equities research analysts, the average twelve-month stock price forecast for Okta is $116.09, with a high forecast of $140.00 and a low forecast of $75.00.

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Okta in the last twelve months. There is currently 1 sell rating, 13 hold ratings, 19 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OKTA shares.

According to analysts, Okta's stock has a predicted upside of 14.23% based on their 12-month stock forecasts.

Over the previous 90 days, Okta's stock had 3 upgrades by analysts.

Analysts like Okta less than other "computer and technology" companies. The consensus rating score for Okta is 2.59 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how OKTA compares to other companies.


This page (NASDAQ:OKTA) was last updated on 4/10/2025 by MarketBeat.com Staff
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