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Okta (OKTA) Stock Forecast & Price Target

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$83.60 +0.32 (+0.38%)
(As of 05:45 PM ET)

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
15
Buy
16

Based on 32 Wall Street analysts who have issued ratings for Okta in the last 12 months, the stock has a consensus rating of "Hold." Out of the 32 analysts, 1 has given a sell rating, 15 have given a hold rating, and 16 have given a buy rating for OKTA.

Consensus Price Target

$104.45
24.94% Upside
According to the 32 analysts' twelve-month price targets for Okta, the average price target is $104.45. 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 24.94% from the current price of $83.60.
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OKTA Analyst Ratings Over Time

TypeCurrent Forecast
12/24/23 to 12/23/24
1 Month Ago
11/24/23 to 11/23/24
3 Months Ago
9/25/23 to 9/24/24
1 Year Ago
12/24/22 to 12/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
14 Buy rating(s)
Hold
15 Hold rating(s)
19 Hold rating(s)
17 Hold rating(s)
18 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$104.45$98.30$104.62$87.50
Forecasted Upside24.94% Upside28.38% Upside37.97% Upside-2.08% Downside
Consensus Rating
Hold
Hold
Hold
Hold

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
2.47
2.68
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside26.76% Upside268.86% Upside14.98% Upside
News Sentiment Rating
Neutral News

See Recent OKTA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetHold ➝ Hold$100.00 ➝ $90.00+10.77%
12/19/2024KeyCorp
3 of 5 stars
E. Heath
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UpgradeSector Weight ➝ Overweight$115.00+41.26%
12/17/2024Sanford C. Bernstein
3 of 5 stars
P. Weed
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Lower TargetOutperform ➝ Outperform$129.00 ➝ $124.00+47.15%
12/17/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$105.00 ➝ $115.00+35.68%
12/16/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$100.00+21.97%
12/5/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$80.00 ➝ $95.00+9.88%
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12/4/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$101.00 ➝ $101.00+17.13%
12/4/2024JMP Securities
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 Reiterated RatingMarket Perform ➝ Market Perform
12/4/2024Scotiabank
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 Boost TargetSector Perform ➝ Sector Perform$92.00 ➝ $96.00+14.52%
12/4/2024Canaccord Genuity Group
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 Boost TargetHold ➝ Hold$82.00 ➝ $94.00+9.60%
12/4/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$97.00 ➝ $107.00+30.95%
12/4/2024BTIG Research
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 Boost TargetBuy$98.00 ➝ $110.00+34.62%
12/4/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$90.00 ➝ $95.00+16.26%
12/4/2024DA Davidson
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 Boost TargetNeutral ➝ Neutral$75.00 ➝ $90.00+10.15%
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%
12/4/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$103.00 ➝ $105.00+28.50%
12/4/2024Truist Financial
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 Reiterated RatingHold ➝ Hold$80.00 ➝ $92.00+12.59%
12/4/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$108.00 ➝ $115.00+40.74%
12/4/2024Susquehanna
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 Boost TargetNeutral ➝ Neutral$85.00 ➝ $95.00+16.26%
12/4/2024Barclays
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S. Kalia
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Boost TargetEqual Weight ➝ Equal Weight$81.00 ➝ $96.00+17.49%
12/4/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$100.00 ➝ $115.00+40.74%
12/4/2024Westpark Capital
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 Reiterated RatingBuy ➝ Buy$140.00 ➝ $140.00+71.34%
12/2/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$92.00 ➝ $97.00+25.06%
11/12/2024Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$115.00 ➝ $85.00+8.35%
10/17/2024Mizuho
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Gregg Moskowitz
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Lower TargetNeutral ➝ Neutral$104.00 ➝ $92.00+22.98%
8/29/2024UBS Group
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 Lower TargetBuy ➝ Buy$120.00 ➝ $108.00+28.57%
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%
2/29/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$110.00 ➝ $125.00+18.55%
11/30/2023TD Cowen
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 Reiterated RatingOutperform ➝ Market Perform$100.00 ➝ $74.00+4.56%
8/31/2023Stephens
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 Reiterated RatingEqual Weight ➝ Equal Weight$90.00+9.45%
8/31/2023Macquarie
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 Boost TargetNeutral ➝ Neutral$83.00 ➝ $85.00+15.54%
3/2/2023Moffett Nathanson
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 Boost TargetUnderperform$71.00 ➝ $85.00+18.98%
1/4/2023Sumitomo Mitsui Financial Group
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 Initiated CoverageOutperform$90.00+29.40%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:01 PM ET.


OKTA Forecast - Frequently Asked Questions

According to the research reports of 32 Wall Street equities research analysts, the average twelve-month stock price forecast for Okta is $104.45, with a high forecast of $140.00 and a low forecast of $75.00.

32 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Okta in the last twelve months. There is currently 1 sell rating, 15 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OKTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OKTA, but not buy additional shares or sell existing shares.

According to analysts, Okta's stock has a predicted upside of 24.94% based on their 12-month stock forecasts.

Over the previous 90 days, Okta's stock had 4 upgrades and 1 downgrade by analysts.

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


This page (NASDAQ:OKTA) was last updated on 12/23/2024 by MarketBeat.com Staff
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