Okta
(NASDAQ:OKTA)
$86.06
-1.36[-1.56%]
At close: Jun 10
$86.06
0[0.00%]
PreMarket: 4:13AM EDT
Consensus Rating1
Buy
Highest Price Target1
$140.00
Lowest Price Target1
$70.00
Consensus Price Target1
$94.60

Okta Stock (NASDAQ:OKTA), Analyst Ratings, Price Targets, Predictions

Okta Inc has a consensus price target of $94.6, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from BMO Capital, JP Morgan, and UBS on June 3, 2024, May 30, 2024, and May 30, 2024. With an average price target of $110 between BMO Capital, JP Morgan, and UBS, there's an implied 27.82% upside for Okta Inc from these 3 analyst ratings.

Analyst Trend
2
Jan
7
6
Feb
1
Mar
5
3
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
JP Morgan
UBS
Susquehanna
Evercore ISI Group

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Okta

Buy NowGet Alert
06/03/2024Buy Now16.2%BMO Capital
Keith Bachman
$110 → $100MaintainsMarket PerformGet Alert
05/30/2024Buy Now27.82%JP Morgan
Brian Essex
$105 → $110MaintainsNeutralGet Alert
05/30/2024Buy Now39.44%UBS
Roger Boyd
$130 → $120MaintainsBuyGet Alert
05/30/2024Buy Now27.82%Susquehanna
Shyam Patil
$115 → $110MaintainsNeutralGet Alert
05/30/2024Buy Now41.76%Evercore ISI Group
Peter Levine
$102 → $122UpgradeIn-Line → OutperformGet Alert
05/30/2024Buy Now51.06%Needham
Alex Henderson
$130 → $130ReiteratesBuy → BuyGet Alert
05/29/2024Buy Now51.06%Wedbush
Taz Koujalgi
$130 → $130ReiteratesOutperform → OutperformGet Alert
05/17/2024Buy Now27.82%Mizuho
Gregg Moskowitz
$105 → $110MaintainsNeutralGet Alert
05/10/2024Buy Now51.06%Wedbush
Taz Koujalgi
→ $130ReiteratesOutperform → OutperformGet Alert
03/04/2024Buy Now33.63%Susquehanna
Shyam Patil
→ $115MaintainsNeutralGet Alert
02/29/2024Buy Now25.49%Baird
Shrenik Kothari
$90 → $108MaintainsOutperformGet Alert
02/29/2024Buy Now18.52%Evercore ISI Group
Peter Levine
$70 → $102MaintainsIn-LineGet Alert
02/29/2024Buy Now45.25%RBC Capital
Matthew Hedberg
$95 → $125MaintainsOutperformGet Alert
02/29/2024Buy Now22.01%JP Morgan
Brian Essex
$88 → $105MaintainsNeutralGet Alert
02/29/2024Buy Now45.25%Oppenheimer
Ittai Kidron
$110 → $125MaintainsOutperformGet Alert
02/29/2024Buy Now56.87%B of A Securities
Madeline Brooks
$64 → $135UpgradeUnderperform → BuyGet Alert
02/29/2024Buy Now22.01%Mizuho
Gregg Moskowitz
$90 → $105MaintainsNeutralGet Alert
02/29/2024Buy Now39.44%Goldman Sachs
Gabriela Borges
$105 → $120MaintainsBuyGet Alert
02/29/2024Buy Now22.01%Truist Securities
Gregory Miller
$85 → $105ReiteratesHold → HoldGet Alert
02/29/2024Buy Now27.82%Piper Sandler
Rob Owens
$85 → $110MaintainsNeutralGet Alert
02/29/2024Buy Now27.82%BMO Capital
Keith Bachman
$80 → $110MaintainsMarket PerformGet Alert
02/29/2024Buy Now10.39%Canaccord Genuity
Michael Walkley
$85 → $95MaintainsHoldGet Alert
02/29/2024Buy Now32.47%Bernstein
Peter Weed
$84 → $114MaintainsMarket PerformGet Alert
02/29/2024Buy Now62.68%WestPark Capital
Casey Ryan
→ $140UpgradeHold → BuyGet Alert
02/26/2024Buy Now2.25%JP Morgan
Brian Essex
$74 → $88MaintainsNeutralGet Alert
02/01/2024Buy NowGoldman Sachs
Gabriela Borges
MaintainsBuyGet Alert
01/16/2024Buy Now-1.23%Truist Securities
Gregory Miller
$70 → $85MaintainsHoldGet Alert
01/10/2024Buy Now-1.23%Citigroup
Fatima Boolani
$75 → $85MaintainsNeutralGet Alert
01/08/2024Buy Now-1.23%Mizuho
Gregg Moskowitz
→ $85DowngradeBuy → NeutralGet Alert
01/05/2024Buy Now10.39%Jefferies
Brent Thill
$85 → $95DowngradeBuy → HoldGet Alert

FAQ

Q

What is the target price for Okta (OKTA)?

A

The latest price target for Okta (NASDAQ: OKTA) was reported by BMO Capital on June 3, 2024. The analyst firm set a price target for $100.00 expecting OKTA to rise to within 12 months (a possible 16.20% upside). 81 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Okta (OKTA)?

A

The latest analyst rating for Okta (NASDAQ: OKTA) was provided by BMO Capital, and Okta maintained their market perform rating.

Q

When was the last upgrade for Okta (OKTA)?

A

The last upgrade for Okta Inc happened on May 30, 2024 when Evercore ISI Group raised their price target to $122. Evercore ISI Group previously had an in-line for Okta Inc.

Q

When was the last downgrade for Okta (OKTA)?

A

The last downgrade for Okta Inc happened on January 8, 2024 when Mizuho changed their price target from N/A to $85 for Okta Inc.

Q

When is the next analyst rating going to be posted or updated for Okta (OKTA)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Okta, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Okta was filed on June 3, 2024 so you should expect the next rating to be made available sometime around June 3, 2025.

Q

Is the Analyst Rating Okta (OKTA) correct?

A

While ratings are subjective and will change, the latest Okta (OKTA) rating was a maintained with a price target of $110.00 to $100.00. The current price Okta (OKTA) is trading at is $86.06, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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