Okta, Inc. (OKTA)
NASDAQ: OKTA · Real-Time Price · USD
107.99
-3.21 (-2.89%)
At close: Mar 28, 2025, 4:00 PM
107.33
-0.66 (-0.61%)
After-hours: Mar 28, 2025, 7:48 PM EDT

Okta Stock Forecast

Stock Price Forecast

The 32 analysts with 12-month price forecasts for Okta stock have an average target of 114.13, with a low estimate of 75 and a high estimate of 140. The average target predicts an increase of 5.69% from the current stock price of 107.99.

Analyst Consensus: Buy
Target Low Average Median High
Price $75 $114.13 $120 $140
Change -30.55% +5.69% +11.12% +29.64%

Analyst Ratings

The average analyst rating for Okta stock from 33 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 878889
Buy 5599910
Hold 202218171713
Sell 111111
Strong Sell 000000
Total 343536353533

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$106$125
Buy Maintains $106$125 +15.75% Mar 18, 2025
Susquehanna
Susquehanna
Hold
Maintains
$95$105
Hold Maintains $95$105 -2.77% Mar 4, 2025
Stifel
Stifel
Strong Buy
Maintains
$115$120
Strong Buy Maintains $115$120 +11.12% Mar 4, 2025
Truist Securities
Truist Securities
Hold
Maintains
$92$100
Hold Maintains $92$100 -7.40% Mar 4, 2025
Citigroup
Citigroup
Hold
Maintains
$100$110
Hold Maintains $100$110 +1.86% Mar 4, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
2.88B
from 2.61B
Increased by 10.34%
Revenue Next Year
3.17B
from 2.88B
Increased by 9.93%
EPS This Year
3.00
from 0.15
Increased by 1,886.12%
EPS Next Year
3.37
from 3.00
Increased by 12.39%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jan 31, 2021 Jan 31, 2022 Jan 31, 2023 Jan 31, 2024 Jan 31, 2025 Jan 31, 2026 Jan 31, 2027 Jan 31, 2028
Revenue
835.00M1.30B1.86B2.26B2.61B2.88B3.17B3.57B
Revenue Growth
42.48%55.69%42.92%21.80%15.33%10.34%9.93%12.79%
EPS
-2.09-5.73-5.16-2.170.153.003.374.20
EPS Growth
-----1,886.12%12.39%24.71%
Forward PE
-----36.0232.0525.70
No. Analysts -----433210
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 3.1B 3.6B 3.8B
Avg 2.9B 3.2B 3.6B
Low 2.7B 2.9B 3.4B

Revenue Growth

Revenue Growth 20262027202820292030
High
18.7%
25.0%
19.6%
Avg
10.3%
9.9%
12.8%
Low
4.1%
0.3%
6.6%

EPS Forecast

EPS 20262027202820292030
High 3.70 5.10 5.33
Avg 3.00 3.37 4.20
Low 2.77 2.99 3.56

EPS Growth

EPS Growth 20262027202820292030
High
2,348.8%
70.2%
58.3%
Avg
1,886.1%
12.4%
24.7%
Low
1,737.5%
-0.3%
5.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.