Okta, Inc. (OKTA)
NASDAQ: OKTA · Real-Time Price · USD
97.48
-2.70 (-2.70%)
At close: Jun 13, 2025, 4:00 PM
97.60
+0.12 (0.12%)
After-hours: Jun 13, 2025, 7:59 PM EDT

Okta Stock Forecast

Stock Price Forecast

According to 38 professional analysts, the 12-month price target for Okta stock ranges from a low of $75 to a high of $140. The average analyst price target of $122.34 forecasts a 25.50% increase in the stock price over the next year.

Price Target: $122.34 (+25.50%)
Analyst Consensus: Buy
Target Low Average Median High
Price $75 $122.34 $130 $140
Change -23.06% +25.50% +33.36% +43.62%

Analyst Ratings

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

Recommendation Trends

Rating Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 889101212
Buy 9911101010
Hold 171713141616
Sell 111111
Strong Sell 000000
Total 353534353939

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$135$130
Buy Maintains $135$130 +33.36% May 28, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$123$137
Strong Buy Maintains $123$137 +40.54% May 28, 2025
BMO Capital
BMO Capital
Hold
Maintains
$135$132
Hold Maintains $135$132 +35.41% May 28, 2025
Stifel
Stifel
Strong Buy
Maintains
$120$130
Strong Buy Maintains $120$130 +33.36% May 28, 2025
Scotiabank
Scotiabank
Hold
Maintains
$109$115
Hold Maintains $109$115 +17.97% May 28, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
2.92B
from 2.61B
Increased by 11.88%
Revenue Next Year
3.21B
from 2.92B
Increased by 9.76%
EPS This Year
3.27
from 0.06
Increased by 5,621.10%
EPS Next Year
3.61
from 3.27
Increased by 10.57%
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
835.00M1.30B1.86B2.26B2.61B2.92B3.21B3.56B
Revenue Growth
42.48%55.69%42.92%21.80%15.33%11.88%9.76%11.01%
EPS
-2.09-5.73-5.16-2.170.063.273.614.14
EPS Growth
-----5,621.10%10.57%14.61%
Forward PE
-----29.8326.9823.54
No. Analysts
-----464417
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 3.1B 3.6B 4.2B
Avg 2.9B 3.2B 3.6B
Low 2.8B 3.0B 3.2B

Revenue Growth

Revenue Growth 20262027202820292030
High
19.2%
22.1%
29.5%
Avg
11.9%
9.8%
11.0%
Low
6.9%
2.4%
0.5%

EPS Forecast

EPS 20262027202820292030
High 3.73 4.92 5.44
Avg 3.27 3.61 4.14
Low 3.07 3.16 3.44

EPS Growth

EPS Growth 20262027202820292030
High
6,426.4%
50.7%
50.5%
Avg
5,621.1%
10.6%
14.6%
Low
5,270.7%
-3.2%
-4.8%
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.