Okta, Inc. (OKTA)
NASDAQ: OKTA · Real-Time Price · USD
92.75
-2.44 (-2.56%)
At close: Feb 21, 2025, 4:00 PM
92.25
-0.50 (-0.54%)
After-hours: Feb 21, 2025, 6:52 PM EST
Okta Stock Forecast
Stock Price Forecast
The 34 analysts with 12-month price forecasts for Okta stock have an average target of 106.26, with a low estimate of 75 and a high estimate of 140. The average target predicts an increase of 14.57% from the current stock price of 92.75.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Okta stock from 35 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 7 | 8 | 8 | 8 |
| Buy | 6 | 5 | 5 | 9 | 9 | 9 |
| Hold | 19 | 20 | 22 | 18 | 17 | 17 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 33 | 34 | 35 | 36 | 35 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $96 → $105 | Hold | Maintains | $96 → $105 | +13.21% | Feb 20, 2025 |
| UBS | UBS | Strong Buy Maintains $108 → $120 | Strong Buy | Maintains | $108 → $120 | +29.38% | Feb 20, 2025 |
| Mizuho | Mizuho | Hold Maintains $100 → $110 | Hold | Maintains | $100 → $110 | +18.60% | Feb 12, 2025 |
| Keybanc | Keybanc | Buy Maintains $115 → $125 | Buy | Maintains | $115 → $125 | +34.77% | Feb 11, 2025 |
| Needham | Needham | Strong Buy Reiterates $115 | Strong Buy | Reiterates | $115 | +23.99% | Feb 4, 2025 |
Financial Forecast
Revenue This Year
2.65B
from 2.26B
Increased by 17.06%
Revenue Next Year
2.86B
from 2.65B
Increased by 7.78%
EPS This Year
2.82
from -2.17
EPS Next Year
3.00
from 2.82
Increased by 6.21%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 2.7B | 3.3B | 4.0B | |||
| Avg | 2.6B | 2.9B | 3.1B | |||
| Low | 2.5B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 21.0% | 24.8% | 38.5% | |||
| Avg | 17.1% | 7.8% | 9.9% | |||
| Low | 12.4% | 2.6% | 1.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 3.02 | 3.70 | 5.10 | |||
| Avg | 2.82 | 3.00 | 3.37 | |||
| Low | 2.70 | 2.77 | 2.99 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | - | 30.9% | 70.2% | |||
| Avg | - | 6.2% | 12.4% | |||
| Low | - | -1.7% | -0.3% |
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.