Okta, Inc. (OKTA)
NASDAQ: OKTA · Real-Time Price · USD
97.93
-2.04 (-2.04%)
At close: Apr 17, 2025, 4:00 PM
98.28
+0.35 (0.36%)
After-hours: Apr 17, 2025, 5:15 PM EDT
Okta Stock Forecast
Stock Price Forecast
The 34 analysts with 12-month price forecasts for Okta stock have an average target of 114.91, with a low estimate of 75 and a high estimate of 140. The average target predicts an increase of 17.34% from the current stock price of 97.93.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 9 | 9 |
| Buy | 5 | 9 | 9 | 9 | 11 | 11 |
| Hold | 22 | 18 | 17 | 17 | 13 | 14 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 35 | 36 | 35 | 35 | 34 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $125 → $123 | Buy | Maintains | $125 → $123 | +25.60% | Apr 16, 2025 |
| Stephens & Co. | Stephens & Co. | Hold Initiates $127 | Hold | Initiates | $127 | +29.68% | Apr 1, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $130 | Buy | Initiates | $130 | +32.75% | Mar 31, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $106 → $125 | Buy | Maintains | $106 → $125 | +27.64% | Mar 18, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $95 → $105 | Hold | Maintains | $95 → $105 | +7.22% | Mar 4, 2025 |
Financial Forecast
Revenue This Year
2.92B
from 2.61B
Increased by 11.92%
Revenue Next Year
3.21B
from 2.92B
Increased by 9.89%
EPS This Year
3.27
from 0.15
Increased by 2,067.62%
EPS Next Year
3.62
from 3.27
Increased by 10.74%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 3.1B | 3.6B | 3.8B | ||
| Avg | 2.9B | 3.2B | 3.6B | ||
| Low | 2.8B | 3.0B | 3.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 19.7% | 23.2% | 17.9% | ||
| Avg | 11.9% | 9.9% | 11.0% | ||
| Low | 7.2% | 2.2% | 4.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 3.73 | 4.92 | 5.33 | ||
| Avg | 3.27 | 3.62 | 4.16 | ||
| Low | 3.08 | 3.16 | 3.56 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2,369.7% | 50.5% | 47.2% | ||
| Avg | 2,067.6% | 10.7% | 14.9% | ||
| Low | 1,938.8% | -3.3% | -1.8% |
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.