Okta Stock Forecast

Stock Price Forecast

According to 36 professional analysts, the 12-month price target for Okta stock ranges from a low of $75 to a high of $150. The average analyst price target of $120.11 forecasts a -2.92% decrease in the stock price over the next year.

Price Target: $120.11 (-2.92%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75	$120.11	$123	$150
Change	-39.38%	-2.92%	-0.58%	+21.24%

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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	8	8	8	9	10	12
Buy	9	9	9	11	10	10
Hold	18	17	17	13	14	14
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	36	35	35	34	35	37

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Essex JP Morgan	JP Morgan	Buy Maintains $120 → $140	Buy	Maintains	$120 → $140	+13.16%	May 23, 2025
Joseph Gallo Jefferies	Jefferies	Hold Maintains $110 → $135	Hold	Maintains	$110 → $135	+9.12%	May 23, 2025
Roger Boyd UBS	UBS	Strong Buy Maintains $120 → $150	Strong Buy	Maintains	$120 → $150	+21.24%	May 22, 2025
John DiFucci Guggenheim	Guggenheim	Strong Buy Maintains $130 → $140	Strong Buy	Maintains	$130 → $140	+13.16%	May 20, 2025
Rudy Kessinger DA Davidson	DA Davidson	Strong Buy Maintains $125 → $145	Strong Buy	Maintains	$125 → $145	+17.20%	May 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.92B

from 2.61B

11.88%

from 2.61B

Revenue Next Year

3.21B

from 2.92B

9.86%

from 2.92B

EPS This Year

3.27

from 0.15

2,064.93%

from 0.15

EPS Next Year

3.61

from 3.27

10.57%

from 3.27

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	835.00M	1.30B	1.86B	2.26B	2.61B	2.92B	3.21B	3.56B
Revenue Growth	42.48%	55.69%	42.92%	21.80%	15.33%	11.88%	9.86%	10.82%
EPS	-2.09	-5.73	-5.16	-2.17	0.15	3.27	3.61	3.58
EPS Growth	-	-	-	-	-	2,064.93%	10.57%	-0.83%
Forward PE	-	-	-	-	-	37.86	34.24	34.53
No. Analysts	-	-	-	-	-	46	44	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	3.1B	3.6B	3.8B
Avg	2.9B	3.2B	3.6B
Low	2.8B	3.0B	3.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	19.7%	23.3%	18.0%
Avg	11.9%	9.9%	10.8%
Low	6.7%	2.2%	2.8%

EPS Forecast

EPS	2026	2027	2028
High	3.73	4.92	5.33
Avg	3.27	3.61	3.58
Low	3.07	3.16	-0.93

EPS Growth

EPS Growth	2026	2027	2028
High	2,369.7%	50.7%	47.6%
Avg	2,064.9%	10.6%	-0.8%
Low	1,932.3%	-3.2%	-

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.