Okta Stock Forecast

Stock Price Forecast

According to 44 analysts polled by S&P Global, Okta stock has a consensus rating of "Buy" and an average price target of $122.95. The average 1-year stock price forecast is 11.31% lower than the current stock price, while the lowest is $75 (-45.90%) and the highest is $175 (+26.24%).

Price Target: $122.95 (-11.31%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75	$122.95	$121	$175
Change	-45.90%	-11.31%	-12.72%	+26.24%

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	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	24	26	26	27	24	24
Buy	6	6	8	7	7	8
Hold	13	13	10	11	12	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	44	46	45	46	44	44

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Colville Scotiabank	Scotiabank	Buy Upgrades $135 → $165	Buy	Upgrades	$135 → $165	+19.02%	Jul 6, 2026
Peter Weed Bernstein	Bernstein	Buy Maintains $141	Buy	Maintains	$141	+1.71%	Jun 29, 2026
Richard Poland Wells Fargo	Wells Fargo	Hold Reiterates $60 → $130	Hold	Reiterates	$60 → $130	-6.23%	Jun 29, 2026
Gray Powell BTIG	BTIG	Buy Maintains $119 → $136	Buy	Maintains	$119 → $136	-1.90%	Jun 25, 2026
Eric Heath KeyBanc	KeyBanc	Buy Reiterates $120 → $130	Buy	Reiterates	$120 → $130	-6.23%	Jun 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.20B

from 2.92B

9.61%

from 2.92B

Revenue Next Year

3.50B

from 3.20B

9.53%

from 3.20B

EPS This Year

3.84

from 3.50

9.79%

from 3.50

EPS Next Year

4.28

from 3.84

11.36%

from 3.84

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	1.30B	1.86B	2.26B	2.61B	2.92B	3.20B
Revenue Growth	55.69%	42.92%	21.80%	15.33%	11.84%	9.61%
Gross Profit	904.00M	1.31B	1.68B	1.99B	2.26B	2.61B
Gross Margin	69.54%	70.61%	74.33%	76.32%	77.36%	81.64%
Operating Income	-768.00M	-783.00M	-460.00M	-63.00M	153.00M	819.94M
Net Income	-848.00M	-815.00M	-355.00M	28.00M	235.00M	278.70M
EPS	-	-	-	-	3.50	3.84
EPS Growth	-	-	-	-	24.56%	9.79%
Forward PE	-	-	43.78	32.75	23.88	36.08
Free Cash Flow	601.97M	478.75M	790.50M	847.50M	836.13M	877.03M
No. Analysts	-	-	-	-	-	43

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2027	2028	2029
High	3.3B
Avg	3.2B
Low	3.2B

Revenue Growth

Revenue Growth	2027	2028	2029
High	11.7%
Avg	9.6%
Low	9.3%

EPS Forecast

EPS	2027	2028	2029
High	3.93
Avg	3.84
Low	3.76

EPS Growth

EPS Growth	2027	2028	2029
High	12.4%
Avg	9.8%
Low	7.4%