Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Okta Inc has a consensus price target of $98.92 based on the ratings of 37 analysts. The high is $140 issued by WestPark Capital on August 29, 2024. The low is $74 issued by TD Cowen on November 30, 2023. The 3 most-recent analyst ratings were released by Barclays, Deutsche Bank, and Morgan Stanley on November 19, 2024, November 12, 2024, and November 4, 2024, respectively. With an average price target of $86 between Barclays, Deutsche Bank, and Morgan Stanley, there's an implied 16.75% upside for Okta Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Okta (NASDAQ:OKTA) was reported by Barclays on November 19, 2024. The analyst firm set a price target for $81.00 expecting OKTA to rise to within 12 months (a possible 9.96% upside). 83 analyst firms have reported ratings in the last year.
The latest analyst rating for Okta (NASDAQ:OKTA) was provided by Barclays, and Okta initiated their equal-weight rating.
The last upgrade for Okta Inc happened on May 30, 2024 when Evercore ISI Group raised their price target to $122. Evercore ISI Group previously had an in-line for Okta Inc.
The last downgrade for Okta Inc happened on November 12, 2024 when Deutsche Bank changed their price target from $115 to $85 for Okta Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Okta, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Okta was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Okta (OKTA) rating was a initiated with a price target of $0.00 to $81.00. The current price Okta (OKTA) is trading at is $73.66, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.