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Okta Inc has a consensus price target of $104.46 based on the ratings of 36 analysts. The high is $140 issued by WestPark Capital on December 4, 2024. The low is $75 issued by B of A Securities on August 29, 2024. The 3 most-recent analyst ratings were released by Jefferies, Keybanc, and Bernstein on December 19, 2024, December 19, 2024, and December 17, 2024, respectively. With an average price target of $109.67 between Jefferies, Keybanc, and Bernstein, there's an implied 32.93% 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 Jefferies on December 19, 2024. The analyst firm set a price target for $90.00 expecting OKTA to rise to within 12 months (a possible 9.09% upside). 95 analyst firms have reported ratings in the last year.
The latest analyst rating for Okta (NASDAQ:OKTA) was provided by Jefferies, and Okta maintained their hold rating.
The last upgrade for Okta Inc happened on December 19, 2024 when Keybanc raised their price target to $115. Keybanc previously had a sector weight 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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Okta (OKTA) rating was a maintained with a price target of $100.00 to $90.00. The current price Okta (OKTA) is trading at is $82.50, which is out of the analyst’s predicted range.
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