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Okta Inc

Okta Inc Stock Forecast & Price Prediction

Live Okta Inc Stock (OKTA) Price
$88.86

24

Ratings

  • Buy 6
  • Hold 17
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$88.86

P/E Ratio

P/E Ratio not available for OKTA

Volume Traded Today

$1.8M

Dividend

Dividends not available for OKTA

52 Week High/low

92.38/65.04

Okta Inc Market Cap

$14.69B

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OKTA Summary

The Okta Inc (OKTA) share price is expected to decrease by 5% over the next year. This is based on calculating the average 12-month share price estimate provided by 24 stock analysts who have covered OKTA. Price targets range from $64.00 at the low end to $110.00 at the high end. The current analyst consensus for OKTA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

OKTA Analyst Ratings

OKTA is a stock in Technology which has been forecasted to be worth $84.42 as an average. On the higher end, the forecast price is $110.00 USD by ittai kidron from Oppenheimer and on the lower end OKTA is forecasted to be $64.00 by tal liani from Bank of America Securities.

OKTA stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

alex henderson
Needham

Buy

$105.0

maintained

Feb 1, 2024
shrenik kothari
Robert W. Baird

Buy

$90.0

maintained

Feb 1, 2024
adam borg
Stifel Nicolaus

Buy

$95.0

maintained

Jan 12, 2024
gabriela borges
Goldman Sachs

Buy

None

maintained

Jan 1, 2024
gray powell
BTIG

Buy

$100.0

maintained

Dec 28, 2023
matthew hedberg
RBC Capital

Buy

$95.0

rated

Nov 30, 2023
ittai kidron
Oppenheimer

Buy

$110.0

maintained

Nov 30, 2023
roger boyd
UBS

Buy

$90.0

maintained

Oct 23, 2023
eric heath
KeyBanc

Buy

$106.0

maintained

Oct 13, 2023
dan bergstrom
RBC Capital

Buy

$112.0

maintained

Aug 24, 2023
john difucci
Guggenheim

Buy

$96.0

reiterated

Aug 21, 2023
shebly seyrafi
FBN Securities

Buy

$100.0

maintained

Jun 1, 2023
imtiaz koujalgi
Wedbush

Buy

$90.0

reiterated

May 31, 2023
brad zelnick
Deutsche Bank

Buy

$100.0

maintained

Mar 2, 2023
alex zukin
Wolfe Research

Buy

$94.0

maintained

Mar 2, 2023
josh beck
KeyBanc

Buy

$80.0

maintained

Jan 18, 2023
carson sippel
SMBC Nikko

Buy

$90.0

initiatedcoverage

Jan 3, 2023
stephen bersey
Daiwa

Buy

$93.0

maintained

Dec 7, 2022
srini nandury
Summit Redstone Partners

Buy

$125.0

maintained

Sep 1, 2022
jonathan ho
William Blair

Buy

None

reiterated

Jun 3, 2022

OKTA Company Information

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta's, a suite of products and services is used to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway enables organizations to extend the Workforce Identity Cloud; Advanced Server Access to manage and secure cloud infrastructure; and Okta Identity Governance, an identity access management and identity governance solutions. It also provides Universal Login allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; Private Cloud that allows customers to run a dedicated cloud instance of Customer Identity Cloud; In addition, the company provides organization; Actions and Extensibility; and Enterprise Connections. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

OKTA
Okta Inc (OKTA)

When did it IPO

2017

Staff Count

5,913

Country

United States

Sector/Industry

Technology/Software—Infrastructure

CEO

Mr. Todd McKinnon

Market Cap

$14.69B

Okta Inc(OKTA) Financial Data

In 2023, OKTA generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that OKTA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $2.17B
  • Operating Margin TTM -0.18%
  • Gross profit TTM $1.31B
  • Return on assets TTM -0.04%
  • Return on equity TTM -0.08%
  • Profit margin -0.21402%
  • Book value 34.66%
  • Market capitalisation $14.69B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -2.86
  • EPS next year N/A

Okta Inc(OKTA) Latest News

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OKTA Frequently asked questions

The highest forecasted price for OKTA is $110.00 from ittai kidron at Oppenheimer.

The lowest forecasted price for OKTA is $64.00 from tal liani from Bank of America Securities

The OKTA analyst ratings consensus are 6 buy ratings, 17 hold ratings, and 1 sell ratings.