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OKTA Stock Forecast 2026-2027
$118.72
Current Price
$20.63B
Market Cap
Buy 32
Hold 12
Sell 1
Wall St Analyst Ratings
Distance to OKTA Price Targets
+18.8%
To High Target of $141.00
+1.1%
To Median Target of $120.00
-36.8%
To Low Target of $75.00
OKTA Price Momentum
-3.7%
1 Week Change
+46.8%
1 Month Change
+13.0%
1 Year Change
+37.3%
Year-to-Date Change
-16.6%
From 52W High of $142.35
+89.5%
From 52W Low of $62.66
📊 TOP ANALYST CALLS
Did OKTA Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Okta is one of their latest high-conviction picks.
Latest OKTA Stock Price Targets & Analyst Predictions
Based on our analysis of 24 Wall Street analysts, OKTA has a bullish consensus with a median price target of $120.00 (ranging from $75.00 to $141.00). The overall analyst rating is Strong Buy (8.5/10). Currently trading at $118.72, the median forecast implies a 1.1% upside. This outlook is supported by 32 Buy, 12 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
OKTA Analyst Ratings
32
Buy
12
Hold
1
Sell
OKTA Price Target Range
Low
$75.00
Average
$120.00
High
$141.00
Current: $118.72
Latest OKTA Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for OKTA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 2, 2026 | Mizuho | Gregg Moskowitz | Neutral | Downgrade | $125.00 |
| May 29, 2026 | Macquarie | Steve Koenig | Outperform | Maintains | $120.00 |
| May 29, 2026 | Barclays | Saket Kalia | Overweight | Maintains | $120.00 |
| May 29, 2026 | Jefferies | Joseph Gallo | Buy | Maintains | $120.00 |
| May 29, 2026 | DA Davidson | Rudy Kessinger | Buy | Maintains | $130.00 |
| May 29, 2026 | Canaccord Genuity | Kingsley Crane | Buy | Maintains | $115.00 |
| May 29, 2026 | Citigroup | Fatima Boolani | Neutral | Maintains | $105.00 |
| May 29, 2026 | Truist Securities | Junaid Siddiqui | Buy | Reiterates | $120.00 |
| May 29, 2026 | RBC Capital | Matthew Hedberg | Outperform | Maintains | $122.00 |
| May 29, 2026 | Piper Sandler | Rob Owens | Neutral | Maintains | $105.00 |
| May 29, 2026 | Scotiabank | Patrick Colville | Sector Perform | Maintains | $105.00 |
| May 29, 2026 | JP Morgan | Brian Essex | Overweight | Maintains | $120.00 |
| May 29, 2026 | Morgan Stanley | Simeon Gutman | Overweight | Maintains | $115.00 |
| May 29, 2026 | Wells Fargo | Richard Poland | Equal-Weight | Maintains | $100.00 |
| May 29, 2026 | Cantor Fitzgerald | Jonathan Ruykhaver | Overweight | Maintains | $125.00 |
| May 29, 2026 | Susquehanna | Shyam Patil | Neutral | Maintains | $110.00 |
| May 29, 2026 | Oppenheimer | Shaul Eyal | Outperform | Maintains | $125.00 |
| May 29, 2026 | Mizuho | Gregg Moskowitz | Outperform | Maintains | $110.00 |
| May 29, 2026 | BMO Capital | Keith Bachman | Outperform | Maintains | $120.00 |
| May 29, 2026 | Needham | Mike Cikos | Buy | Maintains | $120.00 |
Okta Inc. (OKTA) Competitors
The following stocks are similar to Okta based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Okta Inc. (OKTA) Financial Data
Okta Inc. has a market capitalization of $20.63B with a P/E ratio of 86.0x. The company generates $3.00B in trailing twelve-month revenue with a 8.2% profit margin.
Revenue growth is +11.2% quarter-over-quarter, while maintaining an operating margin of +7.3% and return on equity of +3.7%.
Valuation Metrics
Market Cap
$20.63B
Enterprise Value
$18.46B
P/E Ratio
86.0x
PEG Ratio
5.2x
Price/Sales
6.9x
Growth & Margins
Revenue Growth (YoY)
+11.2%
Gross Margin
+77.8%
Operating Margin
+7.3%
Net Margin
+8.2%
EPS Growth
+19.4%
Financial Health
Cash/Price Ratio
+12.5%
Current Ratio
1.4x
Debt/Equity
6.0x
ROE
+3.7%
ROA
+1.1%
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Okta Inc. (OKTA) Business Model
About Okta Inc.
What They Do
Provides cloud-based identity and access management solutions.
Business Model
Okta generates revenue primarily through subscription fees for its identity management services, which include features like single sign-on and multi-factor authentication. The company targets both workforce and customer identity markets, enabling organizations to securely manage access to their applications and resources.
Additional Information
Founded in 2009 and based in San Francisco, Okta serves various industries, enhancing security and compliance while simplifying user access. Its platform is critical for modern cybersecurity and acts as an independent identity layer for enterprises and developers.
Company Information
Sector
Technology
Industry
Software - Infrastructure
Employees
6,366
CEO
Mr. Todd McKinnon
Country
United States
IPO Year
2017
Website
www.okta.comOkta Inc. (OKTA) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Okta (OKTA) Is Up 33.64% in One Week: What You Should Know
Does Okta (OKTA) have what it takes to be a top stock pick for momentum investors? Let's find out.
Jun 02, 2026
By Zacks Equity Research
Tale of the Tape
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Jun 01, 2026
By Zacks Equity Research
Tale of the Tape
OKTA Shares Jump on Solid Q1 Earnings Beat, Revenues Increase Y/Y
OKTA stock jumps after Q1 earnings beat estimates as revenue rose 11% Y/Y, fueled by subscription growth and higher contracted backlog.
May 29, 2026
By Zacks Equity Research
Analyst Blog
Latest News
Quick Summary
Okta, Inc. (OKTA) presented at the 2026 Evercore Global TMT Conference, providing insights on its business and strategy. Further details can be obtained from the conference transcript.
Why It Matters
Okta's presentation at a major conference can signal its strategic direction and growth prospects, influencing investor sentiment and stock performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Okta (OKTA) is being evaluated as a potential top stock pick for momentum investors, indicating interest in its performance and growth prospects.
Why It Matters
Momentum investors seek stocks with strong price trends. Analyzing Okta's potential can impact its stock performance and attract investor interest, influencing market sentiment and trading volume.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
The company is utilizing AI to drive growth, which is expected to support a continued increase in its stock price.
Why It Matters
The company's use of AI indicates potential for increased efficiency and revenue, suggesting upward momentum in stock prices. Positive growth drivers can attract more investor interest.
Source: Barrons
Market Sentiment:
Positive
Quick Summary
Okta (OKTA) is rated a Buy due to improved execution, strong free cash flow, and attractive valuation. Q1 revenue grew 11% to $765M, with net retention at 107% and guidance for 9% revenue growth.
Why It Matters
Okta's strong revenue growth, high net retention, and positive future guidance indicate solid business health, making it an appealing investment within the security SaaS sector.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Okta (OKTA) is gaining attention among Zacks.com users, indicating potential interest in its stock performance. Investors should monitor relevant developments for insights.
Why It Matters
Increased interest in Okta suggests potential volatility or opportunity, prompting investors to assess the company's fundamentals and market positioning for future growth.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Okta exceeded Q1 earnings expectations, with CEO McKinnon noting increased demand for identity tools due to agentic AI, though the company's AI strategy has room for growth.
Why It Matters
Okta's strong earnings indicate robust demand for identity tools, driven by AI. However, untapped potential in its AI strategy suggests future growth opportunities and market competitiveness.
Source: CNBC
Market Sentiment:
Positive
Frequently Asked Questions About OKTA Stock
What is Okta Inc.'s (OKTA) stock forecast for 2026?
Based on our analysis of 24 Wall Street analysts, Okta Inc. (OKTA) has a median price target of $120.00. The highest price target is $141.00 and the lowest is $75.00.
Is OKTA stock a good investment in 2026?
According to current analyst ratings, OKTA has 32 Buy ratings, 12 Hold ratings, and 1 Sell ratings. The stock is currently trading at $118.72. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for OKTA stock?
Wall Street analysts predict OKTA stock could reach $120.00 in the next 12 months. This represents a 1.1% increase from the current price of $118.72. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Okta Inc.'s business model?
Okta generates revenue primarily through subscription fees for its identity management services, which include features like single sign-on and multi-factor authentication. The company targets both workforce and customer identity markets, enabling organizations to securely manage access to their applications and resources.
What is the highest forecasted price for OKTA Okta Inc.?
The highest price target for OKTA is $141.00 from at , which represents a 18.8% increase from the current price of $118.72.
What is the lowest forecasted price for OKTA Okta Inc.?
The lowest price target for OKTA is $75.00 from at , which represents a -36.8% decrease from the current price of $118.72.
What is the overall OKTA consensus from analysts for Okta Inc.?
The overall analyst consensus for OKTA is bullish. Out of 24 Wall Street analysts, 32 rate it as Buy, 12 as Hold, and 1 as Sell, with a median price target of $120.00.
How accurate are OKTA stock price projections?
Stock price projections, including those for Okta Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 7, 2026 12:52 AM UTC