NASDAQ: OKTA
Okta Inc Stock Forecast, Predictions & Price Target

Overview Forecast

Earnings Dividend Ownership

Analyst price target for OKTA

Based on 18 analysts offering 12 month price targets for Okta Inc.

Min Forecast

$240.00+10.15%

Avg Forecast

$284.94+30.78%

Max Forecast

$320.00+46.87%

Should I buy or sell OKTA stock?

Based on 18 analysts offering ratings for Okta Inc.

Strong Buy

10 analysts 55.56%

Buy

4 analysts 22.22%

Hold

4 analysts 22.22%

Sell

0 analysts 0%

Strong Sell

0 analysts 0%

OKTA stock forecasts by analyst

Analyst / Firm	Rating	Action	Price Target	Upside/Downside	Date	Analyst Color
Patrick Colville Deutsche Bank Top 18% 83	Strong Buy	Maintains	$250.00	+14.74%	2021-12-03
Gregg Moskowitz Mizuho Top 4% 97	Hold	Maintains	$250.00	+14.74%	2021-12-02
Anonymous Morgan Stanley	Strong Buy	Maintains	$300.00	+37.69%	2021-12-02
Keith Bachman BMO Capital Top 5% 96	Buy	Maintains	$270.00	+23.92%	2021-12-02
Rob Owens Piper Sandler Top 1% 100	Strong Buy	Upgrades	$270.00	+23.92%	2021-12-02	Find out why
Rudy Kessinger DA Davidson Bottom 22% 22	Strong Buy	Initiates Coverage On	$315.00	+44.57%	2021-11-18
Hamza Fodderwala Morgan Stanley Bottom 8% 8	Strong Buy	Upgrades	$315.00	+44.57%	2021-09-28
Alex Henderson Needham Top 1% 100	Buy	Upgrades	$320.00	+46.87%	2021-09-02
Adam Borg Stifel Nicolaus Bottom 18% 18	Hold	Maintains	$270.00	+23.92%	2021-09-02
Adam Tindle Raymond James Top 23% 78	Strong Buy	Upgrades	$310.00	+42.28%	2021-08-25

Forecast return on equity

Is OKTA forecast to generate an efficient return?

Company

N/A

Industry

-30.36%

Market

37.06%

Forecast return on assets

Is OKTA forecast to generate an efficient return on assets?

Company

N/A

Industry

15.96%

OKTA earnings per share forecast

What is OKTA's earnings per share in the next 2 years based on estimates from 9 analysts?

Avg 1 year Forecast

-$4.80+2.56%

Avg 2 year Forecast

-$5.35+14.32%

OKTA revenue forecast

What is OKTA's revenue in the next 3 years based on estimates from 10 analysts?

Avg 1 year Forecast

$1.3B+10.35%

Avg 2 year Forecast

$1.7B+51.89%

Avg 3 year Forecast

$2.3B+103.76%

OKTA's revenue is forecast to grow at an exceptional rate of 26.3% per year

Forecast

OKTA revenue growth forecast

How is OKTA forecast to perform vs Software - Infrastructure companies and vs the US market?

Company

26.3%

Industry

11.95%

Market

10.03%

OKTA's revenues are forecast to grow faster (26.3% per year) than the US Software - Infrastructure industry average (11.95%)

Forecast

OKTA's revenues are forecast to grow faster (26.3% per year) than the US market average (10.03%)

Forecast

Okta Stock Forecast FAQ

Is Okta Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 18 Wall Street analysts covering (NASDAQ: OKTA) stock is to Strong Buy OKTA stock.

Out of 18 analysts, 10 (55.56%) are recommending OKTA as a Strong Buy, 4 (22.22%) are recommending OKTA as a Buy, 4 (22.22%) are recommending OKTA as a Hold, 0 (0%) are recommending OKTA as a Sell, and 0 (0%) are recommending OKTA as a Strong Sell.

What is OKTA's earnings growth forecast for 2022-2023?

(NASDAQ: OKTA) Okta's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 4.89%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Okta's earnings in 2021 is -$683,031,000.On average, 9 Wall Street analysts forecast OKTA's earnings for 2022 to be $-746,610,274, with the lowest OKTA earnings forecast at $-794,828,854, and the highest OKTA earnings forecast at $-429,300,907.

In 2023, OKTA is forecast to generate $-832,159,367 in earnings, with the lowest earnings forecast at $-917,708,461 and the highest earnings forecast at $-363,972,508.

What is OKTA's revenue growth forecast for 2022-2024?

(NASDAQ: OKTA) Okta's forecast annual revenue growth rate of 26.3% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.95%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Okta's revenue in 2021 is $1,151,926,000.On average, 10 Wall Street analysts forecast OKTA's revenue for 2022 to be $197,726,665,283, with the lowest OKTA revenue forecast at $194,414,359,913, and the highest OKTA revenue forecast at $198,816,094,107. On average, 10 Wall Street analysts forecast OKTA's revenue for 2023 to be $272,153,443,670, with the lowest OKTA revenue forecast at $269,895,880,855, and the highest OKTA revenue forecast at $274,441,493,071.

In 2024, OKTA is forecast to generate $365,090,401,721 in revenue, with the lowest revenue forecast at $357,439,668,486 and the highest revenue forecast at $370,956,425,314.

What is OKTA's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: OKTA) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 15.96%.

What is OKTA's Price Target?

According to 18 Wall Street analysts that have issued a 1 year OKTA price target, the average OKTA price target is $284.94, with the highest OKTA stock price forecast at $320.00 and the lowest OKTA stock price forecast at $240.00.

On average, Wall Street analysts predict that Okta's share price could stay at $284.94 by Dec 3, 2022. The average Okta stock price prediction forecasts a potential downside of N/A from the current OKTA share price of $217.88.

What is OKTA's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: OKTA) Okta's current Earnings Per Share (EPS) is -$4.68. On average, analysts forecast that OKTA's EPS will be $-4.80 for 2022, with the lowest EPS forecast at $-5.11, and the highest EPS forecast at $-2.76. In 2023, OKTA's EPS is forecast to hit $-5.35 (min: $-5.90, max: $-2.34).

What is OKTA's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: OKTA) forecast ROE is N/A, which is considered weak.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

Analyst price target for OKTA

Based on 18 analysts offering 12 month price targets for Okta Inc.

Should I buy or sell OKTA stock?

Based on 18 analysts offering ratings for Okta Inc.

OKTA stock forecasts by analyst

Forecast return on equity

Is OKTA forecast to generate an efficient return?

Forecast return on assets

Is OKTA forecast to generate an efficient return on assets?

OKTA earnings per share forecast

What is OKTA's earnings per share in the next 2 years based on estimates from 9 analysts?

OKTA revenue forecast

What is OKTA's revenue in the next 3 years based on estimates from 10 analysts?

OKTA revenue growth forecast

How is OKTA forecast to perform vs Software - Infrastructure companies and vs the US market?

Okta Stock Forecast FAQ

(NASDAQ: OKTA) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 15.96%.

(NASDAQ: OKTA) Okta's current Earnings Per Share (EPS) is -$4.68. On average, analysts forecast that OKTA's EPS will be $-4.80 for 2022, with the lowest EPS forecast at $-5.11, and the highest EPS forecast at $-2.76. In 2023, OKTA's EPS is forecast to hit $-5.35 (min: $-5.90, max: $-2.34).

(NASDAQ: OKTA) forecast ROE is N/A, which is considered weak.

Company

Stocks

Analysts

Social