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

OverviewForecast
EarningsDividendOwnership

Analyst price target for OKTA

Based on 25 analysts offering 12 month price targets for Okta Inc.
Min Forecast
$74.00+4.56%
Avg Forecast
$91.36+29.09%
Max Forecast
$112.00+58.26%

Should I buy or sell OKTA stock?

Based on 25 analysts offering ratings for Okta Inc.
Buy
Strong Buy
10 analysts 40%
Buy
5 analysts 20%
Hold
10 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their OKTA stock forecasts and price targets.

OKTA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-29
lockedlocked$00.00+00.00%2023-11-28
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-11-14
lockedlocked$00.00+00.00%2023-10-31
Daiwa Capital
Bottom 48%
48
Strong BuyUpgrades$87.00+19.82%2023-10-26
Jefferies
Top 23%
78
Strong BuyMaintains$95.00+30.84%2023-10-24
Piper Sandler
Top 1%
100
Strong BuyMaintains$95.00+30.84%2023-10-23
KeyBanc
Top 4%
97
Strong BuyMaintains$95.00+30.84%2023-10-23
JMP Securities
Top 4%
97
BuyReiterates$110.00+51.49%2023-10-06

1 of 3

Forecast return on equity

Is OKTA forecast to generate an efficient return?
Company
N/A
Industry
36.22%
Market
30.3%

Forecast return on assets

Is OKTA forecast to generate an efficient return on assets?
Company
N/A
Industry
19.09%

OKTA revenue forecast

What is OKTA's revenue in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$2.2B+7.17%
Avg 2 year Forecast
$2.5B+21.9%
Avg 3 year Forecast
$2.9B+39.94%
OKTA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OKTA revenue growth forecast

How is OKTA forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
11.61%
Industry
12.4%
Market
7.56%
OKTA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
OKTA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

OKTA vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
OKTA$72.61$91.36+25.82%Buy
PATH$18.98$19.63+3.40%Buy
GEN$21.33$24.00+12.52%Strong Buy
GDDY$97.07$98.33+1.30%Buy
FFIV$169.00$167.43-0.93%Hold
View Top Software Infrastructure Stocks

Okta Stock Forecast FAQ

Is Okta Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 25 Wall Street analysts covering (NASDAQ: OKTA) stock is to Buy OKTA stock.

Out of 25 analysts, 10 (40%) are recommending OKTA as a Strong Buy, 5 (20%) are recommending OKTA as a Buy, 10 (40%) are recommending OKTA as a Hold, 0 (0%) are recommending OKTA as a Sell, and 0 (0%) are recommending OKTA as a Strong Sell.

If you're new to stock investing, here's how to buy Okta stock.

What is OKTA's revenue growth forecast for 2024-2026?

(NASDAQ: OKTA) Okta's forecast annual revenue growth rate of 11.61% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 12.4%, and while it is forecast to beat the US market's average forecast revenue growth rate of 7.56%.

Okta's revenue in 2023 is $2,065,250,000.On average, 14 Wall Street analysts forecast OKTA's revenue for 2024 to be $363,100,067,275, with the lowest OKTA revenue forecast at $362,653,189,826, and the highest OKTA revenue forecast at $365,179,589,502. On average, 13 Wall Street analysts forecast OKTA's revenue for 2025 to be $413,016,311,156, with the lowest OKTA revenue forecast at $405,700,415,471, and the highest OKTA revenue forecast at $420,752,179,773.

In 2026, OKTA is forecast to generate $474,140,090,533 in revenue, with the lowest revenue forecast at $452,780,037,481 and the highest revenue forecast at $495,912,570,128.

What is OKTA's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: OKTA) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 19.09%.

What is OKTA's Price Target?

According to 25 Wall Street analysts that have issued a 1 year OKTA price target, the average OKTA price target is $91.36, with the highest OKTA stock price forecast at $112.00 and the lowest OKTA stock price forecast at $74.00.

On average, Wall Street analysts predict that Okta's share price could reach $91.36 by Nov 28, 2024. The average Okta stock price prediction forecasts a potential upside of 25.82% from the current OKTA share price of $72.61.

What is OKTA's forecast return on equity (ROE) for 2024-2026?

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