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

Analyst price target for OKTA

Based on 20 analysts offering 12 month price targets for Okta Inc.
Min Forecast
$85.00-5.3%
Avg Forecast
$114.45+27.51%
Max Forecast
$140.00+55.97%

Should I buy or sell OKTA stock?

Based on 20 analysts offering ratings for Okta Inc.
Buy
Strong Buy
4 analysts 20%
Buy
6 analysts 30%
Hold
10 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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OKTA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-06-03
lockedlocked$00.00+00.00%2024-05-30
lockedlocked$00.00+00.00%2024-05-30
lockedlocked$00.00+00.00%2024-05-30
lockedlocked$00.00+00.00%2024-05-30
Needham
Top 1%
100
BuyReiterates$130.00+44.83%2024-05-30
Wedbush
Top 7%
94
BuyReiterates$130.00+44.83%2024-05-29
Mizuho
Top 6%
95
HoldMaintains$110.00+22.55%2024-05-17
Baird
Top 5%
96
BuyMaintains$108.00+20.32%2024-02-29
RBC Capital
Top 2%
99
BuyMaintains$125.00+39.26%2024-02-29

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Forecast return on equity

Is OKTA forecast to generate an efficient return?
Company
0.86%
Industry
73.33%
Market
82.5%
OKTA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is OKTA forecast to generate an efficient return on assets?
Company
0.57%
Industry
24.06%
OKTA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

OKTA earnings per share forecast

What is OKTA's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
-$0.28
Avg 2 year Forecast
-$0.10
Avg 3 year Forecast
$0.30

OKTA revenue forecast

What is OKTA's revenue in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$2.5B+7.22%
Avg 2 year Forecast
$2.8B+19.33%
Avg 3 year Forecast
$3.2B+34.86%
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
10.13%
Industry
10.7%
Market
9.95%
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$89.76$114.45+27.51%Buy
GEN$24.39$26.50+8.65%Buy
IOT$28.07$41.56+48.04%Buy
AKAM$89.09$114.27+28.26%Buy
MDB$227.00$355.92+56.79%Buy

Okta Stock Forecast FAQ

Is Okta Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: OKTA) stock is to Buy OKTA stock.

Out of 20 analysts, 4 (20%) are recommending OKTA as a Strong Buy, 6 (30%) are recommending OKTA as a Buy, 10 (50%) 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 earnings growth forecast for 2025-2027?

(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 10.18%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.82%.

Okta's earnings in 2024 is -$276,000,000.On average, 13 Wall Street analysts forecast OKTA's earnings for 2025 to be -$47,237,960, with the lowest OKTA earnings forecast at -$119,440,710, and the highest OKTA earnings forecast at -$3,364,527. On average, 13 Wall Street analysts forecast OKTA's earnings for 2026 to be -$16,301,134, with the lowest OKTA earnings forecast at -$111,029,392, and the highest OKTA earnings forecast at $26,916,216.

In 2027, OKTA is forecast to generate $51,023,053 in earnings, with the lowest earnings forecast at $5,046,791 and the highest earnings forecast at $80,748,649.

What is OKTA's revenue growth forecast for 2025-2027?

(NASDAQ: OKTA) Okta's forecast annual revenue growth rate of 10.13% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.7%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Okta's revenue in 2024 is $2,362,000,000.On average, 13 Wall Street analysts forecast OKTA's revenue for 2025 to be $426,043,498,247, with the lowest OKTA revenue forecast at $416,713,496,539, and the highest OKTA revenue forecast at $428,472,518,544. On average, 12 Wall Street analysts forecast OKTA's revenue for 2026 to be $474,162,459,294, with the lowest OKTA revenue forecast at $455,355,089,594, and the highest OKTA revenue forecast at $486,022,753,563.

In 2027, OKTA is forecast to generate $535,863,343,097 in revenue, with the lowest revenue forecast at $522,161,138,500 and the highest revenue forecast at $554,309,194,367.

What is OKTA's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: OKTA) forecast ROA is 0.57%, which is lower than the forecast US Software - Infrastructure industry average of 24.06%.

What is OKTA's Price Target?

According to 20 Wall Street analysts that have issued a 1 year OKTA price target, the average OKTA price target is $114.45, with the highest OKTA stock price forecast at $140.00 and the lowest OKTA stock price forecast at $85.00.

On average, Wall Street analysts predict that Okta's share price could reach $114.45 by Jun 3, 2025. The average Okta stock price prediction forecasts a potential upside of 27.51% from the current OKTA share price of $89.76.

What is OKTA's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: OKTA) Okta's current Earnings Per Share (EPS) is -$1.67. On average, analysts forecast that OKTA's EPS will be -$0.28 for 2025, with the lowest EPS forecast at -$0.71, and the highest EPS forecast at -$0.02. On average, analysts forecast that OKTA's EPS will be -$0.10 for 2026, with the lowest EPS forecast at -$0.66, and the highest EPS forecast at $0.16. In 2027, OKTA's EPS is forecast to hit $0.30 (min: $0.03, max: $0.48).

What is OKTA's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: OKTA) forecast ROE is 0.86%, which is considered weak.
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