15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 32 firms covering Okta Inc, 24 rate it Buy or better, 7 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets range widely, $85.00 to $175.00 (about 2.1x), a sign of real disagreement on valuation. The average target of $120.77 sits 11% below the current $136.23. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 2 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.94 next quarter toward $4.28 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS32 ratings
Moderate Buy
Strong Buy00%
Buy2475%
Hold722%
Sell13%
Strong Sell00%
Based on 32 analysts giving stock ratings to Okta Inc.
As of Jul, 24 of 32 firms rate OKTA a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
OKTA EPS & revenue forecast
EPS · NEXT QUARTER
$0.94
Range $0.89 – $0.99 · 41 analysts · +14% YoY
Next period, 41 analysts expect Okta Inc to earn $0.94 a share (range $0.89 – $0.99), versus $0.82 a year earlier. Full-year consensus is $3.84, growing to $4.28 the year after.
REVENUE · NEXT QUARTER
$808.2M
Range $800.5M – $829.9M · 41 analysts · +9% YoY
Revenue is expected to reach $808.2M (range $800.5M – $829.9M), +8.9% year-over-year. Full-year consensus is $3.2B, rising to $3.5B next year.
Top analysts covering Okta Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on OKTA.
#1
Adam Tindle
Raymond James · Rank #321
Buy
$115.00-15.6% to target
Overall win rate
30%
+ Follow
#2
Gray Powell
BTIG
Buy
$136.00-0.2% to target
Coverage
—
+ Follow
#3
Eric Heath
Keybanc
Buy
$175.00+28.5% to target
Coverage
—
+ Follow
#4
Patrick Colville
Scotiabank
Buy
$165.00+21.1% to target
Coverage
—
+ Follow
#5
Mike Cikos
Needham
Buy
$140.00+2.8% to target
Coverage
—
+ Follow
OKTA stock forecast FAQ
What is OKTA's average 12-month price target?+
The 26 analysts with a live target average $120.77 for Okta Inc over the next 12 months, ranging from a $175.00 high to a $85.00 low.
Is OKTA stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 32 analyst ratings, 24 are Buy or Strong Buy, 7 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for OKTA?+
The Street-high target is $175.00 (Keybanc), and the Street-low is $85.00 (Raymond James). The average of all 26 active targets is $120.77.
How many Wall Street analysts cover OKTA?+
32 analysts have an active rating on Okta Inc, and 26 firms carry a live 12-month price target.
Who is the most accurate analyst covering OKTA?+
Among analysts who currently cover OKTA, Adam Tindle of Raymond James has the strongest overall Quantellect track record (Rank #321). Their current call is Buy with a $115.00 target.
What is Okta Inc's projected EPS for next quarter?+
The consensus estimate is $0.94 per share (range $0.89 – $0.99) across 41 analysts. Full-year EPS is projected at $3.84, rising to $4.28 the following year.
How much revenue is Okta Inc expected to report next quarter?+
Consensus revenue is $808.2M (range $800.5M – $829.9M). Full-year revenue is projected at $3.2B, growing to $3.5B next year.
Have analysts been upgrading or downgrading OKTA lately?+
As of Jul, 24 of 32 firms rate OKTA a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their OKTA calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
