15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 33 firms covering Okta Inc, 27 rate it Buy or better, 6 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets range widely, $92.00 to $203.00 (about 2.2x), a sign of real disagreement on valuation. The average target of $178.48 sits 7% above the current $167.59. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 2 to 0 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.03 next quarter toward $4.38 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS33 ratings
Strong Buy
Strong Buy00%
Buy2782%
Hold618%
Sell00%
Strong Sell00%
Based on 33 analysts giving stock ratings to Okta Inc.
As of Sep, 27 of 33 firms rate OKTA a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
OKTA EPS & revenue forecast
EPS · NEXT QUARTER
$1.03
Range $1.00 – $1.10 · 41 analysts · +14% YoY
Next period, 41 analysts expect Okta Inc to earn $1.03 a share (range $1.00 – $1.10), versus $0.90 a year earlier. Full-year consensus is $3.93, growing to $4.38 the year after.
REVENUE · NEXT QUARTER
$837.9M
Range $835.2M – $857.9M · 41 analysts · +10% YoY
Revenue is expected to reach $837.9M (range $835.2M – $857.9M), +10.1% 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
Michael Turrin
Wells Fargo · Rank #352
Buy
$180.00+7.4% to target
Overall win rate
39%
+ Follow
#2
Adam Tindle
Raymond James · Rank #412
Buy
$185.00+10.4% to target
Overall win rate
29%
+ Follow
#3
Gray Powell
BTIG
Buy
$187.00+11.6% to target
Coverage
—
+ Follow
#4
Saket Kalia
Barclays
Buy
$180.00+7.4% to target
Coverage
—
+ Follow
#5
Eric Heath
Keybanc
Buy
$190.00+13.4% to target
Coverage
—
+ Follow
OKTA stock forecast FAQ
What is OKTA's average 12-month price target?+
The 31 analysts with a live target average $178.48 for Okta Inc over the next 12 months, ranging from a $203.00 high to a $92.00 low.
Is OKTA stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 33 analyst ratings, 27 are Buy or Strong Buy, 6 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for OKTA?+
The Street-high target is $203.00 (Goldman Sachs), and the Street-low is $92.00. The average of all 31 active targets is $178.48.
How many Wall Street analysts cover OKTA?+
33 analysts have an active rating on Okta Inc, and 31 firms carry a live 12-month price target.
Who is the most accurate analyst covering OKTA?+
Among analysts who currently cover OKTA, Michael Turrin of Wells Fargo has the strongest overall Quantellect track record (Rank #352). Their current call is Buy with a $180.00 target.
What is Okta Inc's projected EPS for next quarter?+
The consensus estimate is $1.03 per share (range $1.00 – $1.10) across 41 analysts. Full-year EPS is projected at $3.93, rising to $4.38 the following year.
How much revenue is Okta Inc expected to report next quarter?+
Consensus revenue is $837.9M (range $835.2M – $857.9M). Full-year revenue is projected at $3.2B, growing to $3.5B next year.
Have analysts been upgrading or downgrading OKTA lately?+
As of Sep, 27 of 33 firms rate OKTA a Buy (6 Hold, 0 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.
