On May 23, 2025, JP Morgan analyst Brian Essex maintained an 'Overweight' rating for Okta (OKTA, Financial). The rating reflects a continued positive outlook on the stock, with no changes in the overall rating position.
In addition to maintaining its rating, JP Morgan has raised its price target for Okta (OKTA, Financial) to $140.00 USD, up from the previous target of $120.00 USD. This adjustment indicates a significant price target increase of 16.67%.
Investors and market participants may find this information useful as it showcases JP Morgan's confidence in Okta (OKTA, Financial)'s potential for growth. The current price target suggests room for appreciation beyond previous expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 38 analysts, the average target price for Okta Inc (OKTA, Financial) is $121.69 with a high estimate of $155.00 and a low estimate of $75.00. The average target implies an downside of 2.16% from the current price of $124.37. More detailed estimate data can be found on the Okta Inc (OKTA) Forecast page.
Based on the consensus recommendation from 45 brokerage firms, Okta Inc's (OKTA, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Okta Inc (OKTA, Financial) in one year is $97.82, suggesting a downside of 21.35% from the current price of $124.37. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Okta Inc (OKTA) Summary page.
