Okta (OKTA, Financial), a leading identity and access management company, has received a reiterated rating from the investment firm Stephens & Co. The firm's analyst, Todd Weller, has maintained an "Equal-Weight" rating for the stock.
Additionally, the price target for Okta (OKTA, Financial) remains unchanged at $127.00 USD. This decision reflects the analyst's continued confidence in the company's current market positioning and future prospects. The price target was previously set at the same level, indicating no change in the valuation outlook.
These updates were provided on May 27, 2025, by analyst Todd Weller from Stephens & Co. Investors in Okta (OKTA, Financial) should take note of the maintained price target and rating as part of their strategic planning and investment considerations.
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 3.11% from the current price of $125.60. 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 $97.80, suggesting a downside of 22.13% from the current price of $125.6. 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.