Okta Stock Forecast

Stock Price Forecast

The 35 analysts with 12-month price forecasts for Okta stock have an average target of 115.31, with a low estimate of 75 and a high estimate of 140. The average target predicts a decrease of -7.14% from the current stock price of 124.17.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75	$115.31	$120	$140
Change	-39.60%	-7.14%	-3.36%	+12.75%

Analyst Ratings

The average analyst rating for Okta stock from 36 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	8	8	8	9	10	11
Buy	9	9	9	11	10	10
Hold	18	17	17	13	14	14
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	36	35	35	34	35	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Yun Kim Loop Capital	Loop Capital	Strong Buy Initiates $140	Strong Buy	Initiates	$140	+12.75%	May 5, 2025
Taz Koujalgi Roth Capital	Roth Capital	Strong Buy Initiates $119	Strong Buy	Initiates	$119	-4.16%	Apr 23, 2025
Simeon Gutman Morgan Stanley	Morgan Stanley	Buy Maintains $125 → $123	Buy	Maintains	$125 → $123	-0.94%	Apr 16, 2025
Brian Colley Stephens & Co.	Stephens & Co.	Hold Initiates $127	Hold	Initiates	$127	+2.28%	Apr 1, 2025
Jonathan Ruykhaver Cantor Fitzgerald	Cantor Fitzgerald	Buy Initiates $130	Buy	Initiates	$130	+4.70%	Mar 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.92B

from 2.61B

11.88%

from 2.61B

Revenue Next Year

3.21B

from 2.92B

9.86%

from 2.92B

EPS This Year

3.27

from 0.15

2,066.90%

from 0.15

EPS Next Year

3.61

from 3.27

10.51%

from 3.27

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027	Jan 31, 2028
Revenue	835.00M	1.30B	1.86B	2.26B	2.61B	2.92B	3.21B	3.56B
Revenue Growth	42.48%	55.69%	42.92%	21.80%	15.33%	11.88%	9.86%	10.82%
EPS	-2.09	-5.73	-5.16	-2.17	0.15	3.27	3.61	3.58
EPS Growth	-	-	-	-	-	2,066.90%	10.51%	-0.85%
Forward PE	-	-	-	-	-	37.97	34.36	34.65
No. Analysts	-	-	-	-	-	45	43	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	3.1B	3.6B	3.8B
Avg	2.9B	3.2B	3.6B
Low	2.8B	3.0B	3.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	19.7%	23.3%	18.0%
Avg	11.9%	9.9%	10.8%
Low	6.7%	2.2%	2.8%

EPS Forecast

EPS	2026	2027	2028
High	3.73	4.92	5.33
Avg	3.27	3.61	3.58
Low	3.08	3.16	-0.93

EPS Growth

EPS Growth	2026	2027	2028
High	2,369.7%	50.6%	47.6%
Avg	2,066.9%	10.5%	-0.8%
Low	1,938.8%	-3.3%	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.