OKTA

Okta
D

OKTA

Arincen85/100B

Okta stock forecast 2027–2029

Analysts' average 12-month price target for Okta is 201.76, 13.3% above the current price of 178.12. Their targets range from 60.00 to 245.00.

Of the 34 firms that rated Okta in the past 12 months, 27 rate it buy or strong buy, 7 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.

12-month price target
201.76 USD
+13.27%

Analysts' 1-year price targets range from 60.00 to 245.00, with an average of 201.76.

Past year
1-year forecast
Strong sellStrong buy
Buy
34 ratings
Buy
27
Hold
7
Sell
0

12-month price target

Highest target245.00
Average target201.76
Lowest target60.00
Current price178.12

Okta price target history

Have analysts recently raised or lowered their Okta price target and rating?

See how analysts moved their price target

How analysts rate Okta, month by month

27 of 34 firms rate it buy now, against 20 of 30 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 2026277034
Oct 2026277034
Sept 2026277034
Aug 2026276033
Jul 2026247132
Jun 2026238132
May 2026247132
Apr 2026247132
Mar 2026228131
Feb 2026219131
Jan 2026218130
Dec 2025209130

Okta analyst upgrades, downgrades and price targets

The latest rating change came on 17 September 2026, when Bernstein downgraded Okta from Outperform to Market Perform. Its price target is 174.00, from 143.00. The most recent new target came from BMO Capital on 9 October 2026: 245.00.

DateFirmRatingPrice targetChangePrice then
9 Oct 2026
BMO Capital
Reiterated · Outperform230.00 → 245.00+6.5%224.79
28 Sept 2026
Scotiabank
Patrick Colville
Reiterated · Sector Outperform190.00 → 245.00+28.9%197.40

Okta EPS and revenue estimates

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2029 (est.) 4.89+12.5%3.27 – 6.60 3.92B+10.7%3.83B – 4.16B8
FY2028 (est.) 4.34+10.6%4.01 – 5.77 3.54B+9.9%3.50B – 3.68B24
FY2027 (est.) 3.93+12.6%3.91 – 3.99 3.22B+10.4%3.19B – 3.24B26
FY2026 3.49+23.8%— 2.92B+11.8%——
FY2025 2.82+76.2%— 2.61B+15.3%——
FY2024 1.60—— 2.26B+21.8%——
FY2023 -1.16—— 1.86B———

Does Okta beat earnings estimates?

On average, analysts' EPS estimate was 14.9% off the result, either way, and their revenue estimate 2.1%, over the last 12 quarters.

EPS beats
36 / 38
Revenue beats
21 / 38
Average EPS surprise, last 12
+14.9%
Since
June 2017
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q2 FY202726 Aug 20260.971.05+8.8%793.00M805.00M+1.5%
Q1 FY202728 May 20260.850.91+6.7%751.84M765.00M+1.7%
Q4 FY20264 Mar 20260.850.90+6.4%749.52M761.00M+1.5%
Q3 FY20262 Dec 20250.760.82+8.2%730.82M742.00M+1.5%
Q2 FY202626 Aug 20250.850.91+7.4%712.26M728.00M+2.2%
Q1 FY202627 May 20250.770.86+11.7%680.28M688.00M+1.1%
Q4 FY20253 Mar 20250.740.78+6.0%668.91M682.00M+2.0%
Q3 FY20253 Dec 20240.580.67+15.5%649.74M665.00M+2.3%
Q2 FY202528 Aug 20240.610.72+18.0%632.60M646.00M+2.1%
Q1 FY202529 May 20240.540.65+19.7%604.35M617.00M+2.1%
Q4 FY202428 Feb 20240.510.63+23.8%587.20M605.00M+3.0%
Q3 FY202429 Nov 20230.300.44+46.7%563.14M584.00M+3.7%

Okta stock price 2027–2029: scenarios

There are no price scenarios for Okta: its P/E has been above 60, or from losses, too often in the last five years to price its earnings at, and similar companies' P/Es put its value too far from its price to stand in. The earnings analysts expect are in the estimates above.

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Common questions about the Okta stock forecast