
Okta (OKTA) Stock Forecast & Price Target
Okta (OKTA) Analyst Ratings
Bulls say
Okta has demonstrated strong revenue growth, achieving a total revenue increase of 11.6% year-over-year, surpassing both Stifel and broader market estimates of 9.9%. The significant expansion of total contract value generated through the AWS Marketplace, which grew over 45% to approximately $750 million in FY26, further highlights the firm's robust partner-related revenue growth. Additionally, the identity and access management sector is projected to grow at a CAGR of 18% over the next five years, positioning Okta favorably within a rapidly expanding market.
Bears say
Okta has experienced a significant deceleration in revenue growth since early 2022, a trend that suggests the company may be facing structural challenges, including increased competition from platform-based models and AI-native disruptors. Financial projections indicate that for 1QFY27, total revenue is expected to be slightly below consensus, while both non-GAAP operating income and free cash flow margin are also projected to underperform relative to market expectations. Furthermore, the anticipated compression in operating margins for FY27 compared to FY26 is likely to adversely impact investor sentiment and stock performance in the near term.
This aggregate rating is based on analysts' research of Okta and is not a guaranteed prediction by Public.com or investment advice.
Okta (OKTA) Analyst Forecast & Price Prediction
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