
Okta (OKTA) Stock Forecast & Price Target
Okta (OKTA) Analyst Ratings
Bulls say
Okta demonstrates a strong potential for growth by expanding the Total Addressable Market (TAM) beyond the reach of traditional legacy vendors, which may lead to further consolidation of cloud-based identity spending. The company has achieved impressive profitability metrics, with an Operating Margin (OM) of 26.7% and Free Cash Flow (FCF) of $238 million, which exceeded consensus expectations. Additionally, the current Remaining Performance Obligations (cRPO) growth of 14%, surpassing guidance of 12%, indicates robust demand and a positive outlook for future revenue generation.
Bears say
The financial analysis indicates a negative outlook for Okta's stock, primarily due to expectations of a potential decline in revenue and margins, which could result in an enterprise value-to-sales ratio significantly below peers. The downside scenario predicts a slowdown in revenue growth of 250 basis points in CY 2025-2026, necessitating a decline in tech spending, challenges in acquiring new customers, and lower renewal rates. Management has also highlighted broad-based concerns among customers regarding macroeconomic conditions, particularly in tariff-impacted sectors, further emphasizing risks to future performance and revenue targets.
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
Start investing in Okta (OKTA)
Order type
Buy in
Order amount
Est. shares
0 shares