
Okta (OKTA) Stock Forecast & Price Target
Okta (OKTA) Analyst Ratings
Bulls say
Okta has demonstrated strong business momentum with significant year-over-year growth in key financial metrics, including a 12.9% increase in current remaining performance obligations (cRPO) and a 17.3% rise in remaining performance obligations (RPO), both of which exceeded consensus estimates. The firm has also shown improved sales productivity and has confidence in enhancing its sales headcount, indicating a positive outlook for revenue generation moving forward. Additionally, Okta's guidance for a free cash flow margin increase to 29% in FY26 underscores its strengthening financial performance and potential for future growth.
Bears say
Okta's forward fourth-quarter contractually recurring revenue (cRPO) guidance reflects a growth of only 9% year-over-year, falling short of market consensus expectations, indicating potential challenges in maintaining momentum. The reliance on subscription-based sales to large enterprises, coupled with the possibility of economic slowdown, raises concerns about future revenue stability and customer adoption. Additionally, heightened competition, inconsistent execution in recent years, and risks related to customer security breaches further contribute to a negative outlook for the company.
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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