
Okta (OKTA) Stock Forecast & Price Target
Okta (OKTA) Analyst Ratings
Bulls say
Okta's consistent improvement in operational efficiency is evidenced by management's confidence in boosting sales headcount, following enhanced partner performance and sales specialization, paving the way for increased productivity. The firm's results showcase robust financial health, with current Remaining Performance Obligations (cRPO) of $2.328 billion and Remaining Performance Obligations (RPO) of $4.292 billion growing 12.9% and 17.3% year-over-year, respectively, both surpassing consensus estimates. Furthermore, Okta has guided for a free cash flow margin increase to 29% in FY26, highlighting positive trends in financial performance and operational execution amid a stabilizing macro environment.
Bears say
Okta's F4Q cRPO guidance of $2,447.5 billion reflects a year-over-year growth of only 9%, falling short of analyst expectations, which indicates potential challenges in revenue performance amid competitive pressures. The company's reliance on large enterprises, which have a preference for on-premise solutions despite Okta's subscription-based offerings, poses a risk to its business model and may hinder future growth. Additionally, signs of economic slowdown and concerns over reputational damage from cybersecurity incidents could further negatively impact Okta's market position and financial stability.
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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