
Okta (OKTA) Stock Forecast & Price Target
Okta (OKTA) Analyst Ratings
Bulls say
Okta's management has reported increased sales productivity and partner performance, enabling confidence in expanding sales headcount for the upcoming fiscal periods, pointing to enhanced operational effectiveness. The company's current remaining performance obligations (cRPO) rose by 12.9% year-over-year to $2.328 billion, while total remaining performance obligations (RPO) increased by 17.3% year-over-year to $4.292 billion, both exceeding consensus estimates significantly. Additionally, Okta's guidance for FY26 indicates a free cash flow margin improvement to 29%, reflecting a positive trajectory in revenue growth and operational efficiency.
Bears say
Okta's forward fourth-quarter (F4Q) committed recurring revenue (cRPO) guidance of $2.4475 billion reflects a growth rate of only 9% year-over-year, which is slightly below analyst consensus estimates, indicating potential challenges in achieving expected revenue targets. Additionally, the company faces risks related to its dependency on large enterprise clients who may prefer traditional on-premise solutions over Okta's subscription model, further complicating growth efforts. These factors, coupled with the risks of economic slowdown and competitive pressures in the identity management space, contribute to a negative outlook for Okta's stock performance.
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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