
Okta (OKTA) Stock Forecast & Price Target
Okta (OKTA) Analyst Ratings
Bulls say
Okta's management has reported significant improvements in partner performance and sales productivity, leading to increased confidence in expanding sales headcount for the upcoming fiscal periods. The company's contractually recurring revenue (cRPO) and remaining performance obligations (RPO) both exhibited impressive year-over-year growth, surpassing consensus estimates by notable margins, which reflects strong operational momentum. Furthermore, Okta has guided for a free cash flow margin increase for FY26, indicating robust financial health and potential for continued growth as the company enhances execution and introduces new products.
Bears say
Okta's fourth quarter current remaining performance obligation (cRPO) guidance of $2.4475 billion reflects a year-over-year growth of 9%, which is slightly below market consensus, indicating potential challenges in meeting growth expectations. The company's dependency on subscription-based sales, as opposed to traditional on-premise purchases favored by some large enterprises, may also hinder its growth trajectory, especially if economic conditions deteriorate. Additionally, pressure from intensified competition, inconsistent execution over recent years, and risks associated with customer security could impede Okta's performance and investor confidence.
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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