Okta, Inc. (NASDAQ:OKTA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Posted by Francis Steltz on Sep 13th, 2026

Shares of Okta, Inc. (NASDAQ:OKTA – Get Free Report) have received an average rating of “Moderate Buy” from the forty-three ratings firms that are presently covering the stock, MarketBeat reports. Ten research analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $172.9211.

Several equities analysts have weighed in on the stock. Susquehanna boosted their target price on shares of Okta from $110.00 to $185.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Needham & Company LLC lifted their price target on shares of Okta from $140.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. HC Wainwright initiated coverage on shares of Okta in a research report on Monday, July 6th. They set a “buy” rating on the stock. Scotiabank reiterated an “outperform” rating and issued a $190.00 price objective on shares of Okta in a report on Thursday, August 27th. Finally, Royal Bank Of Canada increased their price objective on Okta from $166.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th.

View Our Latest Report on Okta

Insiders Place Their Bets

In other news, insider Larissa Schwartz sold 2,463 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $120.00, for a total transaction of $295,560.00. Following the completion of the transaction, the insider directly owned 25,241 shares in the company, valued at approximately $3,028,920. This represents a 8.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Todd McKinnon sold 68,936 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $146.62, for a total value of $10,107,396.32. Following the sale, the chief executive officer directly owned 38,484 shares of the company’s stock, valued at $5,642,524.08. The trade was a 64.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 155,376 shares of company stock worth $23,734,135. Company insiders own 4.61% of the company’s stock.

Institutional Investors Weigh In On Okta

A number of institutional investors have recently made changes to their positions in the stock. Washington Trust Advisors Inc. boosted its position in shares of Okta by 64.2% during the 2nd quarter. Washington Trust Advisors Inc. now owns 197 shares of the company’s stock worth $27,000 after purchasing an additional 77 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in Okta by 279.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 296 shares of the company’s stock valued at $40,000 after purchasing an additional 218 shares during the last quarter. SHP Wealth Management purchased a new stake in Okta in the fourth quarter valued at approximately $27,000. EFG International AG purchased a new stake in Okta in the fourth quarter valued at approximately $61,000. Finally, Assetmark Inc. lifted its stake in Okta by 81.1% during the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $57,000 after purchasing an additional 322 shares in the last quarter. 86.64% of the stock is currently owned by institutional investors and hedge funds.

Okta Stock Performance

Shares of Okta stock opened at $166.50 on Friday. Okta has a one year low of $62.66 and a one year high of $179.44. The company has a market cap of $29.11 billion, a price-to-earnings ratio of 100.30, a PEG ratio of 5.18 and a beta of 0.79. The business’s 50 day moving average price is $149.44 and its 200 day moving average price is $111.45.

Okta (NASDAQ:OKTA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.09. Okta had a net margin of 9.63% and a return on equity of 4.50%. The firm had revenue of $805.00 million for the quarter, compared to analysts’ expectations of $793.00 million. During the same quarter in the previous year, the company posted $0.91 EPS. The company’s revenue was up 10.6% compared to the same quarter last year. Okta has set its FY 2027 guidance at 3.900-3.940 EPS and its Q3 2027 guidance at 0.920-0.940 EPS. On average, analysts predict that Okta will post 1.92 EPS for the current fiscal year.

Okta Company Profile

(Get Free Report)

Okta, Inc provides cloud-based identity and access management solutions for organizations. Its platform helps businesses securely connect employees, customers, partners and applications while managing authentication, authorization and user access across cloud, on-premises and mobile environments.

The company’s offerings include single sign-on, multifactor authentication, adaptive access controls, lifecycle management, identity governance and privileged access capabilities. Through its Customer Identity Cloud, powered by Auth0, Okta also provides tools for developers and businesses to embed authentication and authorization features into applications and digital services.

Founded in 2009 by Todd McKinnon and Frederic Kerrest, Okta completed its initial public offering in 2017.