Fintel reports that on December 16, 2025, Jefferies upgraded their outlook for Okta (NasdaqGS:OKTA) from Hold to Buy.
Analyst Price Forecast Suggests 28.85% Upside
As of December 6, 2025, the average one-year price target for Okta is $113.65/share. The forecasts range from a low of $75.75 to a high of $152.25. The average price target represents an increase of 28.85% from its latest reported closing price of $88.20 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Okta is 2,974MM, an increase of 4.72%. The projected annual non-GAAP EPS is 1.34, a decrease of 31.70% from the prior forecast.
What is the Fund Sentiment?
There are 1,358 funds or institutions reporting positions in Okta. This is an decrease of 1 owner(s) or 0.07% in the last quarter. Average portfolio weight of all funds dedicated to OKTA is 0.26%, an increase of 9.90%. Total shares owned by institutions decreased in the last three months by 3.12% to 176,962K shares. 
The put/call ratio of OKTA is 0.78, indicating a bullish outlook.
What are Other Shareholders Doing?
IJH - iShares Core S&P Mid-Cap ETF holds 5,445K shares representing 3.21% ownership of the company.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,381K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 5,185K shares , representing an increase of 3.65%. The firm decreased its portfolio allocation in OKTA by 12.02% over the last quarter.
First Trust Advisors holds 4,704K shares representing 2.78% ownership of the company. In its prior filing, the firm reported owning 4,901K shares , representing a decrease of 4.19%. The firm decreased its portfolio allocation in OKTA by 18.66% over the last quarter.
Massachusetts Financial Services holds 4,636K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 4,456K shares , representing an increase of 3.88%. The firm decreased its portfolio allocation in OKTA by 6.85% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 3,689K shares representing 2.18% ownership of the company. In its prior filing, the firm reported owning 3,523K shares , representing an increase of 4.50%. The firm decreased its portfolio allocation in OKTA by 9.21% over the last quarter.
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This story originally appeared on Fintel.
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