Okta Consensus Price Target Raised by 16.50% to $216.95
The average one-year price target for Okta (NASDAQGS:OKTA) (DB:0OK) has been revised to $216.95 / share. This is an increase of 16.50% from the prior estimate of $186.23 dated September 11, 2026. These figures represent aggregate analyst targets compiled by Fintel and do not constitute a recommendation orinvestment adviceby Fintel. The latest targets range from a low of $128.27 to a high of $262.50 / share. The average price target represents an increase of 2.03% from the latest reported closing price of $212.63 / share as of October 1, 2026.
The consensus target has experienced consecutive upward revisions, with the direction of the target revision increasing for 6 consecutive times. Looking at the historical trajectory, the mean target was $131.57 on August 4, 2026, rising to $177.30 on August 28, 2026, and $186.23 on September 15, 2026, before reaching $216.95 on October 2, 2026. This represents a target change of +76.47% since the 90-day baseline date of June 30, 2026. Within the observed twelve-month period, the high mean target was $216.95 on October 2, 2026, while the low mean target was $101.32 on May 14, 2026.
For context, Okta reported its latest earnings on August 26, 2026, with an actual EPS of 1.05, which exceeded the estimated EPS of 0.9867 by a surprise of +6.42%. The company's actual revenue was $805,000,000.00, representing a surprise of -0.73% against the estimated $810,938,923.00. In terms of stock performance, Okta's price changed by +2.90% over one week, relative to a baseline close of $206.64 on September 24, 2026. Over a one-month period, the price changed by +27.76% from a baseline close of $166.43 on September 1, 2026.
Recent analyst actions show maintained ratings. On September 29, 2026, Morgan Stanley maintained its Overweight rating. Citizens and Scotiabank both maintained their respective Market Outperform and Sector Outperform ratings on September 28, 2026, while Macquarie maintained its Outperform rating on September 25, 2026. The recommendation trend for the period of September 1, 2026, shows 13 strong buy, 30 buy, and 9 hold recommendations, representing 82.7% positive recommendations out of a total of 52. This compares to the prior period of August 1, 2026, which had 12 strong buy, 28 buy, 11 hold, and 1 sell recommendations, representing 76.9% positive recommendations.
Okta operates in the Information Technology sector within the Application Software sub-industry. Out of 23 companies covered in this sub-industry, 11 have experienced raised targets, 6 were lowered, and 6 remained unchanged, with a sub-industry median revision of 0.00% and a median implied change of +14.41%. Several of Okta's peers in the identity and cloud security space have also seen positive target revisions.
| Company Name | Target revision | Implied change |
|---|---|---|
| SailPoint | +5.61% | +3.05% |
| Zscaler | +4.55% | +7.45% |
| Microsoft | +0.84% | +15.11% |
The peer group shows a general upward trend in target revisions, led by SailPoint, followed by Zscaler and Microsoft.
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This story originally appeared on Fintel.