Wall Street analyst estimates for Okta, Inc. (OKTA): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services.
Consensus price target
$201.76 (+9 % vs price $184.87)
between $60.00 and $245.00 · 64 targets published in the last quarter
Closing price, Nov 2
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $3.2B | $3.2B – $3.2B | $3.93 | 26 |
| 2028E | $3.5B | $3.5B – $3.7B | $4.34 | 24 |
| 2029E | $3.9B | $3.8B – $4.2B | $4.89 | 8 |
Fiscal year ending in January · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 39 |
| Hold | 13 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 53 |
| Avg rating (−2 sell to +2 buy) | 0.72 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-12-01 | $0.93 | ||
| 2026-08-26 | $1.05 | $0.96 | +8.8% |
| 2026-05-28 | $0.91 | $0.85 | +6.7% |
| 2026-03-04 | $0.90 | $0.85 | +6.4% |
| 2025-12-02 | $0.82 | $0.76 | +8.2% |
| 2025-08-26 | $0.91 | $0.85 | +7.4% |
| 2025-05-27 | $0.86 | $0.77 | +11.7% |
| 2025-03-03 | $0.78 | $0.74 | +6.0% |
Valuation Ratios
| P/E Ratio | 111.37 |
| Price / Book | 4.62 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $160.8M | $256.5M | $399.3M | $586.1M | $835.0M | $1.30B | $1.86B | $2.26B | $2.61B | $2.92B |
| Cost of Revenue | $55.9M | $80.8M | $113.4M | $159.4M | $217.7M | $396.4M | $546.0M | $581.0M | $618.0M | $661.0M |
| Gross Profit | $104.9M | $175.8M | $285.8M | $426.7M | $617.0M | $904.0M | $1.31B | $1.68B | $1.99B | $2.26B |
| Research & Development | $38.7M | $70.8M | $102.4M | $159.3M | $223.0M | $469.0M | $620.0M | $656.0M | $642.0M | $639.0M |
| Selling, General & Admin | $140.9M | $216.8M | $303.1M | $453.2M | $598.0M | $1.20B | $1.48B | $1.49B | $1.41B | $1.47B |
| Operating Expenses | $179.5M | $287.6M | $405.5M | $612.5M | $821.0M | $1.67B | $2.12B | $2.20B | $2.06B | $2.10B |
| Operating Income | -$74.7M | -$111.9M | -$119.6M | -$185.8M | -$204.0M | -$768.0M | -$812.0M | -$516.0M | -$63.0M | $153.0M |
| EBITDA | -$70.1M | -$103.2M | -$102.4M | -$165.5M | -$156.0M | -$651.0M | -$676.0M | -$245.0M | $149.0M | $355.0M |
| Interest Expense | 0 | 0 | $15.1M | $27.0M | $72.7M | $91.0M | $11.0M | $8.0M | $5.0M | $4.0M |
| Pre-tax Income | -$74.6M | -$110.2M | -$125.5M | -$210.3M | -$266.0M | -$850.0M | -$801.0M | -$337.0M | $46.0M | $255.0M |
| Income Tax | $425,000 | -$321,000 | -$17,000 | -$1.4M | 0 | -$2.0M | $14.0M | $18.0M | $18.0M | $20.0M |
| Net Income | -$75.1M | -$109.8M | -$125.5M | -$208.9M | -$266.0M | -$848.0M | -$815.0M | -$355.0M | $28.0M | $235.0M |
| EPS | -$0.92 | -$1.38 | -$1.17 | -$1.78 | -$2.09 | -$5.73 | -$5.16 | -$2.17 | $0.17 | $1.34 |
| EPS (Diluted) | -$0.92 | -$1.38 | -$1.17 | -$1.78 | -$2.09 | -$5.73 | -$5.16 | -$2.17 | $0.06 | $1.31 |
| Shares Outstanding (Diluted) | 90.8 M | 83.0 M | 107.5 M | 117.2 M | 127.2 M | 148.0 M | 158.0 M | 163.6 M | 175.1 M | 179.3 M |
Price
| Price | $184.87 (closing price, November 2, 2026) |
| Market Cap | $30.9B |
| Exchange | NASDAQ |
| Country | US |
Related companies: SAIL · MSFT · PLTR · ORCL · 0KF5.L · PANW · CRWD · 0IR9.L
Explore sector: Technology · Software - Infrastructure
More sections of OKTA: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks