Okta (OKTA) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Okta (OKTA) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 19, 2024 (12:30)

Sector: Technology

The share price of Okta, Inc. (OKTA) now

Latest session on the 19th of April for
Okta, Inc. is negative
Trading Volume: 1104144
Open: 93.27 /  High: 94.255 /  Low: 91.26
What analysts predict: $113.83
52-week High/Low: $114.5 / $65.04

50/200 Day Moving Average: $97.9 / $82.39

This figure corresponds to the Average Price over the previous 50/200 days. For Okta stocks, the 50-day moving average is the resistance level today.

For Okta stocks, the 200-day moving average is the support level today.

Are you interested in Okta, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Okta stock price in 2024, 2025, 2026, 2027, 2028. How much will one Okta share be worth in 2024 - 2028?

When should I take profit in Okta stock? When should I record a loss on Okta stock? What are analysts' forecasts for Okta stock? What is the future of Okta stock? We forecast Okta stock performance using neural networks based on historical data on Okta stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Okta stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Okta shares. This happens once a day.


Historical and forecast chart of Okta stock

The chart below shows the historical price of Okta stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Okta stock price can be found in the table below.

Long-term forecasts by years.

Okta, Inc. is dedicated to providing an identity management platform for the enterprise. It operates across the United States and international geographic segments. The firm’s products include single sign-on, multi-factor authentication, API access control, authentication, user management, and lifecycle management. The company was founded by Todd McKinnon and J. Frederick Kerrest in 2009 and is headquartered in San Francisco, California.

Okta daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 21 94.25 92.89 96.32 3.69
Apr 22 92.67 91.70 93.85 2.34
Apr 23 93.56 91.24 94.34 3.40
Apr 24 91.39 88.90 93.91 5.63
Apr 25 92.19 91.34 94.03 2.95
Apr 26 94.74 92.99 97.16 4.48
Apr 27 93.22 90.31 95.61 5.86
Apr 28 91.36 88.65 92.96 4.86
Apr 29 89.78 88.28 92.23 4.48
Apr 30 87.05 84.48 89.74 6.22
May 01 87.96 85.92 89.37 4.01
May 02 88.59 86.61 89.34 3.15
May 03 86.86 84.22 87.62 4.04
May 04 87.93 86.53 88.74 2.56
May 05 86.35 85.38 88.94 4.17
May 06 89.39 87.71 91.50 4.32
May 07 90.71 88.90 91.98 3.47
May 08 90.93 88.93 92.50 4.01
May 09 89.22 88.47 91.15 3.03
May 10 87.97 85.65 90.79 6.00
May 11 89.38 86.95 90.52 4.11
May 12 87.27 86.19 89.92 4.33
May 13 86.40 83.84 87.37 4.20
May 14 89.54 88.00 91.44 3.91
May 15 92.05 89.36 93.23 4.33
May 16 95.62 92.75 98.64 6.35
May 17 92.26 91.48 95.17 4.03
May 18 93.51 91.23 95.46 4.63
May 19 94.18 92.75 96.97 4.55
May 20 93.54 91.78 95.30 3.83

Okta Daily Price Targets


Okta Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $94.25.
Positive dynamics for Okta shares will prevail with possible volatility of 3.562%.
Pessimistic target level: 92.89
Optimistic target level: 96.32

Okta Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $92.67.
Negative dynamics for Okta shares will prevail with possible volatility of 2.291%.
Pessimistic target level: 91.70
Optimistic target level: 93.85

Okta Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $93.56.
Positive dynamics for Okta shares will prevail with possible volatility of 3.292%.
Pessimistic target level: 91.24
Optimistic target level: 94.34

Okta Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $91.39.
Negative dynamics for Okta shares will prevail with possible volatility of 5.333%.
Pessimistic target level: 88.90
Optimistic target level: 93.91

Okta Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $92.19.
Positive dynamics for Okta shares will prevail with possible volatility of 2.863%.
Pessimistic target level: 91.34
Optimistic target level: 94.03

Okta Stock Forecast 04-26-2024.

Forecast target price for 04-26-2024: $94.74.
Positive dynamics for Okta shares will prevail with possible volatility of 4.290%.
Pessimistic target level: 92.99
Optimistic target level: 97.16

OKTA (OKTA) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 93.24 87.87 98.83 11.09
Jun. 98.50 90.58 107.12 15.45
Jul. 94.95 92.22 97.80 5.71
Aug. 83.78 80.67 89.01 9.37
Sep. 80.26 77.28 86.72 10.88
Oct. 84.21 80.68 91.59 11.92
Nov. 88.26 81.27 91.22 10.91
Dec. 91.86 86.01 94.72 9.19

Okta forecast for this year


Okta Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $93.2372. Pessimistic: $87.87. Optimistic: $98.83


Okta Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $98.4958. Pessimistic: $90.58. Optimistic: $107.12


Okta Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $94.9499. Pessimistic: $92.22. Optimistic: $97.80


Okta Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $83.7838. Pessimistic: $80.67. Optimistic: $89.01


Okta Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $80.2649. Pessimistic: $77.28. Optimistic: $86.72


Okta Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $84.2139. Pessimistic: $80.68. Optimistic: $91.59


Okta Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $88.2562. Pessimistic: $81.27. Optimistic: $91.22


Okta Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $91.8571. Pessimistic: $86.01. Optimistic: $94.72



Okta (OKTA) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 87.89 81.14 93.69 13.40
Feb 83.99 78.24 89.33 12.41
Mar 83.99 81.06 86.30 6.07
Apr 83.79 76.65 89.11 13.99
May 83.28 81.28 90.68 10.36
Jun 81.28 77.58 89.09 12.92
Jul 81.09 77.68 88.09 11.82
Aug 77.20 71.92 84.61 15.00
Sep 77.57 73.10 83.71 12.68
Oct 73.47 67.83 77.26 12.21
Nov 74.18 68.75 78.36 12.27
Dec 75.78 68.96 82.51 16.42

Okta (OKTA) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 70.23 63.49 76.97 17.52
Feb 73.86 68.63 78.82 12.93
Mar 67.92 64.49 71.59 9.91
Apr 70.93 67.95 75.44 9.93
May 76.30 71.90 83.35 13.73
Jun 84.72 79.94 90.51 11.68
Jul 84.01 77.76 91.87 15.36
Aug 85.62 83.36 93.22 10.58
Sep 75.35 72.45 80.41 9.90
Oct 72.18 69.41 75.47 8.03
Nov 67.76 64.67 72.97 11.37
Dec 72.72 65.74 75.60 13.04

Okta (OKTA) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 76.48 73.82 83.08 11.16
Feb 81.52 76.83 89.15 13.83
Mar 80.84 75.99 87.14 12.80
Apr 80.45 73.50 85.76 14.30
May 76.59 71.99 83.48 13.76
Jun 74.48 69.74 79.30 12.06
Jul 73.49 68.55 79.75 14.04
Aug 71.02 67.19 73.24 8.26
Sep 63.78 60.03 68.68 12.59
Oct 65.08 59.14 67.74 12.68
Nov 68.59 63.41 73.70 13.96
Dec 76.66 74.55 78.87 5.48

Okta (OKTA) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 73.07 71.23 74.91 4.92
Feb 78.77 74.05 81.70 9.37
Mar 80.29 72.87 84.43 13.69
Apr 84.04 81.32 88.38 7.99
May 89.79 82.90 94.86 12.61
Jun 94.32 90.81 99.30 8.55
Jul 99.52 96.18 108.96 11.73
Aug 94.63 86.00 99.17 13.28
Sep 97.47 93.49 102.96 9.20
Oct 92.09 89.65 96.39 6.99
Nov 95.07 88.34 100.55 12.14
Dec 92.56 89.12 98.22 9.27

Okta information and performance

Okta Address

100 FIRST STREET, SUITE 600, SAN FRANCISCO, CA, US

Market Capitalization: 15 904 388 000 $

Market capitalization of the Okta, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of OKTA shares in the company outstanding by the market price of one share.

EBITDA: -376 000 000 $

EBITDA of Okta is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.732

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -2.17

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.186
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 43.29

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 6.87

Enterprise Value (EV) /Revenue

EV To EBITDA: -63.44

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 160106000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.