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Okta (OKTA) stock consensus forecasts for the month and 2024 - 2028.

Last update: 10/15/2024, 01:49 AM


Brief information about Okta, Inc.

Ticker: OKTA

Sector: Technology

Closing price of the last trading day: $77.97

Last trading day: 10/14/2024

Analyst forecast price: $85.81

52-week high/low: $92.38 / $65.04

Shares of Okta, Inc. are traded on the stock exchange under the ticker OKTA and belong to the "Technology" sector. The head office is currently located at: 100 FIRST STREET, SUITE 600, SAN FRANCISCO, CA, US. The market capitalization of Okta is $14 001 414 000. At the same time, the number of shares in circulation is 158 045 000. The company's earnings before interest, taxes and depreciation for last year (called EBITDA) was -451 000 000$. The company has no profit and is unprofitable.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for Okta shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.



Okta stock forecast

For investing in Okta stock, the investor is interested in the long-term outlook. We have collected for you all the forecasts of world analysts for the shares of this company and combined them into one consensus forecast for 2024, 2025, 2026, 2027, 2028?

After studying the forecasts, we can answer the questions:

How much will one share of Okta cost in 2024, 2025, 2026, 2027, 2028?

What is the consensus analyst forecast for Okta stock?

Should you buy Okta stock short term or long term?

Should I sell Okta shares in 2024 or wait?

Should I buy Okta stock in 2024 or wait?

Where is the estimated entry/exit point in Okta stock?

But remember, these forecasts are not investment ideas. You are fully responsible for the decisions you make.

How is a forecast made?

We collect public data about Okta and analyst forecasts for Okta stock. Next, the algorithms calculate a weighted average forecast, removing extreme values. As a result, at the output we get an updated forecast, as close as possible to reality.

Okta daily forecast for a month

After collecting analysts' forecasts, we made one average daily forecast for Okta shares for the next month. Short-term forecasts are characterized by rather low accuracy due to many factors influencing them. But let's see what we got.

Below on the page is a graph of the consensus forecast for Okta stock for the next month. (30 days). The gray color on the chart shows the historical price of the stock. The turquoise color shows the price forecast with a possible range of fluctuations.

The maximum target price that Okta shares will reach in the next 30 days is $83.14. This is the upper limit of the target price range. This represents upside potential of 6.63% from current levels.

In turn, the minimum value that the price can reach in 30 days is $69.82. From the current price, the drop will be 11.67%.

Thus, on the monthly timeframe, a channel is formed with a resistance level of $83.14 and a support level of $69.82. The width of this channel is $13.32. Accordingly, according to the theory of technical analysis, a downward breakdown of the channel will open the way to $57. If the resistance level is broken, then the road to $96 per share of Okta will open.

What is the probability of exiting the channel up? Near the resistance level, the price of Okta shares will be 12 days out of the entire period. Therefore, it is highly likely that Okta shares will break through the resistance level in the next 30 days or in the next period. It is worth considering that if stocks break through the $83.14 resistance level and try to gain a foothold above it, then in the future they will most likely test this level from above and if the $83.14 mark holds, then this will be a new channel with new goals.

How about testing the strength of the support level? The price will stay near the support level for 1 days. Breaking through the resistance level is unlikely.

In addition, the real future price of one Okta share can be both higher and lower than the target forecast price, but approximately in the range between the pessimistic and optimistic target price.

Forecast table for 30 days
Date Target Pes. Opt. Vol., %
Oct 17 81.09 77.29 82.21 6.36
Oct 18 79.05 77.15 81.28 5.35
Oct 19 75.16 72.36 76.87 6.23
Oct 20 73.58 72.52 76.89 6.03
Oct 21 74.24 71.70 77.36 7.89
Oct 22 74.91 73.43 77.65 5.75
Oct 23 74.15 73.26 75.61 3.22
Oct 24 74.68 71.68 76.52 6.75
Oct 25 77.99 74.81 81.69 9.20
Oct 26 78.09 74.72 79.40 6.27
Oct 27 78.42 77.01 81.62 5.99
Oct 28 78.79 76.43 82.34 7.73
Oct 29 79.03 77.99 81.31 4.26
Oct 30 78.41 75.78 81.61 7.70
Oct 31 78.32 76.53 81.75 6.82
Nov 01 79.63 77.48 81.64 5.36
Nov 02 77.91 76.79 79.74 3.84
Nov 03 80.06 76.94 83.14 8.05
Nov 04 77.71 76.73 80.88 5.41
Nov 05 75.66 72.53 77.07 6.26
Nov 06 77.25 74.14 79.70 7.50
Nov 07 76.37 73.34 77.60 5.81
Nov 08 77.01 75.39 78.72 4.41
Nov 09 79.09 77.76 80.70 3.78
Nov 10 79.56 76.13 82.67 8.59
Nov 11 77.80 76.26 79.71 4.53
Nov 12 74.67 73.37 76.86 4.76
Nov 13 71.98 69.82 75.05 7.48
Nov 14 74.14 72.05 76.85 6.67
Nov 15 75.34 72.86 77.74 6.70

Okta Stock Forecast 17 Oct.

Presumably, on 10/17/2024, the price of shares will be in the range of $77.29 - $82.21. A $4.91 range width can provide 6.36% volatility. The weighted average price of this range is at $81.09, which is $0.34 lower than the previous day's weighted average price.

Okta Stock Forecast 18 Oct.

Presumably, on 10/18/2024, the price of shares will be in the range of $77.15 - $81.28. A $4.13 range width can provide 5.35% volatility. The weighted average price of this range is at $79.05, which is $2.04 lower than the previous day's weighted average price.

Okta Stock Forecast 19 Oct.

Presumably, on 10/19/2024, the price of shares will be in the range of $72.36 - $76.87. A $4.51 range width can provide 6.23% volatility. The weighted average price of this range is at $75.16, which is $3.89 lower than the previous day's weighted average price.

Okta Stock Forecast 20 Oct.

Presumably, on 10/20/2024, the price of shares will be in the range of $72.52 - $76.89. A $4.37 range width can provide 6.03% volatility. The weighted average price of this range is at $73.58, which is $1.58 lower than the previous day's weighted average price.

Okta Stock Forecast 21 Oct.

Presumably, on 10/21/2024, the price of shares will be in the range of $71.70 - $77.36. A $5.66 range width can provide 7.89% volatility. The weighted average price of this range is at $74.24, which is $0.66 higher than the previous day's weighted average price.

Okta Stock Forecast 22 Oct.

Presumably, on 10/22/2024, the price of shares will be in the range of $73.43 - $77.65. A $4.22 range width can provide 5.75% volatility. The weighted average price of this range is at $74.91, which is $0.67 higher than the previous day's weighted average price.

Okta Stock Forecast 23 Oct.

Presumably, on 10/23/2024, the price of shares will be in the range of $73.26 - $75.61. A $2.36 range width can provide 3.22% volatility. The weighted average price of this range is at $74.15, which is $0.76 lower than the previous day's weighted average price.

Okta Stock Forecast 24 Oct.

Presumably, on 10/24/2024, the price of shares will be in the range of $71.68 - $76.52. A $4.84 range width can provide 6.75% volatility. The weighted average price of this range is at $74.68, which is $0.53 higher than the previous day's weighted average price.

Okta Stock Forecast 26 Oct.

Presumably, on 10/26/2024, the price of shares will be in the range of $74.72 - $79.40. A $4.69 range width can provide 6.27% volatility. The weighted average price of this range is at $78.09, which is $0.09 higher than the previous day's weighted average price.

Okta Stock Forecast 27 Oct.

Presumably, on 10/27/2024, the price of shares will be in the range of $77.01 - $81.62. A $4.61 range width can provide 5.99% volatility. The weighted average price of this range is at $78.42, which is $0.33 higher than the previous day's weighted average price.

Okta Stock Forecast 28 Oct.

Presumably, on 10/28/2024, the price of shares will be in the range of $76.43 - $82.34. A $5.91 range width can provide 7.73% volatility. The weighted average price of this range is at $78.79, which is $0.38 higher than the previous day's weighted average price.

Okta Stock Forecast 29 Oct.

Presumably, on 10/29/2024, the price of shares will be in the range of $77.99 - $81.31. A $3.32 range width can provide 4.26% volatility. The weighted average price of this range is at $79.03, which is $0.24 higher than the previous day's weighted average price.

Okta Stock Forecast 30 Oct.

Presumably, on 10/30/2024, the price of shares will be in the range of $75.78 - $81.61. A $5.83 range width can provide 7.70% volatility. The weighted average price of this range is at $78.41, which is $0.62 lower than the previous day's weighted average price.

Okta Stock Forecast 31 Oct.

Presumably, on 10/31/2024, the price of shares will be in the range of $76.53 - $81.75. A $5.22 range width can provide 6.82% volatility. The weighted average price of this range is at $78.32, which is $0.09 lower than the previous day's weighted average price.

Okta Stock Forecast 01 Nov.

Presumably, on 11/01/2024, the price of shares will be in the range of $77.48 - $81.64. A $4.16 range width can provide 5.36% volatility. The weighted average price of this range is at $79.63, which is $1.32 higher than the previous day's weighted average price.

Okta Stock Forecast 02 Nov.

Presumably, on 11/02/2024, the price of shares will be in the range of $76.79 - $79.74. A $2.95 range width can provide 3.84% volatility. The weighted average price of this range is at $77.91, which is $1.72 lower than the previous day's weighted average price.

Okta Stock Forecast 03 Nov.

Presumably, on 11/03/2024, the price of shares will be in the range of $76.94 - $83.14. A $6.20 range width can provide 8.05% volatility. The weighted average price of this range is at $80.06, which is $2.15 higher than the previous day's weighted average price.

Okta Stock Forecast 04 Nov.

Presumably, on 11/04/2024, the price of shares will be in the range of $76.73 - $80.88. A $4.15 range width can provide 5.41% volatility. The weighted average price of this range is at $77.71, which is $2.35 lower than the previous day's weighted average price.

Okta Stock Forecast 05 Nov.

Presumably, on 11/05/2024, the price of shares will be in the range of $72.53 - $77.07. A $4.54 range width can provide 6.26% volatility. The weighted average price of this range is at $75.66, which is $2.05 lower than the previous day's weighted average price.

Read more

Okta monthly stock forecast for 2024, 2025, 2026, 2027, 2028.

Table of forecasts for 2024.
Month Target Pes. Opt. Vol., %
Nov. 73.12 66.37 80.63 17.68
Dec. 75.30 67.67 80.69 16.14

Now let's look at the monthly consensus forecast for this year and beyond. The forecast is also based on the forecasts of world analysts, which are in the public domain. Forecasts for the year are medium-term and less dependent on external factors, and therefore more accurate than daily forecasts.

This year, the maximum possible price per Okta share is projected at $80.69. Peak forecasts from some agencies, which vary greatly in price, we have omitted.

The minimum levels for Okta shares for this year are $66.37.

Similarly, we calculated the consensus forecasts for the coming years, which are summarized in tables for convenience.

Okta (OKTA) Monthly Stock Prediction for 2025

Table of forecasts for 2025.
Month Target Pes. Opt. Vol., %
Jan 75.79 72.74 79.73 8.77
Feb 75.20 72.95 80.38 9.24
Mar 70.02 63.47 76.48 17.02
Apr 68.65 66.78 70.71 5.55
May 64.64 58.00 69.68 16.76
Jun 68.25 65.06 73.58 11.58
Jul 69.41 66.97 74.46 10.06
Aug 71.39 66.66 76.77 13.18
Sep 73.06 68.79 78.47 12.35
Oct 71.73 69.68 75.74 8.00
Nov 80.22 75.52 84.81 10.94
Dec 87.00 81.68 93.10 12.27

Okta (OKTA) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month Target Pes. Opt. Vol., %
Jan 92.99 90.57 101.45 10.72
Feb 99.64 89.53 109.87 18.51
Mar 100.42 92.19 106.55 13.48
Apr 112.16 106.91 121.64 12.11
May 113.77 104.30 119.24 12.53
Jun 116.73 113.54 124.77 9.00
Jul 123.10 118.94 133.34 10.80
Aug 125.82 118.30 138.90 14.84
Sep 120.91 110.54 133.33 17.09
Oct 130.97 123.82 141.53 12.51
Nov 129.95 117.96 140.26 15.90
Dec 141.27 130.43 147.51 11.58



Okta (OKTA) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month Target Pes. Opt. Vol., %
Jan 145.68 131.09 154.01 14.88
Feb 141.51 128.08 146.48 12.56
Mar 131.94 127.66 135.72 5.94
Apr 134.86 120.84 146.43 17.48
May 118.03 106.68 123.40 13.55
Jun 121.71 110.16 126.30 12.78
Jul 118.07 113.32 122.22 7.28
Aug 124.21 119.85 127.44 5.95
Sep 129.70 122.12 133.92 8.81
Oct 136.95 122.89 144.08 14.71
Nov 137.84 128.17 145.73 12.05
Dec 133.18 126.61 139.94 9.53

Okta (OKTA) Monthly Stock Prediction for 2028

Table of forecasts for 2028.
Month Target Pes. Opt. Vol., %
Jan 139.07 134.19 146.66 8.51
Feb 146.66 138.28 156.20 11.47
Mar 142.28 127.48 147.27 13.44
Apr 150.42 144.55 161.17 10.31
May 142.99 134.99 154.88 12.84
Jun 148.01 134.54 157.43 14.54
Jul 142.04 137.79 155.15 11.19
Aug 141.30 136.89 144.98 5.57
Sep 150.30 141.90 159.10 10.81
Oct 163.79 148.24 172.73 14.18
Nov 154.20 146.19 158.61 7.84
Dec 173.45 157.67 186.98 15.68


Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal updownforecast.info is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.