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

Last update: 11/21/2024, 01:17 AM

Brief information about Okta, Inc.

Ticker: OKTA

Sector: Technology

Closing price of the last trading day: $73.69

Last trading day: 11/20/2024

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 $89.57. This is the upper limit of the target price range. This represents upside potential of 21.55% from current levels.

In turn, the minimum value that the price can reach in 30 days is $70.01. From the current price, the drop will be 5.26%.

Thus, on the monthly timeframe, a channel is formed with a resistance level of $89.57 and a support level of $70.01. The width of this channel is $19.56. Accordingly, according to the theory of technical analysis, a downward breakdown of the channel will open the way to $50. If the resistance level is broken, then the road to $109 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 2 days out of the entire period. The likelihood that the price of Okta shares will break through the resistance level in the next 30 days or in the next period and rush to new targets is quite small. It is worth considering that if stocks break through the $89.57 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 $89.57 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 6 days. There is a pretty good chance that the $70.01 support level will break and Okta shares will go down.

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., %
Nov 23	76.77	75.07	79.53	5.95
Nov 24	75.48	72.54	77.74	7.18
Nov 25	76.39	75.33	77.39	2.74
Nov 26	72.72	71.32	73.59	3.18
Nov 27	72.68	70.15	76.12	8.52
Nov 28	72.89	70.01	74.60	6.56
Nov 29	73.24	70.34	76.63	8.93
Nov 30	73.90	72.17	74.97	3.87
Dec 01	72.93	71.88	74.28	3.35
Dec 02	75.03	73.77	77.37	4.88
Dec 03	74.58	72.52	77.98	7.53
Dec 04	78.78	76.61	80.82	5.49
Dec 05	77.27	75.00	80.15	6.86
Dec 06	76.20	74.97	78.22	4.33
Dec 07	76.48	74.83	79.51	6.26
Dec 08	74.83	71.68	78.24	9.14
Dec 09	79.27	78.23	80.32	2.68
Dec 10	77.23	76.11	79.59	4.57
Dec 11	78.57	76.07	80.13	5.33
Dec 12	76.83	74.48	78.95	6.00
Dec 13	77.06	73.77	80.62	9.28
Dec 14	74.33	70.94	76.83	8.30
Dec 15	77.36	75.74	80.84	6.74
Dec 16	81.49	78.66	84.77	7.77
Dec 17	82.03	79.72	85.87	7.72
Dec 18	86.66	85.62	89.57	4.62
Dec 19	86.14	82.67	87.79	6.19
Dec 20	82.05	78.12	83.83	7.31
Dec 21	83.92	82.41	85.28	3.48
Dec 22	81.56	80.43	84.49	5.05

Okta Stock Forecast 23 Nov.

Presumably, on 11/23/2024, the price of shares will be in the range of $75.07 - $79.53. A $4.47 range width can provide 5.95% volatility. The weighted average price of this range is at $76.77, which is $1.97 higher than the previous day's weighted average price.

Okta Stock Forecast 24 Nov.

Presumably, on 11/24/2024, the price of shares will be in the range of $72.54 - $77.74. A $5.21 range width can provide 7.18% volatility. The weighted average price of this range is at $75.48, which is $1.29 lower than the previous day's weighted average price.

Okta Stock Forecast 25 Nov.

Presumably, on 11/25/2024, the price of shares will be in the range of $75.33 - $77.39. A $2.06 range width can provide 2.74% volatility. The weighted average price of this range is at $76.39, which is $0.91 higher than the previous day's weighted average price.

Okta Stock Forecast 26 Nov.

Presumably, on 11/26/2024, the price of shares will be in the range of $71.32 - $73.59. A $2.27 range width can provide 3.18% volatility. The weighted average price of this range is at $72.72, which is $3.67 lower than the previous day's weighted average price.

Okta Stock Forecast 27 Nov.

Presumably, on 11/27/2024, the price of shares will be in the range of $70.15 - $76.12. A $5.97 range width can provide 8.52% volatility. The weighted average price of this range is at $72.68, which is $0.04 lower than the previous day's weighted average price.

Okta Stock Forecast 28 Nov.

Presumably, on 11/28/2024, the price of shares will be in the range of $70.01 - $74.60. A $4.59 range width can provide 6.56% volatility. The weighted average price of this range is at $72.89, which is $0.22 higher than the previous day's weighted average price.

Okta Stock Forecast 29 Nov.

Presumably, on 11/29/2024, the price of shares will be in the range of $70.34 - $76.63. A $6.28 range width can provide 8.93% volatility. The weighted average price of this range is at $73.24, which is $0.35 higher than the previous day's weighted average price.

Okta Stock Forecast 30 Nov.

Presumably, on 11/30/2024, the price of shares will be in the range of $72.17 - $74.97. A $2.79 range width can provide 3.87% volatility. The weighted average price of this range is at $73.90, which is $0.66 higher than the previous day's weighted average price.

Okta Stock Forecast 02 Dec.

Presumably, on 12/02/2024, the price of shares will be in the range of $73.77 - $77.37. A $3.60 range width can provide 4.88% volatility. The weighted average price of this range is at $75.03, which is $2.10 higher than the previous day's weighted average price.

Okta Stock Forecast 03 Dec.

Presumably, on 12/03/2024, the price of shares will be in the range of $72.52 - $77.98. A $5.46 range width can provide 7.53% volatility. The weighted average price of this range is at $74.58, which is $0.45 lower than the previous day's weighted average price.

Okta Stock Forecast 04 Dec.

Presumably, on 12/04/2024, the price of shares will be in the range of $76.61 - $80.82. A $4.21 range width can provide 5.49% volatility. The weighted average price of this range is at $78.78, which is $4.21 higher than the previous day's weighted average price.

Okta Stock Forecast 05 Dec.

Presumably, on 12/05/2024, the price of shares will be in the range of $75.00 - $80.15. A $5.15 range width can provide 6.86% volatility. The weighted average price of this range is at $77.27, which is $1.51 lower than the previous day's weighted average price.

Okta Stock Forecast 06 Dec.

Presumably, on 12/06/2024, the price of shares will be in the range of $74.97 - $78.22. A $3.25 range width can provide 4.33% volatility. The weighted average price of this range is at $76.20, which is $1.07 lower than the previous day's weighted average price.

Okta Stock Forecast 07 Dec.

Presumably, on 12/07/2024, the price of shares will be in the range of $74.83 - $79.51. A $4.68 range width can provide 6.26% volatility. The weighted average price of this range is at $76.48, which is $0.27 higher than the previous day's weighted average price.

Okta Stock Forecast 08 Dec.

Presumably, on 12/08/2024, the price of shares will be in the range of $71.68 - $78.24. A $6.55 range width can provide 9.14% volatility. The weighted average price of this range is at $74.83, which is $1.65 lower than the previous day's weighted average price.

Okta Stock Forecast 09 Dec.

Presumably, on 12/09/2024, the price of shares will be in the range of $78.23 - $80.32. A $2.09 range width can provide 2.68% volatility. The weighted average price of this range is at $79.27, which is $4.44 higher than the previous day's weighted average price.

Okta Stock Forecast 10 Dec.

Presumably, on 12/10/2024, the price of shares will be in the range of $76.11 - $79.59. A $3.48 range width can provide 4.57% volatility. The weighted average price of this range is at $77.23, which is $2.05 lower than the previous day's weighted average price.

Okta Stock Forecast 11 Dec.

Presumably, on 12/11/2024, the price of shares will be in the range of $76.07 - $80.13. A $4.05 range width can provide 5.33% volatility. The weighted average price of this range is at $78.57, which is $1.34 higher than the previous day's weighted average price.

Okta Stock Forecast 12 Dec.

Presumably, on 12/12/2024, the price of shares will be in the range of $74.48 - $78.95. A $4.47 range width can provide 6.00% volatility. The weighted average price of this range is at $76.83, which is $1.74 lower than the previous day's weighted average price.

Table of forecasts for 2024.
Month	Target	Pes.	Opt.	Vol., %
Dec.	79.98	72.81	82.37	11.61

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 $82.37. Peak forecasts from some agencies, which vary greatly in price, we have omitted.

The minimum levels for Okta shares for this year are $72.81.

Detailed forecast for 2024

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	76.03	69.21	79.69	13.15
Feb	71.09	66.65	73.03	8.73
Mar	75.15	68.71	81.80	16.01
Apr	77.01	71.70	83.42	14.04
May	75.41	71.19	79.62	10.59
Jun	73.74	66.74	77.38	13.75
Jul	71.44	64.01	74.13	13.66
Aug	73.30	70.53	80.92	12.84
Sep	79.59	73.59	85.79	14.23
Oct	69.24	65.01	73.02	10.97
Nov	73.02	70.74	79.95	11.52
Dec	72.83	67.25	75.96	11.47

Detailed forecast for 2025

Okta (OKTA) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month	Target	Pes.	Opt.	Vol., %
Jan	70.75	67.90	75.90	10.54
Feb	76.73	70.14	80.32	12.67
Mar	86.20	78.58	94.94	17.23
Apr	92.03	83.42	94.90	12.10
May	99.09	94.84	102.57	7.54
Jun	110.42	104.54	113.73	8.08
Jul	106.69	99.34	112.93	12.04
Aug	101.28	96.15	111.55	13.81
Sep	100.89	97.22	108.23	10.18
Oct	97.87	93.16	104.49	10.84
Nov	109.58	100.46	117.55	14.54
Dec	103.45	94.31	111.92	15.74

Detailed forecast for 2026

Okta (OKTA) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month	Target	Pes.	Opt.	Vol., %
Jan	106.41	98.52	113.33	13.06
Feb	109.18	102.08	115.99	11.99
Mar	101.51	98.74	104.15	5.19
Apr	99.80	96.42	106.15	9.17
May	91.23	86.85	93.72	7.34
Jun	80.68	77.53	86.03	9.88
Jul	91.17	87.61	96.50	9.21
Aug	97.45	88.96	102.90	13.54
Sep	99.47	93.40	102.19	8.60
Oct	100.90	93.16	106.14	12.23
Nov	96.70	89.41	103.74	13.81
Dec	98.33	89.51	104.73	14.53

Detailed forecast for 2027

Okta (OKTA) Monthly Stock Prediction for 2028

Table of forecasts for 2028.
Month	Target	Pes.	Opt.	Vol., %
Jan	105.62	99.44	109.05	8.81
Feb	111.53	102.25	115.73	11.65
Mar	111.96	106.58	117.49	9.29
Apr	99.30	95.68	108.46	11.78
May	98.65	93.01	101.35	8.23
Jun	98.78	92.74	107.26	13.53
Jul	105.59	102.84	115.19	10.72
Aug	107.92	99.64	111.57	10.69
Sep	112.41	108.46	115.77	6.31
Oct	113.58	109.59	121.26	9.62
Nov	124.50	116.74	130.33	10.43
Dec	139.56	132.12	149.54	11.65

Detailed forecast for 2028

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