Okta (OKTA) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Okta (NASDAQ: OKTA) in the last few weeks:

• 6/25/2026 – Okta had its price target raised by KeyCorp from $120.00 to $130.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – Okta had its price target raised by BTIG Research from $119.00 to $136.00. They now have a “buy” rating on the stock.
• 6/24/2026 – Okta had its price target raised by Needham & Company LLC from $120.00 to $140.00. They now have a “buy” rating on the stock.
• 6/9/2026 – Okta had its price target raised by UBS Group AG from $115.00 to $150.00. They now have a “buy” rating on the stock.
• 6/3/2026 – Okta was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 6/2/2026 – Okta was downgraded by Mizuho from “outperform” to “neutral”. They now have a $125.00 price target on the stock, up from $110.00.
• 5/29/2026 – Okta had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $126.00 price target on the stock.
• 5/29/2026 – Okta had its price target raised by Scotiabank from $80.00 to $105.00. They now have a “sector perform” rating on the stock.
• 5/29/2026 – Okta had its price target raised by DA Davidson from $110.00 to $130.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Cantor Fitzgerald from $110.00 to $125.00. They now have an “overweight” rating on the stock.
• 5/29/2026 – Okta had its “outperform” rating reaffirmed by Wedbush. They now have a $60.00 price target on the stock.
• 5/29/2026 – Okta had its price target raised by Jefferies Financial Group Inc. from $105.00 to $120.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its “outperform” rating reaffirmed by Citigroup Inc..
• 5/29/2026 – Okta had its price target raised by Barclays PLC from $93.00 to $120.00. They now have an “overweight” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Canaccord Genuity Group Inc. from $95.00 to $115.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Citigroup Inc. from $87.00 to $105.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Piper Sandler from $82.00 to $105.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Morgan Stanley from $101.00 to $115.00. They now have an “overweight” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Wells Fargo & Company from $85.00 to $100.00. They now have an “equal weight” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Susquehanna from $80.00 to $110.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Berenberg Bank from $120.00 to $135.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Truist Financial Corporation from $100.00 to $120.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Royal Bank Of Canada from $108.00 to $122.00. They now have an “outperform” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Oppenheimer Holdings, Inc. from $110.00 to $125.00. They now have an “outperform” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Mizuho from $100.00 to $110.00. They now have an “outperform” rating on the stock.
• 5/29/2026 – Okta had its price target raised by BTIG Research from $105.00 to $119.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its price target raised by Needham & Company LLC from $90.00 to $120.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Okta had its price target raised by BMO Capital Markets from $95.00 to $120.00. They now have an “outperform” rating on the stock.
• 5/28/2026 – Okta had its price target raised by JPMorgan Chase & Co. from $103.00 to $114.00. They now have an “overweight” rating on the stock.
• 5/27/2026 – Okta had its price target raised by Cantor Fitzgerald from $100.00 to $110.00. They now have an “overweight” rating on the stock.
• 5/26/2026 – Okta was given a new $127.00 price target by Arete Research. They now have a “buy” rating on the stock.
• 5/26/2026 – Okta was upgraded by Arete Research from “strong sell” to “strong-buy”. They now have a $127.00 price target on the stock.
• 5/21/2026 – Okta had its price target raised by Wells Fargo & Company from $76.00 to $85.00. They now have an “equal weight” rating on the stock.
• 5/21/2026 – Okta had its price target raised by BTIG Research from $90.00 to $105.00. They now have a “buy” rating on the stock.
• 5/20/2026 – Okta was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 5/20/2026 – Okta was upgraded by Citigroup Inc. from “negative” to “positive”.
• 5/18/2026 – Okta had its price target raised by KeyCorp from $95.00 to $103.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – Okta had its price target raised by Barclays PLC from $90.00 to $93.00. They now have an “overweight” rating on the stock.
• 5/2/2026 – Okta was downgraded by Wall Street Zen from “buy” to “hold”.

Insider Buying and Selling at Okta

In related news, insider Eric Robert Kelleher sold 3,977 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $114.10, for a total value of $453,775.70. Following the transaction, the insider directly owned 19,618 shares in the company, valued at $2,238,413.80. This represents a 16.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shellye L. Archambeau sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $85.00, for a total transaction of $212,500.00. Following the sale, the director owned 9,192 shares of the company’s stock, valued at $781,320. This trade represents a 21.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 114,074 shares of company stock valued at $13,128,242 over the last 90 days. Company insiders own 4.61% of the company’s stock.

Okta, Inc is a publicly traded provider of identity and access management solutions, headquartered in San Francisco, California. Founded in 2009 by Todd McKinnon and Frederic Kerrest, the company completed its initial public offering in April 2017. Under the leadership of McKinnon as chief executive officer and Kerrest as chief operating officer, Okta has grown into a leading vendor in the cybersecurity space, focusing on secure user authentication, single sign-on and lifecycle management for digital identities.

At the core of Okta’s offering is the Okta Identity Cloud, a suite of cloud-native services that enable organizations to manage user access across web and mobile applications, on-premises systems and APIs.