BMO Capital Markets slashes price target on Okta Inc [OKTA] – find out why.

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Okta Inc [NASDAQ: OKTA] closed the trading session at $104.18.

The stocks have a year to date performance of 32.21 percent and weekly performance of -2.30 percent. The stock has been moved at 28.86 percent over the last six months. The stock has performed -11.01 percent around the most recent 30 days and changed -6.33 percent over the most recent 3-months.

If compared to the average trading volume of 4.28M shares, OKTA reached to a volume of 2667799 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Okta Inc [OKTA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OKTA shares is $124.76 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OKTA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BMO Capital Markets have made an estimate for Okta Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 14, 2025. While these analysts kept the previous recommendation, Loop Capital raised their target price to Buy. The new note on the price target was released on May 05, 2025, representing the official price target for Okta Inc stock. Previously, the target price had yet another raise to $119, while Roth Capital analysts kept a Buy rating on OKTA stock.

The Average True Range (ATR) for Okta Inc is set at 4.45, with the Price to Sales ratio for OKTA stock in the period of the last 12 months amounting to 6.80. The Price to Book ratio for the last quarter was 2.78, with the Price to Cash per share for the same quarter was set at 15.56. Price to Free Cash Flow for OKTA in the course of the last twelve months was 23.87 with Quick ratio for the last quarter at 1.40.

OKTA stock trade performance evaluation

Okta Inc [OKTA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.30. With this latest performance, OKTA shares dropped by -11.01% in over the last four-week period, additionally plugging by 28.86% over the last 6 months – not to mention a rise of 17.72% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OKTA stock in for the last two-week period is set at 38.48, with the RSI for the last a single of trading hit 32.96, and the three-weeks RSI is set at 42.78 for Okta Inc [OKTA]. The present Moving Average for the last 50 days of trading for this stock 109.33, while it was recorded at 104.25 for the last single week of trading, and 91.36 for the last 200 days.

Okta Inc [OKTA]: An insightful look at the core fundamentals

Okta Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.

Earnings per share (EPS) analysis for Okta Inc [OKTA] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OKTA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Okta Inc go to 12.61%.

Okta Inc [OKTA]: Institutional Ownership

The top three institutional holders of OKTA stocks are: FMR LLC with ownership of 17.04 million shares, which is approximately 10.1053%. VANGUARD GROUP INC, holding 16.61 million shares of the stock with an approximate value of $$1.55 billion in OKTA stocks shares; and VANGUARD GROUP INC, currently with $$897.06 million in OKTA stock with ownership which is approximately 5.6834%.

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