Okta (OKTA) stock forecast for 2024

The forecast has been updated: December 1, 2022 12:32


Okta stock price online today

Analyst Target Price

77.4

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Okta stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Okta stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $77.4 target price for Okta stock stock.

Today 200 Day Moving Average is the resistance level (98.93 $).

50 Day Moving Average is the resistance level (53.03 $).




OKTA Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 39.06 35.69 40.38 11.61 %
Feb 42.34 40.97 44.48 7.88 %
Mar 46.51 42.27 49.97 15.41 %
Apr 44.50 43.33 48.08 9.89 %
May 45.36 43.34 47.42 8.61 %
Jun 47.15 43.70 48.62 10.12 %
Jul 45.06 42.46 47.55 10.69 %
Aug 44.52 42.92 47.56 9.77 %
Sep 45.48 44.06 46.63 5.50 %
Oct 43.51 40.02 45.60 12.25 %
Nov 41.27 39.78 43.99 9.57 %
Dec 45.48 41.22 49.63 16.94 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Okta stock.


Okta overview

Okta Address

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

Market Capitalization

8 061 216 000 $

EBITDA

-659 750 976

PE Ratio

None

PEG Ratio

261.45

Dividend Per Share

0

Dividend Yield

0

EPS

-6.37

Quarterly Earnings Growth YOY

0

Quarterly Revenue Growth YOY

0.432

Trailing PE

-

Forward PE

5000

EV To Revenue

5.01

EV To EBITDA

-11.01

52 Week High

244.18

52 Week Low

44.12

50 Day Moving Average

53.03

200 Day Moving Average

98.93

Shares Outstanding

151854000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Okta stock forecast for this year


Okta stock forecast for Jan 2024.
Estimated Average Forecasted Okta Price: 39.06. Negative monthly dynamics of the instrument is expected with 11.610% volatility is expected.

Pessimistic forecast: 35.69

Optimistic: 40.38


Okta stock forecast for Feb 2024.
Estimated Average Forecasted Okta Price: 42.34. Positive monthly dynamics of the instrument is expected with 7.883% volatility is expected.

Pessimistic forecast: 40.97

Optimistic: 44.48


Okta stock forecast for Mar 2024.
Estimated Average Forecasted Okta Price: 46.51. Positive monthly dynamics of the instrument is expected with 15.413% volatility is expected.

Pessimistic forecast: 42.27

Optimistic: 49.97


Okta stock forecast for Apr 2024.
Estimated Average Forecasted Okta Price: 44.50. Negative monthly dynamics of the instrument is expected with 9.885% volatility is expected.

Pessimistic forecast: 43.33

Optimistic: 48.08


Okta stock forecast for May 2024.
Estimated Average Forecasted Okta Price: 45.36. Positive monthly dynamics of the instrument is expected with 8.608% volatility is expected.

Pessimistic forecast: 43.34

Optimistic: 47.42


Okta stock forecast for Jun 2024.
Estimated Average Forecasted Okta Price: 47.15. Positive monthly dynamics of the instrument is expected with 10.124% volatility is expected.

Pessimistic forecast: 43.70

Optimistic: 48.62


Okta stock forecast for Jul 2024.
Estimated Average Forecasted Okta Price: 45.06. Negative monthly dynamics of the instrument is expected with 10.690% volatility is expected.

Pessimistic forecast: 42.46

Optimistic: 47.55


Okta stock forecast for Aug 2024.
Estimated Average Forecasted Okta Price: 44.52. Negative monthly dynamics of the instrument is expected with 9.772% volatility is expected.

Pessimistic forecast: 42.92

Optimistic: 47.56


Okta stock forecast for Sep 2024.
Estimated Average Forecasted Okta Price: 45.48. Positive monthly dynamics of the instrument is expected with 5.501% volatility is expected.

Pessimistic forecast: 44.06

Optimistic: 46.63


Okta stock forecast for Oct 2024.
Estimated Average Forecasted Okta Price: 43.51. Negative monthly dynamics of the instrument is expected with 12.252% volatility is expected.

Pessimistic forecast: 40.02

Optimistic: 45.60


Okta stock forecast for Nov 2024.
Estimated Average Forecasted Okta Price: 41.27. Negative monthly dynamics of the instrument is expected with 9.568% volatility is expected.

Pessimistic forecast: 39.78

Optimistic: 43.99


Okta stock forecast for Dec 2024.
Estimated Average Forecasted Okta Price: 45.48. Positive monthly dynamics of the instrument is expected with 16.935% volatility is expected.

Pessimistic forecast: 41.22

Optimistic: 49.63



Other Technology sector assets

Name Symbol Last Close Price Change
Adobe Inc.
ADBE 285.75 (04.11.2022) -0.06 %
Alteryx, Inc.
AYX 42.69 (04.11.2022) -8.96 %
Advanced Micro Devices, Inc.
AMD 62.19 (04.11.2022) 3.46 %
Apple Inc.
AAPL 138.38 (04.11.2022) -0.36 %
ASML Holding N.V.
ASML 468.76 (04.11.2022) 6.56 %
Autodesk, Inc.
ADSK 193.69 (04.11.2022) -0.27 %
Bionano Genomics, Inc.
BNGO 2.29 (04.11.2022) 0.44 %
Broadcom Inc.
AVGO 465.3 (04.11.2022) 4.77 %
Cadence Design Systems, Inc.
CDNS 142.41 (04.11.2022) -0.31 %
Canaan Inc.
CAN 3.15 (04.11.2022) 5.00 %
Cisco Systems, Inc.
CSCO 44.52 (04.11.2022) 1.53 %
Citrix Systems, Inc.
CTXS 103.9 (02.11.2022) 0.00 %
Coupang, Inc.
CPNG 17.06 (04.11.2022) -1.04 %
CrowdStrike Holdings, Inc.
CRWD 127.56 (04.11.2022) -9.87 %
DocuSign, Inc.
DOCU 40.86 (04.11.2022) -3.70 %
Enphase Energy, Inc.
ENPH 282.44 (04.11.2022) -4.62 %
First Solar, Inc.
FSLR 153.62 (04.11.2022) -2.61 %
Fiserv, Inc.
FISV 94.32 (04.11.2022) -0.26 %
Genasys Inc.
GNSS 3.05 (04.11.2022) 0.00 %
GoPro, Inc.
GPRO 4.91 (04.11.2022) -1.80 %
Hewlett Packard Enterprise Comp.
HPE 14.25 (04.11.2022) 3.26 %
International Business Machines Corp.
IBM 136.96 (04.11.2022) 1.85 %
Ideanomics, Inc.
IDEX 0.2697 (04.11.2022) -0.04 %
Intel Corp.
INTC 28.2 (04.11.2022) 2.96 %
Logitech International S.A.
LOGI 51.21 (04.11.2022) 6.00 %
MaxLinear, Inc.
MXL 32.17 (04.11.2022) 3.81 %
Micron Technology, Inc.
MU 56.16 (04.11.2022) 5.01 %
Microsoft Inc.
MSFT 221.39 (04.11.2022) 3.33 %
Nano Dimension Ltd.
NNDM 2.76 (04.11.2022) 3.37 %
nCino, Inc.
NCNO 24.67 (04.11.2022) -13.04 %
Nokia Corp.
NOK 4.37 (04.11.2022) 3.55 %
Nuance Communications, Inc.
NUAN 55.99 (04.03.2022) 0.00 %
NVIDIA Corp.
NVDA 141.56 (04.11.2022) 5.48 %
Okta, Inc.
OKTA 45.02 (04.11.2022) -10.23 %
Opendoor Technologies Inc.
OPEN 2.02 (04.11.2022) -13.68 %
Palantir Technologies Inc.
PLTR 7.93 (04.11.2022) -1.86 %
Palo Alto Networks, Inc.
PANW 142.21 (04.11.2022) -5.00 %
QUALCOMM, Inc.
QCOM 106.69 (04.11.2022) 2.71 %
Riot Blockchain, Inc.
RIOT 5.79 (04.11.2022) 5.08 %
SailPoint Technologies Holdings, Inc.
SAIL 65.24 (16.08.2022) 0.00 %
salesforce.com, inc.
CRM 139.77 (04.11.2022) -4.48 %
ServiceNow, Inc.
NOW 361.75 (04.11.2022) -6.18 %
Shopify Inc.
SHOP 32.15 (04.11.2022) -4.71 %
ShotSpotter, Inc.
SSTI 34.52 (04.11.2022) 0.32 %
Skillz Inc.
SKLZ 0.9745 (04.11.2022) -3.51 %
Slack Technologies, Inc.
WORK 45.2 (21.07.2021) 0.00 %
Snowflake Inc.
SNOW 132.31 (04.11.2022) -12.07 %
SolarEdge Technologies, Inc.
SEDG 219 (04.11.2022) -2.65 %
Sony Corp.
SNE 74.59 (04.11.2022) 3.41 %
Splunk Inc.
SPLK 72.03 (04.11.2022) -3.46 %
Square, Inc.
SQ 60.11 (04.11.2022) 11.50 %
Sunnova Energy Inter. Inc.
NOVA 18.6 (04.11.2022) -4.37 %
Sunrun Inc.
RUN 24.04 (04.11.2022) -6.50 %
Synopsys, Inc.
SNPS 276.57 (04.11.2022) -0.97 %
Taiwan Semiconductor Manufacturing Company Lim.
TSM 62.48 (04.11.2022) 3.65 %
Uber Technologies, Inc.
UBER 28.39 (04.11.2022) -1.18 %
Unity Software Inc.
U 25.26 (04.11.2022) -3.99 %
Upland Software, Inc.
UPLD 7.64 (04.11.2022) 2.83 %
Workday, Inc.
WDAY 132.63 (04.11.2022) -5.41 %
Zscaler, Inc.
ZS 121 (04.11.2022) -7.68 %


Denial of responsibility:

The portal leoprophet.com is not responsible for the loss of your money as a result of your use of the information contained on the site, including data, quotes, charts and forecasts. Operations in the stock, foreign exchange and commodity markets involve a high level of risk, and you are solely responsible for your operations. Only speculate with money that you can afford to lose. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. The portal is not responsible for any losses that you may incur as a result of using this data.