What 23 Analyst Ratings Have To Say About Okta
Portfolio Pulse from Benzinga Insights
Over the last quarter, Okta (NASDAQ:OKTA) received 23 analyst ratings, with 8 bullish, 8 somewhat bullish, and 7 indifferent. The 12-month average price target is $90.96, down 4.18% from the previous target of $94.93. The high target is $110.00 and the low is $70.00. Analysts rate stocks typically once a quarter and provide forecasts on various financial metrics.
November 30, 2023 | 6:00 pm
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NEUTRAL IMPACT
Okta received 23 analyst ratings in the last quarter with a new average price target of $90.96, reflecting a 4.18% decrease from the previous target.
The change in the average price target is relatively small (4.18% decrease), and with a balanced mix of bullish and indifferent ratings, the short-term impact on Okta's stock price is likely to be neutral. The ratings indicate neither a strong positive nor negative consensus that would drive the price significantly in either direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100