Wall Street Analysts See a 29.76% Upside in Okta (OKTA): Can the Stock Really Move This High?
Portfolio Pulse from
Wall Street analysts predict a 29.76% upside for Okta (OKTA) based on the mean of price targets. Despite the historical inaccuracy of this metric, the consensus on raising earnings estimates suggests potential stock growth.
November 07, 2024 | 4:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts forecast a 29.76% upside for Okta, supported by a consensus on increased earnings estimates, indicating potential stock growth.
The mean price target suggests a significant upside, and the strong consensus among analysts on raising earnings estimates supports this potential growth. This combination of factors typically indicates a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100