Stock Price Forecast
The 24 analysts offering 12-month price forecasts for Okta Inc have a median target of 215.00, with a high estimate of 270.00 and a low estimate of 170.00. The median estimate represents a +49.84% increase from the last price of 143.49.
Similarly, Is Okta stock a buy or sell?
OKTA Stock Price Predictions
Deutsche Bank has a « buy » rating on OKTA stock and a $195 price target, implying 15% upside. Raymond James also has a « buy » rating on Okta and a $260 price target, which would be 53% higher than the current share price.
Why is Okta stock down today? Okta (NASDAQ:OKTA) stock is trending lower today following reports that the identity and access management company has suffered a cyberattack.
Thereof, What is Okta levels in stock market?
Okta Inc Cl A (OKTA)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| High | 147.77 | High |
| 145.73 | 14 Day %k Stochastic Stalls | |
| Last | 144.93 | Last |
| 143.82 | Pivot Point |
Is Okta undervalued?
Is Okta Inc Stock Undervalued? The current Okta Inc [OKTA] share price is $142.86. The Score for OKTA is 26, which is 48% below its historic median score of 50, and infers higher risk than normal. OKTA is currently trading in the 20-30% percentile range relative to its historical Stock Score levels.
What do analysts say about Okta stock?
Okta’s analyst rating consensus is a ‘Strong Buy.
Is Okta a good stock to buy?
OKTA Stock Price Predictions
Deutsche Bank has a “buy” rating on OKTA stock and a $195 price target, implying 15% upside. Raymond James also has a “buy” rating on Okta and a $260 price target, which would be 53% higher than the current share price.
Is SentinelOne a public company?
SentinelOne went public on June 30 at $35 a share, opening for trading at $46.
Is Okta stock overvalued?
To conclude, The stock of Okta (NAS:OKTA, 30-year Financials) is believed to be modestly overvalued. The company’s financial condition is poor and its profitability is poor. Its growth ranks worse than 68% of the companies in Software industry.
Is Okta a good company to work for?
Is Okta a good company to work for? Okta has an overall rating of 3.9 out of 5, based on over 672 reviews left anonymously by employees. 72% of employees would recommend working at Okta to a friend and 72% have a positive outlook for the business. This rating has decreased by -4% over the last 12 months.
Is Okta a us company?
Okta, Inc. San Francisco, California, U.S. Okta, Inc. is an American publicly traded identity and access management company based in San Francisco.
Is OKTA stock overvalued?
To conclude, The stock of Okta (NAS:OKTA, 30-year Financials) is believed to be modestly overvalued. The company’s financial condition is poor and its profitability is poor. Its growth ranks worse than 68% of the companies in Software industry.
What does OKTA stand for?
“An ‘okta’ is a unit of measurement used to describe cloudiness. The number of oktas in the sky can range from zero to eight: if it’s zero oktas, it’s a clear blue-sky day; eight oktas means it’s completely overcast.
Is OKTA a hold?
– Hold. Zacks’ proprietary data indicates that Okta, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the OKTA shares relative to the market in the next few months.
Is SentinelOne better than CrowdStrike?
Across four major customer rating and review sites, SentinelOne receives an average rating of 4.6 out of 5. SentinelOne scores higher than Crowdstrike in customer ratings by less than 0.1.
Is SentinelOne a buy?
SentinelOne will likely remain out of favor in this market, which remains an inhospitable environment for unprofitable hypergrowth companies. SentinelOne might seem like a good value if we look only at its sales, but it probably won’t attract any investors until it meaningfully narrows its non-GAAP net losses.
Did Microsoft buy SentinelOne?
Microsoft Selects SentinelOne to Power Mac & Linux Coverage for Windows Defender ATP. We’re excited and humbled to announce that Microsoft has selected SentinelOne to power Mac and Linux endpoint protection in the Windows Defender Advanced Threat Protection (ATP) service.
Is Okta a good stock to own?
Citigroup has a “hold” rating on OKTA stock and a price target of $205 per share, suggesting 20% growth in coming months.
Is Okta profitable?
Okta isn’t currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth.
Is Okta a hold?
– Hold. Zacks’ proprietary data indicates that Okta, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the OKTA shares relative to the market in the next few months.
How good is Okta?
The deployment and app integration with Okta is fairly simple. The tool is very admin friendly and user friendly. It’s due to it’s ease of use and wide variety of features that it offers, it is one of the best IAM tools and regarded as one of the best SSO solutions out there.
Do people like working at Okta?
92% of employees at Okta, Inc. say it is a great place to work compared to 57% of employees at a typical U.S.-based company.
Who makes Okta?
Todd McKinnon is the CEO and co-founder of Okta, the leading provider of enterprise identity, which he co-founded in 2009 with Frederic Kerrest.
Who is using Okta?
Okta’s services are built on top of the Amazon Web Services cloud. Okta primarily targets enterprise businesses. Claimed customers as of 2020 include Zoominfo, JetBlue, Nordstrom, MGM Resorts International, and the U.S. Department of Justice.
Who owns Okta Inc?
It has been quite a decade for Frederic Kerrest. In 2009, he co-founded Okta after a long and productive stint at Salesforce. Since then, the company has gone from two to 1,300 employees, and has gone public.
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