Okta (OKTA) – Research Analysts’ Weekly Ratings Updates

Okta (NASDAQ: OKTA) recently received a number of ratings updates from brokerages and research firms:

• 3/3/2026 – Okta is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $76.00 price target on the stock.
• 3/2/2026 – Okta was upgraded by Wells Fargo & Company to “hold”.
• 3/2/2026 – Okta had its price target lowered by Jefferies Financial Group Inc. from $125.00 to $105.00. They now have a “buy” rating on the stock.
• 3/2/2026 – Okta had its price target lowered by BTIG Research from $116.00 to $90.00. They now have a “buy” rating on the stock.
• 2/28/2026 – Okta was upgraded by Wall Street Zen from “hold” to “buy”.
• 2/27/2026 – Okta had its price target lowered by Cantor Fitzgerald from $115.00 to $100.00. They now have an “overweight” rating on the stock.
• 2/26/2026 – Okta was given a new $110.00 price target by DA Davidson.
• 2/26/2026 – Okta had its price target lowered by BMO Capital Markets from $90.00 to $83.00. They now have a “market perform” rating on the stock.
• 2/25/2026 – Okta was upgraded by Zacks Research from “hold” to “strong-buy”.
• 2/24/2026 – Okta had its price target lowered by Barclays PLC from $95.00 to $85.00. They now have an “equal weight” rating on the stock.
• 2/24/2026 – Okta had its price target lowered by TD Cowen from $115.00 to $105.00. They now have a “hold” rating on the stock.
• 2/17/2026 – Okta had its price target lowered by Truist Financial Corporation from $125.00 to $115.00. They now have a “buy” rating on the stock.
• 2/17/2026 – Okta had its price target lowered by KeyCorp from $130.00 to $115.00. They now have an “overweight” rating on the stock.
• 2/17/2026 – Okta had its price target lowered by Mizuho from $110.00 to $100.00. They now have an “outperform” rating on the stock.
• 2/7/2026 – Okta was downgraded by Wall Street Zen from “buy” to “hold”.
• 1/22/2026 – Okta had its “hold (c-)” rating reaffirmed by Weiss Ratings.
• 1/14/2026 – Okta was upgraded by Stephens from “equal weight” to “overweight”. They now have a $120.00 price target on the stock, up from $97.00.
• 1/12/2026 – Okta had its “neutral” rating reaffirmed by Citigroup Inc..
• 1/5/2026 – Okta had its price target raised by Piper Sandler from $95.00 to $100.00. They now have a “neutral” rating on the stock.
• 1/5/2026 – Okta had its price target raised by Royal Bank Of Canada from $97.00 to $108.00. They now have an “outperform” rating on the stock.

Insiders Place Their Bets

In related news, CEO Todd Mckinnon sold 11,286 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $90.96, for a total value of $1,026,574.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Larissa Schwartz sold 1,899 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $90.74, for a total value of $172,315.26. Following the transaction, the insider directly owned 38,164 shares in the company, valued at $3,463,001.36. This trade represents a 4.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 37,245 shares of company stock valued at $3,385,624. 5.68% of the stock is owned by corporate insiders.

Okta, Inc is a publicly traded provider of identity and access management solutions, headquartered in San Francisco, California. Founded in 2009 by Todd McKinnon and Frederic Kerrest, the company completed its initial public offering in April 2017. Under the leadership of McKinnon as chief executive officer and Kerrest as chief operating officer, Okta has grown into a leading vendor in the cybersecurity space, focusing on secure user authentication, single sign-on and lifecycle management for digital identities.

At the core of Okta’s offering is the Okta Identity Cloud, a suite of cloud-native services that enable organizations to manage user access across web and mobile applications, on-premises systems and APIs.