Analysts’ Recent Ratings Updates for Okta (OKTA)

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

• 5/21/2026 – Okta had its price target raised by Wells Fargo & Company from $76.00 to $85.00. They now have an “equal weight” rating on the stock.
• 5/21/2026 – Okta had its price target raised by BTIG Research from $90.00 to $105.00. They now have a “buy” rating on the stock.
• 5/20/2026 – Okta was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 5/20/2026 – Okta was upgraded by Citigroup Inc. from “negative” to “positive”.
• 5/18/2026 – Okta had its price target raised by KeyCorp from $95.00 to $103.00. They now have an “overweight” rating on the stock.
• 5/14/2026 – Okta had its price target raised by Barclays PLC from $90.00 to $93.00. They now have an “overweight” rating on the stock.
• 5/2/2026 – Okta was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/27/2026 – Okta was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 4/20/2026 – Okta was upgraded by Barclays PLC from “equal weight” to “overweight”. They now have a $90.00 price target on the stock, up from $85.00.
• 4/16/2026 – Okta was downgraded by Seaport Research Partners to “neutral”.
• 4/16/2026 – Okta was upgraded by HSBC Holdings plc to “buy”.
• 4/16/2026 – Okta was downgraded by BTIG Research from “buy” to “hold”.
• 4/16/2026 – Okta is now covered by Wolfe Research. They set an “outperform” rating on the stock.
• 4/16/2026 – Okta was downgraded by Citigroup Inc. from “neutral” to “negative”.
• 4/16/2026 – Okta was given a new $85.00 price target by UBS Group AG.
• 4/16/2026 – Okta was upgraded by Raymond James Financial, Inc. from “market perform” to “outperform”. They now have a $85.00 price target on the stock.
• 4/15/2026 – Okta had its price target lowered by KeyCorp from $100.00 to $95.00. They now have an “overweight” rating on the stock.
• 3/26/2026 – Okta was downgraded by Zacks Research from “strong-buy” to “hold”.

Insiders Place Their Bets

In other Okta news, CRO Jonathan James Addison sold 23,304 shares of Okta stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $77.79, for a total transaction of $1,812,818.16. Following the sale, the executive directly owned 4,364 shares of the company’s stock, valued at approximately $339,475.56. The trade was a 84.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Eric Robert Kelleher sold 2,409 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $80.00, for a total value of $192,720.00. Following the completion of the transaction, the insider directly owned 15,470 shares of the company’s stock, valued at $1,237,600. This represents a 13.47% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 70,884 shares of company stock valued at $5,625,648 over the last ninety days. 4.61% 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.