In the latest trading session,, 0.73 million Okta Inc (NASDAQ:OKTA) shares changed hands as the company’s beta touched 0.92. With the company’s most recent per share price at $121.53 changed hands at -$4.01 or -3.20% at last look, the market valuation stands at $21.26B. OKTA’s current price is a discount, trading about -4.97% off its 52-week high of $127.57. The share price had its 52-week low at $70.56, which suggests the last value was 41.94% up since then.
Analysts gave the Okta Inc (OKTA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 30 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 13 recommended OKTA as a Hold, 17 felt it is a Buy and 0 rated the stock as Underweight.
Okta Inc (NASDAQ:OKTA) trade information
Instantly OKTA was in red as seen in intraday trades today. With action -1.47%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 54.22%, with the 5-day performance at -1.47% in the red. However, in the 30-day time frame, Okta Inc (NASDAQ:OKTA) is 28.83% up.
The consensus price target for the stock as assigned by Wall Street analysts is 120, meaning bulls need a downside of -1.28% from its recent market value. According to analyst projections, OKTA’s forecast low is 90 with 135 as the target high. To hit the forecast high, the stock’s price needs a -11.08% plunge from its current level, while the stock would need to tank 25.94% for it to hit the projected low.
The 2025 estimates are for Okta Inc earnings to increase by 13.74%, but the outlook for the next 5-year period is at 12.76% per year.
OKTA Dividends
Okta Inc is expected to release its next quarterly earnings report in June.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.8493% or 16.61 million shares worth $1.55 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Select Portfolios-Technology Portfolio . With 5.07 shares estimated at $615.65 million under it, the former controlled 3.03% of total outstanding shares. On the other hand, Fidelity Select Portfolios-Technology Portfolio held about 2.20% of the shares, roughly 3.68 shares worth around $446.69 million.
