Citi lifts target for Okta stock to USD 215

Published on 10/24/2026 at 19:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.60 percent to USD 805.00 million. Okta stock costs EUR 189.97 on October 24, 2026, down 0.16 percent versus Tradegate close.

Analyst and operating details

Citi raised its Okta target from USD 205.00 to USD 215.00 on October 15, 2026.
Fiscal second-quarter revenue rose 10.60 percent to USD 805.00 million.
Okta stock costs EUR 189.97 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 0.16 percent versus the Tradegate close.
Okta is scheduled to report after the close on December 1, 2026.

OKTA, US6792951054, Illustration mit AI erstellt.

Okta, Inc. (US6792951054) is back on analysts' screens after Citi raised its price target from USD 205.00 to USD 215.00 on October 15, 2026, according to Investing.com. At Lang & Schwarz, Okta stock was trading at EUR 189.97 on October 24, 2026 at 1:04 p.m. CEST, down 0.16 percent versus the Tradegate close of October 23, 2026 (EUR 190.28).

Target reaches USD 215.00

Citi's new target stands 0.92 percent above Okta's Nasdaq price of USD 213.05 on October 23, 2026. The same Investing.com table lists Citi's October 15 action as a maintained Hold rating with the target raised from USD 205.00 to USD 215.00.

That target sits below BMO Capital's USD 245.00 target dated October 9, 2026, also listed by Investing.com. The broader table covers 43 analysts and gives an average target of USD 214.72, leaving the latest Nasdaq price 0.78 percent below that average.

Revenue reached USD 805.00 million

Okta's fiscal second-quarter revenue rose 10.60 percent year over year to USD 805.00 million, while quarterly earnings per share reached USD 1.05 against a USD 0.96 consensus estimate, according to MarketBeat. The period ended July 31, 2026, and net income reached USD 116.00 million.

USD 235.00 marks the 52-week high

On the Nasdaq, Okta last traded at USD 213.05 on October 23, 2026 at 4:00 p.m. ET. The 52-week range was USD 62.66 to USD 235.00, placing the stock 9.34 percent below its high; market capitalization stood at USD 35.6 billion on that date.

Valuation and December 1 report

Okta's next report is scheduled for after the market close on December 1, 2026, with consensus revenue of USD 816.00 million and consensus earnings per share of USD 0.93, according to FN2. The latest quarter therefore leaves investors with a near-term test of whether revenue growth can hold above 10.00 percent.

Comparison with peers

Okta: down 0.16 percent, P/E 128.34, market capitalization USD 35.6 billion.

Palo Alto Networks (NASDAQ, USD): up 7.22 percent, P/E 864.89, market capitalization USD 311.3 billion.

CrowdStrike (NASDAQ, USD): up 8.25 percent, P/E 7,338.18, market capitalization USD 263.7 billion.

EUR 189.97 after the Tradegate close

The German euro quotation is modestly below the prior German-market reference, while the Nasdaq price remains below both the Citi target of USD 215.00 and the 52-week high of USD 235.00. The further course of trading is shown by the continuously updated real-time quote of Okta stock.