Recent Investment Analysts’ Ratings Changes for Okta (OKTA)

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

• 7/20/2026 – Okta had its price target raised by Wells Fargo & Company from $100.00 to $150.00. They now have an “equal weight” rating on the stock.
• 7/16/2026 – Okta was given a new $171.00 price target by Capital One Financial Corporation. They now have an “overweight” rating on the stock.
• 7/16/2026 – Okta was upgraded by Capital One Financial Corporation from “equal weight” to “overweight”. They now have a $171.00 price target on the stock.
• 7/10/2026 – Okta had its price target raised by KeyCorp from $130.00 to $175.00. They now have an “overweight” rating on the stock.
• 7/6/2026 – Okta was downgraded by HSBC Holdings plc from “buy” to “hold”.
• 7/6/2026 – Okta was downgraded by Raymond James Financial, Inc. from “buy” to “strong sell”.
• 7/6/2026 – Okta is now covered by Morgan Stanley. They set a “neutral” rating on the stock.
• 7/6/2026 – Okta was upgraded by Jefferies Financial Group Inc. from “buy” to “buy”.
• 7/6/2026 – Okta is now covered by Evercore Inc. They set an “outperform” rating on the stock.
• 7/6/2026 – Okta is now covered by The Goldman Sachs Group, Inc.. They set a “buy” rating on the stock.
• 7/6/2026 – Okta is now covered by HC Wainwright. They set a “buy” rating on the stock.
• 7/6/2026 – Okta was downgraded by Sanford C. Bernstein from “outperform” to “hold”.
• 7/6/2026 – Okta was upgraded by Scotiabank from “sector perform” to “sector outperform”. They now have a $165.00 price target on the stock, up from $135.00.
• 6/29/2026 – Okta had its price target raised by Scotiabank from $105.00 to $135.00. They now have a “sector perform” rating on the stock.
• 6/25/2026 – Okta had its price target raised by KeyCorp from $120.00 to $130.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – Okta had its price target raised by BTIG Research from $119.00 to $136.00. They now have a “buy” rating on the stock.
• 6/24/2026 – Okta had its price target raised by Needham & Company LLC from $120.00 to $140.00. They now have a “buy” rating on the stock.
• 6/9/2026 – Okta had its price target raised by UBS Group AG from $115.00 to $150.00. They now have a “buy” rating on the stock.
• 6/3/2026 – Okta was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 6/2/2026 – Okta was downgraded by Mizuho from “outperform” to “neutral”. They now have a $125.00 price target on the stock, up from $110.00.

Insider Activity

In other news, CEO Todd Mckinnon sold 68,936 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $146.62, for a total value of $10,107,396.32. Following the completion of the sale, the chief executive officer owned 38,484 shares of the company’s stock, valued at $5,642,524.08. This trade represents a 64.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Eric Robert Kelleher sold 3,977 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $114.10, for a total value of $453,775.70. Following the transaction, the insider owned 19,618 shares in the company, valued at approximately $2,238,413.80. This trade represents a 16.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 174,224 shares of company stock worth $22,534,353. Company insiders own 4.61% of the company’s stock.

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.