On Oct 18, major Wall Street analysts update their ratings for $Okta (OKTA.US)$, with price targets ranging from $80 to $110.
Morgan Stanley analyst Hamza Fodderwala maintains with a hold rating, and maintains the target price at $100.
J.P. Morgan analyst Brian Essex maintains with a hold rating, and maintains the target price at $105.
Wells Fargo analyst Andrew Nowinski maintains with a hold rating, and adjusts the target price from $100 to $80.
Jefferies analyst Brent Thill initiates coverage with a hold rating, and sets the target price at $85.
TD Cowen analyst Shaul Eyal maintains with a hold rating, and maintains the target price at $110.
Furthermore, according to the comprehensive report, the opinions of $Okta (OKTA.US)$'s main analysts recently are as follows:
Concerns have been raised regarding Okta's delayed product rollouts historically, and the lack of full maturity and complexity, particularly with its Privileged Access Management, following observations from a recent conference.
After attending the company's user event, it was observed that management presented a balanced viewpoint to investors. It's anticipated that challenges affecting the number of workforce identity seats and monthly active users within customer identity will continue until the first half of 2026. It is suggested that Okta's efforts to gain better engagement with large enterprise clients, along with the introduction of new offerings and market growth initiatives, are expected to require additional time.
Okta continues to stand out as a prominent entity in the vital identity management sector, and its stock's valuation appears to be reasonably modest. Nevertheless, the company is encountering growing competitive challenges, particularly from major players like Microsoft. Additionally, there have been irregularities in execution over recent years, leading to a hesitance in predicting a steadfast fundamental recovery at present.
Following the Oktane 2024 event and interactions with customers, partners, and employees, there's a focus on the company's expansion with new products, growth initiatives, and challenges related to seat count. Management anticipates that these seat count challenges may continue through the first half of the next fiscal year but expects normalization in the latter half of FY26. The company's valuation is also seen as appealing.
Okta is recognized for having a comprehensive platform, however, challenges such as pricing and competition persist. Despite management pinpointing significant growth drivers, there is a sentiment that FY26 projections may be overly optimistic.
Here are the latest investment ratings and price targets for $Okta (OKTA.US)$ from 15 analysts:
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美東時間10月18日，多家華爾街大行更新了$Okta (OKTA.US)$的評級，目標價介於80美元至110美元。
摩根士丹利分析師Hamza Fodderwala維持持有評級，維持目標價100美元。
摩根大通分析師Brian Essex維持持有評級，維持目標價105美元。
富國集團分析師Andrew Nowinski維持持有評級，並將目標價從100美元下調至80美元。
富瑞集團分析師Brent Thill首次給予持有評級，目標價85美元。
TD Cowen分析師Shaul Eyal維持持有評級，維持目標價110美元。
此外，綜合報道，$Okta (OKTA.US)$近期主要分析師觀點如下：
對Okta歷史上延遲推出產品的擔憂日益增加，特別是在其特權訪問管理方面的完整成熟度和複雜性，這是根據最近一次會議觀察得出的結論。
參加公司的用戶活動後，發現管理層向投資者展示了一個平衡的觀點。預計影響工作人員身份席位和客戶身份中的月活躍用戶數的挑戰將持續至2026年上半年。建議Okta努力與大型企業客戶取得更好的互動，並且推出新產品和市場增長計劃預計需要額外時間。
Okta繼續在重要的身份管理板塊中脫穎而出，並且其股票的估值似乎相當適中。然而，該公司面臨着日益激烈的競爭挑戰，特別是來自微軟等主要競爭對手。此外，最近幾年的執行存在不規範之處，導致目前難以預測基本面的穩固恢復。
在Oktane 2024活動以及與客戶、合作伙伴和員工的互動之後，公司將專注於通過新產品、增長計劃和與席位計數相關的挑戰來拓展業務。管理層預計這些席位數量方面的挑戰可能持續到下一個財政年度的上半年，但預計在FY26的下半年將會正常化。公司的估值也被認爲是吸引人的。
Okta以其擁有的綜合平台而聞名，然而，定價和競爭等挑戰仍然存在。儘管管理層明確指出了重大增長驅動因素，但對FY26的預測可能過於樂觀的觀點也在蔓延。
以下爲今日15位分析師對$Okta (OKTA.US)$的最新投資評級及目標價：
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