Citi lifts target for Okta stock from USD 205 to USD 215

Published on 10/17/2026 at 22:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Okta reports on December 1, 2026 after the close. Okta stock costs EUR 166.49 on October 16, 2026 at 11:00 p.m. CEST, down 10.20 percent on Nasdaq.

Analyst target and December date

Citi raised its Okta target from USD 205.00 to USD 215.00 on October 15, 2026.
Okta stock stood 20.31 percent below its USD 235.00 52-week high on October 16, 2026.
Okta stock was last at EUR 166.49 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, down 10.20 percent on Nasdaq.
Okta is scheduled to report after the close on December 1, 2026, while its P/E was 112.81.

OKTA, US6792951054, Illustration mit AI erstellt.

Citi raised its price target for Okta from USD 205.00 to USD 215.00 on October 15, 2026, while keeping a Neutral rating, Markets Insider reported. The new target stands 14.80 percent above the USD 187.26 home-market price on October 16, 2026. Okta stock was last at EUR 166.49 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, down 10.20 percent on Nasdaq.

Target rises as rating stays Neutral

Citi's change leaves the rating unchanged but lifts the stated target by USD 10.00, or 4.88 percent. The note cited improving cybersecurity spending trends and stronger investment linked to artificial intelligence deployment, according to Markets Insider.

Stock stays below its yearly high

Okta's USD 187.26 home-market price on October 16, 2026 stood 20.31 percent below the USD 235.00 52-week high and 198.95 percent above the USD 62.66 low. The stock's one-year return was 134.10 percent, according to Gekko.

Valuation and December reporting date

Okta had a market capitalization of USD 31.3 billion and a P/E ratio of 112.81 on October 16, 2026. The company is scheduled to report its next results after the close on December 1, 2026, according to Gekko.

Comparison with peers

OKTA: minus 10.20 percent, P/E 112.81, market capitalization USD 31.3 billion

CrowdStrike (NASDAQ, USD): minus 7.02 percent, P/E 6,478.35, market capitalization USD 232.8 billion

Zscaler (NASDAQ, USD): minus 5.92 percent, P/E minus 531.74, market capitalization USD 33.8 billion

Price and investor perspective

The analyst target provides a dated valuation reference, while the market capitalization and P/E show that Okta remains valued on a substantial earnings multiple. The December reporting date is the next scheduled company event cited in the reviewed market calendar.

Okta was last at EUR 166.49 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, down 10.20 percent on Nasdaq on that completed session. The stock's euro quotation and its home-market move describe the same October 16 trading day from separate venues and currencies.

The further course of trading is shown by the continuously updated real-time quote of Okta stock.