Needham raises OKTA target to $120, stays Buy

Mike Cikos at Needham raised their price target on OKTA to $120 on May 29, rating held at Buy.

AnaChart has tracked 17 price-target calls from Mike on OKTA. The stock’s price reached the target in 16 of 17 of those calls.

OKTA carries 28 Buy, 7 Hold ratings among the analysts AnaChart tracks. The target range spans Brad Zelnick at Deutsche Bank ($85) to Patrick Colville at Scotiabank ($165). OKTA last closed at $148.84.

OKTA price target chart: Needham raises to $120
OKTA price targets: Mike Cikos against the highest and lowest current targets on the stock, plotted with the price.

The $120 target is 19% below the stock’s $148.84 close.

FAQ

What is Needham’s price target on OKTA?

Needham’s Mike Cikos has a $120 target on OKTA, rated Buy, set May 29, 2026.

How often have Mike Cikos’s OKTA price targets been reached?

AnaChart has tracked 17 price-target calls from Mike Cikos on OKTA; the stock reached the target in 16 of them (94%).

What is the analyst view on OKTA?

Coverage is split 28 Buy / 7 Hold / 0 Sell, with targets from $85 (Deutsche Bank) to $165 (Scotiabank).