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.

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).