Needham raises OKTA target to $140, stays Buy

Needham analyst Mike Cikos lifted their price target on OKTA to $140 on June 24, with the rating unchanged at Buy.

On OKTA alone, Mike has made 17 documented calls, 16 of 17 eventually touched by the stock’s price.

OKTA carries 28 Buy, 7 Hold ratings among the analysts AnaChart tracks. Price targets run from Brad Zelnick‘s $85 at Deutsche Bank to Patrick Colville‘s $165 at Scotiabank. OKTA last closed at $148.84.

OKTA price target chart: Needham raises to $140
Mike Cikos’s OKTA target history against the street high, street low and the stock price. Each dot marks a dated call.

The $140 target is 6% below the stock’s $148.84 close.

FAQ

What is Needham’s price target on OKTA?

Needham’s Mike Cikos has a $140 target on OKTA, rated Buy, set June 24, 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).