Cantor Fitzgerald Reiterates Overweight Rating on Okta, Inc (OKTA)

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $130.00 price target on Okta, Inc (NASDAQ: OKTA).

The analyst commented, "Our investment stance remains unchanged heading into F1Q26 earnings. We continue to see Customer Identity Cloud driving near-term upside, with emerging solutions also contributing to growth… Cantor estimates are as follows: F1Q26E revenue of $680.1M versus guidance of $678.0M-680.0M and FactSet consensus of $680.3M; billings of $559.0M versus consensus of $557.3M; and EPS of $0.77 versus guidance of $0.76-0.77 and consensus of $0.77. FY26E revenue of $2869.6M versus guidance of $2850.0M-2860.0M and consensus of $2862.0M; billings of $3066.1M versus consensus of $3061.6M; and EPS of $3.21 versus guidance of $3.15-3.20 and consensus of $3.20."

For an analyst ratings summary and ratings history on Okta, Inc click here. For more ratings news on Okta, Inc click here.

Shares of Okta, Inc closed at $125.54 yesterday.

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