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 comments "Investment Summary. We maintain our Overweight rating and reiterate our 12-month PT of $130. Okta delivered a strong 2Q26, outperforming FactSet consensus on revenue, cRPO, operating margin, and EPS. We believe continued momentum in emerging product areas like Identity Governance, Privileged Access, and Identity Threat Protection, along with strong growth in the Customer Identity Cloud, will support strength through 2H26. The firm raised its FY26 guidance across the board, citing the removal of conservatism tied to federal and macro concerns built into 1Q. That said, we still view 3Q cRPO guidance of ~10% growth as conservative."

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 $91.56 yesterday.

You May Also Be Interested In

• Phillips 66, Marathon Merger Talks Collapsed - Semafor
• UBS Reiterates Buy Rating on Hilton Worldwide (HLT)
• DA Davidson Reiterates Buy Rating on Citizens Financial Group (CFG)