Okta shares soaring: price target of USD 148 in sight!

Okta shares soaring: price target of USD 148 in sight!

The Okta share shows a positive development in 2025, which is supported by various market analyses. The price is currently EUR 110.98 and has therefore increased by 6.67% since the beginning of the year and 41.84% over the course of the year Market screener reported. The stock has cleared several high points from recent years, including $110.94, $111.35 and $114.50.

Particularly noteworthy is the strong technical upward movement of the price in April, which induced a classic V pattern. This formation indicates extensive ground formation, which is now probably complete, as the analysis by Finance.net shows. Analysts estimate the price target from this formation to be around $148.

Price targets and technical indicators

The horizontal barrier at around USD 140 is seen as an important intermediate target on the way to the desired price targets. The analysis of the MACD shows a clear “long” positioning in all periods considered (day, week, month), which further underlines the positive market sentiment. This raises the question of whether the highs of 2022 at USD 111 will no longer be undershot in order not to endanger the double breakout.

Analyst ratings confirm this positive development. A buy rating from Loop Capital was published on May 5th, and Roth Capital Partners and Cantor Fitzgerald had previously also increased their buy recommendations. Most analysts are optimistic and recommend buying the stock, which is reflected in the average recommendation of “Buy”.

Analyst opinions and market opportunities

The recent price changes and the predominantly positive analyst opinions signal solid growth potential. The last closing price level was $124.05, with a median price target of $118.25, implying a small gap of -4.68%. The highest price target is $140.00, which would result in a potential increase of 12.86%. In the best case scenario, analysts even see scope for up to USD 148.

With these in-depth market analyzes and positive momentum, Okta remains an exciting investment that could be interesting for both short-term and long-term investors.