Robert W. Baird analyst Jonathan Ruykhaver maintained a Hold rating on Okta (NASDAQ:OKTA) on Thursday, setting a price target of $265, which is approximately 0.09% above the present share price of $264.76.
Ruykhaver expects Okta to post earnings per share (EPS) of -$0.83 for the third quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Okta, with an average price target of $290.54.
The analysts price targets range from a high of $310 to a low of $250.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $251.01 million and a net profit of -$90.68 million. The company's market cap is $40.52 billion.
According to TipRanks.com, Robert W. Baird analyst Jonathan Ruykhaver is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 34.5% and a 74.56% success rate.
Okta, Inc. provides identity management services to enterprises. Its products include Single Sign-On, Adaptive Multi-Factor Authentication, Mobility Management, Lifecycle Management, Universal Directory, API access management, API products and integration network services.