Rating Change
Guggenheim reiterated its Buy rating on Okta, Inc. (NASDAQ:OKTA) on August 20, 2026.
reiterateNASDAQ:OKTA
Guggenheim Reiterates Buy Rating on Okta, Inc. (OKTA)
Guggenheim reiterated its Buy rating on Okta, Inc. (NASDAQ:OKTA) on August 20, 2026.
At publication ·
What changed
Okta, Inc. (NASDAQ:OKTA) · reiterate
- Firm
- Guggenheim
- Rating
- Buy to Buy
- Price at event
- $134.16
- Market capitalization
- $15.4B
At a glance
Key takeaways
- Guggenheim reiterated a Buy rating on Okta (OKTA) on August 20, 2026, with the stock trading at $134.16 and a market capitalization of $15.4 billion.
Market Context
Okta, Inc. operates in the Technology sector. The stock currently trades at $134.16 with a market capitalization of $15.4B. The stock has gained 57.3% over the past 52 weeks.
Analyst coverage from Guggenheim provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Okta, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Okta, Inc.
Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | BMO Capital | Outperform | N/A |
| Aug 20, 2026 | Morgan Stanley | Overweight | N/A |
| Aug 20, 2026 | Guggenheim | Buy | N/A |
| Aug 20, 2026 | Cantor Fitzgerald | Overweight | N/A |
| Aug 19, 2026 | Stifel | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View OKTA Stock Page
Frequently Asked Questions
What does the Buy rating mean for OKTA?
A rating of Buy from Guggenheim reflects the analyst's outlook on Okta, Inc. (NASDAQ:OKTA). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the OKTA forecast page.