Okta's Trading Volume Drops to $232 Million, Second in Consecutive Decline
Market BriefWednesday, May 14, 2025 7:55 pm ET
1min readOn May 14, 2025, Okta's trading volume reached $232 million, marking a 35.39% decrease from the previous day. The company's stock price fell by 0.57%, marking the second consecutive day of decline, with a total decrease of 0.67% over the past two days.
BMO Capital Markets has increased its price target for
from $130 to $135, while maintaining a Market Perform rating. This adjustment comes ahead of the company's Q1 results, reflecting analysts' expectations for Okta's performance.DA Davidson has also lifted its price target for Okta, raising it from $125 to $145. This move underscores the potential for Okta to exceed revenue expectations, further bolstering investor confidence in the company's growth prospects.
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