Okta's Trading Volume Drops to $232 Million, Second in Consecutive Decline

On 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 Okta 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.