Okta Price Target Lowered by Cantor Fitzgerald

Research firm cites concerns about the cybersecurity company's outlook

Feb. 27, 2026 at 2:33pm by Ben Kaplan

Got story updates? Submit your updates here. ›

Cantor Fitzgerald, a research firm, has lowered its price target for Okta (NASDAQ:OKTA) from $115 to $100, while maintaining an "overweight" rating on the stock. The firm cited concerns about Okta's future performance in its report released on Friday.

Why it matters

Okta is a leading provider of identity and access management solutions, and its stock performance is closely watched by investors in the cybersecurity sector. The revised price target from Cantor Fitzgerald suggests potential challenges ahead for the company, which could impact its growth trajectory and investor sentiment.

The details

In its report, Cantor Fitzgerald noted that it has decreased its price objective on Okta's shares from $115 to $100, while reiterating an "overweight" rating on the stock. The research firm's new price target still represents a potential upside of 36.55% from Okta's current trading price.

  • Cantor Fitzgerald released its updated research report on Friday, February 27, 2026.

The players

Okta

An American cybersecurity company that provides identity and access management solutions to organizations.

Cantor Fitzgerald

A global financial services firm that provides research, investment banking, and other financial services.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.