William Blair analyst Jonathan Ho has maintained their bullish stance on OKTA stock, giving a Buy rating today.
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Jonathan Ho has given his Buy rating due to a combination of factors, including Okta’s stronger‑than‑expected quarterly performance and favorable positioning as identity becomes central to securing accelerating AI adoption. He sees management’s focus on expanding in the enterprise and regulated markets, while framing identity as core infrastructure for AI, as a strategic advantage that can support durable growth.
Ho also highlights early but meaningful AI‑related traction, with new AI security offerings already driving a sizable share of new bookings despite not being fully rolled out. Combined with solid cRPO growth, better profitability trends, and resilient demand across both Workforce and Customer Identity, he concludes that Okta has improving visibility and leverage into a growing AI‑driven security opportunity, justifying a Buy rating.
In another report released today, Morgan Stanley also maintained a Buy rating on the stock with a $101.00 price target.