Okta, Inc.

OKTA

Bullish$170.39+2.50%3D · 2026-09-02

SettledOpen OKTA

Predicted move

+2.50%

Target $170.39

Actual move at settlement

-1.85%

Confirmed close $163.15

Both measured from $166.23 on 2026-08-28 · Target close 2026-09-02

Direction missed

Actual -1.85%Move error 4.35 pp10 / 100 points

How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

Okta's Q2 FY2027 beat and raised FY27 outlook triggered a 29% surge to record highs on 4.6x volume, and the ensuing analyst upgrade cycle (Citizens, Wells Fargo, DA Davidson) plus AI-agent identity-security momentum should support a further grind higher over the next three sessions. Friday's light-volume -3.9% digestion that held exactly at the gap open near $166 keeps the bullish structure intact. The main risk is a close back below ~$166 signaling gap failure, with a chip-led risk-off tape a secondary drag.

Chart

Full chart

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

Discussion

No discussion yet. Add evidence, a question, or a different interpretation.