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Save your seatOKTA ran from roughly $75 in late February to $124.79 by May 29 after a strong fiscal Q1 2027 beat, raised full-year guidance, and fresh price-target hikes.
A failure to hold $118 could see a retrace toward the $110 to $112 zone. Any slowdown in backlog growth, softer guidance follow-through, or pressure tied to cash use for buybacks and the June 15, 2026 note maturity could accelerate the downside.
If OKTA holds the $118 to $120 area on volume, a push back into the $124.79 high and then toward $130 is on the table. Resistance at $125 is the first hurdle.
We don't currently have information about Okta Inc.'s earnings.