Current Price Development and Technical Situation
The stock of Okta broke above the important 200-day line at around 86 EUR on June 20, 2025, after briefly falling below it on June 19. This signals a possible trend reversal from the long-term downward trend that had been in place since mid-June.
The current price is around 86.55 EUR (as of 21.06.2025). Technical indicators such as the MACD still indicate a downward trend below the zero line, but it is expected that the signal line will soon be crossed – a sign of waning downward momentum and initial price gains.
Potential and Supports
As long as the stock maintains its upward trend line and is able to sustainably break above the mark of around 100 USD (approx. 93 EUR), strong recoveries are possible. The upward potential is estimated at up to +40% with relatively low risk.
Important supports are located at the current 200-day line as well as in the area around approximately 80 USD (approx. 74 EUR), which serves as a safety net against larger losses. Overcoming short-term resistance points, such as the moving average line (50-day line) at around 109.50 USD, would represent a procyclical buy signal and enable further gains.
Fundamental Assessment
Despite a decline in the stock price over the last few months (-19% compared to the previous month), Okta shows solid business figures: For the second quarter, revenues of approximately 710–712 million USD are expected – slightly above market expectations – as well as a confirmed annual forecast with revenue growth of around +9 to +10% to approx. 2.85–2.86 billion USD. The adjusted earnings per share are expected to be between approximately $3.23 and $3.28.
However, management provides a cautious outlook due to a change in customer behavior in an overall uncertain macroeconomic environment; this could lead to short-term restraint.
Conclusion
The Okta stock currently represents an attractive trading opportunity: After a correction, a technical recovery is expected – especially if important resistances can be overcome – which allows for high price gains (up to +40%). Several technical support zones provide safety against larger losses.
For investors in the German-speaking region, there are thus good chances of attractive returns through targeted long-term investments in this leading IT security stock, despite an overall cautious fundamental environment.