Okta (NASDAQ:OKTA), a leading cloud-based identity and access management provider, experienced a significant stock boost of 24% on Tuesday, March 4, following the release of its fiscal 2025 fourth-quarter financial results (fiscal ends in January).

Mizuho Securities upgraded shares of the cloud-based software and identity-access solutions company to Outperform from Neutral.

Okta Inc. reported positive earnings in Q4 FY2025, and the stock has since surged to over $100. This is the first positive news in a while, and the stock was down nearly 20% before the news broke and pulled the stock up. OKTA stock is still down considerably from its post-COVID boom prices, so should you buy?

Okta (OKTA) has defied broader economic uncertainties surrounding software companies by delivering robust financial results for the fourth quarter of its fiscal 2025. Despite market challenges, the identity and access management services provider’s focus on serving large enterprise clients,

Okta reported better quarterly financial results than Wall Street expected on Monday, issuing an update call about the full year. The stock jumped in after-hours trading. The provider of cloud-based software and identity-access solutions posted earnings for its fourth quarter,