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).

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 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.