OKTA Identity Solutions Gains Users: Should You Buy the Stock?

Okta (OKTA) is benefiting from an expanding clientele driven by the strong adoption of its Identity Threat Protection solution. It exited the first quarter of fiscal 2025 with the total customer count increasing 6% year over year to 19,100. Okta's expanding user base has been a key catalyst. It is protecting customers by blocking more than 2 billion security attacks a month, and expects these numbers to grow. However, the current level at which Okta shares are trading doesn't reflect these positive factors ...