Okta Inc. reported a modest revenue increase, accompanied by a 3% boost to earnings per share (EPS). Following this earnings report, Bernstein upgraded Okta's stock rating from 'Market Perform' to 'Outperform' and raised the price target from $123 to $129, indicating a more bullish outlook on the company's future performance. Analysts highlighted ongoing product demand as a key factor influencing this upgrade. In related news, Box Inc. also released its earnings report, with discussions focusing on the role of artificial intelligence in driving its financial performance. Analysts and commentators are analyzing the implications of both companies' earnings, with particular emphasis on the AI build-out at Okta and insights from Box's results.