Palo Alto Stock Pops
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Palo Alto Networks beats Q4 estimates, raises FY26 guidance, boosts identity security growth with CyberArk acquisition.
Palo Alto Networks Inc. jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks.
Palo Alto Networks (NASDAQ:PANW) shares are trading higher after the company beat fourth-quarter estimates and issued strong guidance. Following the earnings release, several Wall Street analysts reiterated their positive outlook on the stock.
Palo Alto Networks forecast fiscal 2026 revenue and profit above analysts' estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in extended trading.
In a remarkable display of financial strength, Palo Alto Networks has reported quarterly results that exceeded Wall Street's expectations, showcasing the resilience and growth of the cybersecurity sector.
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Lee Klarich, CPO, has been appointed to the Board of Directors and will assume the role of Chief Product and Technology Officer (CPT) following Zuk’s departure.
Market Catalysts host Julie Hyman discusses some of the trending tickers for Tuesday, Aug. 19 including Palo Alto (PANW), Viking Holdings (VIK), and Viking Therapeutics (VKTX). To watch more expert insights and analysis on the latest market action,