Palo Alto Networks Inc NYSE:PANW Price, Chart, News & Insight

Palo Alto Networks Falls 5.5% Despite Strong Growth as Investors Focus on Profitability and Expectations

Shares of Palo Alto Networks (NASDAQ: PANW) fell 5.5% in premarket trading despite reporting strong fiscal third-quarter results, as investors digested the impact of recent acquisitions and weighed the company's outlook against elevated expectations.

The cybersecurity leader reported third-quarter revenue of $3.0 billion, up 31% year-over-year, driven by strong demand for AI security solutions and contributions from the CyberArk and Chronosphere acquisitions. Next-Generation Security annual recurring revenue (ARR) surged 60% to $8.1 billion, while remaining performance obligations increased 36% to $18.4 billion, highlighting strong customer demand and future revenue visibility.

Profitability also improved on a non-GAAP basis. Non-GAAP operating income rose to $814 million from $627 million a year earlier, while non-GAAP earnings per share increased to $0.85 from $0.80. Adjusted free cash flow reached $910 million, up from $578 million last year, with the trailing 12-month adjusted free cash flow margin expanding to 38.5%.

However, the company reported a GAAP net loss of $177 million compared with net income of $262 million a year ago, reflecting acquisition-related expenses and integration costs associated with CyberArk and Chronosphere.

Looking ahead, Palo Alto Networks forecast fourth-quarter revenue of $3.345 billion to $3.355 billion and Next-Generation Security ARR of $8.90 billion to $8.95 billion. For fiscal 2026, the company expects revenue of approximately $11.4 billion and non-GAAP EPS of $3.77 to $3.79.

CEO Nikesh Arora highlighted accelerating bookings growth and increasing demand from customers seeking to secure AI deployments, calling cybersecurity one of the biggest beneficiaries of the rapid expansion of artificial intelligence.

Despite the strong results and guidance, the stock moved lower as investors appeared to focus on the GAAP loss and the challenge of exceeding already high expectations after Palo Alto Networks' strong performance over the past year.

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WS Investor 06-03-26

Palo Alto Networks Inc. completed its acquisition of Koi, introducing a new security category called Agentic Endpoint Security (AES) to protect AI-driven tools and coding agents.

The deal enhances Palo Alto’s capabilities by integrating Koi’s technology into its platforms, enabling enterprises to secure AI applications and manage emerging risks tied to autonomous systems and expanded attack surfaces.

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WS Investor 04-14-26

Palo Alto Networks announced the launch of Prisma Browser for Business, a secure, AI-enabled workspace designed specifically for small businesses.

The solution integrates application management, threat protection, and AI controls into a single browser-based platform, helping businesses defend against phishing, ransomware, and data leakage while enabling secure use of AI tools.

The offering aims to bring enterprise-grade cybersecurity to small businesses, addressing rising risks as work and AI usage increasingly shift to browser-based environments.
PRNewswire

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WS Investor 03-23-26

Siemens AG and Palo Alto Networks introduced a verified AI-driven cybersecurity solution for private industrial 5G networks at Mobile World Congress 2026.

The solution combines Siemens’ private 5G infrastructure and SINEC Security Monitor with Palo Alto Networks’ next-generation firewall optimized for AI. It is designed to secure industrial operational technology environments while maintaining the low latency and reliability required for real-time manufacturing systems.

The jointly tested architecture meets IEC 62443 industrial cybersecurity standards and is now available through the Siemens Xcelerator portfolio, targeting manufacturers deploying AI-enabled and connected production systems.

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Global Finance News 03-04-26

Palo Alto Networks (NASDAQ: PANW) unveiled a “Secure by Design” AI Factory ecosystem at Mobile World Congress 2026, announcing collaborations with Nokia, U Mobile, Aeris, and Celerway to secure high-performance AI infrastructure and 5G networks.

With Nokia, the company aims to secure sovereign AI data centers by integrating AI-powered security into next-generation AI “Gigafactories.” The partnership extends protection from network infrastructure to AI workloads, supporting multi-terabit throughput and data sovereignty requirements.

Additional collaborations expand security across telecom and edge environments. U Mobile plans to embed AI-driven firewalls into its 4G and 5G networks via a Security-as-a-Service model. Aeris integration with Prisma SASE 5G enables centralized zero-trust and data loss prevention policies for large-scale IoT fleets. Celerway will deploy VM-Series Next-Generation Firewalls to deliver data center-grade protection to distributed 5G edge devices used by remote and mission-critical teams.

The ecosystem is designed to provide unified, AI-powered security from core data centers to the autonomous edge, supporting the emerging AI economy.
PRNewswire

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European Investor 03-03-26

Palo Alto Networks (NASDAQ: PANW) announced a definitive agreement to acquire Koi, aiming to address emerging security risks tied to AI-driven “agentic endpoints.”

The transaction targets a growing blind spot in enterprise security: AI agents, plugins, scripts and automation tools operating with deep system access but outside traditional file-based controls. Palo Alto Networks said these AI-native tools expand the endpoint attack surface, enabling risks such as authentication bypass, API-based remote code execution and credential hijacking.

Following closing, Koi’s Agentic Endpoint Security technology will integrate into Prisma AIRS™, Palo Alto’s AI security platform, extending protection across AI-driven workflows. It will also enhance Cortex XDR® by improving visibility into AI-related endpoint activity, strengthening policy enforcement and malware prevention across modern AI-enabled environments.

The acquisition is intended to establish “Agentic Endpoint Security” as a new security category, providing governance and verification over AI agents and related components operating on enterprise endpoints.

The deal remains subject to customary closing conditions, including regulatory approvals. Financial terms were not disclosed. Additional details are expected during the company’s Q2 FY2026 earnings call.
PRNewswire

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The Investor 02-17-26

Palo Alto Networks (NASDAQ: PANW) has completed its acquisition of CyberArk, making Identity Security a core pillar of its platform strategy. The deal strengthens its ability to secure human, machine and AI-driven identities, as identity-based attacks increasingly dominate cyber threats.

CyberArk’s platform will remain available standalone while being integrated into Palo Alto Networks’ broader ecosystem. The move aims to eliminate identity silos, reduce excessive privileges and limit credential abuse across hybrid cloud environments. CEO Nikesh Arora said the rise of AI agents requires securing every identity, while CyberArk CEO Matt Cohen called the combination a “definitive cyber guardian” for enterprises.

The company also announced plans to pursue a secondary listing on the Tel Aviv Stock Exchange under the ticker “CYBR,” while continuing to trade on Nasdaq as “PANW.”

Under the transaction terms, CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks stock per share.

Source: PR Newswire

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WS Investor 02-11-26

Palo Alto Networks announced an expanded version of its NextWave Partner Program, redesigning partner incentives to focus on “platformization” and AI-driven security outcomes rather than transactional sales. The updated program rewards partners that integrate security across network, cloud and SOC environments, aiming to reduce customer complexity while increasing high-margin, service-led growth opportunities.

The new NextWave framework introduces streamlined rebates tied to next-generation firewalls, next-generation security and platform adoption, alongside enhanced CPQ tools and automated deal registration to accelerate deal velocity. Palo Alto Networks also launched a Partner Development Fund to reinvest earned rebates into partner-led demand generation, training and solution development. Tailored tracks are included for MSSPs, distributors, global system integrators and authorized service partners to support scalable, AI-powered security delivery.

Source: Palo Alto Networks, PR Newswire, February 5, 2026

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WS Investor 02-06-26

Palo Alto Networks (NASDAQ: PANW) announced that it will release the financial results for its fiscal second quarter 2026, ending January 31, 2026, after U.S. markets close on Tuesday, February 17, 2026.

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WS Investor 02-04-26

Palo Alto Networks announced that it has completed the acquisition of Chronosphere, strengthening its platform by combining cloud-native observability with AI-driven security capabilities.

The acquisition brings Chronosphere’s real-time observability technology into Palo Alto Networks’ portfolio, enabling enterprises to gain deep visibility across applications, infrastructure, and AI systems while controlling data volume and cost. The planned integration with Cortex AgentiX will allow AI agents to automatically detect and remediate security and IT issues, supporting autonomous operations in large-scale, AI-driven environments. Chronosphere’s Telemetry Pipeline will continue to be offered as a standalone solution, helping customers significantly reduce data ingestion costs and infrastructure needs.

Palo Alto Networks stated that the transaction advances its strategy of platformization, addressing customer demand for fewer vendors and deeper, integrated security and operations capabilities tailored to the AI era.

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WS Investor 01-30-26

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