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Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge
Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge June 2 : Palo Alto Networks raised its annual revenue and profit forecast on Tuesday, as enterprises increased spending on cloud, identity and AI-driven cybersecurity products amid a rising threat landscape, sending shares up 7.4 per cent in extended trading. Here are some details on the results: • Santa Clara, California-based Palo Alto expects revenue of $11.415 billion to $11.425 billion for fiscal 2026,...
What's behind Palo Alto's earnings sell-off — and how to proceed
Shares of Palo Alto Networks are down over 4% Wednesday, despite the cybersecurity provider delivering strong quarterly results the prior evening. This next-day move may seem a bit odd, given the company not only exceeded expectations for the reported quarter, but also issued guidance ahead of expectations for the current three-month period. So, what is the culprit?
We're upping our Palo Alto price target after strong earnings vanquish AI disruption fears
Palo Alto Networks reported a strong beat-and-raise quarter Tuesday night, putting to rest any lingering doubt that it will be disrupted by artificial intelligence. The stock was volatile in after-hours trading, but considering its blistering rally into earnings, it's not surprising to see this kind of reaction. Revenue for the company's fiscal 2026 third quarter increased 31% year over year to $3 billion, exceeding the Wall Street consensus estimate of $2.94 billion, according to LSEG.
Palo Alto CEO says customer meeting requests have surged amid AI security concerns
Palo Alto Networks CEO Nikesh Arora said artificial intelligence is making cybersecurity more important as increasingly sophisticated AI-powered attacks force companies to strengthen their defenses. "I think we declared the 'SaaSpocalypse' dead for cybersecurity officially," Arora said on CNBC's "Mad Money" on Tuesday, referencing investor concerns earlier this year that software-as-a-service, or SaaS, companies would be disrupted by AI models. Palo Alto reported stronger-than-expected...
Palo Alto VPN bug graduates from advisory to active exploitation
Palo Alto customers are being been told to patch yet another internet-facing security flaw after researchers caught attackers bypassing GlobalProtect authentication and gaining unauthorized VPN access. The flaw, tracked as CVE-2026-0257, affects PAN-OS deployments using GlobalProtect authentication override cookies under specific configurations. Palo Alto disclosed the bug on May 13 and initially assigned it a medium-severity rating, saying it was aware of attempts to exploit it but had not...
Palo Alto Networks Raises Profit Outlook, Citing AI Demand
Palo Alto Networks headquarters in Santa Clara, California.
Palo Alto Networks pops 12% on earnings beat as AI fuels cybersecurity urgency
Palo Alto Networks surpassed Wall Street's fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools. Here's how the company did versus LSEG estimates: - Earnings per share: 85 cents adjusted vs. 80 cents expected - Revenue: $3.00 billion vs. $2.94 billion expected Revenue grew 31% from a year ago, including $388 million from its recent CyberArk and Chronosphere acquisitions, the cybersecurity company said. The company reported a net...
Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America
Nikesh Arora, chief executive officer at Palo Alto Networks Inc., during the Raise summit in Paris in 2025.
Palo Alto Networks’ stock is rising as earnings show AI is a friend, not a foe
The “latest advancements at the AI frontier have increased the level of urgency around cybersecurity,” Palo Alto Networks’ CEO said.
How Jim Cramer would approach Palo Alto's stock heading into earnings
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Here's a recap of Tuesday's key moments. The S & P 500 touched fresh record highs on Tuesday, driven by Nvidia and other chipmakers.