FINWIRES · TerminalLIVE
FINWIRES

$PANW

29 stories mentioning PANW

Every FINWIRES story that references PANW, newest first.

Wire

Palo Alto Networks Set to Report 'Solid' Fiscal Q3 as Firewall Refresh Cycle Continues, Morgan Stanley Says

Palo Alto Networks (PANW) is expected to report a "solid" fiscal Q3 amid positive partner feedback, healthy demand for firewall refreshes, and continued momentum in its platformization, Morgan Stanley said in a note Wednesday.The firm said recent channel checks suggest demand trends remain strong for the company. Many partners reported results that were in line with or above expectations, with continued strength tied to firewall refresh activity and increasing traction for Palo Alto's artificial intelligence-related security capabilities, the firm said.The firm said Palo Alto's fiscal Q3 remaining performance obligations, or RPO, are expected to come in slightly above the midpoint of guidance, closer to roughly 33% year-over-year growth. Current RPO growth is also expected to exceed consensus expectations of 28% to 29% year over year, the firm said.The company is also projected to post stronger-than-guided product revenue growth, potentially exceeding management's about 25% year-over-year target, the firm said.Morgan Stanley raised its price target on Palo Alto Networks to $253 from $223 while keeping its overweight rating. The company is scheduled to report its fiscal Q3 results on June 2.Price: $245.16, Change: $+5.03, Percent Change: +2.09%

$PANW
Research

Research Alert: CFRA Downgrades Rating On Shares Of Palo Alto Networks Inc. To Buy From Strong Buy

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We up our target to $280 from $193, on a P/E of 68x our FY 27 EPS estimate. We keep our FY 26 EPS view at $3.70 but lift our FY 27 EPS forecast to $4.12 from $4.01. PANW continues to strengthen its portfolio. We highlight the increased focus on agentic capabilities, such as the acquisition of Koi (completed in April) for its Agentic Endpoint Security tools, and its recent launch of Idira, a next-gen Identity Security platform that enhances Privilege Access Management with agentic functionality. PANW also announced its intent to acquire Portkey to enable users to centrally manage AI Agents. With Agentic adoption scaling rapidly, we believe CISOs have to allocate more budget to agentic security, an area where most are lacking in solutions. Additionally, Idira's launch represents the GTM execution of its CyberArk acquisition, and we expect cross-platform selling to start ramping. That said, shares have rallied substantially the last month (+48%) and we see a less attractive risk-reward at current multiples.

$PANW
Wire

Palo Alto Networks Seen Advancing Identity Security Platform Strategy, Oppenheimer Says

Palo Alto Networks (PANW) is strengthening its platform strategy through the CyberArk rebrand to Idira and its integration across Strata, Cortex and Prisma, Oppenheimer said in a Friday note.The announcement marks Palo Alto Networks' first public integration of CyberArk's technology and product roadmap into its broader security platform, the firm said.Oppenheimer said its customer survey showed no signs of churn tied to the CyberArk acquisition. Of 22 customers surveyed, 18% expect to increase spending by more than 20% over the next 12 months, 59% expect to increase spending by 5% to 20%, and none expect cuts.Palo Alto is also positioning agentic identity security as a key growth vector, including a Secure AI Agents solution.Oppenheimer reiterated its outperform rating on Palo Alto and raised its price target to $275 from $245.Price: $237.31, Change: $-0.90, Percent Change: -0.38%

$PANW
Wire

Palo Alto Networks Seen Undervalued as Portfolio Strengthens, Berenberg Says

Palo Alto Networks' (PANW) valuation multiples trail the company's improving portfolio quality and growing scale, Berenberg said Tuesday in a report.The company "is a rare quality compounder in cybersecurity, with best-in-class execution, multiple growth engines, and strong product breadth," the report said.Consensus models assume the company will convert about 59 customers per quarter to broader product bundles, rising to about 2,600 by fiscal 2030, Berenberg said. Even 2,500 to 3,500 such conversions by 2030 may not represent an upper limit, with momentum expected to build following the CyberArk and Chronosphere acquisitions, the report said.Berenberg initiated coverage on Palo Alto Networks stock with a buy rating and a $215 price target.Price: $175.63, Change: $+6.07, Percent Change: +3.58%

$PANW
Research

Berenberg Initiates Palo Alto Networks at Buy With $215 Price Target

Palo Alto Networks (PANW) has an average rating of buy and mean price target of $207.02, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$PANW
Wire

Microsoft, Salesforce Recent Sell-Offs Disconnected From Emerging AI Monetization Opportunities, Wedbush Says

Microsoft (MSFT), Salesforce (CRM) and ServiceNow's (NOW) recent sell-offs amid the broader software disposal are disconnected from the AI opportunities over the coming years, with enterprises moving to integrate AI across their tech stacks on a priority, Wedbush said in a note Monday.The brokerage said its tech team has seen a rapid pace of enterprise AI adoption over the past few weeks, as per conversations with multiple customers and partners across the board including throughout Asia, furthering its enterprise software sector AI monetization thesis.Increased AI usage is also lowering the cost and skill required to execute sophisticated cyber attacks, Wedbush said, adding that AI in cybersecurity does not reduce the need for endpoints and their vendors, but multiplies it as more enterprises deploy LLM-powered agents, meaning more run-time monitoring and identity governance.In this context, Wedbush said its favorites included CrowdStrike (CRWD), Palo Alto Networks (PANW), Zscaler (ZS), Check Point Software (CHKP), and Rubrik (RBRK).Price: $378.62, Change: $+7.75, Percent Change: +2.09%

$CHKP$CRM$CRWD$MSFT$NOW$PANW$RBRK$ZS
Insider Trading

Palo Alto Networks Insider Sold Shares Worth $272,459, According to a Recent SEC Filing

John P. Key, Director, on April 08, 2026, sold 1,572 shares in Palo Alto Networks (PANW) for $272,459. Following the Form 4 filing with the SEC, Key has control over a total of 20,000 common shares of the company, with 20,000 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1327567/000177245826000002/xslF345X05/ownership.xml

$PANW
US Markets

Cloudflare Sell-Off Offers Buying Opportunity as Project Glasswing Concerns 'Overblown,' Oppenheimer Says

Cloudflare's (NET) stock sell-off offers a buying opportunity, while concerns around Project Glasswing are "overblown" as the cloud-services company is seen benefitting from a projected exponential growth in agentic artificial intelligence applications, Oppenheimer said Friday.Oppenheimer's upbeat outlook for Cloudflare comes as its shares tumbled 8.6% Thursday, which the brokerage attributed to competitive concerns around Anthropic's Project Glasswing initiative and a broader market weakness. Cloudflare shares were down 13% in Friday late-afternoon trade, bringing its year-to-date losses to nearly 15%.Project Glasswing is a cross-industry coalition formed to "secure the world's most critical software," Anthropic said in a statement. The alliance, which will be using Anthropic's unreleased Claude Mythos frontier model, includes Amazon (AMZN) Web Services, Apple (AAPL), Broadcom (AVGO), Cisco (CSCO), CrowdStrike (CRWD), Alphabet's (GOOG, GOOGL) Google, JPMorgan Chase (JPM), Microsoft (MSFT), Nvidia (NVDA), and Palo Alto Networks (PANW).Cloudflare is not part of the coalition.The concerns over Project Glasswing are "overblown," with the Cloudflare stock sell-off providing a "tactical buying opportunity," Oppenheimer analysts Param Singh and Jake Heimowitz said in a note to clients Friday. Claude Mythos will "proactively find and fix vulnerabilities across critical infrastructure," they said."We want to highlight that Cloudflare's security sales are tied to its physical network, which is necessary to funnel data traffic," the analysts wrote. "We see Cloudflare as a beneficiary of this growing sophistication in frontier models, which will support exponential growth in agentic AI applications and benefit Cloudflare across delivery, security, and compute."Cloudflare handles roughly 20% of global internet traffic volume, with Oppenheimer seeing the company as a share gainer and beneficiary from an "increasingly agentic web," the analysts said. Agentic AI is expected to drive data traffic growth at a compound annual growth rate of more than 20%, according to the note.The brokerage, which has an outperform rating on the Cloudflare stock, said its checks indicate an accelerating customer spend with the company amid "higher security module and compute attach."Price: $167.26, Change: $-25.79, Percent Change: -13.36%

$AAPL$AMZN$AVGO$CRWD$CSCO$GOOG$GOOGL$JPM$MSFT$NET$NVDA$PANW
US Markets

Stocks Rise, Oil Declines Pre-Bell as US, Iran Agree to Two-Week Ceasefire

US equity futures were pointing higher on Wednesday while oil prices fell as the US and Iran agreed to a two-week ceasefire, potentially paving the way for the reopening of the crucial Strait of Hormuz.The S&P 500 rose 2.6%, the Dow Jones Industrial Average increased 2.4% and the Nasdaq advanced 3.3% before the opening bell. The S&P 500 and the Nasdaq finished the previous trading session in the green, while the Dow closed lower.In a social media post on Tuesday, President Donald Trump announced that he agreed to suspend "the bombing and attack of Iran for a period of two weeks" based on conversations and requests from Pakistan's Prime Minister Shehbaz Sharif and Field Marshal Asim Munir. The suspension of hostilities is subject to Iran agreeing to the "complete, immediate, and safe opening" of the Strait of Hormuz, according to Trump."We received a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate," Trump said in his post. "Almost all of the various points of past contention have been agreed to between the (US) and Iran, but a two week period will allow the agreement to be finalized and consummated."Trump had previously set an 8 pm ET deadline on Tuesday for Iran to fully reopen the strait or face destructive military attacks.In a separate statement shared on X, Iran's Foreign Minister Seyed Abbas Araghchi said Tehran will halt its defensive operations if attacks against it are stopped. Iran will also allow "safe passage" through the Strait of Hormuz, a key route for crude flows, during the two-week ceasefire through coordination with its armed forces and "with due consideration of technical limitations," according to Araghchi.Pakistan has invited US and Iranian delegations to Islamabad on Friday to further negotiate a "conclusive agreement to settle all disputes," Sharif said on X. Reuters reported earlier in the week that Pakistan put forward a proposal to both countries for an immediate ceasefire followed by a broader agreement to permanently end their war.The US-Israel war with Iran began at the end of February, disrupting shipments through the Strait of Hormuz and driving up energy prices. The conflict spread across the Middle East, with Gulf countries forced to intercept missiles and drones fired by Tehran.West Texas Intermediate crude oil dropped 16% to $94.39 a barrel in premarket action, while Brent fell 14% to $94.18.The Fed is scheduled to post minutes of its last policy meeting at 2 pm, which will be assessed for fresh insight on the central bank's monetary policy. Last month, the central bank held interest rates steady, saying the Middle East conflict poses uncertainty to the US economic outlook.Markets widely expect the Fed to keep its benchmark lending rate steady at its next policy meeting later in April, according to the CME FedWatch tool.Treasury yields plunged before the open, with the two-year rate declining 9.7 basis points to 3.74% and the 10-year rate falling 9.5 basis points to 4.25%.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the weekly EIA domestic petroleum inventories report at 10:30 am.Delta Air Lines (DAL) and RPM International (RPM) report their latest financial results before the bell, among others. Constellation Brands (STZ) releases its earnings after the markets close.Shares of Levi Strauss (LEVI) jumped 11% pre-bell as the denim maker lifted its full-year outlook. Palo Alto Networks (PANW) inclined 2.1% while Trade Desk (TTD) was up nearly 4%.Gold gained 2.5% to $4,800 per troy ounce, while bitcoin climbed 4.3% to $71,663.

Dow JonesNasdaq CompositeS&P 500$DAL$LEVI$PANW$RPM$STZ$TTD

Showing 21-29 of 29