Palo Alto Networks pops
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The proposed $25 billion acquisition reflects the growing importance of identity management — and would fill a crucial gap in the Palo Alto Networks portfolio.
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.
With cyberattacks growing in number and complexity, Wall Street sees potential for stock appreciation at the cybersecurity stalwart.
CyberArk Software shares are trading higher in Monday's after-hours session after Palo Alto Networks shares popped on better-than-expected earnings.
Evercore ISI analyst explains why federal spending cuts aren't a risk for Palo Alto Networks federal business.
Palo Alto Networks will buy Israeli peer CyberArk Software for about $25 billion, in its biggest deal yet, as CEO Nikesh Arora seeks to build a comprehensive cybersecurity provider to tap into rising AI-driven demand.
Palo Alto Networks on Wednesday said it would acquire CyberArk in a cash-and-stock cybersecurity deal that values the latter company at $25 billion.
CyberArk Software Ltd. (NASDAQ:CYBR) is one of the Buzzing AI Stocks on Wall Street. On August 15, Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating on the stock with a $470.
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.