Palo Alto Networks receives praise from Wall Street
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Palo Alto Networks was surging Tuesday as the company’s latest earnings bolstered Wall Street’s confidence in its efforts to become the dominant cybersecurity platform. Palo Alto shares were up 6% at $186.87 in premarket trading after fourth-quarter earnings and guidanc e came in ahead of expectations.
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,
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 CEO Nikesh Arora talked about growth in security, enterprise browsers and more as adoption of cloud and AI positions the cybersecurity vendor well.
Nir Zuk, Israeli founder of Palo Alto Networks and an IDF veteran, retires after 20 years. The cybersecurity visionary, who pioneered the next-gen firewall, hands off his CTO role to Lee Klarich, marking a new chapter for the company.
Cybersecurity giant Palo Alto Networks Inc. says that tariffs are no longer a meaningful risk to its hardware business.
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.