The technology sector is in a constant state of transformation. The rapid adoption of artificial intelligence (AI) and the shift to multi-cloud environments have created immense opportunities, but they have also opened the door to a more complex and dangerous generation of cyber threats.
Santa Clara, Calif.-based cybersecurity platform provider Palo Alto Networks stock has lost 14% of its peak value since inking a deal to acquire Newton, Mass.
PANW eyes a $20B CYBR buyout to plug its identity gap and push deeper into the fast-growing IAM market.
Palo Alto Networks (NASDAQ: PANW) is reportedly in advanced talks to acquire Israel-based cybersecurity firm CyberArk in a deal that could be valued at up to $20 billion, per The Wall Street Journal. The news sent CyberArk shares up over 13%, although Palo Alto's stock dropped by nearly 5%.
Palo Alto Networks (PANW) closed at $193.84 in the latest trading session, marking a -5.21% move from the prior day.
Palo Alto Networks leans into secure browsing as Prisma Access Browser fuels rapid SASE growth and lands a nine-figure pipeline.
The Investment Committee debate the latest Calls of the Day.
Palo Alto Networks' Protect AI acquisition boosts Prisma AIRS with end-to-end model security as enterprise AI risks escalate.
Recently, Zacks.com users have been paying close attention to Palo Alto (PANW). This makes it worthwhile to examine what the stock has in store.
Up more than 10% year-to-date (YTD) and about 20% in the past 12 months, cybersecurity firm Palo Alto Networks NASDAQ: PANW has weathered the initial storm of tariff uncertainty well. In a sign of support for PANW, institutional investors have taken a particular interest in the firm in recent months.
Palo Alto Networks (PANW) reached $199.88 at the closing of the latest trading day, reflecting a +2.09% change compared to its last close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?