Palo Alto Networks, Inc. (PANW)

Over the past six months, Palo Alto Networks' stock (PANW) has increased by 8.40%. Key events impacting the stock price include Q1 2025 earnings, which showed a revenue increase but a stock price fall due to deferred payment strategies. Q3 2025 earnings showed revenue growth across all geographies. Analyst sentiment remained a "Moderate Buy." Partnerships, particularly with Okta, and a focus on AI have been recurring themes. The stock has generally outperformed the broader market and cybersecurity ETFs.

Palo Alto Networks experiences some demand seasonality, particularly in its cash flow, which is typically weighted towards the second half of the fiscal year. The company continues to see stable demand for firewall appliances and growth in Next-Generation Security (NGS). There is increasing demand for annual payments, especially for deals over $1 million. The trend towards AI and cloud transformation is expected to continue driving demand for security solutions. Vendor consolidation in the cybersecurity market is expected to drive pipeline growth. In Q3 2025, Palo Alto Networks reported double-digit growth across all geographic theaters.

Palo Alto Networks, Inc. (PANW) is a multinational cybersecurity company providing a comprehensive cybersecurity platform. Its offerings are categorized into Network Security (Strata), Cloud Security (Prisma), and AI-Driven Security Operations (Cortex). Key products include Next-Generation Firewalls (NGFWs), Prisma SASE, Prisma Cloud, Cortex XDR, Cortex Xpanse, Cortex XSOAR, Cortex XSIAM, Panorama, and Cloud-Delivered Security Services. The company serves over 70,000 organizations in more than 150 countries across various industries.

Palo Alto Networks has a significant global presence, serving customers in over 150 countries with operations across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its headquarters are in Santa Clara, California, with other significant hubs in Tel Aviv, Dallas, and Bengaluru. Additional teams operate in Singapore, New York, Austin, Chicago, and several smaller locations. The Amsterdam office supports business and customers throughout Europe. The company localizes content to support operations in over 30 countries and reach audiences in as many as 20 different languages.

Palo Alto Networks has a strong brand reputation as a leader in the cybersecurity industry, attributed to its comprehensive security solutions and innovative approach. The company was recognized as a Newsweek Top 100 Most Loved Workplace for the third consecutive year. Frost & Sullivan awarded Palo Alto Networks the Global Company of the Year Award in the CNAPP industry for its Prisma Cloud offering. The collaboration with Okta to unify AI-driven security further solidifies its position as an innovator. The company has seen positive market response to its strategy of encouraging customers to consolidate their cybersecurity spend on Palo Alto Networks platforms.

Palo Alto Networks' stock ownership is a mix of institutional, retail, and individual investors. Institutional investors hold approximately 78.75% of the company's stock, with Vanguard Group Inc. being the largest individual institutional holder. Individual investors also hold a portion of the stock, with Sc XI Management LLC noted as the largest individual shareholder.