Palo Alto Networks, Inc. (PANW)

Over the past six months, Palo Alto Networks' stock experienced some fluctuations, recording a small loss of 1.2% as of January 12, 2026, underperforming the S&P 500's gain. Key events impacting the stock include analyst upgrades from Guggenheim and JPMorgan, an expanded strategic partnership with Google Cloud, strong first-quarter fiscal 2026 results, insider activity with a director and EVP selling shares, the planned acquisition of CyberArk, and billings in Q3 coming in at $1.95 billion, with year-on-year growth averaging 8.1%.

While specific demand seasonality is not explicitly detailed, Palo Alto Networks' revenue model relies on subscription-based software and security services, providing recurring income streams. Cloud-delivered security subscriptions have emerged as the fastest-growing revenue source. The company focuses on high-growth markets such as SASE and SIEM. A significant number of customers were due for renewal in the twelve months leading up to April 2025, which was anticipated to boost revenue growth. The company's emphasis on platformization and bundling products aims to encourage broad adoption and create a cohesive cybersecurity ecosystem.

Palo Alto Networks, Inc. is a multinational cybersecurity company headquartered in Santa Clara, California, operating in the Technology sector, focusing on network security, cybersecurity, and cloud computing. It provides technology to protect organizations from digital threats across networks, cloud environments, and endpoints, developing advanced security platforms to prevent cyberattacks, detect threats, and secure sensitive data in real-time. Its major products and services include Next-Generation Firewalls, Cloud Security Solutions like Prisma Cloud and Prisma SASE, Endpoint Protection including Cortex XDR, Security Operations Software such as Cortex XSOAR and Cortex XSIAM, Threat Intelligence and Security Consulting Services, and other offerings like Data Loss Prevention and IoT Security.

Palo Alto Networks has a significant international presence, serving over 70,000 organizations in more than 150 countries, with operations in North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The company's headquarters are in Santa Clara, California. In fiscal year 2024, the Americas region accounted for 68.3% of its total revenue, followed by Europe/Middle East/Africa (20%) and Asia/Pacific (11.7%). Major global offices are situated in key cities such as New York, Chicago, and Seattle in North America; Singapore, Sydney, and Tokyo in Asia-Pacific; São Paulo and Mexico City in Latin America; and Amsterdam in Europe.

Palo Alto Networks has maintained a strong brand reputation over the past year, recognized as a leader in the security industry. The company is known for its platform-based approach, innovation in cybersecurity, and leadership in protecting modern digital infrastructure. Its strategic direction and market positioning are validated by its leadership in Gartner Magic Quadrant reports. The company launched its "This is Precision AI" campaign, featuring Keanu Reeves, to highlight the role of AI in cybersecurity. Palo Alto Networks is a partner organization of the World Economic Forum and houses the Unit 42 threat research team.

Palo Alto Networks' stock ownership is a mix of institutional, retail, and individual investors, with institutional investors holding a significant majority of the shares. Institutional investors control approximately 80% of the shares as of December 11, 2025. The general public owns about 18%, while company insiders hold less than 1% of the shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Morgan Stanley. Sc XI Management LLC is identified as the largest individual shareholder.