Analysts Bullish on PANW as AI-Driven Cybersecurity Demand Accelerates

Palo Alto Networks, Inc. (NASDAQ:PANW) is 1 of the Must-Watch AI Stocks connected Wall Street. On November 20, BTIG expert Gray Powerll raised the terms people connected the banal to $248.00 portion maintaining a Buy rating.

The terms people rise follows PANW’s coagulated Q1 beat, humble FY26 raise, and a astonishment introduction into the observability abstraction done its Chronosphere deal.

PANW reported gross of $2,474 cardinal for the quarter, topping some BTIG’s and Wall Street’s estimates of $2,462 million.  The gross bushed was mostly driven by better-than-expected merchandise revenue, noted the analysts, with services fractionally supra forecasts.

It’s Next-Generation Security Annual Recurring Revenue (NGS ARR) was $5,850 million, up 29.4% year-over-year with $270 cardinal successful nett additions. The steadfast noted however these numbers somewhat exceeded its anterior estimation of $5,840 cardinal and the Street statement of $5,834 million.

“In addition, PANW raised the midpoint of its FY26 gross usher by $20MM to $10,520MM / 14.1% y/y, from $10,500MM / 13.9% antecedently portion maintaining its NGS ARR outlook. All in, we thought it was a bully 4th with astir KPI’s landing astir wherever we thought they would.”

Besides the performance, the biggest astonishment of the nighttime for the steadfast had been PANW’s announcement of a $3.35 cardinal acquisition of backstage institution Chronosphere. According to the analysts, Chronosphere is simply a “highly regarded asset” with tangible synergies with PANW’s existing XSIAM merchandise and SOAR capabilities.

The steadfast has made small changes to its FY26/FY27 gross and FCF estimates.

Palo Alto Networks, Inc. (NASDAQ:PANW) is simply a person successful AI-powered cybersecurity.

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