Palo Alto Networks' Stock Soars on Strong Earnings and AI Integration
The cybersecurity firm surpasses expectations with robust earnings, a promising outlook, and strategic advancements in AI and platformization.
- Shares rose nearly 9% following better-than-expected quarterly results.
- Analysts raised price targets, citing AI gains and platform consolidation.
- The company announced a $500 million share buyback program.
- Revenue and profit forecasts for fiscal 2025 exceed Wall Street estimates.
- Recent CrowdStrike outage may drive new customers to Palo Alto Networks.
Investopedia 
CNBC 
Investor's Business Daily 
CNA 
