Key Takeaways Okta reported Q4 subscription revenues up 11.5%, accounting for 98.2% of total revenues.New products drove ~30% of bookings and lifted deal values by about 40% via cross-selling. OKTA saw strong enterprise demand, with $1.3B TCV and more than $3B in ACV. Okta’s (OKTA) fourth-quarter fiscal 2026 subscription revenues increased 11.5% year over year and accounted for 98.2% of total revenues. The company is benefiting from an expanding portfolio. New offerings, including Okta Identity Governance, ...

Latest enhancements enable simpler, faster, and safer segmentationCAMBRIDGE, Mass., March 24, 2026 (GLOBE NEWSWIRE) -- Akamai (NASDAQ: AKAM) today announced new AI-powered capabilities for Akamai Guardicore Segmentation designed to transform how organizations design and enforce security policies. The solution leverages AI to identify, analyze, and interpret application behavior, then automatically generates accurate, enforcement-ready policies. Organizations can now dramatically speed up segmentation effort ...

As enterprises and neo-clouds invest billions in private AI infrastructure, Check Point delivers the industry's most comprehensive security architecture for AI data centersREDWOOD CITY, Calif., March 23, 2026 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today released the AI Factory Security Architecture Blueprint — a comprehensive, vendor-tested reference architecture for securing private AI infrastructure from the hard ...

Core Insights - Cisco is introducing significant security innovations aimed at the agentic AI ecosystem, focusing on enabling organizations to deploy AI agents confidently at scale [1][2][3] Security Innovations - Cisco's new solutions address AI security issues by establishing trusted identities, enforcing Zero Trust Access controls, and providing tools for security operations teams to counter threats rapidly [1][5] - The company is extending Zero Trust Access to AI agents, integrating new capabilities in Identity and Access Management (IAM) and policy enforcement to enhance visibility and governance over agentic actions [5][6] AI Agent Adoption - A Cisco survey revealed that 85% of major enterprise customers are experimenting with AI agents, but only 5% have implemented agentic technology in production [2] Key Security Pillars - Cisco is focusing on three main pillars for securing the agentic workforce: protecting the world from agents, protecting agents from external threats, and enabling rapid detection and response to AI incidents [3][6] - The company emphasizes the need for onboarding AI agents to establish their identity and accountability, which is currently lacking in many enterprises [3] AI Defense Tools - Cisco is launching AI Defense: Explorer Edition, a self-service solution that allows organizations to test the resilience of AI models against attacks before deployment [8][12] - The introduction of DefenseClaw, an open-source secure agent framework, aims to automate security processes and integrate with NVIDIA's OpenShell for enhanced security during agent deployment [13][14] SOC Enhancements - Cisco is evolving the Security Operations Center (SOC) from reactive to proactive by embedding AI capabilities into workflows, allowing analysts to prioritize threats more effectively [15][17] - New specialized AI agents are being introduced to automate security workflows, enabling the SOC to operate at machine speed and scale [17]

Core Insights - Palo Alto Networks (PANW) and Okta Inc. (OKTA) are prominent U.S.-based cybersecurity firms, with PANW focusing on next-gen firewalls and cloud security, while OKTA specializes in identity and access management solutions [1][2] Industry Overview - The cybersecurity market is expected to grow at a CAGR of 12.28% from 2026 to 2031, driven by increasing complex attacks such as credential theft and social engineering [2] Company Analysis: Palo Alto Networks (PANW) - PANW is recognized as a leader in cybersecurity, providing comprehensive solutions for network and cloud security [4] - The company’s SASE segment saw a 40% year-over-year increase in Annual Recurring Revenues (ARR) in Q2 of fiscal 2026, indicating strong demand for integrated security solutions [5] - A significant deal worth over $50 million was secured with a global automotive leader for security transformation, highlighting PANW's market traction [6] - However, PANW faces challenges from high integration costs related to recent acquisitions, including a $25 billion deal with CyberArk and a $3.35 billion acquisition of Chronosphere, leading to increased costs of $24 million in Q2 [7] - The issuance of 112 million shares as part of the CyberArk deal is expected to dilute equity, impacting earnings per share (EPS) guidance for fiscal 2026, now projected at $3.65-$3.70 [8] Company Analysis: Okta Inc. (OKTA) - Okta's Q4 fiscal 2026 results show an 11.6% increase in revenues and a 15.4% rise in EPS, with a customer base exceeding 20,000 [9][11] - The company is focusing on agentic identity solutions, which contributed to 30% of total bookings in Q4, demonstrating strong early adoption [12] - Okta's partnerships with major firms like Amazon Web Services and Microsoft are expected to drive further growth, with fiscal 2027 revenue and earnings estimates indicating year-over-year growth of 8.9% and 7.7%, respectively [13] - The Zacks Consensus Estimate for Okta's EPS for fiscal 2027 and 2028 has been revised upward by 13 cents and 25 cents, respectively, reflecting positive analyst sentiment [14][16] Comparative Valuation - Okta is currently trading at a forward sales multiple of 4.44X, significantly lower than PANW's 11.04X, making it more attractive for value-seeking investors [17] - Both companies have experienced a decline in share prices over the past six months, with PANW down 10.2% and OKTA down 11.2% [16] Conclusion - While both PANW and OKTA are key players in the cybersecurity sector, PANW faces near-term risks from acquisition-related costs and share dilution, which may hinder its growth prospects [18] - In contrast, OKTA is demonstrating steady execution and upward revisions in earnings estimates, positioning it as a more favorable investment option for those looking for growth in cybersecurity at a reasonable valuation [19]

Netskope’s proven AI security expertise and infrastructure benefit customers transforming their businesses with AISANTA CLARA, Calif., March 19, 2026 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, today announced that it achieved the Amazon Web Services (AWS) Security Competency status for AI Security. Netskope certifiably meets AWS technical and quality requirements to provide AWS customers with leading solutions that secure and protect AI ...

We recently compiled a list of the 11 Technology Stocks with Insider Buying in 2026. Zscaler, Inc. (NASDAQ:ZS) is one of the stocks with insider buying on this list. TheFly reported on March 10 that Oppenheimer adjusted its price target for ZS to $250 from $280 while maintaining an Outperform rating. Following a discussion with the company’s CFO, the firm reaffirmed its confidence in ZS’s strong market position and strategic product roadmap. The company’s core operations remain robust, go-to-market effort ...

Core Insights - Zscaler Inc. is enhancing its global data sovereignty capabilities through its Zero Trust Exchange platform, with a focus on compliance with local laws while maintaining performance [1][2] - The company is introducing in-region SSL inspection and malware analysis to analyze encrypted traffic locally, preventing data from leaving specific territories [2] - Zscaler's architecture allows customers to maintain ownership of their encryption keys and choose between regional or on-premises log storage, ensuring high availability and business continuity [3] Group 1: Expansion and Capabilities - Zscaler is expanding its dedicated control and logging planes to new regions, including Canada, to support enterprises in complying with local regulations [1] - The platform features private, single-tenant service edges for organizations with specific hardware certification needs, along with dedicated technical teams for regulatory interpretation [2] - The expansion is supported by a 'Collect Once, Certify All' framework to facilitate compliance with regulations such as GDPR and NIS2 [3] Group 2: Company Overview - Zscaler operates as a cloud security company, providing cyberthreat protection and data security products globally [4]

Core Insights - Zscaler, Inc. (ZS) shares have decreased by 33.7% over the past three months, significantly underperforming the Zacks Computer and Technology sector, which declined by only 1% [1][3] - The decline is more pronounced compared to competitors like Cisco Systems, Fortinet, and Palo Alto Networks, with Fortinet's shares rising by 2.4% during the same period [1][3] Financial Performance - Zscaler reported Q2 FY26 revenues of $816 million, reflecting a 26% year-over-year increase, while EPS rose by 29.5% to $1.01 [7][17] - The company has a growing customer base, with 728 customers generating $1 million or more in annual recurring revenues (ARR), including a significant portion from Fortune 500 and Global 2000 companies [18] Market Position and Valuation - Zscaler holds a premium valuation with a Forward 12-month Price-to-Sales (P/S) ratio of 6.66, higher than the sector average of 6.18 [4] - Compared to key competitors, Zscaler trades at a lower P/S multiple than Palo Alto Networks (10.76) and Fortinet (8.00), but higher than Cisco Systems (4.89) [8] Growth Drivers - Zscaler's three main growth areas—AI Security, Zero Trust Everywhere, and Data Security Everywhere—have surpassed $1 billion in combined ARR, indicating strong growth potential [10][11] - AI Security's ARR is expected to exceed $500 million in fiscal 2026, driven by the adoption of AI Guard and agentic operations [11] - The Z-Flex program has generated over $290 million in total contract value bookings in Q2 FY26, marking a 65% sequential increase, which supports long-term customer relationships and sustainable growth [14] Future Outlook - Despite macroeconomic challenges, Zscaler is well-positioned to benefit from enterprise migration to cloud environments and increasing adoption of AI-driven cybersecurity solutions [19] - The Zacks Consensus Estimate indicates strong double-digit revenue and earnings per share growth for fiscal years 2026 and 2027 [19]

Core Insights - Netskope has launched Netskope One AI Security, a suite designed to protect AI agents, applications, data, and users across various environments, all integrated within a single platform [1][2][3] Industry Overview - Enterprise AI spending reached $241.8 billion in 2025 and is projected to exceed $867.3 billion by 2029, indicating rapid growth in AI adoption [2] - The increasing use of AI has created significant security gaps, as legacy security products fail to provide visibility into data usage across AI applications and models [2] Company Developments - Netskope One AI Security offers comprehensive discovery, visibility, and real-time control over AI applications, models, agents, and tools, facilitating secure AI adoption [3][12] - The platform includes new capabilities such as the Netskope One Agentic Broker, AI Guardrails, AI Gateway, and AI Red Teaming, all aimed at enhancing security for AI interactions [6][8] Strategic Vision - The CEO of Netskope emphasized the importance of a new standard for high-performance security and networking in the AI era, highlighting the need for an intelligent edge to secure complex data flows [4] - Netskope aims to provide deep, real-time protection at the speed of inference, integrating high-speed performance with context-aware security measures [4] Customer Engagement - Colgate-Palmolive has partnered with Netskope to ensure responsible deployment and use of AI systems, emphasizing the importance of ethical considerations and adherence to regulations [4]