Key Takeaways CRWD integrated Falcon Shield with Qualtrics to expand SaaS security into sensitive business apps.CrowdStrike made Falcon available on Microsoft Marketplace, easing cloud procurement and deployment.CRWD's deals with NordVPN and Aramco extend its platform into consumer security and critical infrastructure.CrowdStrike Holdings (CRWD) is using partnerships to support growth and expand its reach. The company’s recent partnerships with Qualtrics, Microsoft, NordVPN and Saudi Aramco demonstrate how ...

​Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the Best Dip Stocks to Buy According to Hedge Funds. On February 17, Palo Alto Networks, Inc. (NASDAQ:PANW) announced its intent to acquire Koi, which is a startup specializing in Agentic Endpoint Security. ​As AI integration speeds up, the security risk from AI agents and tools grows with it. Management noted that this strategic acquisition will provide additional visibility and control over AI endpoints, which often evade traditional antivirus protection ...

Key Takeaways PANW to acquire Koi to address security gaps from AI agents, plugins and scripts on endpoints.Palo Alto Networks will integrate Koi into Prisma AIRS and Cortex XDR to boost AI activity visibility.PANW sees the deal supporting long-term growth as enterprise AI adoption expands.Palo Alto Networks (PANW) recently announced its intent to acquire Koi, a company focused on Agentic Endpoint Security. Nowadays, new security risks are created by AI agents, tools, plugins and scripts that operate direct ...

Palo Alto Networks (NasdaqGS:PANW) Q2 2026 Earnings call February 17, 2026 04:30 PM ET Company ParticipantsAdam Borg - Managing DirectorAdam Tindle - Managing DirectorBrad Zelnick - Managing DirectorDipak Golechha - CFOGabriela Borges - Managing Director and Head of US Software Equity ResearchGregg Moskowitz - Managing DirectorHamza Fodderwala - SVP of Investor Relations and Strategic FinanceJohn DiFucci - Senior Managing DirectorJosh Tilton - Managing DirectorLee Klarich - Chief Product and Technology Offi ...

Palo Alto Networks (NasdaqGS:PANW) Q2 2026 Earnings call February 17, 2026 04:30 PM ET Company ParticipantsAdam Borg - Managing DirectorAdam Tindle - Managing DirectorBrad Zelnick - Managing DirectorDipak Golechha - CFOGabriela Borges - Managing Director and Head of US Software Equity ResearchGregg Moskowitz - Managing DirectorHamza Fodderwala - SVP of Investor Relations and Strategic FinanceJohn DiFucci - Senior Managing DirectorJosh Tilton - Managing DirectorLee Klarich - Chief Product and Technology Offi ...

Palo Alto Networks (NasdaqGS:PANW) Q2 2026 Earnings call February 17, 2026 04:30 PM ET Speaker5Good day, everyone, and welcome to Palo Alto Networks' fiscal second quarter 2026 earnings conference call. I am Hamza Fodderwala, Senior Vice President of Investor Relations and Strategic Finance. Please note that this call is being recorded today, Tuesday, February 17, 2026, at 1:30 P.M. Pacific Time. With me on today's call to discuss our fiscal second quarter results are Nikesh Arora, our Chairman and Chief Ex ...

Q2 Fiscal Year 2026 Earnings Call February 17, 2026 © 2026 Palo Alto Networks, Inc. All rights reserved. Proprietary and confidential information. © 2026 Palo Alto Networks, Inc. All rights reserved. Safe Harbor This presentation contains "forward-looking" statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. All statements other than statements of historical or current facts, including, without limitation, statements regarding the cybersecurity threat lands ...

Core Viewpoint - Palo Alto Networks (NASDAQ:PANW) is gaining renewed analyst attention despite valuation pressures on software stocks, with a recent price target adjustment from BTIG analyst Gray Powell to $200.00 from $248.00 while maintaining a "Buy" rating [1][4]. Group 1: Analyst Insights - BTIG conducted discussions with eleven contacts regarding broader cybersecurity trends, gathering insights from five large channel partners that collectively represent $1.3 billion in annual sales for Palo Alto Networks [2]. - The tone of BTIG's checks indicates slight improvements compared to the previous quarter, with increased activity noted among Palo Alto Networks partners in December and January, particularly regarding products like Prisma SASE, software firewalls, XSIAM, and Prisma AIRS [3]. - There is growing confidence in Palo Alto Networks' ability to exceed Street estimates for its fiscal second quarter of 2026, with expectations to reach the high end of NGA ARR targets for FY26, excluding M&A [3][4]. Group 2: Market Position - Palo Alto Networks is recognized as a leader in AI-powered cybersecurity, which positions the company favorably within the industry [4].

Core Viewpoint - Palo Alto Networks, Inc. (PANW) has experienced significant stock underperformance despite strong earnings, raising concerns among investors regarding its acquisition strategy and market conditions [2][6]. Company Overview - Founded in 2005, Palo Alto Networks is based in Santa Clara, California, and specializes in network security solutions for enterprises, service providers, and government entities globally. The company has a market capitalization of $111 billion and offers products like Prisma Access, Strata Cloud Manager, and Prisma AIRS to secure customers' AI ecosystems [1]. Stock Performance - PANW shares have declined 15% over the past 52 weeks and 13.5% year-to-date (YTD), underperforming the S&P 500 Index, which has returned 14% over the same period [2]. - The stock has also underperformed the State Street Technology Select Sector SPDR ETF (XLK), which rose 20.2% over the past 52 weeks [3]. Earnings and Analyst Ratings - On November 21, PANW shares fell over 7% despite better-than-expected Q1 2026 earnings, surpassing Wall Street estimates for revenue and EPS. However, the planned acquisition of Chronosphere raised investor concerns about its risk and cost [6]. - Analysts expect PANW to report a 26.8% year-over-year growth in adjusted EPS to $2.08 for the fiscal year ending in June. The company has a mixed earnings surprise history, surpassing or meeting estimates in three of the last four quarters [7]. - The consensus rating for PANW is "Strong Buy," with 35 out of 50 analysts recommending "Strong Buys," three "Moderate Buys," and 12 "Holds" [7]. Price Targets - Needham analyst Mike Cikos maintained a "Buy" rating for PANW with a price target of $230, indicating a potential upside of 42.9% from current market prices. The mean price target of $227.66 and the Street-high target of $265 suggest possible increases of 42.9% and 66.3%, respectively [9].

Core Insights - Palo Alto Networks (PANW) is enhancing its focus on artificial intelligence (AI) model security, addressing the rapid adoption of AI in enterprises while many still lack adequate security measures [1][10] Group 1: Product Development and Integration - PANW launched Prisma AIRS 2.0 in Q1 FY26, integrating Protect AI for comprehensive AI protection, including real-time security for AI agents [2][10] - The partnership with Google Cloud was expanded in December 2025, integrating Prisma AIRS with Google Cloud's AI services, enhancing security for AI models and agents [3][10] - Prisma AIRS has also been integrated with other platforms like Factory, Glean, IBM, and ServiceNow, securing AI agents within existing customer tools [3] Group 2: Market Adoption and Financial Performance - The number of Prisma AIRS deals more than doubled sequentially in Q1 FY26, indicating increasing adoption and potential for future growth [4][10] - The Zacks Consensus Estimate predicts revenue growth of approximately 14.1% for fiscal 2026 and 13.2% for fiscal 2027 [4] Group 3: Competitive Landscape - Competitors such as CrowdStrike and SentinelOne are expanding their platforms and innovating with AI, with CrowdStrike integrating Charlotte AI into its security offerings [5][6] - SentinelOne reported a 23% year-over-year growth in annual recurring revenues, driven by the adoption of its AI-first platform [7] Group 4: Valuation and Earnings Estimates - PANW's shares have decreased by 9.9% over the past six months, compared to a 12.3% decline in the Zacks Security industry [8] - The company trades at a forward price-to-sales ratio of 11.21X, below the industry average of 12.22X [12] - Earnings estimates for fiscal 2026 and 2027 suggest year-over-year growth of 14.9% and 12.3%, respectively, with recent upward revisions [15]