Palo Alto’s forecasts signal AI boost for cybersecurity tools, shares rise
Palo Alto Networks forecast fiscal 2026 revenue and profit above analysts’ estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in extended trading.
The company has been benefiting from an AI-driven upgrade cycle as enterprises accelerate their cloud adoption and modernize security operations amid rising data breach incidents.
