Palo Alto Networks Stock Reaches New Highs: What's Happening?
Palo Alto Networks Inc (NASDAQ: PANW ) shares are rising Tuesday, hitting new all-time highs. Cybersecurity stocks are climbing after Zscaler reaffirmed its first-quarter and fiscal 2027 adjusted earnings guidance. Here’s what you should know. Palo Alto Networks stock is approaching key resistance levels. What’s behind PANW new highs? Palo Alto Networks Gains As Zscaler Reaffirms Guidance Zscaler Inc (NASDAQ: ZS ) stood by its first-quarter and full-year fiscal 2027 targets, which it first gave on Sept. 3. The update came with Zscaler’s Investor Day, as executives use the event to discuss the company’s direction, platform advances and long-term growth drivers. In the first quarter, Zscaler is targeting revenue of $935 million to $939 million, roughly 19% above a year ago. The cybersecurity company also expects adjusted earnings of about $1.15 to $1.16 per share. Its full-year targets call for revenue between roughly $3.91 billion and $3.94 billion and adjusted earnings of $4.86 to $4.90 per share. StoneX Raises its CrowdStrike Price Target to $325 StoneX analyst Yi Fu Lee on Tuesday kept a Buy rating on CrowdStrike Holdings Inc (NASDAQ: CRWD ) and lifted the price target to $325 fr
Palo Alto Networks Inc (NASDAQ: PANW ) shares are rising Tuesday, hitting new all-time highs. Cybersecurity stocks are climbing after Zscaler reaffirmed its first-quarter and fiscal 2027 adjusted earnings guidance. Here’s what you should know. Palo Alto Networks stock is approaching key resistance levels.
What’s behind PANW new highs? Palo Alto Networks Gains As Zscaler Reaffirms Guidance Zscaler Inc (NASDAQ: ZS ) stood by its first-quarter and full-year fiscal 2027 targets, which it first gave on Sept. 3. The update came with Zscaler’s Investor Day, as executives use the event to discuss the company’s direction, platform advances and long-term growth drivers.
In the first quarter, Zscaler is targeting revenue of $935 million to $939 million, roughly 19% above a year ago. 16 per share. 90 per share. StoneX Raises its CrowdStrike Price Target to $325 StoneX analyst Yi Fu Lee on Tuesday kept a Buy rating on CrowdStrike Holdings Inc (NASDAQ: CRWD ) and lifted the price target to $325 from $250.
The move followed a fireside chat with investors and a working question-and-answer session with company management, which may be adding optimism to the cybersecurity sector today. Lee highlighted the July quarter, when CrowdStrike beat expectations and raised its outlook for a second straight time. 7% in fiscal 2026. At that pace, revenue should pass $6 billion this fiscal year.
Con 2026 and faster adoption of AI security products. Management moved up its long-term targets by a year. CrowdStrike now aims for $10 billion in annual recurring revenue by fiscal 2030 and $20 billion by fiscal 2035. What the Peer News Means For Palo Alto Networks Investors often trade cybersecurity stocks as a group, so peer updates can spill over to other large players like Palo Alto Networks.
Zscaler’s reaffirmation suggests its demand outlook is on plan. StoneX sees AI security adoption accelerating at CrowdStrike. Both could support expectations for spending across the sector. For context, Palo Alto Networks sells cybersecurity through a platform that covers network security, cloud security and security operations.
Its tools help customers block breaches, protect cloud workloads and spot and respond to threats more quickly. The California company serves more than 80,000 enterprise customers around the world, including more than three-fourths of the Global 2000. 39 at the time of publication on Tuesday. The stock made new all-time highs on Tuesday, according to Pro.
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