Palo Alto Networks

Company PANW

Last mentioned: 2d ago

Key Data

ticker
PANW
name
Palo Alto Networks
price
365.4
change
-23.32
changePct
-6

Stories mentioning Palo Alto Networks 2

Acquisitions Neutral

Palo Alto Networks Acquires Koi Amid Cautious Enterprise AI Outlook

Palo Alto Networks CEO Nikesh Arora reports that enterprise AI adoption remains largely confined to coding assistants, lagging significantly behind consumer usage. To capitalize on the eventual shift, the company has acquired AI startup Koi to secure future generative AI workloads and data flows.

2 sources
Earnings Bullish

PANW Shares Slide 6% on Soft Guidance Despite Strategic Koi AI Acquisition

Palo Alto Networks' stock fell 6% after the company issued third-quarter profit guidance that missed analyst expectations, overshadowing the announcement of its acquisition of Israeli startup Koi. The deal for Koi signals a strategic pivot into agentic AI security, aiming to protect autonomous software agents as the company continues its aggressive platformization push.

2 sources