Welcome to our dedicated page for Palo Alto news (Ticker: PANW), a resource for investors and traders seeking the latest updates and insights on Palo Alto stock.
Palo Alto Networks (PANW) is a global leader in AI-powered cybersecurity solutions, providing unified platform protection for networks, clouds, and security operations. This dedicated news hub delivers official updates and analysis for stakeholders tracking the company's strategic developments in enterprise security.
Access curated press releases and verified news covering product innovations, financial results, and strategic partnerships. Our repository includes updates on PANW's advanced security platforms like Cortex XSIAM and Prisma Cloud, along with market-moving developments in threat intelligence and zero trust architecture.
Key content categories include quarterly earnings announcements, technology breakthroughs in AI-driven security operations, executive leadership updates, and cybersecurity industry trends. Investors gain insights into PANW's platformization strategy and its position in the evolving digital defense landscape.
Bookmark this page for streamlined access to Palo Alto Networks' official communications and expert analysis of their cybersecurity leadership. Check regularly for updates on how PANW continues to shape enterprise security through integrated cloud, network, and SOC solutions.
Palo Alto Networks (NASDAQ: PANW) has announced a partnership with IBM and the UK Home Office's Emergency Services Mobile Communications Programme (ESMCP) to develop security solutions for the Emergency Services Network (ESN). The multi-year project will provide a modern, secured voice and data platform for police, fire, and ambulance services across Great Britain.
PANW will implement Precision AI-powered comprehensive platform protection across network, cloud, and security operations center environments, supported by 24/7 cyber incident response services and Unit 42 Incident Response Services. The platform will deliver optimal security outcomes and advanced protection against cyber threats, featuring a unique Zero Trust mobile network security approach and streamlined security operations.
Palo Alto Networks (NASDAQ: PANW) has achieved Federal Risk and Authorization Management Program (FedRAMP) High Authorization across its network, cloud, and security operations platforms. This makes PANW the provider with the most comprehensive suite of AI-powered cybersecurity solutions authorized for federal networks at the High impact level.
The authorization covers over 20 solutions including Prisma Access, Prisma Cloud, and Cortex platforms. The company's platformization approach integrates diverse security solutions into unified platforms, leveraging automation and AI for enhanced threat detection and mitigation. This authorization validates PANW's ability to protect the government's most sensitive, unclassified data in cloud computing environments.
Palo Alto Networks (NASDAQ: PANW) has announced its upcoming participation in the UBS Technology Conference. The company's management team will present on Tuesday, December 3, 2024, at 8:35 a.m. PT. Interested parties can access a live audio webcast of the presentation through the 'Investors' section of the company's website at investors.paloaltonetworks.com. Additional details about upcoming investor events will also be available on the same platform.
Palo Alto Networks (PANW) reported strong fiscal Q1 2025 results with revenue growing 14% year over year to $2.1 billion. The company's Next-Generation Security ARR increased 40% to $4.5 billion, while remaining performance obligation grew 20% to $12.6 billion. GAAP net income reached $350.7 million ($0.99 per share), up from $194.2 million last year. The company announced a two-for-one stock split effective December 16, 2024, and raised its guidance for NGS ARR, revenue, and non-GAAP EPS for the year.
Palo Alto Networks (PANW) has released its cybersecurity and AI predictions for 2025, highlighting seven key trends. The company forecasts a shift towards unified data security platforms, emphasizing that large organizations with extensive data resources will have an advantage in AI implementation. Key predictions include: the evolution of SOCs with AI-driven autonomous operations, widespread adoption of secure enterprise browsers, increased focus on AI's energy impact, preparation for quantum security challenges, and stronger collaboration between CIOs and CMOs.
The company notes that over 40% of business leaders lack understanding of cyber risks associated with generative AI, according to PwC's 2024 survey, emphasizing the need for organizations to strengthen their cybersecurity strategies.
Palo Alto Networks (NASDAQ: PANW) announced it will release its fiscal first quarter 2025 financial results on Wednesday, November 20, 2024, after U.S. markets close. The company will host a video webcast at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. The webcast will be available through the Investors section of their website, with a replay accessible three hours after the event and archived for one year.
Palo Alto Networks (NASDAQ: PANW) has introduced new capabilities in its OT Security solution to address growing cybersecurity threats to industrial operations. These include:
1. The industry's first fully integrated, risk-based guided virtual patching solution, powered by Precision AI™
2. Prisma® Access Browser with Privileged Remote Access
3. A suite of ruggedized, ML-powered Next-Generation Firewalls (NGFWs) for harsh industrial settings
These innovations aim to enhance remote operations security, mitigate risks for critical OT assets, and extend protection into challenging industrial environments. The new features respond to the increasing frequency and sophistication of OT attacks, with 70% of industrial organizations experiencing a cyberattack on their OT environment in the last year, according to the 2024 State of OT Security report.
Palo Alto Networks (NASDAQ: PANW) and Deloitte have expanded their strategic alliance globally, extending their AI-powered cybersecurity solutions to EMEA and JAPAC regions. This expansion aims to accelerate the adoption of leading cybersecurity capabilities and help clients benefit from platformization. The alliance addresses the challenge of managing multiple cybersecurity products by offering integrated platforms that enhance security posture and drive operational efficiencies.
The collaboration will offer Palo Alto Networks' security solutions across network, cloud, and security operations platforms, focusing on three key areas:
- Cyber Detection & Response: Utilizing the AI-powered Cortex XSIAM® platform
- Cloud Security: Enhancing security for cloud-native applications and infrastructure
- Zero Trust Adoption: Strategizing and implementing Zero Trust frameworks
This global expansion builds on the existing partnership, aiming to provide clients with integrated AI-powered cybersecurity solutions and insights to improve their security posture and address complex challenges.
Red Canary, a leading MDR provider, has expanded its partnership with Palo Alto Networks to offer Managed XSIAM, a new fully managed SOC service powered by Palo Alto Networks Cortex® XSIAM®. This service is designed to help midsize businesses achieve autonomous, AI-powered security operations while reducing staffing and operational requirements.
The new offering combines Red Canary's expertise in security operations with Palo Alto Networks' AI-driven platform to provide 24/7 advanced threat detection, expert response, and over 4000 behavioral analytics. Set to launch in the second half of 2024, Managed XSIAM aims to address the challenges faced by organizations struggling with complex security tech stacks and resources.
This partnership strengthens the existing collaboration between Red Canary and Palo Alto Networks, building on integrations with Cortex XDR, PAN-OS®, Advanced Threat Prevention, and WildFire®.
Palo Alto Networks (NASDAQ: PANW) has been named a leader in The Forrester Wave™: Attack Surface Management Solutions, Q3 2024. The company's Cortex Xpanse® received the top score in the strategy category and the highest possible scores in vision, innovation, and roadmap criteria. This recognition affirms Palo Alto Networks' AI-powered Cortex® platform as a leader in security operations center (SOC) transformation.
Cortex Xpanse enables organizations to find and automatically fix exposures across their entire attack surface by scanning over 500 billion internet-facing assets daily, helping teams discover 30-40% more assets than previously known. As part of the Cortex SOC platform, it integrates with industry-leading XDR, SOAR, and SIEM capabilities to simplify security operations.
Palo Alto Networks has also been recognized as a leader in other Forrester Wave™ evaluations, including Extended Detection and Response (XDR) Platforms and Cybersecurity Incident Response Services in Q2 2024.
