# Palo Alto Networks (PANW) has grown into one of the biggest names in cybersecurity.

*fintech · news · 2026-04-06 · Barchart*

## Key points

- Benchmark analyst Yi Fu Lee projects Palo Alto's Next-Gen Security ARR could nearly double by 2030.
- Recent acquisitions include CyberArk for identity security and Koi to address AI-driven endpoint threats.
- Q2 results showed Next-Gen Security ARR up 33% year-over-year to $6.3 billion.
- Management forecasts Next-Gen Security ARR to exceed $8.5 billion by fiscal 2026, over 50% annual growth.
- Analyst projections do not yet fully account for potential upside from AI and quantum security.

**Companies:** Palo Alto Networks
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1160683/claude-and-chatgpt-cant-kill-the-bull-case-for-palo-alto-stock-according-to-benchmark-analysts)

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