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Palo Alto Networks (PANW) has grown into one of the biggest names in cybersecurity.
Benchmark analyst Yi Fu Lee projects Palo Alto's Next-Gen Security ARR could nearly double by 2030.
KEY POINTS
- 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
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