Enhancing Security
The reason behind the acquisition is to enhance protection against threats like data poisoning and model manipulation.
Source: Palo Alto Networks
The acquisition will also support the development of Prisma AIRS, a new platform focused on securing AI systems. The deal is expected to close in Q1 of fiscal 2026, pending regulatory approval.
PANW Surges
Following the announcement, PANW stock rose from $182.58 to $184.74 on April 29th, with a daily high of $186.34.
Over the past month, shares climbed from $152.44, and the company now holds a market cap of $122.32 billion. Analysts have issued a “Buy” rating with an average price target of $211.61, reflecting strong investor confidence.
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