{"id":262414,"date":"2026-06-02T16:52:00","date_gmt":"2026-06-02T20:52:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/02\/palo-alto-raises-annual-forecasts-on-strong-ai-cybersecurity-demand-shares-surge\/"},"modified":"2026-06-02T17:45:20","modified_gmt":"2026-06-02T21:45:20","slug":"palo-alto-raises-annual-forecasts-on-strong-ai-cybersecurity-demand-shares-surge","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/02\/palo-alto-raises-annual-forecasts-on-strong-ai-cybersecurity-demand-shares-surge\/","title":{"rendered":"Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge"},"content":{"rendered":"<p><a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/palo-alto-raises-annual-forecasts-205221784.html\">Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge<\/a><\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/palo-alto-raises-annual-forecasts-205221784.html\">https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/palo-alto-raises-annual-forecasts-205221784.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-02 16:52:00<\/a><\/p>\n<p>Source Domain: <a href=\"finance.yahoo.com\">finance.yahoo.com<\/a><\/p>\n<p class=\"yf-1fy9kyt\">June 2 (Reuters) &#8211; Palo Alto Networks raised its annual revenue and profit \u200cforecast on Tuesday, as enterprises increased \u200cspending on cloud, identity and AI-driven cybersecurity products \u200bamid a rising threat landscape, sending shares up 7.4% in extended trading.<\/p>\n<p class=\"yf-1fy9kyt\">Here are some details on the results:<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 Santa Clara, \u200cCalifornia-based Palo Alto \u2060expects revenue of $11.415 billion to $11.425 billion for fiscal 2026, above \u2060its prior projection of $11.28 billion to $11.31 billion.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 AI has emerged as a major growth \u200bdriver for \u200bthe company, \u200bwith rising AI-driven cyber \u200cthreats expected to accelerate enterprise cybersecurity spending and strengthen demand for platform-based vendors such as Palo Alto Networks.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 The company provides integrated network, cloud, identity and \u200cAI security solutions.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 Palo \u200bAlto expects adjusted profit \u200bper share \u200bof $3.77 to $3.79 for fiscal 2026, \u200cup from its prior forecast \u200bof $3.65 to $3.70.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 \u200bRevenue for the third quarter grew 31% to $3 billion, above estimates of $2.94 \u200bbillion, according \u200cto data compiled by LSEG.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by \u200bHarshita Mary Varghese in Bengaluru; Editing \u200bby Shreya Biswas)<\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/palo-alto-raises-annual-forecasts-205221784.html\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/palo-alto-raises-annual-forecasts-205221784.html Publish Date:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":262415,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/os\/en\/reuters-finance.com\/a1f886a0405203bb31edcc086e03e0dd","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[20,57],"class_list":["post-262414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-artificial-intelligence","tag-security"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/262414"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=262414"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/262414\/revisions"}],"predecessor-version":[{"id":262416,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/262414\/revisions\/262416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/262415"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=262414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=262414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=262414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}