Palo Alto Networks shares rise nearly 3.5% amid cybersecurity spending boom

TechnologyInternationalXTB.comNov 13, 2026, 9:45 AMAI summary

Palo Alto Networks shares rose nearly 3.5%. The market is watching a possible increase in cybersecurity budgets of more than 20% in 2027, versus single-digit growth in early 2026 and an expected acceleration to around 15% by the end of this year. The development of AI is expanding the scale and complexity of threats, driving greater corporate investment. In its fourth fiscal quarter of 2026, revenue grew 34% year over year to $3.41 billion and NGS ARR rose 63% to $9.1 billion.

In 35 seconds

Palo Alto Networks shares gained nearly 3.5%
Cybersecurity budgets could grow more than 20% in 2027, after single-digit growth in early 2026
In the fourth fiscal quarter of 2026 revenue rose 34% year over year to $3.41 billion

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

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Palo Alto Networks shares rise nearly 3.5% amid cybersecurity spending boom

In 35 seconds

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Keep reading

Agentic commerce: when AI compares prices and shops for the user

The 'Binance case' alerts HR: hiring processes as a gateway for cybercriminals

Cajasan director: AI should enhance human capabilities in companies

Global Microsoft outage hits Outlook, Teams and Copilot