PANW Stock Recent News

Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto's entrance into the identity security space, according to a company press release.

The leaders of Palo Alto Networks and CyberArk say their $25 billion deal will allow for faster global growth. Palo Alto Networks CEO Nikesh Arora and CyberArk Executive Chair Udi Mokady join Caroline Hyde and Ed Ludlow on “Bloomberg Tech.

Close A big cybersecurity deal that fired up investors earlier this week is now official. Palo Alto Networks (PANW) on Wednesday said it would acquire CyberArk (CYBR) in a cash-and-stock deal that values the latter company at about $25 billion. The deal has Palo Alto paying $45 in cash, as well as 2.2005 shares of its stock, for each CyberArk share; that comes out to about a 9% premium to CyberArk's Tuesday's close. (Visible Alpha data puts CyberArk's market value at a bit under $22 billion.) Palo Alto said it expects the deal to close in the second half of its next fiscal year, which starts in August. It's projected to improve gross margins immediately and to lift free cash flow per share in fiscal 2028. Shares of CyberArk were recently down less than 1%, while Palo Alto's were off nearly 7%. While the move in CyberArk may seem unusual for a company set to be purchased, it reflects in part a jump already seen this week when reports that a deal was in the works hit investors' screens.

Santa Clara, Calif.-based cybersecurity platform provider Palo Alto Networks stock has lost 14% of its peak value since inking a deal to acquire Newton, Mass.

Palo Alto Networks' stock was falling Wednesday after the announcement of a splashy deal that would give the cybersecurity giant a foothold in the identity business, which stands to benefit from AI.

PANW eyes a $20B CYBR buyout to plug its identity gap and push deeper into the fast-growing IAM market.

Palo Alto Networks (NASDAQ: PANW) is reportedly in advanced talks to acquire Israel-based cybersecurity firm CyberArk in a deal that could be valued at up to $20 billion, per The Wall Street Journal. The news sent CyberArk shares up over 13%, although Palo Alto's stock dropped by nearly 5%.

The deal is expected to close in the second half of Palo Alto's fiscal 2026.

Palo Alto Networks is acquiring Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay $45 a share for CyberArk

Palo Alto Networks said on Wednesday it would buy Israeli cybersecurity firm CyberArk Software for about $25 billion, deepening its push to become a one-stop shop for businesses seeking protection from rising AI-driven threats.