Palo Alto Networks (NASDAQ:PANW) shares are trading higher after the company beat fourth-quarter estimates and issued strong guidance. Following the earnings release, several Wall Street analysts reiterated their positive outlook on the stock.

The proposed $25 billion acquisition reflects the growing importance of identity management — and would fill a crucial gap in the Palo Alto Networks portfolio.

August 18, 2025Palo Alto Networks, Inc. beats earnings expectations. Reported EPS is $0.95, expectations were $0.88. Hamza Fodderwala: [Audio Gap] August 18 at 1:30 p.m. Pacific Time. With me on today's call to discuss fourth quarter results,