02:57 PM EST, 11/20/2025 (MT Newswires) -- Palo Alto Networks' ( PANW ) platformization approach is the "right move" for the company as cybersecurity is a clear second or third derivative play in the artificial intelligence revolution, aiding the company to gain further market share, Wedbush said in a Thursday note.
The brokerage further said that the company will "continue to be aggressive in M&A," noting Palo Alto Networks' ( PANW ) newly announced acquisition of Chronosphere for $3.35 billion in cash and the company's recent acquisition of CyberArk Software ( CYBR ) .
Wedbush noted Palo Alto Networks' ( PANW ) announcement that it will launch a new joint solution with International Business Machines ( IBM ) to offer a new quantum-safe readiness solution, will be a "key long-term market as the quantum market grows."
The firm maintained its outperform rating on Palo Alto Networks ( PANW ) with a $225 price target, and kept the stock on its Best Ideas List + IVES AI 30.
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