According to CNBC, Palo Alto Networks reported fiscal fourth-quarter revenue of $3.41 billion, up 34% year over year and above the $3.35 billion LSEG consensus, while adjusted earnings per share came in at $1.02 versus expectations of 98 cents. The company also said next-generation security annual recurring revenue rose 63% from a year earlier, net new platformizations reached about 220, and total remaining performance obligation increased 34% to $21.2 billion. For fiscal 2027, Palo Alto guided revenue to $14.1 billion to $14.2 billion, adjusted EPS to $4.16 to $4.19, next-gen security ARR to $11.075 billion to $11.175 billion, and RPO to $25.2 billion to $25.4 billion, all above estimates. The article said the stock was down almost 2% in extended trading, and it noted that the outlet raised its price target on Palo Alto Networks to $400 from $380 while keeping the rating under review.