Cantor Sees Long-Term Upside for Palo Alto Networks (PANW) on AI-Era Security

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the AI Stocks in the Spotlight for Investors. On December 17, Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an “Overweight” rating on the stock following a F1Q26 beat., highlighting the company’s quantum and AI strategies.

Palo Alto reported better-than-expected performance across all metrics, driven by platform consolidation momentum and booming demand for AI-era security architectures.

The company raised its long-term NGS ARR target to $20B by FY30, citing traction across SASE, Cortex, and AIRS; along with expanding total addressable market as the company pushes further into identity, observability, and quantum readiness.

Cantor also discussed PANW’s acquisition of Chronosphere in their investor note, which is a next-generation observability platform built to scale with AI workloads. The acquisition will further enable Palo Alto to become a “full stack security and observability leader.”

“We maintain a constructive long-term view as Palo Alto positions ahead of major platform shifts in AI, identity, and quantum security.”

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity.

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