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

When the market overreacts, buying opportunities have a way of presenting themselves. That’s the case for Palo Alto Networks, whose stock tumbled after it agreed to buy CyberArk Software for $25 billion. It’s set to report earnings on Aug. 18.

Palo Alto Networks, Inc. (NASDAQ: PANW) is one of the Trending AI Stocks on Wall Street. On August 12, Piper Sandler analyst Rob Owens upgraded the stock from Neutral to “Overweight” with a price target of $225.00 (from $200.00).

Palo Alto Networks acquires CyberArk for $25B, creating an $8B+ security giant. Analysis of market impact, integration challenges, and impact to enterprise security.

The cybersecurity giant is getting into identity security with its acquisition of CyberArk, which is one of the biggest cybersecurity deals of the year so far.

Cybersecurity company Palo Alto Networks is buying CyberArk in a cash-and-stock deal valued at approximately $25 billion

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.

Palo Alto reports earnings on Aug. 18, which will give investors a valuable update on its progress. Palo Alto Networks (NASDAQ: PANW) is the world's largest cybersecurity vendor, but with competitors like CrowdStrike (NASDAQ: CRWD) nipping at its heels,