🔴 Palo Alto Networks Inc is trading 3.4% down today as traders lock in profits after post-earnings surge

Palo Alto Networks Inc is trading 3.4% down today at $286.97 as investors lock in profits following a sharp rally triggered by strong fiscal Q3 results.

• The company beat fiscal Q3 2026 expectations with $3.0 billion in revenue and $0.85 non-GAAP EPS, while also raising its full-year guidance.
• Growth was bolstered by a 60% increase in Next-Generation Security (NGS) Annual Recurring Revenue (ARR), which had sent shares sharply higher in the prior session before the current pullback.