Jim Cramer is Bullish on Palo Alto (PANW) After Strong Q4 Earnings, Despite Stock Dip
Jim Cramer stated on the September 1 episode of "Mad Money" that he is bullish on Palo Alto Networks (PANW), citing that AI is creating additional cybersecurity demand. The company reported strong fiscal fourth-quarter 2026 results, with revenue up 34% year-over-year to $3.41 billion, beating estimates of $3.35 billion, and adjusted earnings of $1.02 per share, exceeding expectations of $0.98. Next-Generation Security ARR rose 63% to $9.10 billion. However, shares fell approximately 9.3% on September 2, as investors focused on a projected slowdown in NGS ARR growth to 22%-23% for fiscal 2027, from the reported 63% in Q4.
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