Palo Alto shares fall after cut to fiscal 2026 profit forecast

Palo Alto Networks shares fell in premarket trading on February 18, 2026, by about 6% according to Bloomberg coverage, even after a quarter that beat expectations. The drop followed a cut to fiscal 2026 non-GAAP EPS guidance, which the company tied to rising integration costs from recent acquisitions, including CyberArk. Revenue guidance for the year was raised in the same update.

• Premarket decline of about 6% on February 18
• FY2026 non-GAAP EPS guidance cut to $3.65 to $3.70 from $3.80 to $3.90
• FY2026 revenue guidance raised to $11.28 billion to $11.31 billion from $10.50 billion to $10.54 billion
• Cause: integration costs from recent acquisitions