What’s Going On With Palo Alto Stock On Tuesday?

by | Feb 17, 2026 | General

Palo Alto Networks (NASDAQ:PANW) shares are trading lower on Tuesday. Today, the company announced its intent to acquire Koi, a move aimed at enhancing its Agentic Endpoint Security capabilities.

This news comes as broader markets are mixed, with the Nasdaq slipping slightly while other indices show modest gains. Palo Alto will release its quarterly results today, after the market close.

Palo Alto Networks has entered into a definitive agreement to acquire Koi, an Agentic Endpoint Security, which aims to address the growing risks associated with AI tools and agents that operate outside traditional security controls.

This acquisition is expected to enhance Palo Alto’s Prisma AIRS and Cortex XDR platforms, providing customers with improved visibility and control over their AI-driven operations. As of October 31, 2025, Palo Alto Networks had cash and equivalents worth $3.066 billion.

Technical Analysis

The stock is currently trading 5.3% below its 20-day simple moving average (SMA) and 9.8% below its 100-day SMA, indicating a bearish trend. Shares have decreased 21.73% over the past 12 months and are currently positioned closer to their 52-week lows than highs.

The RSI is at 44.45, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold. Meanwhile, MACD is below its signal line, indicating bearish pressure on the stock.

The combination of neutral RSI and bearish MACD suggests mixed momentum.

  • Key Resistance: $189.00
  • Key Support: $151.50

The company’s recent acquisition of Koi is significant as it aims to enhance its capabilities in managing the risks associated with AI tools, which have become increasingly prevalent in modern work environments. This strategic move underscores Palo Alto’s commitment to staying at the forefront of cybersecurity innovation.

Analyst Consensus & Recent Actions

The stock carries a Buy Rating with an average price target of $224.00. Recent analyst moves include:

  • Truist Securities: Buy (Lowers Target to $200.00) (Feb. 17)
  • Mizuho: Outperform (Lowers Target to $205.00) (Feb. 17)
  • BTIG: Buy (Lowers Target to $200.00) (Feb. 12)

Top ETF Exposure

  • First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR): 7.80% Weight
  • iShares Expanded Tech-Software Sector ETF (BATS:IGV): 4.70% Weight
  • Amplify Cybersecurity ETF (NYSE:HACK): 5.36% Weight

Significance: Because PANW carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

PANW Price Action: Palo Alto Networks shares were down 2.71% at $162.43 at the time of publication on Tuesday, according to Benzinga Pro data.

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