Palo Alto Networks (PANW) and Okta Inc. (OKTA) are U.S.-based cybersecurity firms specializing in enterprise protection. As noted in a Mordor Intelligence report, the cybersecurity market is forecasted to grow at a CAGR of 12.28% from 2026 to 2031, driven by increasing complex digital threats.
Palo Alto Networks reported a significant acquisition-related cost of $24 million in Q2 of fiscal 2026, up from $5 million in the previous quarter, impacting its profitability. The company issued 112 million shares linked to the $25 billion CyberArk deal, affecting its earnings per share (EPS) guidance, which is now projected at $3.65-$3.70, down from $3.80-$3.90. In contrast, Okta’s fourth-quarter fiscal 2026 results showed an 11.6% revenue increase and a 15.4% rise in EPS year-over-year, with 5,100 clients generating contracts over $100K, indicating robust growth prospects.
As of now, both companies hold a Zacks Rank of #3 (Hold), but Okta’s favorable valuation and positive earnings revisions suggest a potentially more favorable investment outlook compared to Palo Alto Networks.
