PANW Stock Rises Overnight On Anthropic Integration, New AI Gateway Buy — But Retail Is Still Not Sold

• PANW stock jumped 1% in overnight trading.
• Palo Alto said it is integrating the Anthropic security platform, powered by its flagship AI model, into a cybersecurity tool.
• Stocktwits sentiment for PANW remained unchanged at ‘bearish.’ 

Palo Alto Networks, Inc.’s shares rose 1% in overnight trading heading into Friday after the cybersecurity firm announced two AI-focused updates: an integration with Anthropic’s flagship model and plans to acquire AI gateway company Portkey.

Palo Alto Networks’ Unit 42 Frontier AI Defense tool is integrating Anthropic’s Claude Security, powered by Anthropic’s flagship model Opus 4.7, to help customers detect and fix security threats faster using advanced AI, Palo Alto said in a blog post.

In a separate update, the company announced its intent to acquire Portkey. Incorporated in 2023, Portkey is an AI infrastructure company that offers a centralized control plane to manage and protect autonomous AI agents.

The solution includes an AI gateway (a unified API), observability tools (for tracking usage/performance), guardrails (safety controls), and governance tools to manage and scale AI apps in production.

“With Portkey, we are providing enterprises with visibility into all their agentic traffic, and enabling them to control and protect against agentic threats,” Palo Alto’s Chief Product and Technology Officer Lee Klarich said. 

Palo Alto did not reveal the financial terms of the deal, which it said would close in the fourth quarter.

Retail View On PANW

The news had little impact on the retail sentiment. On Stocktwits, the sentiment reading for PANW remained unchanged at ‘bearish,’ amid low message volume.

“Cybersecurity is shifting from firewalls to agent management. $PANW is grabbing the lead here,” a trader wrote.

“Trading at $179.32, down 1.2% today, but let's look at the bigger picture—the stock has been on a tear this April (+8%). Technically, we’re consolidating after a wedge breakout. If it flips $182 into support, the path to the highs looks clear,” they said.

Last week, Palo Alto CEO Nikesh Arora shared his views on the software selloff. He said the market has yet to clearly differentiate between software companies based on how AI will impact them, arguing that segments like analytical and creative software firms face the most disruption, while infrastructure software and cybersecurity players stand to benefit.

As of their last close, PANW shares are down 2.7% year-to-date.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Read Next: TEAM Stock Rockets After-Hours: Why This Year’s Worst Nasdaq-100 Performer Is Staging A Dramatic Reversal