---
title: "Palo Alto Networks Earns Buy Rating on AI-Era Identity Security Push and New Idira Platform"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286346540.md"
description: "Robert W. Baird analyst Shrenik Kothari has maintained a Buy rating on Palo Alto Networks (PANW) stock, citing the company's strong positioning in AI and identity security. The new Idira platform enhances PANW's role in security controls as enterprises adapt to new identity management needs. Kothari highlights the potential for monetization and cross-selling opportunities without disrupting existing customers. He also notes positive partnerships and improving sentiment around AI's impact on security budgets, supporting a favorable medium-term outlook for PANW."
datetime: "2026-05-14T02:35:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286346540.md)
  - [en](https://longbridge.com/en/news/286346540.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286346540.md)
---

# Palo Alto Networks Earns Buy Rating on AI-Era Identity Security Push and New Idira Platform

Robert W. Baird analyst Shrenik Kothari has maintained their bullish stance on PANW stock, giving a Buy rating on May 12.

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Shrenik Kothari has given his Buy rating due to a combination of factors tied to Palo Alto Networks’ strengthening AI and identity security positioning. He notes that Idira, the new identity security platform leveraging CyberArk, arrives just as enterprises are re-architecting controls around human, machine, and AI agent identities, which materially enhances PANW’s role across key AI-era security control points and aligns with shifting customer priorities.

Kothari also underscores that PANW’s packaging and integration strategy around Idira and the broader platform should unlock meaningful monetization and cross-sell opportunities without disruptive migrations for existing customers. In addition, he sees the OpenAI Daybreak and Anthropic Mythos partnerships, along with favorable channel checks and improving sentiment around AI’s impact on security budgets, as validating PANW’s platform and supporting a constructive medium-term setup despite recent share outperformance.

According to TipRanks, Kothari is a 5-star analyst with an average return of 16.7% and a 61.59% success rate. Kothari covers the Technology sector, focusing on stocks such as JFrog, Cloudflare, and Fortinet.

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