Palo Alto Networks reported robust revenue growth for its fiscal second quarter, with revenues reaching $2.26 billion, exceeding market expectations. The company also indicated a remaining performance obligation of $13 billion, reflecting strong demand for its AI-driven cybersecurity solutions as enterprises consolidate platforms. Despite these positive indicators, shares of Palo Alto Networks experienced a 0.9% decline, attributed to free cash flow results that fell short of analyst forecasts. The company reported free cash flow of $509.4 million, while analysts had anticipated $694.9 million. Following the earnings report, analysts at Loop Capital raised their price target for Palo Alto Networks from $180 to $190, expressing optimism about the company's strategic direction in the evolving cybersecurity landscape.