Palo Alto Networks: Quick Thoughts on Idira Release

研报英文原文证据摘录

Palo Alto Networks: Quick Thoughts on Idira Release

Deutsche Bank

Research

Rating Company Date

Buy Palo Alto Networks 12 May 2026

North America Reuters Bloomberg Rating Buy

United States PANW.OQ PANW US Price target (USD) 220.00 Price at 11 May 26 213.66

52-week range 221.38 – 141.67

TMT

Software Valuation & Risks

Quick Thoughts on Idira Release

Brad Zelnick

What's new: PANW announced the general availability of Idira, a core platform Research Analyst

+1-212-250-8563 which focuses on extending security and governance across all identity types on

a single control plane. Idira enables customers to continuously discover, control, Nasr Islam

and govern identities through their lifecycle, built on a fundamental principle that Research Associate

"every identity is privileged". Included within the release is modern PAM which +1-212-250-6174

allows the extension of "dynamic privilege controls across every human, machine

and agentic identity".

More details can be found here and here.

Our view: The release of Idira reinforces our view of PANW as perhaps the vendor

best positioned to be the security partner of choice for companies seeking to

safely deploy AI at pace and scale. Identity has emerged as a key control point for

AI agents as it relates to security, governance, and compliance. As AI agents

inherit user access rights (which are often over-privileged), act at machine speed

with non-deterministic workflows, and are often ephemeral, runtime access

control has only grown in importance and we share the view that a modern,

dynamic PAM is foundational to effectively secure AI. We therefore think

CyberArk's roots as a PAM pioneer will serve as a competitive advantage in this

burgeoning market against peers addressing the challenge from other core

competencies (i.e., IAM, IGA).