PANW · PEAD ↑ 61

Palo Alto Networks reported Q3 FY2026 results on 2026-05-20 (after market close); consensus EPS was $0.80 — actuals are not yet in our feed.

Print-day reaction was +2.7% from the prior close, lifting PANW to $246.66 as the market absorbed the after-hours results on the following session. The overnight gap to T+1 open faded −2.2%, suggesting some profit-taking in after-hours or pre-market trading before the session began. Days 1–3 drift added a further +1.5%, a quiet but persistent continuation that kept the cumulative move constructive. Cumulative abnormal return of +4.6% versus SPY.US clears the +3% PEAD long threshold; per the documented drift pattern, the read holds through 2026-08-17.