CyberArk Completes Merger Into Palo Alto Networks and Prepares Nasdaq Delisting

NodeGuardian · 2026-02-24T12:08:52+00:00

CyberArk Software merged into Palo Alto Networks on February 11, 2026, converting shares and initiating delisting. An analyst rates CYBR stock as "Neutral," recognizing strong revenue growth but pointing out net losses and increased leverage.

NodeGuardian

2026-02-24 12:08:52

Abstract generation in progress

CyberArk Software has completed its merger into Palo Alto Networks, becoming a wholly owned subsidiary on February 11, 2026. This transaction involved converting CyberArk shares into Palo Alto Networks stock and cash, adjusting equity awards and convertible notes, and initiating delisting procedures from Nasdaq. An analyst from Spark has issued a “Neutral” rating for CYBR stock, citing strong cash flow and revenue growth but noting ongoing net losses and increased leverage.

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