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Palo Alto Networks becomes Tel Aviv Stock Exchange's most valued company
Cybersecurity firm surpasses Teva Pharmaceuticals with $115 billion market cap
Published on Feb. 14, 2026
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Palo Alto Networks, the American cybersecurity company, has become the most valuable company listed on the Tel Aviv Stock Exchange (TASE) with a market capitalization of $115 billion, surpassing Israeli pharmaceutical giant Teva Pharmaceuticals' $40 billion valuation.
Why it matters
This milestone reflects Palo Alto Networks' growing global footprint and the increasing importance of cybersecurity as a key industry, especially in the Middle East region. The company's success on the TASE also highlights Israel's thriving technology ecosystem and its ability to attract major international firms.
The details
Palo Alto Networks, headquartered in Santa Clara, California, provides firewall and cloud-based security solutions to enterprises and governments worldwide. The company's market cap on the TASE has surpassed that of Teva Pharmaceuticals, Israel's largest drug maker, which has long been the bourse's most valuable listed firm.
- Palo Alto Networks surpassed Teva Pharmaceuticals' market cap on the Tel Aviv Stock Exchange on February 14, 2026.
The players
Palo Alto Networks
An American cybersecurity company that provides firewall and cloud-based security solutions to enterprises and governments worldwide.
Teva Pharmaceuticals
Israel's largest drug maker and previously the most valuable listed firm on the Tel Aviv Stock Exchange.
The takeaway
Palo Alto Networks' rise to become the most valuable company on the Tel Aviv Stock Exchange underscores the growing importance of cybersecurity globally and Israel's position as a hub for technology innovation.
