JPMorgan Sees Anthropic's AI Cybersecurity Model Boosting These Two Stocks

Security vendors CrowdStrike and Palo Alto Networks are essential partners in the effort to fight AI with AI, analyst says.

Apr. 8, 2026 at 1:34pm

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According to JPMorgan, cybersecurity stocks CrowdStrike Holdings and Palo Alto Networks are likely to benefit from Anthropic's release of an advanced artificial intelligence solution tied to Project Glasswing, Anthropic's latest cybersecurity initiative. The investment bank reiterated overweight ratings on both companies, seeing their partnerships with Anthropic as a logical step that positions them to capitalize on growing demand for AI-powered security solutions.

Why it matters

The proliferation of AI is compounding security challenges for enterprises, driving increased demand for advanced cybersecurity tools. As a result, security vendors are capturing more budget outside of traditional IT security as businesses work to bring 'shadow AI' under control and secure AI-driven projects.

The details

JPMorgan analyst Brian Essex wrote that CrowdStrike and Palo Alto Networks were named as 'founding partners' and 'essential layers in the defensive stack' for Anthropic's Project Glasswing. The Glasswing initiative is designed to detect and patch critical software vulnerabilities using Anthropic's advanced AI model, Claude Mythos Preview. The analyst sees this partnership as a positive for the two security vendors, as they are working with Anthropic rather than being targeted as potential disruptors.

  • Anthropic announced the availability of Claude Mythos Preview to more than 40 companies on Tuesday, April 8, 2026.
  • JPMorgan published its report and analysis on Wednesday, April 9, 2026.

The players

JPMorgan

A multinational investment bank and financial services company.

Anthropic

An artificial intelligence research company that recently released an advanced AI model, Claude Mythos Preview, designed to detect and patch software vulnerabilities.

CrowdStrike Holdings

A cybersecurity technology company that provides cloud-delivered protection against cyberattacks.

Palo Alto Networks

A cybersecurity company that offers firewall, cloud security, and other security solutions.

Brian Essex

A JPMorgan analyst who authored the report on the potential impact of Anthropic's AI cybersecurity model on CrowdStrike and Palo Alto Networks.

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What they’re saying

“The near-term read from Glasswing is constructive for Security, particularly for CRWD and PANW which were named founding partners and essential layers in the defensive stack, rather than competitive targets.”

— Brian Essex, JPMorgan Analyst

“Security vendors are beginning to capture portions of budgets outside of traditional security as enterprises begin to bring shadow AI under control or CISOs are asked to secure AI-driven projects for business groups outside of IT.”

— Brian Essex, JPMorgan Analyst

What’s next

JPMorgan has set a 12-month price target of $475 on CrowdStrike and $200 on Palo Alto Networks, indicating the investment bank's belief that the companies will continue to benefit from the growing demand for AI-powered cybersecurity solutions.

The takeaway

The partnership between Anthropic, CrowdStrike, and Palo Alto Networks highlights the increasing importance of AI in the cybersecurity landscape. As enterprises struggle to secure their digital infrastructure against AI-related threats, security vendors that can effectively leverage AI-powered tools are poised to gain a competitive advantage.